257-259 South 46th Street
$1,420,000
10
7
5,910
5,910
$240
Closed 8/19/21
Description
Detached, 8 unit turn-key investment property with excellent income (gross rents of $129,240/year). Easy to rent and always occupied. Superb character and light throughout—exactly what tenants want in this perfect location. Both sides of a twin on a lovely Spruce Hill block in University City (Penn Alexander Catchment). This property includes four (4) two bedroom units, two (2) one bedroom units, and two (2) efficiencies. Amazing property within blocks of Clark Park and its phenomenal Farmers Market,...Detached, 8 unit turn-key investment property with excellent income (gross rents of $129,240/year). Easy to rent and always occupied. Superb character and light throughout—exactly what tenants want in this perfect location. Both sides of a twin on a lovely Spruce Hill block in University City (Penn Alexander Catchment). This property includes four (4) two bedroom units, two (2) one bedroom units, and two (2) efficiencies. Amazing property within blocks of Clark Park and its phenomenal Farmers Market, Local 44, Bottle Shop, Green Line, ReAnimator Coffee, Knockbox Coffee, Vagrant Coffee, Taco Taco Mexican (formerly Honest Tom's), Tampopo, Pop Shop, Renata's, Clarkville, Baltimore Avenue Restaurant Row, CVS, movie theater, and much more. Walk to HUP, Penn, CHOP, Penn Vet, Drexel, University of the Sciences. 11 minutes to Center City by car and plenty of convenient SEPTA options. NOTES—257 has four units, separate gas and electricity, all updated with original hardwood floors, front garden, front porch, rear yard. 259 has four units with shared heat and hot water, separate electric. Also updated with original character, front garden, and rear yard. Basement includes two sets of coin-op washers and dryers. In 259 basement but for use of both buildings. Owned, not rented and bring in approximately $1,300 per year. Gross Income $130,000+/year.
Listing Agent
Property Details for 257-259 South 46th Street
Tax ID Number
461165100 & 461165200
OwnershipFee Simple
HOANo
Structure TypeDetached
StyleOther
WaterfrontNo
GarageNo
Expected On Market Date05-04-2021
LISTING UPDATED: 08/26/2022 02:38 AM
Property Details for 257-259 South 46th Street
Status | Closed |
---|---|
MLS # | PAPH1011284 |
Days on Market | 39 |
Taxes | $11,398 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1925 |
Lot Size | 0.10 AC / 4,356 SF |
County | Philadelphia County |
Buyer's Agent Compensation | 2.5% |
Building Information for 257-259 South 46th Street
Stories-Residences4Year Built1925Building Size-Lot Size0.10 AC / 4,356 SF
Property Information for 257-259 South 46th Street
Property History for 257-259 South 46th Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 257-259 South 46th Street
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Penn Alexander School PublicK to 8 | ||
West Philadelphia High School Public9 to 12 | ||
The Workshop School Public9 to 12 | ||
Paul Robeson High School For Human Services 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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.