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Key Details
Sold Price $622,500
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,250 sqft
Price per Sqft $276
Subdivision University City
MLS Listing ID PAPH2283136
Sold Date 06/15/24
Style Contemporary
Abv Grd Liv Area 2,250
Originating Board BRIGHT
Year Built 1992
Annual Tax Amount $5,694
Tax Year 2023
Lot Size 2,250 Sqft
Acres 0.05
Lot Dimensions 50 X 69
Property Description
**This property is located in a geographic area that is eligible for a $10,000 grant offered via Prosperity Home Mortgage. There is no income requirements to receive the grant but it must be an owner occupied property to qualify.**
INCOME-GENERATING DUPLEX steps from hospitals, universities, transportation hubs, and wonderful restaurants! Experience modern living in this exceptional University City Income Producing duplex, boasting a brand new roof installed in 2021 and impeccable upkeep, ensuring it stands in pristine condition. Nestled just steps away from UPENN, CHOP, VA Hospital, and University of the Sciences, this gem offers an array of enticing features. This bright and ultra-modern duplex is ideally located in the highly sought-after University City area and is situated within the prestigious Penn Alexander School District. This property is also a great opportunity for a buyer looking to reside in the primary unit with access to the private backyard and driveway, which can accommodate up to two to three vehicles, while supplementing their mortgage with rental income. As you walk up to this duplex, you will appreciate the artful exterior design and meticulously maintained grounds that include a tiered side yard adorned with beautiful plantings. Adding to the allure is a captivating mosaic mural that spans the driveway, created by the renowned artist Isaiah Zagar, whose celebrated work adorns over 100 public walls throughout the city, including Philadelphia's famous Magic Gardens. Step inside, and you'll find a wealth of appealing details, including hardwood floors and sleek and modern kitchens. The primary unit features an open layout kitchen, with stainless steel cabinets and a spacious island. Hardwood flooring graces the upper levels, enhancing the overall aesthetic. Washer & Dryer included in the common area and can be converted to coin op for additional income. The property is a block away from the trolley portal where trolley lines 11, 13, 34, 36, can be easily accessed, making it a breeze to connect to the Broad Street and Market-Frankford Lines and 30th Street Station. Don't pass up the chance to own this remarkable property in the best location. This is a great opportunity for a buyer looking to be in an income generating, owner-occupied property, or an investor looking for an easily rentable property in a central location. RENTALS ARE PROJECTED BASED ON IF THE ENTIRE BUILDING WAS FULLY RENTED.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning R5A
Interior
Interior Features Ceiling Fan(s)
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Wood, Tile/Brick
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Utilities Available Cable TV Available
Waterfront N
Water Access N
View City, Panoramic, Street, Trees/Woods
Roof Type Other
Accessibility None
Parking Type On Street, Driveway
Total Parking Spaces 2
Garage N
Building
Lot Description Irregular
Foundation Other, Block, Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Additional Building Above Grade
New Construction N
Schools
Elementary Schools Penn Alexander School
School District The School District Of Philadelphia
Others
Tax ID 271193800
Ownership Fee Simple
SqFt Source Estimated
Security Features Security System
Acceptable Financing Cash, Conventional, FHA, Negotiable
Listing Terms Cash, Conventional, FHA, Negotiable
Financing Cash,Conventional,FHA,Negotiable
Special Listing Condition Standard
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Bought with Juliet C. Welker • Compass RE