$138,500
$159,000
12.9%For more information regarding the value of a property, please contact us for a free consultation.
848 E CHELTEN AVE Philadelphia, PA 19138
2,264 SqFt
Key Details
Sold Price $138,500
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,264 sqft
Price per Sqft $61
Subdivision Germantown (East)
MLS Listing ID PAPH830406
Sold Date 11/01/19
Style Traditional
HOA Y/N N
Abv Grd Liv Area 2,264
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $1,545
Tax Year 2020
Lot Size 1,872 Sqft
Acres 0.04
Lot Dimensions 16.00 x 117.00
Property Description
Excellent investment! 11.3% Cap Rate! This turn-key, end-of-row triplex is located in the heart of East Germantown and is fully occupied until 2020! If you are looking for a quick investment, this is it! Owners have performed considerable updates since the property was purchased, including roof replacement in 2015. All three units feature 1 bedroom, 1 bathroom, kitchen and dining/living rooms. Unit 1 is renting at $725/month, unit 2 at $770 and unit 3 at $675/month (+ $30 for water). There is a basement (tenants do not currently have access to). No laundry on site. Property is currently professionally managed by local company. Give us a call today to schedule your private tour!
Location
State PA
County Philadelphia
Area 19138 (19138)
Zoning RM1
Rooms
Basement Other
Interior
Interior Features Combination Dining/Living, Floor Plan - Open, Tub Shower
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Equipment Refrigerator, Oven/Range - Electric
Fireplace N
Appliance Refrigerator, Oven/Range - Electric
Heat Source Electric
Exterior
Exterior Feature Porch(es)
Waterfront N
Water Access N
Accessibility None
Porch Porch(es)
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 122118100
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Raymond V. Tran • Philadelphia Homes