Price $1,600,000
Status Active
Beds 0
Baths 0 Bath
Home size 5,910 sqft
Lot Size 4,356 sqft
Days on Market 8
Detached, 8 unit turn-key investment property with excellent income (gross rents over $132,000/year). Easy to rent and always occupied. Superb character and light throughout-exactly what tenants want in this perfect location. Both sides of a twin on a lovely Spruce Hill block in University City (Penn Alexander Catchment). This property includes four (4) two bedroom units, two (2) one bedroom units, and two (2) efficiencies. Amazing property within blocks of Clark Park and its phenomenal Farmers Market, Local 44, Bottle Shop, Green Line, ReAnimator Coffee, Knockbox Coffee, Vagrant Coffee, Taco Taco Mexican (formerly Honest Tom's), Tampopo, Pop Shop, Renata's, Clarkville, Baltimore Avenue Restaurant Row, CVS, movie theater, and much more. Walk to HUP, Penn, CHOP, Penn Vet, Drexel, University of the Sciences. 11 minutes to Center City by car and plenty of convenient SEPTA options. NOTES-257 has four units, separate gas and electricity, all updated with original hardwood floors, front garden, front porch, rear yard. 259 has four units with shared heat and hot water, separate electric. Also updated with original character, front garden, and rear yard. Basement includes two sets of coin-op washers and dryers. In 259 basement but for use of both buildings. Owned, not rented and bring in $600-800 year. Gross Income $132,000+/year.
Property Type(s): Multi Family
Last Updated 5/3/2021 Tract UNIVERSITY CITY
Year Built 1925 Community PHILADELPHIA
County PHILADELPHIA

SCHOOLS

School District THE SCHOOL DISTRICT OF PHILADELPHIA
Elementary School PENN ALEXANDER SCHOOL
Jr. High School PENN ALEXANDER SCHOOL

Additional Details

AIR None
AREA PHILADELPHIA
CONSTRUCTION Brick, Masonry
HEAT Other
HOA DUES None
LOT 4356 sq ft
LOT DESCRIPTION Front Yard, Rear Yard, SideYard(s)
LOT DIMENSIONS 39.5 x 105.00
SEWER Public Sewer
STYLE Detached, Other
SUBDIVISION UNIVERSITY CITY
TAXES 11398.00
WATER Public
ZONING RTA1

Location

 

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Data last updated: 5/5/21 1:53 PM PDT

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