$320,000
$325,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
1,856 SqFt
SOLD DATE : 11/20/2023
Key Details
Sold Price $320,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 1,856 sqft
Price per Sqft $172
Subdivision West Passyunk
MLS Listing ID PAPH2286756
Sold Date 11/20/23
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $4,988
Tax Year 2023
Lot Size 1,056 Sqft
Acres 0.02
Lot Dimensions 16.00 x 66.00
Property Description
1913 S 20th St is a fully occupied legally zoned 5-unit corner property in Philadelphia's popular, West Passyunk neighborhood. There are two 1-bedroom units and three studios, with all separate utilities except water. The first level has a 1 bedroom at the front and a studio at the rear, with private entries. At the center is another studio with a common entrance with a 1 bedroom and a studio on the upper level. A couple of the units have been updated with newer kitchens and bathrooms. A Bilco cellar door on the side of the building leads to the expansive basement, where you'll find electric water heaters and meters for each unit. All tenants are long-term and would be happy to stay in the building. The monthly rents are $2,685.00/ month, with a little sweat equity, it could be over $4,000.00/ month. This building is a "CASH COW". There is a fire alarm in place and all units have suitability paperwork. The rents are way below market and 1 tenant is behind 4 months and is currently under eviction. This convenient location is close to local markets and eateries. Plus, there's easy access to public transit, Snyder Ave, Passyunk Ave, Broad St, and I-76. Schedule your showing today!
Location
State PA
County Philadelphia
Area 19145 (19145)
Zoning CMX2
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 481317500
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Stuart C Cohen • KW Philly
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "