$335,000
$350,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
1013 MAGEE AVE Philadelphia, PA 19111
1,600 SqFt
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
Parking Features Garage - Rear Entry
Garage Spaces 4.0
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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Bought with Tracy Sauler • KW Greater West Chester