Philadelphia, PA 19124,1649 HARRISON ST
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Philadelphia, PA 19124,1649 HARRISON ST
Philadelphia, PA 19124,1649 HARRISON ST
Philadelphia, PA 19124,1649 HARRISON ST
Philadelphia, PA 19124,1649 HARRISON ST
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1649 HARRISON ST Philadelphia, PA 19124

2,145 SqFt


UPDATED:

11/17/2024 01:15 PM

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 2,145 sqft

Price per Sqft $132

Subdivision Frankford

MLS Listing ID PAPH2406646

Style AirLite

Abv Grd Liv Area 2,145

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $2,791

Tax Year 2024

Lot Size 2,464 Sqft

Acres 0.06

Lot Dimensions 30.00 x 82.00

Property Description

This Triplex property offers off street parking for two cars and a charming backyard garden area. With three distinct units, each featuring individual water meters and electric panels , this property provides a seamless setup for tenants. All units are equipped with electric ranges, ceiling fans, and electric heating throughout. The basement is not accessible from any unit, ensuring privacy.
Unit 1 is accessible from the right side of the building near the driveway. It boasts one bedroom and one bath, with a washer/dryer for added convenience. Unit 1 tenant has been there for 8 years and pays $1045/month. Unit 2 is an efficiency and includes one bath, electric range, and a refrigerator. Tenant pays $775 for a 6 month lease ending May 2025. Unit 3 is a one bedroom with a separate room presently used by the Seller as a 'music studio' and accessible via the 2nd floor hallway, making it feel almost like two separate spaces. The landlord currently subsidizes the 3rd floor tenant's rent by renting the music room from him for $300. Unit 3 Rent would be $900 and tenant has been there for 10 years. This property is fully occupied and offers tremendous opportunity for value add. Total gross monthly rent is $2720. Calculate this great cap rate and bring your offer!
Only 1 block away from public transportation make commuting easy for you and your tenants. Schedule your showing today.

Location

State PA

County Philadelphia

Area 19124 (19124)

Zoning RM1

Rooms

Basement Full, Sump Pump

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Ceiling Fan(s)

Equipment Oven/Range - Electric, Refrigerator

Fireplace N

Appliance Oven/Range - Electric, Refrigerator

Heat Source Electric

Exterior

Garage Spaces 2.0

Water Access N

View Garden/Lawn

Accessibility None

Total Parking Spaces 2

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style AirLite

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 232208200

Ownership Fee Simple

SqFt Source Assessor

Security Features Fire Detection System

Acceptable Financing Cash, Conventional, Private

Listing Terms Cash, Conventional, Private

Financing Cash,Conventional,Private

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by Sharyn Soliman • Keller Williams Real Estate-Blue Bell

Bobbi Farquhar

Advisor | License ID: 603292

+1(301) 752-3088

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1649 HARRISON ST