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Tools
Size
4
Bedrooms
2,214 Sq Ft.
interior
Financial
$899,990
Change Currency
$406
Price Per Sqft
$10,448
Annual taxes
Listing Details
Other
Property type
1920
Year Built
5761457
Web Id
2844627-PAPH2310248
MLS ID
202
Days Posted
Description
1005 N 6th St,
Philadelphia,
PA
19123
Philadelphia, PA 19123
Wow! Amazing investment opportunity in a prime Northern Liberties location. This 4-unit property is a great investment property or could be a slam dunk for an owner occupant. Live in one unit and have the tenants pay your mortgage! ** SELLER is offering a RATE BUYDOWN option for a limited time, with specific offer terms. For example you could possibly save as much as $1,100/mo on your mortgage for year 1 and $600+/mo in year 2. Inquiry for more details. **The property is 100% occupied and has been since being purchased. The massive property boasts 4 units, spanning 4 stories plus the unfinished basement. There are 3 one-bedroom units and 1 three-bedroom unit that covers 2 floors. Only a half block from Girard Ave makes this location key for public transportation, shopping, entertainment and all of the conveniences of city living. Unit 1: $1550/mo, lease expires 10/31/24. Unit 2: $1155/mo, lease expires 6/30/24. Unit 3: $1390/mo, lease expires 7/31/24. Unit 4: $2245/mo, lease expires 7/31/24. The owner pays for water and common area electric/gas. The rest of the utilities are separated by unit and paid by the tenants. The basement is unfinished and provides storage space as well as houses 2 sets of coin operated washer and dryer. Income from washer and dryer: $70/mo. Turn over has been infrequent and the units have been filled easily due to the spacious layout and great location. The building has been well maintained with continual updates, including a long term roof that has an anticipated 30 year life span remaining, so operating costs are controlled.This is a great opportunity, in a prime location, to own a turnkey investment property.
Amenities
- Carpet
- Wood
- Other
Price HistoryView all +
date | price | variance | type |
---|---|---|---|
3/8/2024 | $899,990 | - | Contract |
2/20/2024 | $899,990 | - | off market |
2/6/2024 | $899,990 | - | Contract |
2/5/2024 | $899,990 | - | Listed |
6/13/2023 | $949,990 | - | off market |
6/10/2023 | $949,990 | undefined | decreased |
4/14/2023 | $949,999 | 5.00 % | decreased |
2/28/2023 | $1,000,000 | - | Listed |
Listing By: KW Empower via Data Source: Bright MLS
listing agent: Jennifer Geddes