Philadelphia, PA 19121,3128 W MONTGOMERY AVE
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Philadelphia, PA 19121,3128 W MONTGOMERY AVE
Philadelphia, PA 19121,3128 W MONTGOMERY AVE
Philadelphia, PA 19121,3128 W MONTGOMERY AVE
Philadelphia, PA 19121,3128 W MONTGOMERY AVE

$385,000

Est. payment /mo

$399,900

3.7%
Est.Price: ?

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3128 W MONTGOMERY AVE Philadelphia, PA 19121

1,917 SqFt

SOLD DATE : 06/20/2023

Key Details

Sold Price $385,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,917 sqft

Price per Sqft $200

Subdivision Brewerytown

MLS Listing ID PAPH2224256

Sold Date 06/20/23

Style Straight Thru

Abv Grd Liv Area 1,917

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $4,207

Tax Year 2022

Lot Size 1,540 Sqft

Acres 0.04

Lot Dimensions 15.00 x 100.00

Property Description

Here's an opportunity to add THREE (3) units to your rental property portfolio! Located at 3128 W Montgomery Avenue, this is a rare chance to acquire a fully occupied Triplex w/ a private rear driveway for at least one (1) car! This building was initially a full-gut renovation, and then once more updated in 2018 to modernize the kitchens and bathrooms. The Unit Mix of the building consists of Three (3) 1 Bed/1 Bath Units; the First Unit is the only unit that also has a Powder Room on the first floor, and exclusive entrance/exit access to the rear driveway. The driveway is currently being used by the First Unit tenant, however, no additional fee is being charged for its usage. Future owners of this building can begin to charge at least $200/M for parking. The units have a mixture of carpet, tile and hardwood flooring throughout. Kitchens are equipped with stainless steel appliances, tiled backsplashes, quartz countertops, and white shaker cabinetry. Each unit has been well maintained by the tenants w/ little to no deferred maintenance. Rent Roll on the building is as follows: Unit 1- $1,000/M | Unit 2- $900/M | Unit 3- $850/M (These rents are ALL UNDER-MARKET RATE! There's an opportunity to bump rents across the board by a couple hundred dollars each). Unit 1 and 2 are on Month-to-Month Leases; Unit 3 is on a standard yearly lease, ending on August 31st, 2023. This can be purchased for owner-occupants w/ an adequate Notice to Vacate.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RSA-5

Rooms

Basement Fully Finished

Interior

Hot Water 60+ Gallon Tank

Heating Baseboard - Electric

Cooling Window Unit(s)

Heat Source Electric

Exterior

Garage Spaces 1.0

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 1

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 324082600

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Daniel Tae Kim • KW Philly
Bought with Maxwell Joseph Pryzwara • BHHS Fox & Roach-Mullica Hill South

Kerry O'Hara

Advisor | License ID: 651712

+1(410) 507-0834

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