$128,750
$142,250
9.5%For more information regarding the value of a property, please contact us for a free consultation.
5725 N LAMBERT ST Philadelphia, PA 19138
4 Beds
2 Baths
960 SqFt
Key Details
Sold Price $128,750
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 960 sqft
Price per Sqft $134
Subdivision None Available
MLS Listing ID PAPH856694
Sold Date 08/06/20
Style Other
Bedrooms 4
Full Baths 1
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 960
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $645
Tax Year 2020
Lot Size 1,000 Sqft
Acres 0.02
Lot Dimensions 16.00 x 62.50
Property Description
PROPERTY IS BEING SOLD AS A PACKAGE ONLY FOR 569K! Purchase this portfolio and step into immediate cash flow! This portfolio consists of four single-family investment properties in the heart of La Salle University. CAP rate currently at 9% with a total Year One Return of 27%+. Currently, there is $21,000 in escrow rental monies for these properties that will be released at settlement. All properties are leased with two properties already rented through May/June of 2021. The two remaining properties are in the process of being released for 2021. Each property has hardwood floors throughout the main levels with spacious bedrooms, large common areas, plenty of parking, and washer and dryer in every property. Properties are well maintained and just steps away from La Salle University, Broad st, and just minutes commute to Center City. Many public transportation spots in the area as well as shops, restaurants, and other local attractions. Package consists of one 4 bed, 2.5 bath; two 4 bed, 1.5 bath; and one 4 bed, 1 bath homes.Package include MLS Numbers; PAPH856702, PAPH856714 and PAPH856706.
Location
State PA
County Philadelphia
Area 19138 (19138)
Zoning RM1
Rooms
Basement Other
Interior
Hot Water None
Heating Radiant
Cooling None
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type None
Garage N
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Senior Community No
Tax ID 172412600
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Frank Panunto • Long & Foster Real Estate, Inc.
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