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4215 Salem Street

PHILADELPHIA, PA 19124
  • $350,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: PAPH2352594
$350,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,862
    SQFT
  • $188
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

School District:

Description

A well maintained rooming house featuring 5 rooming units and a rear studio apartment with separate electric. Property also offers coin operated washer and dry, High Efficiency Boiler, newer water main and sewer, and new electric service. A fenced in side yard can also generate additional income for parking/storage of vehicles (ideal for a contractor). At full occupancy (not including the side yard), this provides a solid 8 Cap Rate. Schedule your appointment today.

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www.chesapeakebayproperties.com/homes/150435066
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4215 Salem Street PHILADELPHIA, PA 19124

  • Price: $350,000
  • Status: Active
  • On Site: 34 Days
  • MLS #: PAPH2352594
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1,862
SQFT
$188
$/SQFT
1925
Built
Neighborhood:
19124 (19124)
County:
Philadelphia
Area:
19124 (19124)
School District:
Philadelphia City
Property Description
A well maintained rooming house featuring 5 rooming units and a rear studio apartment with separate electric. Property also offers coin operated washer and dry, High Efficiency Boiler, newer water main and sewer, and new electric service. A fenced in side yard can also generate additional income for parking/storage of vehicles (ideal for a contractor). At full occupancy (not including the side yard), this provides a solid 8 Cap Rate. Schedule your appointment today.
Exterior Features

Architectural Style Straight Thru Construction Materials Masonry Garage YN No Lot Features SideYard(s) Parking Types On StreetOther Pool No Pool Property Condition Good Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1862 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(s) Exclusions Tenants' personal property. Fireplace YN No Heating Hot WaterRadiator Heating YN Yes Single Room Units 6 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN No Cooling Fuel Natural Gas Cross Street Womrath St Existing Lease Type Month to Month Foundation Details Stone Heating Fuel Natural Gas Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N Net Operating Income 28496.00 New Construction YN No Number Of Units Total 4 Operating Expense 6049.00 Operating Expense Includes Insurance Original MLSNumber 803054725272 Owner Pays Common Area MaintenanceElectricityGasHeatInsuranceRepairsSewerTaxes - Real EstateWater Ownership Interest Fee Simple Property Sub Type Other Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 1489.00 Tax Lot 87 Total Actual Rent 38100.00 Vacation Rental YN No Water Source Public Zoning RM1

 
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