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The Bollack Team

bollackteam@gmail.com +1(443) 299-7994

Listed by Alisha Drozak • Real of Pennsylvania

$ 224,999

Est. payment -/mo

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Pending

1016 W DUNCANNON AVE Philadelphia, PA 19141

1,840 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 1,840 sqft

Price per Sqft $122

Subdivision Logan

MLS Listing ID PAPH2568438

Style Other

Abv Grd Liv Area 1,840

Year Built 1940

Annual Tax Amount $3,017

Tax Year 2025

Lot Size 2,125 Sqft

Acres 0.05

Lot Dimensions 25.00 x 85.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Immediate Cash Flow Potential! Investment Opportunity: Multifamily Tri-Plex! All units are vacant.
This property offers a compelling opportunity for rental income, with projections exceeding $3,000 per month and an estimated cap rate of over 10%. The property is being sold as-is at a competitive price. You can choose to live in one unit while renting out the others, or enhance your portfolio by renting all three! This property is priced to sell quickly.
Property Details: The tri-plex comprises three distinct units:
First Floor Unit: Features spacious living quarters, a full kitchen, two bedrooms, and one bathroom.
Second Floor Unit: Boasts updated flooring and bathroom, along with a generous floor plan including a full kitchen, two bedrooms, and a complete bathroom.
Third Floor Unit: Offers one bedroom, one full bathroom, and an eat-in kitchen.
Key Features:
Located in a highly desirable neighborhood, this property presents perfect affordability.
The property includes a large front patio and a basement with convenient access doors for easy maintenance of the heating, electrical, fire alarm controls and plumbing systems.
Equipped with a comprehensive fire alarm system, the building also comes with a “lead safe” approved and passed certificate. Some photos have been virtually staged.

Location

State PA

County Philadelphia

Area 19141 (19141)

Zoning RSA3

Rooms

Basement Other

Interior

Hot Water Natural Gas

Heating Radiator

Cooling None

Inclusions 1st Floor Unit: Refrigerator & Stove 2nd Floor Unit: Refrigerator & Stove 3rd Floor Unit: All furnishing are negotiable

Fireplace N

Heat Source Natural Gas

Exterior

Utilities Available Natural Gas Available, Electric Available, Sewer Available, Water Available

Water Access N

Roof Type Flat

Accessibility None

Garage N

Private Pool No

Building

Foundation Stone

Above Ground Finished SqFt 1840

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 492024200

Ownership Fee Simple

SqFt Source 1840

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

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Agent License ID: 660828

+1(443) 299-7994

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The Bollack Team

1016 W DUNCANNON AVE Philadelphia, PA 19141

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1016 W DUNCANNON AVE