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4331 Pine Street

PHILADELPHIA, PA 19104
  • $750,000
  • STATUS: Active
  • ON SITE: 98 Days
  • ID#: PAPH2329198
UPDATED: 187 min ago
$750,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,200
    SQFT
  • $234
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1905
County:

School Ratings & Info

Description

4-unit multifamily property near UPenn! Fully leased with an IN-PLACE rent roll of $64,140 / year. Units are large and spacious that go up to 4th floor! Basement halfway above grade for easy access for laundry room. Treeline block on Pine Street just blocks away from Penn Alexander Charter School. All units have hardwood floor, oversized windows, high ceilings. New owner can do additional renovation to increase the rents further. Existing income represents a 7% cap rate, higher than current interest rates and easy to finance if necessary. Seller agent has financial interest in the property!

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©2024 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 Michael Harget Group | Keller Williams Realty Partners. 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: 2024-06-12T23:50:30.103.
www.themichaelhargetgroup.com/homes/148332617
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4331 Pine Street PHILADELPHIA, PA 19104

  • Price: $750,000
  • Status: Active
  • On Site: 98 Days
  • Updated: 187 min ago
  • ID#: PAPH2329198
0
Beds
0
Baths
0
½ Baths
0.05
Acres
3,200
SQFT
$234
$/SQFT
1905
Built
Neighborhood:
19104 (19104)
County:
Philadelphia
Area:
19104 (19104)
School District:
The School District Of Philadelphia
Property Description
4-unit multifamily property near UPenn! Fully leased with an IN-PLACE rent roll of $64,140 / year. Units are large and spacious that go up to 4th floor! Basement halfway above grade for easy access for laundry room. Treeline block on Pine Street just blocks away from Penn Alexander Charter School. All units have hardwood floor, oversized windows, high ceilings. New owner can do additional renovation to increase the rents further. Existing income represents a 7% cap rate, higher than current interest rates and easy to finance if necessary. Seller agent has financial interest in the property!
Exterior Features

Architectural Style Other Construction Materials Brick Garage YN No Parking Types On Street Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3200 Basement FullFully Finished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/CWall Unit Fireplace YN No Flooring Wood Heating Forced Air Heating YN Yes Single Room Units 1 Three Bedroom Units 0 Two Bedroom Units 2

Property Features

Accessibility Features None Central Air YN Yes Cooling Fuel None Cross Street 43RD STREET Electric 100 Amp Service200+ Amp Service Foundation Details Block Gross Income 64147.00 Heating Fuel Natural Gas Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N Net Operating Income 52302.00 New Construction YN No Number Of Units Total 4 Original MLSNumber 802907433684 Ownership Interest Fee Simple Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 5070.00 Tax Lot 27 Vacation Rental YN No Water Source Public Window Features Energy Efficient Zoning RTA1

Listing courtesy of Tesla Realty Group, LLC: .


©2024 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 Michael Harget Group | Keller Williams Realty Partners. 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: 2024-06-12T23:50:30.103.
 
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Michael Harget Group | Keller Williams Realty Partners
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