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Listed by Neil Kugelman • Elfant Wissahickon-Chestnut Hill

$475,000

Est. payment - /mo

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2,520 SqFt

Pending

3921 CRESSON ST Philadelphia, PA 19127

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Jonathan Greene

jonathan@trustgreene.com +1(973) 873-0734

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Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 2,520 sqft

Price per Sqft $188

MLS Listing ID PAPH2518720

Style Straight Thru

Abv Grd Liv Area 2,520

Year Built 1900

Annual Tax Amount $7,616

Tax Year 2024

Lot Size 4,743 Sqft

Acres 0.11

Lot Dimensions 91.00 x 52.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Landlord and Developer alert! This parcel is a great candidate for future or present development! Presently, this under-rented 3-story Single triplex with 4-car garage represents a prime opportunity for someone new to take over from the longtime owner! Priced like a newly refurbished area Rowhouse, this “AS IS" special features tremendous income potential! Current apartment rents reflect big upsides with new owner improvements; and adding current income from four garage rents ($165-$195) make this a very enticing opportunity. Enter from Cresson St into a foyer with doors to 1st and 2nd floor apartments. The longtime tenant at the 1st floor apartment ($1025/month) enjoys spacious living with 5 rooms, a bathroom, use of the full basement and all of the yard maintenance responsibility. The 2nd floor's 1-bedroom apartment ($1025/month) was updated before this most recent tenant. Open Seville St's backyard gate and go up the exterior stairs to the foyer and hall bathroom with access up to the rest of the 3rd floor apartment (projected rent $1000/month). All apartments benefit from use of the fenced courtyard and is regularly accessed from both the 1st and 3rd floor units. The four garages have been separated and each enjoy overhead lighting. There is a small storage shed attached to the rear of the garage. All three apartments have separately metered gas and electric service, minimizing owner overhead. Attached are ample documents for your review: RSA5 Zoning for New Construction, Present Plot Plan, City Certification, Rental License, Lead-Safe Documents, Leases and Disclosures. Call for your appointment today!

Location

State PA

County Philadelphia

Area 19127 (19127)

Zoning RSA5

Rooms

Basement Unfinished

Interior

Interior Features Bathroom - Tub Shower

Hot Water Natural Gas

Heating Hot Water

Cooling Window Unit(s)

Inclusions Window AC units

Equipment Oven/Range - Gas, Refrigerator

Fireplace N

Window Features Double Hung,Replacement

Appliance Oven/Range - Gas, Refrigerator

Heat Source Natural Gas

Exterior

Parking Features Garage - Front Entry

Garage Spaces 4.0

Water Access N

View City

Accessibility None

Total Parking Spaces 4

Garage Y

Building

Lot Description Corner

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 211216600

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA 203(k)

Listing Terms Cash, Conventional, FHA 203(k)

Financing Cash,Conventional,FHA 203(k)

Special Listing Condition Standard

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Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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3921 CRESSON ST Philadelphia, PA 19127

Jonathan Greene

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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3921 CRESSON ST