1013 Magee Ave , Philadelphia, PA 19111
Philadelphia, PA 19111
Description
Investor Alert! Fully rented duplex in Lawndale section of Philadelphia, not far from the Lawndale station of the Fox Chase Regional Rail line. Two units : Each unit features two nicely sized bedrooms, one full bathroom with which are very well kept along with hardwood flooring, large eat-in kitchen and plenty of closet space. Both units have their own storage cage and individual washer & dryer set up in the basement with interior access. Both units are identical with their layouts and have long term tenants paying $850 per month per floor. Both tenants split the water bill and each unit responsible for all utilities/cable, trash, and snow removal The comps for these units for future rents in this area are $1250 - $1300 per 2 bedroom unit with a Cap rate of 10+%. The rear has a 2 car garage with a private driveway for off street parking. All separate utility meters. New Water Heaters and New Boilers were installed in 2019.
Details
| MLS# | PAPH2390832 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1955 |
| Days On Site | 45 |
| Listing Provided By | HomeSmart Realty Advisors | Stacie Steinbrecher |
Features
| SQ Feet | 1,600 |
|---|---|
| Garage | 2 |
| Zoning | RSA3 |
| Acreage | 0.07 |
Market Activity 19111
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Learn More About This Property
| State | PA |
|---|---|
| County | Philadelphia |
| City | Philadelphia |
| Zip Code | 19111 |
| Area | 19111 |
| Community Name | Lawndale |
| School District | The School District Of Philadelp |
| Listing VS Median (in Lawndale) | |
Price: $350,000 low | high Med: $249,900 SqFt: 1,600 low | high Med: 1,350 $ / SqFt: $219 low | high Med: $185 On Site: 45 low | high Med: 662.000000 | |
