$385,000
$399,900
3.7%For more information regarding the value of a property, please contact us for a free consultation.
3128 W MONTGOMERY AVE Philadelphia, PA 19121
1,917 SqFt
Key Details
Sold Price $385,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,917 sqft
Price per Sqft $200
Subdivision Brewerytown
MLS Listing ID PAPH2224256
Sold Date 06/20/23
Style Straight Thru
Abv Grd Liv Area 1,917
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $4,207
Tax Year 2022
Lot Size 1,540 Sqft
Acres 0.04
Lot Dimensions 15.00 x 100.00
Property Description
Here's an opportunity to add THREE (3) units to your rental property portfolio! Located at 3128 W Montgomery Avenue, this is a rare chance to acquire a fully occupied Triplex w/ a private rear driveway for at least one (1) car! This building was initially a full-gut renovation, and then once more updated in 2018 to modernize the kitchens and bathrooms. The Unit Mix of the building consists of Three (3) 1 Bed/1 Bath Units; the First Unit is the only unit that also has a Powder Room on the first floor, and exclusive entrance/exit access to the rear driveway. The driveway is currently being used by the First Unit tenant, however, no additional fee is being charged for its usage. Future owners of this building can begin to charge at least $200/M for parking. The units have a mixture of carpet, tile and hardwood flooring throughout. Kitchens are equipped with stainless steel appliances, tiled backsplashes, quartz countertops, and white shaker cabinetry. Each unit has been well maintained by the tenants w/ little to no deferred maintenance. Rent Roll on the building is as follows: Unit 1- $1,000/M | Unit 2- $900/M | Unit 3- $850/M (These rents are ALL UNDER-MARKET RATE! There's an opportunity to bump rents across the board by a couple hundred dollars each). Unit 1 and 2 are on Month-to-Month Leases; Unit 3 is on a standard yearly lease, ending on August 31st, 2023. This can be purchased for owner-occupants w/ an adequate Notice to Vacate.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RSA-5
Rooms
Basement Fully Finished
Interior
Hot Water 60+ Gallon Tank
Heating Baseboard - Electric
Cooling Window Unit(s)
Heat Source Electric
Exterior
Garage Spaces 1.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 1
Garage N
Building
Foundation Brick/Mortar
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 324082600
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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Bought with Maxwell Joseph Pryzwara • BHHS Fox & Roach-Mullica Hill South
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