1013 MAGEE AVE, Philadelphia, PA 19111 – PAPH2390832

$335,000

Est. payment -/mo

$350,000

4.3%

Est.Price: ?

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1,600 SqFt

SOLD DATE : 11/01/2024

Key Details

Sold Price $335,000

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $209

Subdivision Lawndale

MLS Listing ID PAPH2390832

Sold Date 11/01/24

Style Unit/Flat

Abv Grd Liv Area 1,600

Originating Board BRIGHT

Year Built 1955

Annual Tax Amount $3,517

Tax Year 2024

Lot Size 2,975 Sqft

Acres 0.07

Lot Dimensions 28.00 x 106.00

Property Description

Investor Alert! Fully rented duplex in Lawndale section of Philadelphia, not far from the Lawndale station of the Fox Chase Regional Rail line. Two units : Each unit features two nicely sized bedrooms, one full bathroom with which are very well kept along with hardwood flooring, large eat-in kitchen and plenty of closet space. Both units have their own storage cage and individual washer & dryer set up in the basement with interior access. Both units are identical with their layouts and have long term tenants paying $850 per month per floor. Both tenants split the water bill and each unit responsible for all utilities/cable, trash, and snow removal The comps for these units for future rents in this area are $1250 - $1300 per 2 bedroom unit with a Cap rate of 10+%. The rear has a 2 car garage with a private driveway for off street parking. All separate utility meters. New Water Heaters and New Boilers were installed in 2019.

Location

State PA

County Philadelphia

Area 19111 (19111)

Zoning RSA3

Interior

Interior Features Ceiling Fan(s), Kitchen - Eat-In, Combination Kitchen/Dining, Bathroom - Tub Shower, Wood Floors

Hot Water Natural Gas

Heating Radiant

Cooling Multi Units, Ceiling Fan(s)

Flooring Hardwood

Equipment Oven/Range - Gas, Refrigerator, Washer, Dryer

Fireplace N

Appliance Oven/Range - Gas, Refrigerator, Washer, Dryer

Heat Source Natural Gas

Exterior

Garage Garage - Rear Entry

Garage Spaces 4.0

Waterfront N

Water Access N

Roof Type Flat

Accessibility None

Attached Garage 2

Total Parking Spaces 4

Garage Y

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Unit/Flat

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 532002900

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

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Don Perrin

don@milvets.us +1(703) 819-4655

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Stacie Steinbrecher • HomeSmart Realty Advisors
Bought with Tracy Sauler • KW Greater West Chester

Don Perrin

Agent | License ID: 0225222228

+1(703) 819-4655