Philadelphia, PA 19133,1228 W ALLEGHENY AVE
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Philadelphia, PA 19133,1228 W ALLEGHENY AVE
Philadelphia, PA 19133,1228 W ALLEGHENY AVE
Philadelphia, PA 19133,1228 W ALLEGHENY AVE
Philadelphia, PA 19133,1228 W ALLEGHENY AVE

$2,200,000

Est. payment /mo

$2,560,000

14.1%
Est.Price: ?

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1228 W ALLEGHENY AVE Philadelphia, PA 19133

1,440 Sqft Lot

SOLD DATE : 02/12/2018

Key Details

Sold Price $2,200,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Temple University

MLS Listing ID 1000298741

Sold Date 02/12/18

HOA Y/N N

Originating Board TREND

Year Built 1930

Annual Tax Amount $1,237

Tax Year 2017

Lot Size 1,440 Sqft

Acres 0.03

Lot Dimensions 16X90

Property Description

Rare Templ University Dental Grad School & Hospital vicinity investment opportunity to own 10 turnkey investment properties entailing 41 units on the same block with positive cash flow, No L&I violations, separate utilities and high tenant demand stays fully occupied! These apartment buildings are situated in the heart of TU Hospital expansion complex. Recent upgrades include new rubber roof, mechanical systems etc. Huge ROI upside with present rent schedule 45 to 60 per cent below market if rented to TU faculty or student body. These properties are available as a bundle acquisition with 1230, 1234, 1242, 1302, 1307, 1309, 1311, 1313,& 1315 Allegheny Ave for the assertive Monopoly Game player/investors. Note: All prospective investors are to provide pre-qualification proof of funds prior to showings. Detailed income and expenses and rent roll available upon request.

Location

State PA

County Philadelphia

Area 19133 (19133)

Zoning RM1

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water Natural Gas

Flooring Tile/Brick, Wood, Carpet

Fireplace N

Heat Source Natural Gas

Exterior

Utilities Available Water Available, Sewer Available

Water Access N

Roof Type Flat

Road Frontage State

Garage N

Building

Building Description Other, Fencing,Fire Alarm,Refrigerator(s)

Sewer Public Sewer

Water Public

Structure Type Other

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 431025400

Ownership Fee Simple

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

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Bright MLS (BMLS)
Listed by Darryl K Miller • BHHS Fox & Roach-Jenkintown
Bought with Mikhal Mary • KW Philly
agent

Kerry O'Hara

Advisor | License ID: 651712

+1(410) 507-0834

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