Philadelphia, PA 19139,257-259 S 46TH ST
Philadelphia, PA 19139,257-259 S 46TH ST
Philadelphia, PA 19139,257-259 S 46TH ST
Philadelphia, PA 19139,257-259 S 46TH ST
Philadelphia, PA 19139,257-259 S 46TH ST
Philadelphia, PA 19139,257-259 S 46TH ST
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$1,420,000

$1,495,000

5.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

5,910 SqFt


SOLD DATE : 08/19/2021

Key Details

Sold Price $1,420,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 5,910 sqft

Price per Sqft $240

Subdivision University City

MLS Listing ID PAPH1011284

Sold Date 08/19/21

Style Other

HOA Y/N N

Abv Grd Liv Area 5,910

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $11,398

Tax Year 2021

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 39.5 x 105.00

Property Description

Detached, 8 unit turn-key investment property with excellent income (gross rents of $129,240/year). Easy to rent and always occupied. Superb character and light throughoutexactly what tenants want in this perfect location. Both sides of a twin on a lovely Spruce Hill block in University City (Penn Alexander Catchment). This property includes four (4) two bedroom units, two (2) one bedroom units, and two (2) efficiencies. Amazing property within blocks of Clark Park and its phenomenal Farmers Market, Local 44, Bottle Shop, Green Line, ReAnimator Coffee, Knockbox Coffee, Vagrant Coffee, Taco Taco Mexican (formerly Honest Tom's), Tampopo, Pop Shop, Renata's, Clarkville, Baltimore Avenue Restaurant Row, CVS, movie theater, and much more. Walk to HUP, Penn, CHOP, Penn Vet, Drexel, University of the Sciences. 11 minutes to Center City by car and plenty of convenient SEPTA options. NOTES257 has four units, separate gas and electricity, all updated with original hardwood floors, front garden, front porch, rear yard. 259 has four units with shared heat and hot water, separate electric. Also updated with original character, front garden, and rear yard. Basement includes two sets of coin-op washers and dryers. In 259 basement but for use of both buildings. Owned, not rented and bring in approximately $1,300 per year. Gross Income $130,000+/year.

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning RTA1

Interior

Hot Water Natural Gas

Heating Other

Cooling None

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Lot Description Front Yard, Rear Yard, SideYard(s)

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Penn Alexander School

Middle Schools Penn Alexander School

School District The School District Of Philadelphia

Others

Tax ID 461165100 & 461165200

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jeffrey Block • Compass RE
Bought with Ben Finelli • RE/MAX Ready
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14291 Park Meadow Drive Suite 500, Chantilly, VA, 20151

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