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6327-29 NEWTOWN AVE Philadelphia, PA 19111
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Key Details
Sold Price $261,250
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,632 sqft
Price per Sqft $99
Subdivision Philadelphia (Northeast)
MLS Listing ID 1002427644
Sold Date 08/01/16
Style Other
HOA Y/N N
Abv Grd Liv Area 2,632
Originating Board TREND
Year Built 1950
Annual Tax Amount $2,948
Tax Year 2016
Lot Size 4,500 Sqft
Acres 0.1
Lot Dimensions 50X90
Property Description
Fantastic four unit building in a prime northeast Philadelphia location with a beautiful manicured rear yard! This handsome brick, 2 story structure features four charming one bedroom, one bathroom apartments, all boasting gleaming hardwood floors, ceramic tile bathrooms, semi-modern kitchens, closet space galore, mostly new windows, ceiling fans and more! This fully rented cash cow grosses almost $32,000.00 per year and has minimal owner expenses. It has all separate utilities except water, and all of the heaters, electrical services, hot water heaters have been updated recently. The basement is very clean and offers common laundry and plenty of storage space. This is an incredible investment opportunity with an above average rate of return, that takes care of itself. This building could also work as an owner occupied property, and with FHA financing it could be a very lucrative purchase!
Location
State PA
County Philadelphia
Area 19111 (19111)
Zoning RSA3
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Hot Water Natural Gas
Heating Gas
Cooling Wall Unit
Fireplace N
Heat Source Natural Gas
Laundry Common, Has Laundry
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 353186720
Ownership Fee Simple
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Bought with Michael J Mauro • Better Homes Regional Realty