3601 Melon Street

    Philadelphia, PA 19104
    • $230,000
    • STATUS: Active
    • ON SITE: 27 days
    • ID#: 7218766
    UPDATED: 68 min ago
    $230,000
    • 0
      BEDS
    • 0.03
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,016
      SQFT
    • $226
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    School District:
    Listing courtesy of Star Real Estate Group.

    Description

    Package deal for 3601 and 3603 Melon Street or the seller is willing to sell each home individually. These properties are located in the heart of the Mantua Section of West Philadelphia. Located within walking distance to multiple universities, parks, public transportation and easy access to major highways. This turn key income producing property is a no-brainer if you are looking to start or add to your investment portfolio. Both properties were fully renovated several years ago and are under a 10 year tax abatement. Strong rental history and low to no monthly operating expenses. 3601 and 3603 Melon are almost mirror images of each other. Each building has two(2) units. The first floor is a two bedroom, one bathroom with rear yard and basement access. The upper unit is also a two bedroom, one bathroom with a deck off the rear bedroom. Total rental income for both buildings is just under $40,000. The building is tenant occupied and does require at least 48 hours notice.

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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 2018-08-14T14:57:43.567.
    www.scottkompa.com/homes/85704141

    3601 Melon Street Philadelphia, PA 19104

    • Price: $230,000
    • Status: Active
    • Updated: 68 min ago
    • ID#: 7218766
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.03
    Acres
    1,016
    SQFT
    $226
    $/SQFT
    1925
    Built
    Neighborhood:
    Mantua
    County:
    Philadelphia
    Area:
    19104 (19104)
    School District:
    Philadelphia
    Property Description
    Package deal for 3601 and 3603 Melon Street or the seller is willing to sell each home individually. These properties are located in the heart of the Mantua Section of West Philadelphia. Located within walking distance to multiple universities, parks, public transportation and easy access to major highways. This turn key income producing property is a no-brainer if you are looking to start or add to your investment portfolio. Both properties were fully renovated several years ago and are under a 10 year tax abatement. Strong rental history and low to no monthly operating expenses. 3601 and 3603 Melon are almost mirror images of each other. Each building has two(2) units. The first floor is a two bedroom, one bathroom with rear yard and basement access. The upper unit is also a two bedroom, one bathroom with a deck off the rear bedroom. Total rental income for both buildings is just under $40,000. The building is tenant occupied and does require at least 48 hours notice.
    Exterior Features

    Design DuplexQuadplex Exterior StuccoBrick Garage No Garage Spaces No Garage Lot Dimensions 16X76 Parking Street Water Front No

    Interior Features

    Basement Yes Basement Type FullUnfinished Central Air Yes Cooling Central A/C Handicap None Heating Electric Hot Water Electric Interior Square Feet Source Assessor Laundry Type Hookup LaundryNo Laundry Two Bedroom Units 2 Unit One Baths 1 Unit One Bedrooms 2 Unit One Partial Baths 0 Unit Two Baths 1 Unit Two Bedrooms 2 Unit Two Partial Baths 0

    Property Features

    Annual Gross Expense 1042.0 Annual Gross Income 20220.0 Annual Heating Expense 0.0 Cross Street 36TH STREET Land Use Code H30 Lot Number 217 New Construction No Property Condition Average+Prop Sewer Septic Public Sewer Tax Year 2018 Total Assessment 74427.0 Total Taxes 1042.0 Type Semi-Detached Unit One Lease End 5/31/2019 Unit One Monthly Rent 900.0 Unit One Occupied Yes Unit Two Lease End 10/31/18 Unit Two Monthly Rent 785.0 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 2018-08-14T14:57:43.567.
     
    Remax Preferred | Scott Kompa Group
    408 Swedesboro Rd
    Mullica Hill NJ, 08062
    Listing courtesy of Star Real Estate Group.