$280,000
$299,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
131 N 50TH ST Philadelphia, PA 19139
3,177 SqFt
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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Bought with Laura Thomas • Keller Williams Main Line
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