2359 N Park Avenue

    Philadelphia, PA 19132
    • $465,000
    • STATUS: Active
    • ON SITE: 72 days
    • ID#: 7193345
    $465,000
    • 0
      BEDS
    • 0.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,360
      SQFT
    • $138
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1978
    County:

    School Ratings & Info

    School District:
    Listing courtesy of Bhhs Fox & Roach-Center City Walnut.

    Description

    Fantastic opportunity to own a cash cow near Temple University. This legally zoned triplex is set up as a 6 units building with tremendous cash flow upside. You enter the property through York Street, to the left there is a common area basement with 2 washer and dryers for the building residents. Each floor contains 2 units, one towards the front of the building and one towards the rear of the building. Each level has a nearly identical floor plan. On the first floor, Unit 1F is a large studio unit with good size kitchen and access to the front patio on Park Ave. Unit 1F is rented for $650/month. Unit 1R is a large 2 bedroom, 1 bath unit with a large and bright kitchen, great rooms sizes and good closet and storage space. This unit also has exclusive access to the back yard. Unit 1R is currently rented for $950/month. On the 2nd floor Unit 2F, rented for $600/month, is a large studio with a great bay window and a very large private outdoor patio. Unit 2R is a large 2 bedroom, 1 bath unit that is rented for $1,000/month. On the 3rd floor unit 3F is a large studio with a bay window and a small private outdoor patio is rented $600/month. Unit 3R is a spacious and light-filled 2 bedroom, 1 bath unit rented for $950/month. In all this building generates $4,750/month or $57,000 per year in income! All units are all electric, only gas appliance in the building is the dryer in the basement. Building has 7 separate electric meters and separate electric water heaters. This building is only 2 blocks from Temple University campus and only half a block away from the subway line, bus station and regional rail lines.

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    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Remax Preferred | Scott Kompa Group participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-08-15T23:56:14.46.
    www.scottkompa.com/homes/84236677

    2359 N Park Avenue Philadelphia, PA 19132

    • Price: $465,000
    • Status: Active
    • ID#: 7193345
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.04
    Acres
    3,360
    SQFT
    $138
    $/SQFT
    1978
    Built
    Neighborhood:
    Temple University
    County:
    Philadelphia
    Area:
    19132 (19132)
    School District:
    Philadelphia
    Property Description
    Fantastic opportunity to own a cash cow near Temple University. This legally zoned triplex is set up as a 6 units building with tremendous cash flow upside. You enter the property through York Street, to the left there is a common area basement with 2 washer and dryers for the building residents. Each floor contains 2 units, one towards the front of the building and one towards the rear of the building. Each level has a nearly identical floor plan. On the first floor, Unit 1F is a large studio unit with good size kitchen and access to the front patio on Park Ave. Unit 1F is rented for $650/month. Unit 1R is a large 2 bedroom, 1 bath unit with a large and bright kitchen, great rooms sizes and good closet and storage space. This unit also has exclusive access to the back yard. Unit 1R is currently rented for $950/month. On the 2nd floor Unit 2F, rented for $600/month, is a large studio with a great bay window and a very large private outdoor patio. Unit 2R is a large 2 bedroom, 1 bath unit that is rented for $1,000/month. On the 3rd floor unit 3F is a large studio with a bay window and a small private outdoor patio is rented $600/month. Unit 3R is a spacious and light-filled 2 bedroom, 1 bath unit rented for $950/month. In all this building generates $4,750/month or $57,000 per year in income! All units are all electric, only gas appliance in the building is the dryer in the basement. Building has 7 separate electric meters and separate electric water heaters. This building is only 2 blocks from Temple University campus and only half a block away from the subway line, bus station and regional rail lines.
    Exterior Features

    Design Triplex Exterior StuccoBrick Garage No Garage Spaces No Garage Lot Dimensions 18X107 Parking Street Water Front No

    Interior Features

    Basement Yes Basement Type Full Central Air Yes Cooling Central A/C Handicap None Heating Gas Hot Water Natural Gas Interior Square Feet Source Assessor Laundry Type Common Laundry RFactor Ceilings . RFactor Walls . Unit Five Baths 1 Unit Five Bedrooms 1 Unit Five Partial Baths 0 Unit Four Baths 1 Unit Four Bedrooms 2 Unit Four Partial Baths 0 Unit One Baths 1 Unit One Bedrooms 1 Unit One Partial Baths 0 Unit Six Baths 1 Unit Six Bedrooms 2 Unit Six Partial Baths 0 Unit Three Baths 1 Unit Three Bedrooms 1 Unit Three Partial Baths 0 Unit Two Baths 1 Unit Two Bedrooms 2 Unit Two Partial Baths 0

    Property Features

    Annual Gross Expense 872.0 Annual Gross Income 57000.0 Cross Street York Land Use Code W50 Lot Number 139 New Construction No Sewer Septic Public Sewer Tax Year 2018 Total Assessment 62300.0 Total Taxes 872.0 Type Singlebldg Unit Five Monthly Rent 600.0 Unit Five Occupied Yes Unit Four Monthly Rent 1000.0 Unit Four Occupied Yes Unit One Monthly Rent 650.0 Unit One Occupied Yes Unit Six Monthly Rent 950.0 Unit Six Occupied Yes Unit Three Monthly Rent 600.0 Unit Three Occupied Yes Unit Two Monthly Rent 950.0 Unit Two Occupied Yes Water Public Zoning Code Rm1



    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Remax Preferred | Scott Kompa Group participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-08-15T23:56:14.46.
     
    Remax Preferred | Scott Kompa Group
    408 Swedesboro Rd
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    Listing courtesy of Bhhs Fox & Roach-Center City Walnut.