Philadelphia, PA 19121,1613 FRENCH ST
Philadelphia, PA 19121,1613 FRENCH ST
Philadelphia, PA 19121,1613 FRENCH ST
29
$180,000
$182,000
1.1%
Est.Price: ?

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4 BD
2 BA
1,160 SqFt

1613 FRENCH ST Philadelphia, PA 19121

Est. payment /mo
SOLD DATE : 12/01/2021

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Key Details

Sold Price $180,000

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,160 sqft

Price per Sqft $155

Subdivision Temple University

MLS Listing ID PAPH2000840

Sold Date 12/01/21

Style Other

Bedrooms 4

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 1,160

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $2,534

Tax Year 2021

Lot Size 827 Sqft

Acres 0.02

Lot Dimensions 14.50 x 57.00

Property Description

Investment opportunity at Temple University with a projected cap rate of 8.2%. The owner has been granted a zoning variance and was issued a use permit for single room occupancy. This allows up to 4 unrelated individuals to occupy this 4 bedroom rental and is rare to come by at Temple. This large turnkey single family rental has a lease in place through 7/31/2022 with a $1600 rental rate. There is significant room to increase rents over the next several years as the area continues to develop and the student rental market returns to normal. The property is located just a few blocks from Temple's main campus and is surrounded by new development. The property has 200 amp electric, updated radiators with digital thermostat, is sold with 4 new windows units and security cameras. Matterport virtual tour is available in Virtual Tours. Tenant pays all utilities.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RSA-5

Rooms

Basement Unfinished

Main Level Bedrooms 4

Interior

Hot Water Natural Gas

Heating Central

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 2

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Senior Community No

Tax ID 321058900

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jonathan Beaulieu • JBMP Group
Bought with Jonathan Beaulieu • JBMP Group

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agent

Skip Tolley

Agent | License ID: 528296

+1(410) 935-7500

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