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Map
$195,000
●
Townhouse -
For Sale
2501 N COLORADO ST
PHILADELPHIA, PA 19132
Studio
0 Bath
$958
Estimated Monthly
$0
HOA / Fees
About This Property
Welcome to 2501 N Colorado Street – your perfect turnkey investment
opportunity! This meticulously maintained corner duplex offers an
ideal scenario for savvy investors or those looking to generate
rental income effortlessly.
This property is a true gem, boasting a total renovation that includes new mechanicals, kitchens, bathrooms, floors, and more. Enjoy a maintenance-free investment experience with this thoughtfully updated duplex.
Unit 1 features a comfortable 1 bed/1 bath layout and is currently rented for $750 per month. Meanwhile, Unit 2 offers a similarly appealing 1 bed/1 bath configuration, with a monthly rental income of $775. Both units are occupied by fantastic long-term tenants who consistently pay on time, ensuring a steady stream of income for the fortunate owner.
Noteworthy is the arrangement where tenants cover all utilities, except for cold water, which is the responsibility of the landlord. This adds to the attractiveness of this investment, as it minimizes ongoing expenses and maximizes your return.
Whether you choose to reside in one unit and rent out the other or simply enjoy the benefits of a hands-off investment, this property is primed for success. Act fast – opportunities like this don't linger on the market for long! Seize the chance to build equity effortlessly and secure your future with this fantastic duplex. Contact us today for a viewing before this remarkable investment slips away.
This property is a true gem, boasting a total renovation that includes new mechanicals, kitchens, bathrooms, floors, and more. Enjoy a maintenance-free investment experience with this thoughtfully updated duplex.
Unit 1 features a comfortable 1 bed/1 bath layout and is currently rented for $750 per month. Meanwhile, Unit 2 offers a similarly appealing 1 bed/1 bath configuration, with a monthly rental income of $775. Both units are occupied by fantastic long-term tenants who consistently pay on time, ensuring a steady stream of income for the fortunate owner.
Noteworthy is the arrangement where tenants cover all utilities, except for cold water, which is the responsibility of the landlord. This adds to the attractiveness of this investment, as it minimizes ongoing expenses and maximizes your return.
Whether you choose to reside in one unit and rent out the other or simply enjoy the benefits of a hands-off investment, this property is primed for success. Act fast – opportunities like this don't linger on the market for long! Seize the chance to build equity effortlessly and secure your future with this fantastic duplex. Contact us today for a viewing before this remarkable investment slips away.
Unit Size
-
Days on Market
123 days
Land Size
0.02 acres
Price per sqft
-
Property Type
Townhouse
Property Taxes
$361
HOA Dues
-
Year Built
1915
Listed By
Last updated: 9 days ago (Bright MLS #PAPH2309806)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 31, 2024 | Relisted | $195,000 | |
Relisted | |||
Jan 14, 2024 | No longer available | - | |
No longer available | |||
Jan 4, 2024 | Listed by KW Empower | $195,000 | |
Listed by KW Empower |
Property Highlights
Parking Details
Parking Features: None
Interior Details
Interior Information
Living Area Square Feet Source: Assessor
Exterior Details
Property Information
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
Foundation Details: Brick/Mortar
Other Structures: Above Grade, Below Grade
Structure Type: Interior Row/Townhouse
Construction Materials: Masonry
Pool Information
No Pool
Lot Information
Tidal Water: N
Lot Size Dimensions: 15.00 x 48.00
Lot Size Source: Assessor
Land Information
Land Assessed Value: $309,900
Financial Details
County Tax: $0
County Tax Payment Frequency: Annually
City Town Tax: $1,957
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $309,900
Tax Year: 2022
Tax Annual Amount: $4,337
Year Assessed: 2023
Utilities Details
Cooling Type: None
Heating Type: Baseboard - Electric
Cooling Fuel: None
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
Townhouse
7
Beds
2
Baths
2,289 ft²
$79/ft²
$180,000
Mar 2, 2021
$180,000
Jan 20, 2022
-
Sold
Townhouse
3
Beds
1
Bath
1,290 ft²
$134/ft²
$172,500
Nov 29, 2022
$172,500
Mar 22, 2023
-
Sold
Townhouse
4
Beds
2
Baths
1,290 ft²
$163/ft²
$210,000
Mar 7, 2023
$210,000
Mar 28, 2023
-
Townhouse
5
Beds
2
Baths
2,160 ft²
$76/ft²
$165,000
Mar 15, 2023
$165,000
Jun 23, 2023
-
Sold
Townhouse
3
Beds
2
Baths
1,072 ft²
$173/ft²
$185,000
Apr 29, 2022
$185,000
Jul 22, 2022
-
Active
Townhouse
3
Beds
2
Baths
1,008 ft²
$193/ft²
$195,000
Jan 8, 2024
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/13/2023
|
|
Studio
|
-
|
1110 ft²
|
$195,000
Studio
-
1110 ft²
|
-
-
|
-
|
Reda Akbil
Compass
|
Building Info
2501 North Colorado Street
2501 North Colorado Street, Philadelphia, PA 19132
- 1 Unit for Sale