Price Reduction
Address
1435 N 19Th Street, Philadelphia, PA
Price
$ 495,000
Property Attributes
- MLS#PAPH2343520
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19121
- NeighborhoodTemple University
- Zip19121
- StyleStraight Thru
- Year Built1915
- Taxes$ 6797
- Price$ 495,000
- Bedrooms11
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.03 Acres
Data Source:
Bright MLS
Property Description
Outstanding multi-family investment opportunity with an unbelievable 9%+ projected cap rate and projected $50,200+ net operating income! Fully renovated in 2013, superbly maintained, steps to the Temple University campus. Phenomenally designed layout with 4 full levels of living space and nearly 4000 finished square feet featuring 11 ensuite bedrooms with 12 private bathrooms. Massive potential for upside rental income! Can be delivered vacant or with a management contract in place and can also be purchased as a package with 1315 N. 19th Street. Extraordinary addition to your rental portfolio! Walk through the property today using the 3D Matterport virtual tour link!
| Price History | |
|---|---|
| 4/17/2024 | Listed $550,000 |
| 5/6/2024 | 10% - $500,000 |
| 5/21/2024 | 1% - $495,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Heat Pump - Electric BackUp |
| Cooling | Window Unit(s) |
| Possession | Settlement |
| Zoning | RSA3 |
| Architectural Style | Straight Thru |
| Construction Materials | Masonry,Brick Front |
| Year Built | 1915 |
| Property SubType | Duplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Gross Income | 47400.00 |
| Accessibility | None |
| County | PHILADELPHIA |
| Insurance Expense | 2500.00 |
| New Construction | No |
| Property Type | Multi-Family |
| MaintenanceExpense | 3000.00 |
| Subdivision Name | TEMPLE UNIVERSITY |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | Between Masters and Jefferson Street |
| ModificationTimestamp | 2024-05-21T15:34:37 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 2.5 |
| Total Units | 2 |
| MLS Area | 19121 (19121) |
| Lot Size Square Feet | 1344.00 |
| Tax Assessed Value | 485600.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 11 |
| Street Name | 19TH |
| Tax Annual Amount | 6797.0 |
| Structure Type | Interior Row/Townhouse |
| One Bedroom Units Count | 11 |
| Other Units | Unit 1,Unit 2 |
| Price Per Sq Ft Total | 171.88 |
| Acceptable Financing | Cash,Conventional |
| Vacation Rental Y/N | No |
| Virtual Tour | https://my.matterport.com/show/?m=LZed1ocR8cj&brand=0&mls=1& |
| Total SQFT | 3840 |
| Days on Market | 35 |
| Lease Type | Month to Month |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 229 |
| Total Actual Rent | 47400.00 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Basement | Fully Finished |
| Hot Water | Electric |
| Total Stories | 3 |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | No |
| LivingAreaSource | Estimated |
Exterior Features
| Pool | No Pool |
|---|---|
| Water Source | Public |
| Type of Parking | On Street |
| Land Use Code | U50 |
| Foundation Details | Slab |
| Water View Y/N | No |
| Lot Dimensions | 17.00 x 80.00 |
| Lot Size Acres | 0.03 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 97120.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 19121
Price
Taxes
Visits
Year Built
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