Property Attributes
- MLS#PAPH2345134
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19147
- Zip19147
- Style
- Year Built1915
- Taxes$ 6322
- Price$ 765,000
- Bedrooms5
- Full Bathrooms0
- Half Bathrooms0
- Lot Size871 SqFt
Data Source:
Bright MLS
Property Description
Opportunity to purchase a real estate rental portfolio. Offering 9 units in the form of 3 triplexes, all in South Philadelphia on 11th Street. Total asking price is $2,595,000. Buildings have been owned for between 3 and 17 years with a 99% occupancy rate. All units are currently occupied. Although it is for three buildings, it is an all-or-nothing offer in which all three buildings must be purchased together. All three buildings are on 11th street in the Bella Vista area of South Philadelphia. Within the nine units are: Seven 2-bedroom apartments, Two 1-bedroom apartments. Building 1 is 811 South 11th street. It consists of three 2-bedrooms apartments. Each unit has 1 full bathroom, outdoor space, and central air. Two of the units have in-unit washer-dryers and the third uses a coin operated unit in the basement. There are also storage cages for each unit in the basement. All units are separately metered. All units are currently occupied at the following rents: $2,000 / $1700 / $1,750 for a total rent roll of $5,450. Building 2 is 819 South 11th Street. It consists of two 2-bedroom units and one 1-bedroom unit. Each unit has one full bathroom and in-unit washer-dryers. The ground floor unit has a small yard. All units are separately metered. All units are currently occupied at the following rents: $1,650 / $1,400 / $1,450 for a total rent roll of $4,500. Building 3 is 1182 South 11th Street. It consists of two 2-bedroom units, each with two full baths and one 1-bedroom unit with one full bath. Each unit has in-unit washer-dryers and central air. The third-floor unit has an outdoor deck. All units are separately metered. All units are currently occupied at the following rents: $2,000 / $2,000 / $1,605 for a total rent roll of $5,605.
Price History | |
---|---|
4/19/2024 | Listed $765,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Baseboard - Hot Water |
Cooling | None |
Possession | Negotiable |
Roof | Flat |
Zoning | RM1 |
Architectural Style | Other |
Construction Materials | Masonry |
Year Built | 1915 |
Property SubType | Triplex |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Cool Fuel | None |
OwnerPays | Trash Collection,Water |
Accessibility | Other |
County | PHILADELPHIA |
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 | 11th street south of Market. |
ModificationTimestamp | 2024-05-18T06:19:48 |
City | PHILADELPHIA |
Buyer Agent Compensation | 1.4 |
Total Units | 3 |
MLS Area | 19147 (19147) |
Lot Size Square Feet | 1045.00 |
Tax Assessed Value | 451700.0 |
Waterfront Y/N | No |
Number of Units Leased | 3 |
Street Name | 11TH |
Tax Annual Amount | 6322.0 |
Home Warranty Y/N | No |
Two Bedroom | 2 |
Structure Type | Interior Row/Townhouse |
One Bedroom Units Count | 1 |
Other Units | Unit 1,Unit 2,Unit 3 |
Price Per Sq Ft Total | 312.12 |
Rent Control Y/N | No |
Vacation Rental Y/N | No |
Total SQFT | 2451 |
Days on Market | 30 |
Lease Type | Yearly |
Standard Status | Active |
Year Built Source | Assessor |
Tax Lot | 216 |
Total Actual Rent | 54000.00 |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Heating Fuel | Natural Gas |
---|---|
Basement | Full |
Hot Water | Natural Gas |
Basement (Y/N) | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Street Suffix | STREET |
Central Air Y/N | No |
LivingAreaSource | Assessor |
Exterior Features
Pool | No Pool |
---|---|
Water Source | Public |
Type of Parking | On Street |
Land Use Code | Y50 |
Foundation Details | Block |
Water View Y/N | No |
Lot Dimensions | 17.00 x 60.00 |
Lot Size Acres | 0.02 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Land Assessed Value | 90340.00 |
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