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Listed by Juliet C Welker • Coldwell Banker Welker Real Estate
Bought with Neil P Dessecker • RE/MAX One Realty - TCDT

$451,000

$519,000 13.1%

Est. payment - /mo

1,800 SqFt

Sold on 07/20/2021

2928 POPLAR ST Philadelphia, PA 19130

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Brian Colonna

+1(609) 364-6466

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Key Details

Sold Price $451,000

Property Type Multi-Family

Sub Type End of Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $250

MLS Listing ID PAPH940716

Sold Date 07/20/21

Style Ranch/Rambler

HOA Y/N N

Abv Grd Liv Area 1,800

Year Built 1920

Annual Tax Amount $5,424

Tax Year 2021

Lot Size 840 Sqft

Acres 0.02

Lot Dimensions 14.00 x 60.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

Fantastic investment opportunity to own this corner mixed use property/triplex in excellent condition just steps from Fairmount Park! First floor front is a great commercial space ideal for a professional office and features a kitchenette, powder room & a very large full basement. The second floor apartment is a delightful bi-level 2 bedroom/1.5 bathroom with updated kitchen and baths. The cozy rear studio apartment features its own private patio. Utilities are separately metered. The owner has not increased any of the rents and are therefore below market value. Owner lowered the rent on the bi-level 2 bedroom apartment when one of the tenants moved out. Currently the commercial space rents for $500/month (projected rent $650-$700); the 2BR/1.5BA unit rents for $1250 & the 2BR/1.5BA unit rents for $1250 and is substantially under market value (projected rent $1650-$1700); the studio apartment currently rents for $725 (projected rent $800-$825).

Location

State PA

County Philadelphia

Area 19130 (19130)

Zoning COMMERCIAL

Rooms

Basement Other

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Ranch/Rambler

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871521350

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Brian Colonna

+1(609) 364-6466

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2928 POPLAR ST Philadelphia, PA 19130

Key Details

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Rooms

Interior

Exterior

Building

Schools

Others

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2928 POPLAR ST