$294,900

528 S 55th St

PHILADELPHIA PA, 19143

Description

Great fully rented duplex on a beautiful block in the in the Malcolm X Park area across from the historic Boys Latin High School. The property has one 2 bedroom, 1 bath unit, and one 3 bedroom, 2 bath unit. The entire building makes great use of its space. All the units have commercial grade laminate flooring, fully renovated tiled bathrooms and kitchens, new paint, new central air and heating systems and new hot water heater systems. Each unit has all new windows, offering tons of natural light; combined with the shade from all the trees and the high ceilings, each unit feels really light and airy. All the plumbing, electrical, mechanicals and roof are less than 4 years old. The building is perfectly located near public transit, public space and walkable corridors. Building was renovated between 2016 and 2017 by an affiliate of Spak Group, a local business and development company. Property is fully rented with the 1st floor unit rented at $1,250 per month and the 2nd floor unit rented at $1,000 per month. However, the property could make an amazing owner-occupied, duplex with rental income.

Details

MLS#PAPH830472
Sub-TypeResale
StatusPending - Show
Year1925
Days On Site47

Features

SQ Feet1,560
Units2

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19143
Area19143 (19143)
Listing VS Median (in 19143)
Price:
$294,900
low | high
Med:
$124,000
100% of Average
SqFt:
1,560
low | high
Med:
2,048
18.717948717949% of Average
$ / SqFt:
$189
low | high
Med:
$61
100% of Average
On Site:
47
low | high
Med:
208
22.596153846154% of Average
Listing Updated: 10/21/2019
MLS Number: PAPH830472
Listing Provided By:
Ryan B Spak  of  Starkman UPA Realtors LLC