Philadelphia, PA 19121,1223 N 25TH
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Philadelphia, PA 19121,1223 N 25TH
Philadelphia, PA 19121,1223 N 25TH
Philadelphia, PA 19121,1223 N 25TH
Philadelphia, PA 19121,1223 N 25TH

$650,000

Est. payment /mo

$739,000

12.0%
Est.Price: ?

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1223 N 25TH Philadelphia, PA 19121

3,300 SqFt

SOLD DATE : 12/20/2023

Key Details

Sold Price $650,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $196

MLS Listing ID PAPH2277032

Sold Date 12/20/23

Style Other

Abv Grd Liv Area 3,300

Originating Board BRIGHT

Year Built 2016

Annual Tax Amount $1,473

Tax Year 2023

Lot Size 1,072 Sqft

Acres 0.02

Property Description

1223 N 25th st is a very well maintained 3 unit Multi-family building with 5 years in Tax abatement, comprised of : Unit A: Rented for $1,605/Month , large bi-level 2bed/2bath: with an open layout living space, en-suite master bed/bath and a very large private bakyard.
Unit B: Rented for $1,315/M , 1bed/1bath with open floor plan and a private balcony.
Unit C: Currently vacant for owner occupant (estimated rent $1,900/M), 2bed/2bath, bi-level with open floor plan, 2 balconies, an en-suite master and a private large roof-deck. All 3 units are very large and well maintained.
This incredible, income-producing property is a newer built, low maintenance, surrounded by other new construction buildings and sits on a great and primce block in Brewerytown area, just one block away from college ave and all the restaurants on Girard ave and fairmount area. This investment is ready to provide years and years of steady revenue with potential for more rent increase and value appreciation. This building is currently set up as 3 separate condos which you can sell some and keep others if you wanted to. Act fast, priced to sell.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID NO TAX RECORD

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Reda B Akbil • Compass RE
Bought with Reda B Akbil • Compass RE

Travis Gray

Advisor | License ID: 636268

+1(301) 641-0809

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