4102 W Girard Avenue

    PHILADELPHIA, PA 19104
    • $349,900
    • STATUS: Active
    • ON SITE: 36 days
    • ID#: PAPH877484
    UPDATED: 59 min ago
    $349,900
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1915
    County:

    School Ratings & Info

    Description

    Great opportunity to own a fully occupied well managed six unit apartment building located in the rapidly developing area of Parkside two blocks from the Microsoft school of the future , 6 blocks from the Philadelphia zoo, 4 blocks from the new centennial village regional rail line that places your tenants minutes to center city Philadelphia, trolly/bus line right out front, 6 blocks from the entrance ramp to 76, minutes to Drexel and the university of Pennsylvania this investment property boasts both an excellent current cash flow and future appreciation in value. This building contains five one bedroom units and one studio apartment with excellent paying tenants. Several kitchens and baths have been upgraded as well as new flooring installed. All utilities have been separated the owner only paying for water and common area electric. With a 10% cap rate this building is an excellent investment opportunity for even the savviest Real Estate investor.Building is to be sold in ~as is~ condition buyers may elect to have a home inspection seller will not agree to any repairs or price reduction for repairs.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Sunita Bali Team at Re/Max Town Center. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-04-10T13:50:53.123.
    www.balihomes-md.com/homes/103817560

    4102 W Girard Avenue PHILADELPHIA, PA 19104

    • Price: $349,900
    • Status: Active
    • Updated: 59 min ago
    • ID#: PAPH877484
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    1915
    Built
    Neighborhood:
    Parkside
    County:
    Philadelphia
    Area:
    19104 (19104)
    School District:
    The School District Of Philadelphia
    Property Description
    Great opportunity to own a fully occupied well managed six unit apartment building located in the rapidly developing area of Parkside two blocks from the Microsoft school of the future , 6 blocks from the Philadelphia zoo, 4 blocks from the new centennial village regional rail line that places your tenants minutes to center city Philadelphia, trolly/bus line right out front, 6 blocks from the entrance ramp to 76, minutes to Drexel and the university of Pennsylvania this investment property boasts both an excellent current cash flow and future appreciation in value. This building contains five one bedroom units and one studio apartment with excellent paying tenants. Several kitchens and baths have been upgraded as well as new flooring installed. All utilities have been separated the owner only paying for water and common area electric. With a 10% cap rate this building is an excellent investment opportunity for even the savviest Real Estate investor.Building is to be sold in ~as is~ condition buyers may elect to have a home inspection seller will not agree to any repairs or price reduction for repairs.
    Exterior Features

    Construction Materials Masonry Direction Faces North Garage YN No Location Type Urban Parking Types None Property Condition Average+As-Is Condition Riparian Rights YN No Roof AsphaltFlat Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 3420.00 Cooling None Exclusions Tenants' Belongings Flooring LaminatedVinyl Heating Baseboard - Electric Heating YN Yes Net Square Feet 3420.00

    Property Features

    Acceptable Financing CashConventional Accessibility Features None Annual Gross Expense 13957.00 Assessment Year 2020 Association YN No Business Type Apartment Building Central Air YN No Cooling Fuel None Cross Street 41st Street Electric 200+ Amp Service Electric Expense 450.00 Foundation Details Stone Gross Income 49200.00 Heating Fuel Electric Hot Water Natural Gas Incorporated City Name Philadelphia Insurance Expense 2975.00 Lease Considered YN No Maintenance Expense 3400.00 Navigable Water YN N Net Operating Income 35225.00 New Construction YN No Number Of Units Total 6 Operating Expense 13957.00 Operating Expense Includes ElectricInsuranceManagement FeesRepair/MaintenanceSewerSnow RemovalWaterTrash Original MLSNumber 304046234228 Other Expense 4590.00 Owner Pays Common Area MaintenanceElectricityManagementRepairsSewerSewer MaintenanceSnow RemovalTaxes - Real EstateWaterTrash Collection Ownership Interest Fee Simple Possession ImmediateSubject To Existing Lease Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 2548.00 Tax Assessment Amount 182000.00 Tax Lot 17 Total Actual Rent 49200.00 Trash Expense 300.00 Utilities Cable Tv Vacation Rental YN No Water Source Public Zoning Rm1 Zoning Description Six Residential Rental Units

    Listing courtesy of Best City Homes Inc.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Sunita Bali Team at Re/Max Town Center. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-04-10T13:50:53.123.
     
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    Potomac MD, 20854