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4338 Cresson Street

PHILADELPHIA, PA 19127
  • $625,000
  • STATUS: Active
  • ON SITE: 142 Days
  • MLS #: PAPH2160116
UPDATED: 45 min ago
$625,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,900
    SQFT
  • $216
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Description

Welcome to 4338 Cresson Street! This triplex is located in the heart of Manayunk and offers a wonderful investment opportunity for the next owner. The property consists of a commercial/storefront unit which is an established hair salon (currently renting for $1,250/mo. plus the tenant pays the property's full water bill), a two bedroom / one bathroom residential unit (currently renting for $1,600/mo.) and a three bedroom / two bathroom unit (currently renting for $1,950/mo.) which results in a total rent roll of $4800/mo. (or $57,600/yr). Many recent improvements have been made to the property at the expense of the current owner including: window replacement, new appliances, plumbing repairs, electrical repairs, and HVAC repairs/improvements. This must-see, low-maintenance property provides stable income in an established, walkable location! All units are currently occupied so notice is needed and the property can only be shown on certain days/times.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kiliszek Real Estate Experts | Keller Williams Midtown Direct. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-02-08T20:50:54.917.
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4338 Cresson Street PHILADELPHIA, PA 19127

  • Price: $625,000
  • Status: Active
  • On Site: 142 Days
  • Updated: 45 min ago
  • MLS #: PAPH2160116
0
Beds
0
Baths
0
½ Baths
0.03
Acres
2,900
SQFT
$216
$/SQFT
1900
Built
Neighborhood:
19127 (19127)
County:
Philadelphia
Area:
19127 (19127)
School District:
The School District Of Philadelphia
Property Description
Welcome to 4338 Cresson Street! This triplex is located in the heart of Manayunk and offers a wonderful investment opportunity for the next owner. The property consists of a commercial/storefront unit which is an established hair salon (currently renting for $1,250/mo. plus the tenant pays the property's full water bill), a two bedroom / one bathroom residential unit (currently renting for $1,600/mo.) and a three bedroom / two bathroom unit (currently renting for $1,950/mo.) which results in a total rent roll of $4800/mo. (or $57,600/yr). Many recent improvements have been made to the property at the expense of the current owner including: window replacement, new appliances, plumbing repairs, electrical repairs, and HVAC repairs/improvements. This must-see, low-maintenance property provides stable income in an established, walkable location! All units are currently occupied so notice is needed and the property can only be shown on certain days/times.
Exterior Features

Architectural Style Traditional Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2900 Appliances WasherDryerOven/Range - GasRefrigeratorWater Heater Basement Partially Finished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/CWindow Unit(S) Exclusions Tenant Personal Property Fireplace YN No Fireplaces Total 0 Heating Forced Air Heating YN Yes Inclusions All Appliances Single Room Units 1 Three Bedroom Units 1 Two Bedroom Units 1

Property Features

Accessibility Features Ramp - Main Level Assessment Year 2023 Central Air YN Yes Cooling Fuel Electric Foundation Details Other Heating Fuel Natural GasElectric Hot Water Natural Gas Insurance Expense 2700.00 Municipality Philadelphia Navigable Water YN N Net Operating Income 47000.00 New Construction YN No Number Of Units Leased 3 Number Of Units Total 3 Original MLSNumber 801884126690 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type End Of Row/Townhouse Tax Annual Amount 3591.00 Tax Assessment Amount 256600.00 Tax Lot 117 Total Actual Rent 57600.00 Vacation Rental YN No Water Source Public Zoning Rsa5

Listing courtesy of Duffy Real Estate-Narberth: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kiliszek Real Estate Experts | Keller Williams Midtown Direct. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-02-08T20:50:54.917.
 
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