Lovely three story Queen Anne style turn of the century Victorian twin. This converted single family home is well suited for the investor of for an owner occupant seeking a large owners unit. The first floor offer a front studio unit with kitchen and bathroom. In the rear is a larger one bedroom apartment with rear yard/garden area, oak/pine flooring full kitchen and bath. The second floor offers a very large one bedroom unit with separate living, bedroom and kitchen areas along with full bath. The third floor unit is also a very large three room one bedroom unit with separate living room, bedroom, kitchen and bath, with oak/pine flooring There is also the added attraction of a 4th floor/attic storage area that is fully finished with lighting and supplemental heat. Either the 2nd floor or the third floor units would make for a very nice and large owners unit. Other features include recent gas heater installation, laundry in the basement, separation for electric in each unit, large basement storage area. Rear, side and front yards. The property is located on a lovely residential block of Victorian homes in a very pretty and active part of growing University City.
University City" Masonry Brick Corner Quadraplex ; featuring 2+1+1+1 bedroom apartments with 2,736 interior square feet. Separate utilities (4) gas heater with hot water radiator delivery, (4) gas hot water and (4) electrical services with circuit breakers. This end of row has an attached one car garage and storage area which could be used or changed into a smaller garage area. There is another Quadraplex in walking distance at 1235 South 47th Street , an end of row with attached garage / storage area which could be used or changed into a smaller garage area. This property is under the same Estate. Seller has No Leases
Age: Over 50 Years Old
Appliances: Range / Oven
Cooling: No A/C
Exterior Description: Brick, Aluminum Siding
Garage Description: Attached Garage
Heating - Fuel Type: Gas
Heating Type: Radiator, Forced Air
Lot Size: Under 1/2 Acre
Style: Other Style
Water: City Water
4900 Kingsessing Ave, Philadelphia, PA 19143
5 Beds | 5 Full Baths
4900 Kingsessing Ave, Philadelphia, PA 19143
5 Beds | 5 Full Baths
*FIRST TIME HOME PURCHASER ALERT* Come take a look at this HUGE & freshly renovated duplex in CLOSE proximity to University City! Each unit has 2 bedrooms & features recessed lighting, ceiling fans, carpeting in bedrooms, ceramic kitchen and bathroom. This building underwent a total renovation within the last five years. All the utilities are separated and is one of the few on the block that is LEGALLY ZONED. Second floor tenants enjoy a large semi enclosed front porch, while first floor tenants have access to the rear yard. Newer Water heaters and forced air gas heating systems have already been installed as well as a brand new rear fire-escape. Stop by today, run your numbers, & make an offer! Motivated Sale.
This commercially-zoned triplex, equipped with a wheel chair lift, last hosted a Day Care on the basement and first floors (1,200/mth) and apartments on the second (700) and third (500) floors. Although the entire property shares a water bill, each unit has separate meters for electric and gas. This revenue producing property has the capacity to earn 2,400/month. Including taxes, insurance, and average water as operating expenses (5,200), this investment property has a NOI of 23,600 and a Cap Rate of 13.1. This investment property is priced to sell quickly. The property needs TLC. There was a plumbing problem that was fixed and there is a current electrical issue needing investigation. Property is being sold as is.
4 Unit apartment building. Live in one unit and collect rent from 3 units. Close proximity to University of Pennsylvania campus/Hospital, Route 76, main public transportation route and woodland shopping center center. Property is occupied but needs TLC throughout to demand stronger rents.
So there's bad news and GOOD news....the First and Second floor units need some attention, but the GOOD news is - they are both already vacant and cleaned out so you can fix them up. The BEST news is, the Third floor tenant pays Good rent, on time, for YEARS, and would love to stay for the new landlords if possible! This Very Large Triplex is ripe and ready for a new Owner to take over and start Earning Income. And just when you thought you knew everything....it gets EVEN BETTER: The Zoning is legally Commercial Mixed-Use - CMX2 - and THAT makes even more possibilities available to a new owner! UTILITIES: There are already Three Gas Meters, FOUR Electric Meters, and separate entrances for each unit. When you Call to make your appointment to see it in person, you'll notice what improvements are possible - anything you want, you can do. Perfect candidate property for Renovation Financing - ask about FHA 203k or Freddie Homestyle loans, where you might borrow money in the deal to help pay for repairs and upgrades!
**Tired Landlord Special !!!!! Great Discounted Property. Duplex 2 units: 2 Bedroom and 1 Bathroom per unit. Good Condition Duplex that is currently occupied with great rental cash flow. Up and coming area, in University City!! "Sold AS IS" After Repair Value $177k Current Rental income $1475/mo Estimated Repair Cost $6700 on updates if new owner chooses. Tenants have been living in property for years with no complaints. Make an offer Today!!!!!
Spacious Cobbs Creek duplex recently renovated and ready to be yours. Each unit features two bedrooms and one bathroom with living and dining area. Both units are occupied by month to month stable tenants who would like to stay but are willing to vacate. 1st floor tenant pays $800 and 2nd floor tenant pays $600. Owner only pays for water. Large basement has loads of storage space and could be converted to specific use. Other highlights include new carpeting on 1st and 2nd floors, updated kitchen in both units, large back yard and huge covered and gated front porches. Near schools, public transportation and universities. Nothing on the market can compare to this place! Don't miss this unique opportunity to buy this sought after neighborhood. Agent: Due to recent tax rate changes passed by the city, the agent is encouraged to verify the tax amount.
Nice and clean income producing triplex located near 60th Street and Hazel Avenue. This corner property features all separate utilities and recent upgrades throughout. The landlord only supplies cold water. Each apartment has its own entrance from street level. Basement access is thru Bilco doors located on the sidewalk.