2261 N PARK AVE
PHILADELPHIA, PA 19132

$390,000 
  • -- Beds
  • -- Baths
  • 3168 sqft
  • Residential Income/Row/Town/Clu
  • Pending
2261 N PARK AVE, PHILADELPHIA - 24786411

Property Description for 2261 N PARK AVE, PHILADELPHIA PA 19132

Amazing ROI opportunity! Excellent cap rates. Fully renovated triplexes on Temple campus and 1/2 block from North Broad street Mega development sites!! North broad is appreciating rapidly with several mega improvements underway, Temple football field, Divine Lorraine, and dozens of private sector housing, mixed use and infrastructure improvements under way!! These large 3 and 4 bedroom units have high rents ($4500-$5000/month) and luxury finishes, including granite kitchens with stainless steel appliances, tile and hardwood flooring, central air, and much more. Also 10 YEAR TAX ABATEMENT WAS APPROVED IN 2014- super low taxes add to the excellent investment return. Both 2261 and 2311 Park ave are fantastic buys.....do the math, these deals work and will be great mid to long term investments. The city is booming, this neighborhood is on fire, just drive around and take a look! Annual taxes are only $485

  • Property Class: Multi-Family
  • Listing Status: Pending
  • City: PHILADELPHIA
  • State: PA
  • Zip: 19132
  • Area: Philadelphia – 19132
  • Class: Residential Income
  • Property Subtype: Row/Town/Clu
  • Approx Lot Size: 0.030
  • Baths (F/H): -- / --
  • Living Area (SqFt): 3168 sqft
  • Lot Sq Ft Apx: 1472.00
  • Year Built: 1917
  • Listing#: 6808086
  • School District: Philadelphia
  • Tax Year: 2016
  • Close Date: 12/21/2016
  • List Date: 6/9/2016
  • Last updated on: 12/6/2016

Property Features for 2261 N PARK AVE

  • Basement Type: None
  • Exterior: Brick
  • Property Age: 99
  • Garage Spaces: Nogarage
  • Laundry Type: Yeslaundry
  • Sewer Septic: Public Sewer
  • Cooling: Central A/C
  • Handicap: None
  • Hot Water: Natural Gas
  • Water: Public
  • Design: Triplex
  • Heating: Gas
  • Parking: Street

Additional Information for 2261 N PARK AVE

  • School District: Philadelphia
  • Annual Gross Expense: 485.00
  • Basement: False
  • Building Floors: 3.00
  • Central Air: True
  • Improv Assessed Amt: $27,280
  • Lot Dimensions: 16X92
  • Lot Number: 101
  • New Construction: False
  • Ownership: Fee Simple
  • Total Assessment: 34640.00
  • Water Front: False
  • Beds Unit1: 4
  • Baths Full Unit1: 2
  • Unit1 Lease End: 7/31/16
  • Unit1 Monthly Rent: 2000.00
  • Beds Unit2: 3
  • Baths Full Unit2: 1
  • Unit2 Lease End: 7/31/16
  • Unit2 Monthly Rent: 1500.00
  • Beds Unit3: 3
  • Baths Full Unit3: 1
  • Unit3 Lease End: 7/31/16
  • Unit3 Monthly Rent: 1500.00
  • Total Taxes: $485
  • Listing Area: Philadelphia – 19132
  • Subdivision: Temple University
Courtesy of BHHS Fox & Roach-Center City Walnut
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