Property Attributes
- MLS#PAPH2329198
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19104
- Zip19104
- Style
- Year Built1905
- Taxes$ 5070
- Price$ 750,000
- Bedrooms5
- Full Bathrooms0
- Half Bathrooms0
- Lot Size2,178 SqFt
Data Source:
Bright MLS
Property Description
4-unit multifamily property near UPenn! Fully leased with an IN-PLACE rent roll of $64,140 / year. Units are large and spacious that go up to 4th floor! Basement halfway above grade for easy access for laundry room. Treeline block on Pine Street just blocks away from Penn Alexander Charter School. All units have hardwood floor, oversized windows, high ceilings. New owner can do additional renovation to increase the rents further. Existing income represents a 7% cap rate, higher than current interest rates and easy to finance if necessary. Seller agent has financial interest in the property!
Price History | |
---|---|
3/6/2024 | Listed $750,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Forced Air |
Cooling | Central A/C,Wall Unit |
Possession | Immediate |
Zoning | RTA1 |
Pool Y/N | No Pool |
Architectural Style | Other |
Construction Materials | Brick |
Year Built | 1905 |
Electric | 100 Amp Service,200+ Amp Service |
Property SubType | Quadruplex |
Tax Year | 2022 |
Percent Ownership | Fee Simple |
Cool Fuel | None |
Gross Income | 64147.00 |
Accessibility | None |
County | PHILADELPHIA |
Net Operating Income | 52302.00 |
New Construction | No |
Property Type | Multi-Family |
Garage Y/N | No |
Water Access Y/N | No |
Other Structures | Above Grade,Below Grade |
Status | ACTIVE |
Directions | 4331 Pine |
ModificationTimestamp | 2024-03-06T16:17:35 |
City | PHILADELPHIA |
Buyer Agent Compensation | 2.5 |
Total Units | 4 |
MLS Area | 19104 (19104) |
Lot Size Square Feet | 2200.00 |
Tax Assessed Value | 362200.0 |
Waterfront Y/N | No |
Street Name | PINE |
Tax Annual Amount | 5070.0 |
Two Bedroom | 2 |
Structure Type | Twin/Semi-Detached |
Single Room Units Count | 1 |
One Bedroom Units Count | 1 |
Other Units | Unit 1,Unit 2,Unit 4,Unit 3 |
Price Per Sq Ft | 234.38 |
Vacation Rental Y/N | No |
Total SQFT | 3200 |
Days on Market | 56 |
Standard Status | Active |
Year Built Source | Estimated |
Tax Lot | 27 |
Cap Rate | 7.00 |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Heating Fuel | Natural Gas |
---|---|
Basement | Full,Fully Finished |
Flooring | Wood |
Hot Water | Natural Gas |
Basement (Y/N) | Yes |
Heating Y/N | Yes |
Window Features | Energy Efficient |
Fireplace Y/N | No |
Street Suffix | STREET |
Central Air Y/N | Yes |
LivingAreaSource | Estimated |
Exterior Features
Water Source | Public |
---|---|
Type of Parking | On Street |
Land Use Code | N50 |
Foundation Details | Block |
Water View Y/N | No |
Lot Dimensions | 22.00 x 100.00 |
Lot Size Acres | 0.05 |
Lot Size Units | Square Feet |
Lot Size Source | Estimated |
Land Assessed Value | 54325.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
LotDimensionsSource | Estimated |
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