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512 N 40TH ST Philadelphia, PA 19104
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Key Details
Sold Price $238,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,316 sqft
Price per Sqft $102
Subdivision University City
MLS Listing ID 1002709478
Sold Date 05/23/16
Style Other
HOA Y/N N
Abv Grd Liv Area 2,316
Originating Board TREND
Year Built 1945
Annual Tax Amount $2,779
Tax Year 2016
Lot Size 1,451 Sqft
Acres 0.03
Lot Dimensions 16X91
Property Description
PRICE REDUCTION. Future homeowner? University student/employee? Renter? Savvy investor? ALL OF THE ABOVE! Why not own your own home and have someone else pay your mortgage? This 3-story brick triplex - end unit - (per current city cert property is zoned as a triplex) could be yours! Convenient to Penn, CHOP, Drexel and USP. In this multi-family home the tenants pay their own electric baseboard heat. Replacement windows. Roof, electric service and hot water heater all replaced, updated kitchens in units 1 and 2. (Property meter pays for hot water heater and efficiency cooking gas only.) Open front porch, 1st floor unit: 2 bedrooms, 1 bath, living room, kitchen, access to rear yard and basement. 2nd floor unit: studio with loads of light in the kitchen from the rear and side yards. Last rented at $ 550 plus utilities in August 2015. 3rd floor unit: 3 bedrooms, 1 bath, kitchen with dishwasher and gas cooking, living room, laundry room includes washer and dryer 'as is.' Last rented in August 2015 at $ 995 per month plus utilities. High ceilings, some original moldings, most likely wood floors under carpet. Convenient to Center City, public transportation, shopping, restaurants, cultural institutions, parks and recreation. Within borders of Penn Home Ownership Program. Appears to be eligible for PHO Program for Closing Cost Reduction Program and Forgivable Loan Program. Property is being sold 'as is.' Please remind your Realtor to check the all doors are locked up. Thank you.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RM1
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished
Interior
Hot Water Natural Gas
Heating Electric, Baseboard
Cooling None
Fireplace N
Heat Source Electric
Laundry Washer In Unit, Dryer In Unit
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 061164300
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Zeta Cross • HG Realty Services, Ltd.