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5009 N 9TH ST Philadelphia, PA 19141
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Key Details
Sold Price $100,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,488 sqft
Price per Sqft $67
Subdivision Logan
MLS Listing ID 1003636085
Sold Date 04/27/17
Style Other
HOA Y/N N
Abv Grd Liv Area 1,488
Originating Board TREND
Year Built 1935
Annual Tax Amount $792
Tax Year 2017
Lot Size 997 Sqft
Acres 0.02
Lot Dimensions 11X92
Property Description
TURN-KEY investment opportunity Recently renovated duplex in Logan containing two 1-bedroom/1-bath units. Located across from Lindley Academy Charter School at Birney with homeowners on each side of the property. Keep as a cash flowing investment or convert into your own single home. Unit 1 has a year remaining on the lease with a monthly rent of $700. $595 of the rent is paid by the Philadelphia Housing Authority and $105 is paid by the Veterans Administration. Electric and Gas paid by tenant. Water by Landlord. Unit 1 also has unfinished basement with exit to alley at rear of building. Unit 2 has two years remaining on the lease with a monthly rent of $700, all of which is paid by the Philadelphia Housing Authority. Electric and Gas paid by tenant. Water by Landlord. Gross annual rent of $16,800. Asking gross cap of 14%. Potential for strong returns.
Location
State PA
County Philadelphia
Area 19141 (19141)
Zoning RSA5
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Hot Water Natural Gas
Heating Gas
Cooling None
Fireplace N
Heat Source Natural Gas
Laundry Washer In Unit, Dryer In Unit
Exterior
Garage Spaces 1.0
Water Access N
Accessibility None
Total Parking Spaces 1
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 491286100
Ownership Fee Simple
Read Less
Bought with Roseann Davis • Alpha Realty Group