Philadelphia, PA 19139,131 N 50TH ST

$280,000

Est. payment /mo

$299,000

6.4%
Est.Price: ?

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131 N 50TH ST Philadelphia, PA 19139

3,177 SqFt

SOLD DATE : 11/25/2015

Key Details

Sold Price $280,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 3,177 sqft

Price per Sqft $88

Subdivision West Poplar

MLS Listing ID 1002702362

Sold Date 11/25/15

Style Other

HOA Y/N N

Abv Grd Liv Area 3,177

Originating Board TREND

Year Built 1925

Annual Tax Amount $1,976

Tax Year 2015

Lot Size 2,933 Sqft

Acres 0.07

Lot Dimensions 23X128

Property Description

Property was purchased as a total shell and rebuilt between 2009-2010. Exterior original brick details were restored. Built new roof, plumbing, electric, fire alarms, windows, flooring, heating and water boilers, tiled kitchens and bathrooms, hardwood floors throughout all the units. Currently the property is mostly in good condition, needs some paint in the common hallway areas and minimal basic TLC t/o; being sold in AS IS condition. Property is a legal zoned 5 unit building setup with SROs within the apartments. 1st floor has 3 bedroom SRO apartment inside has a shared kitchen 1 full shared bath for 2 bedrooms and 3rd bedroom has private bath and private use of the backyard total rent is $1780. 2nd floor front is an efficiency rented for $700/m. 2nd floor rear is 2 bedroom SRO apartment sharing a kitchen and bath total rent $1080. 3rd floor is just like the 2nd floor with 3rd floor front being an efficiency rented for $725/m. 3rd floor rear 2 bedroom SRO rented for $1140. Also has a separate garage in the rear of the property also rebuilt with a new roof which is rented since 2009 for $300/m. Existing property manager can continue to manage the property for the new owner for a reasonable fee. Property can be purchased in a package of 7 other strong income generating properties (MLS#:6645508,6645446,6645494,6645516,6645464,6645523 ). Seller may consider owner's financing with a package deal and substantial down payment.

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning RTA1

Rooms

Other Rooms Primary Bedroom

Basement Full

Interior

Hot Water Natural Gas

Heating Gas

Cooling None

Fireplace N

Heat Source Natural Gas

Laundry None

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 881143305

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Boris Perelshteyn • New Century Real Estate Management
Bought with Laura Thomas • Keller Williams Main Line

Kerry O'Hara

Advisor | License ID: 651712

+1(410) 507-0834

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