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Map
$205,000
●
Multifamily -
In Contract
1514 ARROTT ST
PHILADELPHIA, PA 19124
Studio
0 Bath
$1,007
Estimated Monthly
$0
HOA / Fees
About This Property
Fantastic opportunity to purchase a solid triplex in Frankford just
one block from the Arrott stop of the Market Frankford El. 2
of 3 units are recently rented with the last remaining unit ready
to rent or to be occupied by the new owner. The 1st floor is
rented for $1,100/month and consists of a large 2 bed, 1 bath unit
with plenty of windows and closet space plus access to the
extra-large rear yard. The 2nd floor is vacant and contains a
large studio with separate kitchen, bath, bright front windows and
brand new LVT flooring. The 3rd floor is rented for
$900/month and contains a 1 bed, 1 bath unit with an oversized
bedroom, LR/kitchen combo and tons of natural light. Really a
great property to add to your investment portfolio or live in one
and rent out the others to supplement your mortgage. Great
FHA opportunity at 3.5 % down or for owner occupant who can now
purchase at 5% down conventional thanks to recent Fannie Mae rule
changes. This is a great cash flowing property with a cap
rate over 11%. Literally 100 yards to the El/subway and you
can be anywhere in the city in less than 30 minutes. You'll
never have a vacancy when your tenants can get to the train and
their job in literally 30 seconds. Will not last, schedule
your showing today!
Unit Size
-
Days on Market
-
Land Size
0.05 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$251
HOA Dues
-
Year Built
1935
Listed By
Last updated: 3 months ago (Bright MLS #PAPH2319324)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 1, 2024 | In contract | - | |
In contract | |||
Feb 9, 2024 | Listed by KW Empower | $205,000 | |
Listed by KW Empower | |||
Feb 7, 2022 | Sold to Suzanne Lewis, William Lewis | $175,200 | |
Sold to Suzanne Lewis, William Lewis | |||
Nov 19, 2014 | Sold to Aisha Gaddy | $100,000 | |
Sold to Aisha Gaddy |
Property Highlights
Air Conditioning
Parking Details
Parking Features: On Street
Interior Details
Interior Information
Living Area Square Feet Source: Estimated
Exterior Details
Property Information
Ownership Interest: Fee Simple
Year Built Source: Estimated
Building Information
Foundation Details: Stone
Other Structures: Above Grade, Below Grade
Structure Type: Twin/Semi-Detached
Construction Materials: Masonry
Outdoor Living Structures: Patio(s)
Pool Information
No Pool
Lot Information
Tidal Water: N
Lot Size Dimensions: 20.00 x 100.00
Lot Size Source: Estimated
Land Information
Land Assessed Value: $214,800
Financial Details
City Town Tax: $1,356
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $214,800
Tax Year: 2023
Tax Annual Amount: $3,006
Year Assessed: 2023
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Baseboard - Electric
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
House
4
Beds
2
Baths
2,256 ft²
$93/ft²
$210,000
Oct 26, 2023
$210,000
Dec 7, 2023
-
Sold
Townhouse
3
Beds
2
Baths
1,224 ft²
$163/ft²
$200,000
May 9, 2021
$200,000
Jul 15, 2021
-
Sold
Townhouse
3
Beds
2
Baths
1,458 ft²
$144/ft²
$210,000
Mar 4, 2023
$210,000
Oct 27, 2023
-
Sold
Townhouse
6
Beds
3
Baths
2,210 ft²
$81/ft²
$180,000
Jul 13, 2023
$180,000
Nov 27, 2023
-
Sold
House
4
Beds
1
Bath
1,513 ft²
$132/ft²
$199,000
Apr 26, 2023
$199,000
Jun 21, 2023
-
House
5
Beds
2
Baths
2,286 ft²
$94/ft²
$215,000
Aug 5, 2021
$215,000
Sep 30, 2021
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/04/2021
|
|
Studio
|
-
|
1904 ft²
|
$189,783
Studio
-
1904 ft²
|
-
-
|
-
|
Isiah Laws
HomeSmart Realty Advisors
|
Building Info
1514 Arrott Street
1514 Arrott Street, Philadelphia, PA 19124
- 1 Unit for Sale
About Northeast Philadelphia
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