$410,000
$410,000
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5111 SPRINGFIELD AVE Philadelphia, PA 19143
2,538 SqFt
Key Details
Sold Price $410,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,538 sqft
Price per Sqft $161
Subdivision Cedar Park
MLS Listing ID 1004210525
Sold Date 01/16/18
Style Other
HOA Y/N N
Abv Grd Liv Area 2,538
Originating Board TREND
Year Built 1927
Annual Tax Amount $671
Tax Year 2017
Lot Size 1,691 Sqft
Acres 0.04
Lot Dimensions 16X108
Property Description
Completely renovated in 2015! This fully renovated original triplex is fully rented and producing a positive cash flow. The current rents are are solid for the surrounding area and secure through 2019. All three units share the same features: Originally refurbished hardwood floors, original salvaged woodwork, 4-piece kitchens with wood cabinets and granite, central air with gas high-efficiency heating systems, new E-rated windows, and laundry. First floor apartment also has separate entrance to rear yard. The utilities are completely separated and the building has new 200 AMP service, new fire alarm system, new sewer and new water lines. Water is paid for by the owner. The property is conveniently located within easy walking distance of the hospitals and schools of University City. There area is also loaded with restaurants and coffee shops. There are numerous public transportation options within 3-4 blocks and there is ample parking in the area. The Walk Score? and bike scores are 92 and 97, respectively. With a positive cash flow and fully renovated features, this property is an investor's dream.
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RM1
Direction South
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Interior Features Ceiling Fan(s)
Hot Water Electric
Heating Gas
Cooling Central A/C
Flooring Wood, Fully Carpeted, Tile/Brick
Fireplace N
Window Features Replacement
Heat Source Natural Gas
Laundry Washer In Unit, Dryer In Unit, Hookup
Exterior
Utilities Available Cable TV Available
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Stone
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 511262800
Ownership Fee Simple
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Bought with Christine Lee • Space & Company