Bought with Neil P Dessecker • RE/MAX One Realty - TCDT
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2928 POPLAR ST Philadelphia, PA 19130
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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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