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7026 WOODLAND AVE Philadelphia, PA 19142
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Key Details
Sold Price $150,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,875 sqft
Price per Sqft $80
Subdivision Elmwood Park
MLS Listing ID PAPH804218
Sold Date 07/09/19
Style Other
HOA Y/N N
Abv Grd Liv Area 1,875
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $1,190
Tax Year 2019
Lot Size 1,550 Sqft
Acres 0.04
Lot Dimensions 15.50 x 100.00
Property Description
A tremendous opportunity available for the investor looking for a turnkey property that is fully occupied! The cap rate is very good at over 17%, wow, yes that is correct, 17% plus...- First floor rented for $700 a month and is a 2-bedroom unit on a month to month lease.- 2nd floor front is a 1 bedroom/efficiency for $600 a month also month to month. - 2nd floor rear is a 1 bedroom/efficiency getting $680 also on a month to month lease.- 3rd floor just signed a year lease for $600 a month and also a 1 bedroom/efficiency.All new windows. All units remodeled with updated kitchens and bathrooms and new Sheetrock. Fire alarm system is up to code and fully operational. Each unit has their own newer water heater and separate electric meters. Basement is for landlords use only and can be accessed from bilco doors on Woodland Av. First floor has access to use the large rear yard. Great cash flow that brings in $2,580 each month. Don t miss this amazing investment opportunity!!
Location
State PA
County Philadelphia
Area 19142 (19142)
Zoning CMX2
Rooms
Basement Full
Interior
Hot Water Electric
Heating Hot Water
Cooling Window Unit(s)
Heat Source None
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 403292000
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Ryan Straub • Neighborhood Real Estate