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2027-29 E Madison Street

PHILADELPHIA, PA 19134
  • $400,000
  • STATUS: Active
  • ON SITE: 56 Days
  • ID#: PAPH2098524
UPDATED: 34 min ago
$400,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

Investment Opportunity Awaits you at this 5 Unit, Fully Occupied Twin Property. This property includes a Double wide lot. The double wide lot provides the lucky buyer with an option to possibly subdivide and build a 2nd income producing property.Unit 1 - 1st Floor has it's own side entrance. Huge Eat In Kitchen, Living Area, 1 Bathroom with a Stall Shower, 2 Bedrooms, 1 of which is huge along with an extra front porch living area which could be used for a 3rd bedroom or extra living space. This unit has it's own washer and dryer and access to the basement for storage or extra living space.Unit 2 - 2nd Floor Rear - is an efficiency unit with a living room, bedroom & kitchen area combined along with 1 bathroom with a stall shower.Unit 3 - 2nd Floor Front - is a 1 bedroom, Living room (which the current tenant is using for a 2nd bedroom), lovely eat in kitchen and 1 bathroom with a stall shower.Unit 4 - 3rd Floor - is a 1 bedroom, living room, kitchen and 1 bathroom with a stall shower.Unit 5 - is a Detached converted garage now it's own little cottage. Has 1 bedroom, a living room and kitchen combined space and 1 bathroom with a stall shower.Unit 5 currently has access to the rear yard space.Unit 1 and Unit 5 Currently share the driveway space.Heaters were replaced in 2021. Current rents are bringing in $4250.00 per month

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-24T17:51:21.18.
www.newhometeammd.com/homes/127151308
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2027-29 E Madison Street PHILADELPHIA, PA 19134

  • Price: $400,000
  • Status: Active
  • On Site: 56 Days
  • Updated: 34 min ago
  • ID#: PAPH2098524
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1900
Built
Neighborhood:
19133 (19133)
County:
Philadelphia
Area:
19133 (19133)
School District:
The School District Of Philadelphia
Property Description
Investment Opportunity Awaits you at this 5 Unit, Fully Occupied Twin Property. This property includes a Double wide lot. The double wide lot provides the lucky buyer with an option to possibly subdivide and build a 2nd income producing property.Unit 1 - 1st Floor has it's own side entrance. Huge Eat In Kitchen, Living Area, 1 Bathroom with a Stall Shower, 2 Bedrooms, 1 of which is huge along with an extra front porch living area which could be used for a 3rd bedroom or extra living space. This unit has it's own washer and dryer and access to the basement for storage or extra living space.Unit 2 - 2nd Floor Rear - is an efficiency unit with a living room, bedroom & kitchen area combined along with 1 bathroom with a stall shower.Unit 3 - 2nd Floor Front - is a 1 bedroom, Living room (which the current tenant is using for a 2nd bedroom), lovely eat in kitchen and 1 bathroom with a stall shower.Unit 4 - 3rd Floor - is a 1 bedroom, living room, kitchen and 1 bathroom with a stall shower.Unit 5 - is a Detached converted garage now it's own little cottage. Has 1 bedroom, a living room and kitchen combined space and 1 bathroom with a stall shower.Unit 5 currently has access to the rear yard space.Unit 1 and Unit 5 Currently share the driveway space.Heaters were replaced in 2021. Current rents are bringing in $4250.00 per month
Exterior Features

Construction Materials Masonry Garage YN No Lot Features LevelOpenPrivateRear YardSideyard(S)Subdivision Possible Parking Features FencedLighted ParkingPrivate Parking Types DrivewayOn Street Property Condition Excellent Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2300.00 Cooling Window Unit(S) Heating Hot Water Heating YN Yes Net Square Feet 2300.00

Property Features

Accessibility Features None Assessment Year 2022 Business Type Apartment Building Central Air YN No Cooling Fuel None Cross Street Frankford Heating Fuel Electric Historic YN No Hot Water Electric Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 801434841858 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 2070.00 Tax Assessment Amount 147900.00 Tax Lot 2 Vacation Rental YN No Water Source Public Zoning Rsa5

Listing courtesy of Prime Realty Partners.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-24T17:51:21.18.
 
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