Philadelphia, PA 19143,435 S 51ST ST
Philadelphia, PA 19143,435 S 51ST ST
Philadelphia, PA 19143,435 S 51ST ST
Philadelphia, PA 19143,435 S 51ST ST
Philadelphia, PA 19143,435 S 51ST ST
Philadelphia, PA 19143,435 S 51ST ST
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$450,000

$497,000

9.5%
Est.Price: ?

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Est. payment /mo

3,180 SqFt


SOLD DATE : 04/04/2022

Key Details

Sold Price $450,000

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,180 sqft

Price per Sqft $141

Subdivision University City

MLS Listing ID PAPH2057546

Sold Date 04/04/22

Style Straight Thru

Abv Grd Liv Area 2,930

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $4,132

Tax Year 2021

Lot Size 2,000 Sqft

Acres 0.05

Lot Dimensions 20.00 x 100.00

Property Description

Parkview! Amazing 4 unit twin facing the park is the perfect addition to your rental portfolio! The ROI is great as-is, but there is even more upside potential with smart building improvements and as the neighborhood continues to grow. 1st fl front unit is a 1 bedroom bi-level, recently updated, with lower level areas. 1R is also a 1 bedroom unit, recently updated, with direct access to the yard space. Unit 2 is a full floor, railroad style, 2 bedroom unit with great light and park views out of the front windows. Top floor unit is a large 2 bedroom space with a great long term tenant. All utilities are fully separated and separately metered. The building operates at a fantastic cap rate of over 7, even when factoring in all operating expenses. Great location close to Baltimore ave, public transportation options, area Universities. It just makes sense. Buy today, collect rents tomorrow, congratulate yourself on a wise investment every day after.

Location

State PA

County Philadelphia

Area 19143 (19143)

Zoning RSA3

Rooms

Basement Partially Finished

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 602164800

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Joshua M Solow • Compass RE
Bought with Jesse A Barnes • RE/MAX Affiliates
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