$450,000 Price Analysis 1904 Orthodox StPhiladelphia, PA 19124 6 bed None bath 2,208 SqFt ($203/SqFt) 1,900SqFt lot. Built 1935 Listed 2024-07-05, Taxes $2,656 | ✓ USDA Eligible near Philadelphia, PA Restrictions may apply due to home size |
This multi-family property is comprised of four units two 1 bedroom, 1 bathroom apartments and two 2 bedroom, 1 bathroom homes. The first floor, rear unit enjoys a separate entrance and access to the huge rear yard space. On the interior, the units feature luxury gray vinyl flooring, newly completely renovated baths and modern kitchens. All of the units are complete and rented while one is a month to month friend of the Seller so it could be occupied by an owner occupant.
The frst floor rear unit is bi-level with a separate entrance and a rear yard. The building will be delivered fully occupied with a gross rent roll of $4, 400 per month, which equates to $52, 800 annually. Aside from its exceptional cash flow and desirable oversized lot, the property has a wonderful location in Philadelphias Frankford neighborhood. Playgrounds, shops and public transportation options are steps away. Moreover, easy access to I-95 makes commuting to the surrounding area a breeze. Come and see all that this investment has to offer and expand your real estate portfolio!
Presented by Nigel Richards at
COMPASS.
Property MLS #PAPH2125424 from BrightMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2023 | $151,900 + $37,900 $189,800 | $2,656 |
2022 | $93,868 + $20,732 $114,600 | $1,604 |
2021 | $93,868 + $20,732 $114,600 | $1,604 |
2020 | $93,868 + $20,732 $114,600 | $1,604 |
2019 | $90,100 + $19,900 $110,000 | $1,539 |
2018 | $81,900 + $18,100 $100,000 | $1,399 |
2017 | $187,960 + $41,540 $229,500 | $3,212 |
2016 | $209,780 + $19,720 $229,500 | $3,212 |
2015 | $209,780 + $19,720 $229,500 | $3,075 |
2014 | $209,780 + $19,720 $229,500 | $3,075 |
2013 | $8,291 + $1,309 $9,600 | $938 |
2012 | $8,291 + $1,309 $9,600 | $905 |
2011 | $8,291 + $1,309 $9,600 | $871 |
2010 | $8,291 + $1,309 $9,600 | $793 |
2009 | $8,291 + $1,309 $9,600 | $793 |
2009 | $8,291 + $1,309 $9,600 | $793 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.