Price Reduction
Address
1329 N Randolph Street, Philadelphia, PA
Price
$ 1,679,900
Property Attributes
- MLS#PAPH2268712
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19122
- NeighborhoodOlde Kensington
- Zip19122
- StyleStraight Thru
- Year Built2018
- Taxes$ 1301
- Price$ 1,679,900
- Bedrooms8
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1,742 SqFt
Data Source:
Bright MLS
Property Description
This 5 year young quadplex in the sought-after South Kensington area offers a fantastic investment opportunity for both investors and owner occupants. With four spacious units, high-end finishes, hardwood floors, central air, in un it washer and dryer, shaker kitchen cabinets, quartz countertops and stainless steel appliances, plus outdoor area for relaxation, this property promises luxury and comfortable modern living. Existing full tax abatement with approximately 5 years remaining. The 4th unit is available making this a desirable owner occupied building. Breakdown of each unit: Unit 1: Listed $1995 Leased thru Feb 2025 -Bi-level layout, 1st fl and lower level -2 bedrooms and 2 bathrooms-1 per floor -Large private backyard Unit 2: Rented for $1850. Lease will expire 8/19/24 -Single-level layout -2 bedrooms and 2 bathrooms -Private rear balcony Unit 3: Rented $1895 Lease Ends February 2025 -Bi-level layout. -Living area on 1st floor and bedrooms on the 2nd level -2 bedrooms and 2.5 bathrooms -Private roof deck -Spiral Stair Case takes you to Roof deck access Unit 4: Rented for $1895 lease beings 3/24/2024 -Bi-level layout. -Living area on 1st floor and bedrooms on the 2nd level -2 bedrooms and 2 bathrooms -Private roof deck -Stair Case takes you to Roof deck access The property as a whole offers secure storage space, security and fire suppression alarm systems. Given its prime location in South Kensington, a sought-after area, this quadplex presents a golden opportunity for investors and owner occupants alike to enjoy upscale living or a valuable addition to their investment portfolio. The high-end finishes, modern amenities, and unique features of each unit make this property an enticing prospect. Don't miss out on the chance to become part of this exceptional opportunity!
| Price History | |
|---|---|
| 8/24/2023 | Listed $1,680,000 |
| 4/9/2024 | 1% - $1,679,900 |
General Features
| Sewer | Public Septic |
|---|---|
| Heating | Central |
| Cooling | Central A/C |
| Possession | 0-30 Days CD |
| Zoning | RSA5 |
| Pool Y/N | No Pool |
| Architectural Style | Straight Thru |
| Construction Materials | Brick |
| Exclusions | tenants property |
| Year Built | 2018 |
| Property SubType | Quadruplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| OwnerPays | None |
| Accessibility | None |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Multi-Family |
| Subdivision Name | OLDE KENSINGTON |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | Cross Street W Thompson |
| ModificationTimestamp | 2024-04-09T09:30:58 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 2.5 |
| Total Units | 4 |
| MLS Area | 19122 (19122) |
| Lot Size Square Feet | 1913.00 |
| Tax Assessed Value | 93000.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 4 |
| Street Name | RANDOLPH |
| Tax Annual Amount | 1301.0 |
| Home Warranty Y/N | No |
| Two Bedroom | 4 |
| Structure Type | Interior Row/Townhouse |
| Price Per Sq Ft | 479.97 |
| Acceptable Financing | Conventional,Cash |
| Historic Y/N | No |
| Rent Control Y/N | No |
| Vacation Rental Y/N | No |
| Total SQFT | 3500 |
| Days on Market | 252 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Tax Lot | 272 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| LivingAreaSource | Estimated |
Exterior Features
| Water Source | Public |
|---|---|
| Inclusions | all kitchen appliances,washer and dryers |
| Type of Parking | On Street |
| Land Use Code | V10 |
| Foundation Details | Slab |
| Spa | No |
| Water View Y/N | No |
| Lot Dimensions | 21.00 x 90.00 |
| Lot Size Acres | 0.04 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 18400.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 19122
Price
Taxes
Visits
Year Built
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