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5XX S 41st St. Philadelphia Pa 19104

$565,000

Brotherly Love Real Estate

ADDITIONAL PHOTOS – Click Here

 

Property Details:

  • Duplex with parking
  • Total rent is $4,365
  • Property Square Feet: 2,475
  • Lot Square Feet: 3,240
  • Unit 1: Entire first floor, 2 bed/1 bath. Rented for $1,350. Lease is up May 31st 2021
  • Unit 2: Bi-level, second and third floor, 5 bed, 2 bath. Rented for $2,950. Lease is up June 14th 2021
  • Parking spot rented for $65/month
  • Zoned RTA-1
  • Separate basement access with coin laundry
  • Gas heat for Unit 1, Oil heat for Unit 2, separate electric
  • Owner currently splits utilities with bi-level unit tenants but that can be changed when leases renew.
  • Needs some TLC but tenants are happy and paying.

 

Taxes Yearly Insurance Yearly Electric Yearly Water Yearly Gas Yearly Oil Yearly Garbage Yearly
$6,471 $2,000 $720 $1,500 $360 $1,065 $500

 

Terms of Sale

  • Price $565,000

  • Cash, must show POF

  • 25 day closing or less

  • Being sold as is

  • Agents welcome. 2.5% commission offered

  • Split transfer tax

 

Cash Comps:

513 S 41st St. sold for $650,000 cash in 3 days in August 2019.

 

*Contact: Jon Sanborn (215) 259-8405 for more details.

 

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