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725 SOUTH ST Philadelphia, PA 19147
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Key Details
Sold Price $730,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,048 sqft
Price per Sqft $239
Subdivision South Street
MLS Listing ID PAPH951408
Sold Date 01/20/21
Style Other
HOA Y/N N
Abv Grd Liv Area 3,048
Originating Board BRIGHT
Year Built 1975
Annual Tax Amount $10,360
Tax Year 2020
Lot Size 1,584 Sqft
Acres 0.04
Lot Dimensions 24.00 x 66.00
Property Description
An amazing, fully rented, income producing duplex in Center City with a two car GARAGE. Located right between Bella Vista and Washington Square West neighborhoods, you are literally in walking distance to everything. This building consists of two very rentable, bright and clean, 2 bedroom, 1.5 bathroom units with balconies and in-unit washer/dryers. Both units are in great condition. Each tenant is currently paying $2,000 per month in rent. $48,000 gross rental income per year with low carrying costs. Two new electrical panels, new HVAC, new hardwood floors in one of the units, and new windows. Walking distance to everything Center City has to offer and steps away from Whole Foods, Acme, tons of restaurants, easy access to major thoroughfares and public transportation. Make this turn-key investment yours today! Located in the Headhouse Business Improvement District where there will be a small annual fee.
Location
State PA
County Philadelphia
Area 19147 (19147)
Zoning RM1
Interior
Hot Water Electric
Heating Heat Pump - Electric BackUp
Cooling Central A/C
Flooring Carpet, Hardwood
Fireplace N
Heat Source Electric
Exterior
Exterior Feature Deck(s)
Parking Features Covered Parking
Garage Spaces 6.0
Water Access N
Accessibility None
Porch Deck(s)
Attached Garage 6
Total Parking Spaces 6
Garage Y
Building
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 053088730
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Negotiable
Listing Terms Negotiable
Financing Negotiable
Special Listing Condition Standard
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Bought with Wei Ling Chen • Keller Williams Realty - Cherry Hill