$90,000
$82,500
9.1%For more information regarding the value of a property, please contact us for a free consultation.
1,360 SqFt
SOLD DATE : 06/15/2018
Key Details
Sold Price $90,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,360 sqft
Price per Sqft $66
Subdivision Philadelphia (Southwest)
MLS Listing ID 1000306702
Sold Date 06/15/18
Style Other
HOA Y/N N
Abv Grd Liv Area 1,360
Originating Board TREND
Year Built 1920
Annual Tax Amount $767
Tax Year 2018
Lot Size 1,369 Sqft
Acres 0.03
Lot Dimensions 17X80
Property Description
Welcome to 5501 Florence Avenue, this Income Producing (2+1) Duplex with above ground first level office/ retail space of approx.685 sq.ft.was used as a store prior to being purchased in August ,1972 and has been vacant since.The buyer's agent will check for possible to convert or establish usage for the buyer. There is a sub-basement area with approx 330 sq ft with inside access thru trap floor door, used for storage, utility room and outside access by way of a bilco basement door/ ladder. There are separate electrical with (2) 100 amp circuit breaker boxes,(2) separate gas meters, fire alarm system, hard wired smoke detectors, one oil heater serviced (3/20/20018) with radiator delivery, and (1) hot water tank.The exterior of the build is brick/ siding, front fenced lawn, with separate entry to each apartment, first floor apartment has two bedrooms and access to the lower level and exit to the fenced parking space in the rear. The second floor apartment has one bedroom, extra large living room, eat-in kitchen, hall bath room with access door to bedroom as well as the hallway and original hardwood flooring. Both unit could use some updating to maximize your investment.
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RM1
Rooms
Other Rooms Primary Bedroom
Basement Full, Outside Entrance
Interior
Interior Features Ceiling Fan(s), Store/Office
Hot Water Natural Gas
Heating Oil, Hot Water, Radiator
Cooling None
Flooring Wood, Tile/Brick
Fireplace N
Heat Source Oil
Laundry Hookup
Exterior
Garage Spaces 1.0
Fence Other
Water Access N
Roof Type Flat
Accessibility None
Total Parking Spaces 1
Garage N
Building
Foundation Stone, Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 513257200
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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