1724 Monument Street
Description
Income: $62,400, common area electricity: $432. Water - $1044. Taxes - $1,458 (2 years left on tax abatement). Trash -$500. Rental license - $120. Insurance - $1,428. Offered at $650,000, this property is priced at 8.83% CAP which is great for a newer construction building, and at $650/room, it has the potential to grow up to $675-$700 with some cosmetic upgrades! Property management and leasing are on standby if the buyer elects to hire assistance with the property. Call us with any questions and schedule your tour today!
- Listed by Toma Holovatskyy • RE/MAX PlusP: (215)-868-4574 toma@plusrealtors.com
Property Details for 1724 Monument Street
Property Details for 1724 Monument Street
| Status | Active |
|---|---|
| MLS # | PAPH2413026 |
| Days on Market | 21 |
| Taxes | $931 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 2016 |
| Lot Size | 0.02 AC / 1,035 SF |
| County | Philadelphia County |
Building Information for 1724 Monument Street
Property Information for 1724 Monument Street
- School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
- School District County ID: 300200397108
- SchoolDistrictSource: Listing Agent
- County: PHILADELPHIA
- MLS Area: 19121 (19121)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2020
- Tax Assessed Value: $66,500
- Year Assessed: 2020
- City Town Tax: $420
- Land Assessed Value: $66,500
- Clean Green Assessed: No
- Land Use Code: W50
- Zoning: RM1
- Tax Lot: 118
- School Tax: $511
- Automatically Update Tax Values Y/N: No
- Owner Pays: Water, Sewer
- Single Room Units Count: 0
- One Bedroom Units Count: 0
- Two Bedroom Units Count: 0
- Three Bedroom Units Count: 0
- Other Units: Unit 1,Unit 2
- Units Leased Count: 2
- Number Of Units Vacant: 0
- Vacancy Allowance Rate: .00%
- Number Of Units Month To Month: 0
- Type: Unit 1
- Unit Type Occupied YN: Yes
- Level: 1
- Unit Type Finished SQFT: 1200
- Unit Type Lease Type: Long Term
- Beds Total: 4
- Full Baths Count: 4
- Unit Type Features: Backyard
- Total Rooms: 8
- Type: Unit 2
- Unit Type Occupied YN: Yes
- Level: 2
- Unit Type Finished SQFT: 1300
- Unit Type Lease Type: Long Term
- Beds Total: 4
- Full Baths Count: 4
- Unit Type Features: More light, space
- Total Rooms: 8
- Operating Expense: $4,982
- Operating Expense Includes: Insurance, Trash
- Insurance Expense: $1,458
- Trash Expense: $500
- Net Operating Income: $57,418
- Annual Rental Income: $62,400
- Income Includes: Laundry
- Cap Rate: 8.83
- Existing Lease Type: Long Term
- Year Major Reno Remodel: 2016
- Building Units Total: 2
- Total Finished SQFT: 2,500.00
- Total Finished SQFT Source: Estimated
- Total SQFT: 2,500.00
- Total SQFT Source: Estimated
- Construction Materials: Masonry
- Foundation Details: Other
- Lot Size Source: Estimated
- Parcel ID: 1073295
- Ground Rent Exists: No
- Type Of Parking: On Street
- Appliances: Dishwasher, Washer, Dryer, Intercom
- Accessibility Features: None
- Security Features: Intercom
- Virtual Tour URL Unbranded: https://my.matterport.com/work?m=s757cQNVfuo&back=1
- Outdoor Living Structures: Patio(s)
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Heating: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: Suburban West REALTORS Association
Property History for 1724 Monument Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1724 Monument Street
Schools near 1724 Monument Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Charter - | K to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 7 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Young Scholars Frederick Douglass Charter School CharterK to 8 | ||
Strawberry Mansion High School Public9 to 12 | ||
Carver High School Public7 to 12 | ||
Philadelphia Military Academy At Elverson Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of RE/MAX Plus
Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.