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1991 N 63RD Street

PHILADELPHIA, PA 19151
  • $479,000
  • STATUS: Active
  • ON SITE: 231 Days
  • ID#: PAPH2168994
UPDATED: 38 min ago
$479,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,120
    SQFT
  • $154
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Description

4 Unit Building. This lucrative and fully rented property in Overbrook Farms , consists of a 2 bedroom and a 1 bedroom, (possibly can be made into a 2 bedroom ) over 2 commercial units, all with private entrances. All units are paying market rent and have separate heat, hot water, gas, and electric. The apartments each have central air , hard wood floors throughout with updated kitchens and baths. This building is situated in a desireable and high traffic area within walking distance to SEPTA Regional Rail, bus routes, St. Joseph's University, City Line Ave and neighborhood shops. This is an excellent opportunity for an investor looking to purchase an income generating mixed use building. Gross income: 50,976.00., net opporating income: 37,690.00 cap rate 7.86

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shawn Martin Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-01T17:54:14.27.
www.mymarylandrealestate.com/homes/133874491
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1991 N 63RD Street PHILADELPHIA, PA 19151

  • Price: $479,000
  • Status: Active
  • On Site: 231 Days
  • Updated: 38 min ago
  • ID#: PAPH2168994
0
Beds
0
Baths
0
½ Baths
0.06
Acres
3,120
SQFT
$154
$/SQFT
1925
Built
Neighborhood:
Overbrook Farms
County:
Philadelphia
Area:
19151 (19151)
School District:
The School District Of Philadelphia
Property Description
4 Unit Building. This lucrative and fully rented property in Overbrook Farms , consists of a 2 bedroom and a 1 bedroom, (possibly can be made into a 2 bedroom ) over 2 commercial units, all with private entrances. All units are paying market rent and have separate heat, hot water, gas, and electric. The apartments each have central air , hard wood floors throughout with updated kitchens and baths. This building is situated in a desireable and high traffic area within walking distance to SEPTA Regional Rail, bus routes, St. Joseph's University, City Line Ave and neighborhood shops. This is an excellent opportunity for an investor looking to purchase an income generating mixed use building. Gross income: 50,976.00., net opporating income: 37,690.00 cap rate 7.86
Exterior Features

Architectural Style Other Construction Materials StoneBrickConcreteStucco Garage YN No Parking Types On Street Pool No Pool Property Condition Very Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3120 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Fireplaces Total 0 Flooring Ceramic TileHardwood Heating Forced Air Heating YN Yes Single Room Units 0 Spa YN No Three Bedroom Units 0 Two Bedroom Units 2

Property Features

Acceptable Financing CashConventional Accessibility Features Level Entry - Main2+ Access Exits Assessment Year 2023 Central Air YN Yes Cooling Fuel Electric Cross Street Lancaster Ave Elevators 0 Existing Lease Type Yearly Foundation Details StoneConcrete Perimeter Gross Income 48888.00 Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Insurance Expense 3658.00 Municipality Philadelphia Navigable Water YN N Net Operating Income 33158.00 New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Number Of Units Vacant 0 Operating Expense Includes InsuranceTrash Original MLSNumber 801942876530 Owner Pays Accounting/LegalAdvertising/Licenses And PermitsCommon Area Maintenance Ownership Interest Fee Simple Possession Immediate Property Sub Type Other Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 2183.00 Tax Assessment Amount 156000.00 Tax Lot 66 Trash Expense 500.00 Vacation Rental YN No Water Source Public Zoning Cmx25

Listing courtesy of Bhhs Fox & Roach-Center City Walnut: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shawn Martin Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-01T17:54:14.27.
 
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The Shawn Martin Group | Keller Williams Flagship of Maryland
231 Najoles Rd #100
Millersville MD, 21108