105 W Tulpehocken, Philadelphia, PA 19144

$1,100,000

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List Price
$1,100,000
Price Change
▼ $100,000 1784923231
Days on Market
69
Status
ACTIVE
MLS#
PAPH2621230
Lot Size (Acres)
0.26
Year Built
1900
County
Philadelphia
School District
Philadelphia City

Property Description

Price has been reduced by $100,000 which makes this property a Fantastic Investment Opportunity with a cap rate of 7.5%. This is an ideal money maker for either a seasoned investor or someone new to the real estate investment world. This mansion, built as a private residence in 1900, was converted to its present use as a 9 unit apartment building and is well situated on an 11,000 plus square foot corner lot. A large porch area on the first level opens into a beautiful central hall leading to 4 apartments. A staircase leads up to 4 more units on the second floor and an additional apartment on the third floor. The current tenants are business professionals, consultants and/or entrepreneurs. The apartments have been very easy to rent and the building is very close to public transportation. It is located in the residential section of West Germantown which is replete in history and conveniently located to Center City, where rents are considerably higher.

Additional Information

Area
19144 (19144)
Subdivision
Germantown (West)
Taxes
$10317
Stories
3
School District
Philadelphia City
Heating
Central
Heating Fuel
Natural Gas
Cooling
Window Unit(s)
Utilities
Natural Gas Available, Electric Available
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty. Contact: 6105661100