$390,000
$415,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
5220 LARCHWOOD AVE Philadelphia, PA 19143
1,628 SqFt
Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,628 sqft
Price per Sqft $239
MLS Listing ID PAPH2380562
Sold Date 10/07/24
Style AirLite
Abv Grd Liv Area 1,628
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $2,262
Tax Year 2024
Lot Size 1,302 Sqft
Acres 0.03
Lot Dimensions 16.00 x 84.00
Property Description
This thoughtfully designed duplex located in West Philadelphia was completely renovated in 2019 with a new roof in 2022 and has over 5 years remaining on a tax abatement! Perfectly suited for both owner-occupants and investors, this turn-key property seamlessly transitions between live-in comfort and lucrative rental income. The covered front porch overlooking a mature front garden welcomes you in. Unit 1 is located on the first level and has beautiful light wood flooring throughout. The living room opens into the updated kitchen with white shaker cabinets, stainless steel appliances, Quartz countertops, and a pantry. A door in the kitchen leads to the private outdoor space. Two bedrooms share an updated full hall bathroom. A door in the primary bedroom also leads out to the outdoor space. This unit has access to the full basement with private laundry--all kept dry by a French drain and sump pump. The basement is ready to be finished to create additional living space for this unit. Ascend to the second level to Unit 2 where the light wood flooring continues. This unit has a beautiful exposed brick wall throughout and another open-concept floor plan with the living/dining area opening to the modern kitchen. The kitchen boasts a breakfast bar, Quartz countertops, stainless steel appliances, and in-unit laundry. The exposed brick wall continues to the front bedroom. Towards the back of the unit are the full hall bathroom and the primary bedroom. Both units were occupied through the end August 2024, with a total annual rent of $34,200. Located one block from the beautiful Malcolm X Park, home to an exciting line-up of free events throughout the year, and just a couple of blocks from the Baltimore Avenue corridor which has many cafes, restaurants, bars, and shops. With nearby public transportation (subway, bus, and trolley) you can access Center City or University City, where UPenn and Drexel are located. This home is located in the heart of it all. Book an appointment today!
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RESIDENTIAL
Rooms
Basement Full, Unfinished
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Exterior Feature Porch(es)
Water Access N
Accessibility None
Porch Porch(es)
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 462008600
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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Bought with Anita D Lantz • Practical Real Estate