Listed By:
Tesla Realty Group, LLC
Address
4331 Pine Street, Philadelphia, PA
Price
$ 750,000
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

Property vs Multi-Family Average in 19104

Price
AVG $920K
$750K
Taxes
AVG $3,780
$5,070
Visits
AVG 287
152
Data Provided by Inside Real Estate®
Year Built
AVG 1949
1905

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