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    1701-3 N 20TH Street

    PHILADELPHIA, PA 19121
    • $1,650,000
    • STATUS: Active
    • ON SITE: 101 days
    • ID#: PAPH982966
    UPDATED: 8 min ago
    $1,650,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1915
    County:

    School Ratings & Info

    Description

    This property is being sold together with 1703 N. 20th Street. as one. This 13 unit income producing property consists of 5 studios, 1(1BR/1BR), 3(2BR/1BR), 2(3BR/1BR), 2(4BR/2BR). One of the 3BR/1BR and both 4BR/2BR are currently being rented out by rooms. The rentals were set for renewal increases in 2019 but then the Pandemic hit, the rents can be increased with the new owner! This property is located in close proximity of Temple Univ Campus and has maintained a high level of occupancy. The building has coin-operated washer&dryer units. This property will be a very good asset to your portfolio as you will have a steady incoming cash flow from the start. All serious offers will be considered.

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    ©2021 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 LoCoMusings | Century 21 Redwood Realty. 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: 2021-05-10T16:53:27.37.
    www.locomusings.com/homes/113709957
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    1701-3 N 20TH Street PHILADELPHIA, PA 19121

    • Price: $1,650,000
    • Status: Active
    • Updated: 8 min ago
    • ID#: PAPH982966
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1915
    Built
    Neighborhood:
    19121 (19121)
    County:
    Philadelphia
    Area:
    19121 (19121)
    School District:
    The School District Of Philadelphia
    Property Description
    This property is being sold together with 1703 N. 20th Street. as one. This 13 unit income producing property consists of 5 studios, 1(1BR/1BR), 3(2BR/1BR), 2(3BR/1BR), 2(4BR/2BR). One of the 3BR/1BR and both 4BR/2BR are currently being rented out by rooms. The rentals were set for renewal increases in 2019 but then the Pandemic hit, the rents can be increased with the new owner! This property is located in close proximity of Temple Univ Campus and has maintained a high level of occupancy. The building has coin-operated washer&dryer units. This property will be a very good asset to your portfolio as you will have a steady incoming cash flow from the start. All serious offers will be considered.
    Exterior Features

    Construction Materials MasonryCpvc/Pvc Garage YN No Parking Features Public Parking Types On Street Property Condition Very GoodExcellent Riparian Rights YN No Roof FlatRubber Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 8852.00 Cooling Central A/C Exclusions Tenants Personal Property Flooring Ceramic TileLaminated Heating Central Heating YN Yes Net Square Feet 8800.00 Security Features Carbon Monoxide Detector(S)MonitoredFire Detection SystemSmoke Detector

    Property Features

    Accessibility Features 32"+ Wide Doors2+ Access Exits Assessment Year 2021 Association YN No Business Type Apartment Building Central Air YN Yes Cooling Fuel Electric Electric 3 Phases Electric Expense 7200.00 Heating Fuel Electric Hot Water Electric Incorporated City Name Philadelphia Insurance Expense 5000.00 Lease Considered YN No Navigable Water YN N Net Operating Income 146660.00 New Construction YN No Number Of Units Total 12 Operating Expense Includes WaterElectric Original MLSNumber 304460322428 Owner Pays InsuranceTaxes - Real EstateTrash Collection Ownership Interest Fee Simple Possession 0-30 Days Cd31-60 Days Cd Property Sub Type Five Or More Units Sale Type Standard Sewer No Septic System Tax Annual Amount 11273.00 Tax Assessment Amount 805300.00 Tax Lot 341 Trash Expense 500.00 Vacation Rental YN No Water Source Public Year Built Effective 2020 Zoning Rsa5 Zoning Description Zoned For 12 Units With An Active Rental License

    Listing courtesy of Heritage Homes Realty.


    ©2021 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 LoCoMusings | Century 21 Redwood Realty. 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: 2021-05-10T16:53:27.37.
     
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    LoCoMusings | Century 21 Redwood Realty
    540 Fort Evans Road Suite 303
    Leesburg VA, 20176