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Philadelphia,PA 19141
Key Details
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,024 sqft
Price per Sqft $79
Subdivision Fern Rock
MLS Listing ID PAPH2417396
Style Colonial
Bedrooms 6
Full Baths 2
Year Built 1940
Tax Year 2024
Lot Size 3,052 Sqft
Property Description
Investment Property with Reliable Income! Huge 6 bed 2 full bath home with a basement, fully occupied, on a large corner lot. Oversized porch, fireplace and big bedrooms upstairs. Updated 200 amp electric, gas water heater, radiator oil heat. The property is currently leased to a professional property management company that manages over 20 properties. They guarantee a monthly rental income of $1,800 ($21,600 annually) and handle all utilities, maintenance, and repairs, with the landlord covering material costs only, as necessary. The management company also oversees subleasing, offering the owner a dependable, hands-off income stream. Property is being sold in as-is condition and Buyer is responsible for all municipal certifications. This property can also be purchased as part of a 3 property portfolio package including 3539 N Marvine St, Philadelphia and 5129 N 10th St, Philadelphia which is producing a combined $69,600 annually. The asking price for all 3 properties is $600,000.
Location
State PA
County Philadelphia
Area 19141 (19141)
Zoning RSA3
Rooms
Other Rooms Living Room,Dining Room,Bedroom 2,Bedroom 3,Bedroom 4,Kitchen,Bedroom 1,Laundry,Storage Room,Half Bath
Interior
Hot Water Electric
Heating Radiant
Cooling Wall Unit
Flooring Wood
Laundry Lower Floor,Basement
Exterior
Exterior Feature Wrap Around,Enclosed,Porch(es)
Fence Other
Utilities Available Cable TV
Waterfront N
Water Access N
Roof Type Flat
Building
Lot Description Corner,Front Yard,Rear Yard,SideYard(s)
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Special Listing Condition Standard