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434 N 38TH Street

PHILADELPHIA, PA 19104
  • $449,000
  • STATUS: Active
  • ON SITE: 75 Days
  • ID#: PAPH2141266
UPDATED: 19 min ago
$449,000
  • 5
    BEDS
  • 0.02
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 1,817
    SQFT
  • $247
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
1940
County:

School Ratings & Info

Description

Investor/Builder alert: Great University investment opportunity! This 5bedrooms, 5bathrooms and 3-story property is close to the Drexel U and Penn campus. The fall semester is coming. It+GGs perfect timing and prefect for student housing. A lot of updates have done by the sellers. It is ready to collect the rent. Rental income can be about $3500 per month which is about 8% return. Rental market is as strong as ever and will continue to grow, especially for the student housing since the school has reopened. GREAT LOCATION, Easy access to I-76, Center City, Schuylkill River Trail, Boathouse Row, Art Museum and more. It is zoned for multifamily living. Savvy builders can renovate to create multiple units and maximize the building's potential for rental income. RM1 zoning classification on the property allows investors to create maximum rental stream with the creation of multiple units. The house is sold AS-IS.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The John Rittenhouse Team | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-10-05T19:52:04.557.
www.dreamhomefound.com/homes/131115827
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434 N 38TH Street PHILADELPHIA, PA 19104

  • Price: $449,000
  • Status: Active
  • On Site: 75 Days
  • Updated: 19 min ago
  • ID#: PAPH2141266
5
Beds
5
Baths
0
½ Baths
0.02
Acres
1,817
SQFT
$247
$/SQFT
1940
Built
Neighborhood:
Philadelphia (West)
County:
Philadelphia
Area:
19104 (19104)
School District:
The School District Of Philadelphia
Property Description
Investor/Builder alert: Great University investment opportunity! This 5bedrooms, 5bathrooms and 3-story property is close to the Drexel U and Penn campus. The fall semester is coming. It+GGs perfect timing and prefect for student housing. A lot of updates have done by the sellers. It is ready to collect the rent. Rental income can be about $3500 per month which is about 8% return. Rental market is as strong as ever and will continue to grow, especially for the student housing since the school has reopened. GREAT LOCATION, Easy access to I-76, Center City, Schuylkill River Trail, Boathouse Row, Art Museum and more. It is zoned for multifamily living. Savvy builders can renovate to create multiple units and maximize the building's potential for rental income. RM1 zoning classification on the property allows investors to create maximum rental stream with the creation of multiple units. The house is sold AS-IS.
Exterior Features

Architectural Style Colonial Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1817 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplaces Total 0 Heating 90% Forced Air Heating YN Yes Laundry Type Basement Levels 3 Main Level Bedrooms 1 Room List Bedroom 4Bedroom 1Bathroom 2 Spa YN No Upper Level1 Bedrooms 2

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2022 Association YN No Central Air YN Yes Condo YN No Cooling Fuel Electric Foundation Details Brick/Mortar Heating Fuel Natural Gas Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N New Construction YN No Original MLSNumber 801749447438 Ownership Interest Fee Simple Possession Immediate Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 3605.00 Tax Assessment Amount 257600.00 Tax Lot 55 Vacation Rental YN No Water Source Public Zoning Rsa5

Listing courtesy of Cornerstone Realtors: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The John Rittenhouse Team | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-10-05T19:52:04.557.
 
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The John Rittenhouse Team | EXP Realty
1 S 3rd Street Suite 203
Easton PA, 18042