811 (BLDG 1) S 11TH ST Active

Philadelphia,PA 19147

$ 850000

- Bed

- Bath

2808 SqFt


Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,808 sqft

Price per Sqft $302

MLS Listing ID PAPH2345368

Style Other

Abv Grd Liv Area 2,808

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $9,380

Tax Year 2024

Lot Size 1,360 Sqft

Acres 0.03

Lot Dimensions 16.00 x 85.00

Property Description

Opportunity to purchase a small real estate rental portfolio. Offering 6 units in the form of 2 triplexes, both on the 800 block of South 11th Street in Bella Vista. Total asking price is $1,595,000. Buildings have been owned for 15+ years with a 99% occupancy rate. All units are currently occupied. Both buildings must be purchased together. Within the six units are: Five 2-bedroom apartments and One 1-bedroom apartment. Building 1 is 811 South 11th street. It consists of three 2-bedrooms apartments. Each unit has 1 full bathroom, outdoor space, and central air. Two of the units have in-unit washer-dryers and the third uses a coin operated unit in the basement. There are also storage cages for each unit in the basement. All units are separately metered. All units are currently occupied at the following rents: $2,000 / $1800 / $1,750 for a total rent roll of $5,550. Building 2 is 819 South 11th Street. It consists of two 2-bedroom units and one 1-bedroom unit. Each unit has one full bathroom and in-unit washer-dryers. The ground floor unit has a small yard. All units are separately metered. All units are currently occupied at the following rents: $1,650 / $1,400 / $1,450 for a total rent roll of $4,500. Buyer proof of funds required before a showing can be scheduled.

Location

State PA

County Philadelphia

Area 19147 (19147)

Zoning RM1

Rooms

Basement Full

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 022315300

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

View More
Favorite Go Tour