$817,500
$839,999
2.7%For more information regarding the value of a property, please contact us for a free consultation.
1630 CAMBRIDGE ST Philadelphia, PA 19130
405 Sqft Lot
Key Details
Sold Price $817,500
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAPH839766
Sold Date 12/12/19
Style Straight Thru
HOA Y/N N
Originating Board BRIGHT
Year Built 2018
Tax Year 2019
Lot Size 405 Sqft
Acres 0.01
Lot Dimensions 255.23 x 3.00
Property Description
INVESTOR OPPORTUNITY!!! Brand new construction at a discount. The renters will be flocking to occupy these units with modern finishes and technology. Comparable rents in the area will have this investment yielding a 7-8% cap rate. Enjoy a $30k plus discount when purchasing the entire building. These are 2 bi-level units with seperate entrances and a small shared entry space. Enjoy earning premium rents as both units include 3 large bedrooms and 3 full bathrooms. The common area space is the the entry way which is shared by both units. The upper unit include a balcony and a roof deck, the entry units feature a huge outdoor patio and basement walk out e-gress. The units are currently listed for sale, seller is now offering a discount on the purchase of the entire building. 10 year tax abatement and 1 year builder warranty included
Location
State PA
County Philadelphia
Area 19130 (19130)
Zoning RM1
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Septic
Water Public
Architectural Style Straight Thru
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 471009904
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Haralabos Kiziroglou • Long & Foster Real Estate, Inc.
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