105 W Tulpehocken,PHILADELPHIA, PA 19144
PHILADELPHIA, PA 19144
Description
Price has been reduced by $100,000 which makes this property a Fantastic Investment Opportunity with a cap rate of 7.5%. This is an ideal money maker for either a seasoned investor or someone new to the real estate investment world. This mansion, built as a private residence in 1900, was converted to its present use as a 9 unit apartment building and is well situated on an 11,000 plus square foot corner lot. A large porch area on the first level opens into a beautiful central hall leading to 4 apartments. A staircase leads up to 4 more units on the second floor and an additional apartment on the third floor. The current tenants are business professionals, consultants and/or entrepreneurs. The apartments have been very easy to rent and the building is very close to public transportation. It is located in the residential section of West Germantown which is replete in history and conveniently located to Center City, where rents are considerably higher. In addition to the apartment rental revenue, the garage rental brings in another $4,500 annually.
Details
| MLS # | PAPH2621230 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1900 |
| Days On Site | 148 |
| Listing Provided By | Coldwell Banker Realty | Anthony W Marchese |
Features
| Story(s) | 3 |
|---|---|
| Units | 9 |
| Zoning | RSA3 |
| Acreage | 0.26 |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Central |
Exterior
| Construction Materials | Brick, Stone |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Natural Gas Available, Electric Available |
|---|
Taxes
| Tax Annual Amount | 10317 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19144 |
| Area | 19144 (19144) |
| Community Name | GERMANTOWN (WEST) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in GERMANTOWN (WEST)) | |
Price: $1,100,000 low | high Med: $152,500 On site: 148 low | high Med: 393.5 | |
Market Activity 19144
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19144 |
| Area | 19144 (19144) |
| Community Name | GERMANTOWN (WEST) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in GERMANTOWN (WEST)) | |
Price: $1,100,000 low | high Med: $152,500 On site: 148 low | high Med: 393.5 | |
