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    950 Belmont Avenue

    PHILADELPHIA, PA 19104
    • $275,000
    • STATUS: Active Under Contract
    • ON SITE: 7 days
    • ID#: PAPH989256
    Under Contract
    UPDATED: 17 min ago
    $275,000
    • 0
      BEDS
    • 0.03
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,560
      SQFT
    • $176
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1915
    County:

    School Ratings & Info

    Description

    Investor+GGs opportunity. TURN-KEY. Fully Occupied Quadruplex. Paying tenants! LOW TAXES.This 4 units building is currently managed by a property management company, so it would be an easy takeover for an out-of-town investor. This is a great turn-key property that has paying tenants and 12-month leases in all 4 apartments. First floor 1 bedroom + Yard & Basement $895/month. Second Floor Front 1 bedroom/efficiency $695/month. Second Floor Back Studio $550/month. Third Floor 1 bedroom/efficiency $750/month. This 3-story building has a gross monthly rent of $2,890. The owner pays for water/sewer only. Inspections for information purposes only. The seller will make no repairs. All four apartments were fully renovated in 2015. New Roof installed in 2018. On-going repairs and maintenance have been completed as needed. Close to public transportation. Walking distance to Fairmount Park, Please Touch Museum, Philadelphia Zoo, and the Philadelphia Art Museum. Located just minutes from booming University City. It is the ideal investment property.

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    ©2021 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 Ramus Realty Group. 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: 2021-02-26T10:52:30.733.
    www.ramusrealty.com/homes/114338247
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    950 Belmont Avenue PHILADELPHIA, PA 19104

    • Price: $275,000
    • Status: Active Under Contract
    • Updated: 17 min ago
    • ID#: PAPH989256
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.03
    Acres
    1,560
    SQFT
    $176
    $/SQFT
    1915
    Built
    Neighborhood:
    19104 (19104)
    County:
    Philadelphia
    Area:
    19104 (19104)
    School District:
    The School District Of Philadelphia
    Property Description
    Investor+GGs opportunity. TURN-KEY. Fully Occupied Quadruplex. Paying tenants! LOW TAXES.This 4 units building is currently managed by a property management company, so it would be an easy takeover for an out-of-town investor. This is a great turn-key property that has paying tenants and 12-month leases in all 4 apartments. First floor 1 bedroom + Yard & Basement $895/month. Second Floor Front 1 bedroom/efficiency $695/month. Second Floor Back Studio $550/month. Third Floor 1 bedroom/efficiency $750/month. This 3-story building has a gross monthly rent of $2,890. The owner pays for water/sewer only. Inspections for information purposes only. The seller will make no repairs. All four apartments were fully renovated in 2015. New Roof installed in 2018. On-going repairs and maintenance have been completed as needed. Close to public transportation. Walking distance to Fairmount Park, Please Touch Museum, Philadelphia Zoo, and the Philadelphia Art Museum. Located just minutes from booming University City. It is the ideal investment property.
    Exterior Features

    Architectural Style Straight Thru Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool 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 1560 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplace YN No Fireplaces Total 0 Heating Baseboard - Electric Heating YN Yes Single Room Units 1 Spa YN No Three Bedroom Units 0 Two Bedroom Units 0 Units Furnished None

    Property Features

    Accessibility Features None Assessment Year 2020 Association YN No Central Air YN No Cooling Fuel None Existing Lease Type Gross Heating Fuel Electric Historic YN No Hot Water Electric Incorporated City Name Philadelphia Maintenance Expense 1000.00 Navigable Water YN N Net Operating Income 30418.00 New Construction YN No Number Of Units Leased 4 Number Of Units Total 2 Number Of Units Vacant 0 Operating Expense 4262.00 Original MLSNumber 304485095627 Owner Pays InsuranceTaxes - Real EstateAdvertising/Licenses And PermitsWater Ownership Interest Fee Simple Possession Immediate Property Sub Type Quadruplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 1240.00 Tax Assessment Amount 88600.00 Tax Lot 176 Total Actual Rent 34680.00 Vacation Rental YN No Water Source Public Zoning Rm1

    Listing courtesy of Equity Midatlantic Real Estate.


    ©2021 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 Ramus Realty Group. 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: 2021-02-26T10:52:30.733.
     
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    2880 Pottsville Minersville Highway, Suite 144
    Pottsville PA, 17954