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1500-UNITS 1&2 Mckinley Street

PHILADELPHIA, PA 19149
  • $200,000
  • STATUS: Active
  • ON SITE: 76 Days
  • ID#: PAPH2140260
UPDATED: 49 min ago
$200,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,320
    SQFT
  • $152
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Description

BACK ON MARKET. Mortgage not granted. PROPERTY SOLD "AS IS: . Offerd considered. Philly Zone 1949. Convenient to Large St and access to the Boulevard or a few miles to I95. This home was occupied by members of owners family and will vacate in sufficient time for a closing. A visit to the property found in need of Repairs. It is priced now taking in consideration the needed repairs. The property is located on the Corner of McKinley and Large Streets. The actual entrance is on Large Street. Th Unit 1 Apartment consist of 4 Rooms a Living Room, galley Kitchen , Bedroom and full Bath. This needs Renovation. The Unit 2 Apartment likewise Living Room, Galley Kitchen, Bedroom and Full Bath. This needs Renovation but the basement sweetener could give a very satisfactor NOI. Renovated I believe rent could be $1250. or more for 1st Floor which includes basement which has added bath and $975+ for 2nd Floor. An interesting aspect to investigate is the possibiility of renting the Basement level if permitted by Code Enforcement. There are multiple Rooms in Basement and bath on Lower Level. There is also a separate Utility Area. The Utilities are all separated Electric needs some updating probably replace Appliances, etc. There is possibilities of a good Capitalization Rate on his if improved in a quality Manner. There is some rusting of mantels above windows and some bricks may need resetting on the side on McKinley Street. To be safe a structural Engineer will be examining and report will be posted in docunents wss hen available. The duplexx has potential of good income and basement to 1st floor the possibilities of even greater improved Income.

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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 RE/MAX Main Line. 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: 2022-10-07T13:57:34.16.
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1500-UNITS 1&2 Mckinley Street PHILADELPHIA, PA 19149

  • Price: $200,000
  • Status: Active
  • On Site: 76 Days
  • Updated: 49 min ago
  • ID#: PAPH2140260
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1,320
SQFT
$152
$/SQFT
1950
Built
Neighborhood:
19149 (19149)
County:
Philadelphia
Area:
19149 (19149)
School District:
The School District Of Philadelphia
Property Description
BACK ON MARKET. Mortgage not granted. PROPERTY SOLD "AS IS: . Offerd considered. Philly Zone 1949. Convenient to Large St and access to the Boulevard or a few miles to I95. This home was occupied by members of owners family and will vacate in sufficient time for a closing. A visit to the property found in need of Repairs. It is priced now taking in consideration the needed repairs. The property is located on the Corner of McKinley and Large Streets. The actual entrance is on Large Street. Th Unit 1 Apartment consist of 4 Rooms a Living Room, galley Kitchen , Bedroom and full Bath. This needs Renovation. The Unit 2 Apartment likewise Living Room, Galley Kitchen, Bedroom and Full Bath. This needs Renovation but the basement sweetener could give a very satisfactor NOI. Renovated I believe rent could be $1250. or more for 1st Floor which includes basement which has added bath and $975+ for 2nd Floor. An interesting aspect to investigate is the possibiility of renting the Basement level if permitted by Code Enforcement. There are multiple Rooms in Basement and bath on Lower Level. There is also a separate Utility Area. The Utilities are all separated Electric needs some updating probably replace Appliances, etc. There is possibilities of a good Capitalization Rate on his if improved in a quality Manner. There is some rusting of mantels above windows and some bricks may need resetting on the side on McKinley Street. To be safe a structural Engineer will be examining and report will be posted in docunents wss hen available. The duplexx has potential of good income and basement to 1st floor the possibilities of even greater improved Income.
Exterior Features

Architectural Style Other Construction Materials Brick Exterior Features SidewalksStreet Lights Garage YN No Other Structures Above GradeBelow Grade Parking Types None Pool No Pool Property Condition Below Average Riparian Rights YN No Roof Flat Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1320 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Exclusions All Occupants Personnel Possessions And Some Appliances Fireplace YN No Fireplaces Total 0 Flooring WoodVinyl Heating RadiatorHot WaterHot Water & Baseboard - Electric Heating YN Yes Inclusions None Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Acceptable Financing ConventionalCashBank Portfolio Accessibility Features None Assessment Year 2022 Central Air YN No Cooling Fuel None Cross Street Devereaux Electric 100 Amp Service Existing Lease Type None Foundation Details Concrete Perimeter Heating Fuel Natural Gas Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Number Of Units Vacant 2 Original MLSNumber 801743194522 Ownership Interest Fee Simple Possession 31-60 Days Cd Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 3111.00 Tax Assessment Amount 222300.00 Tax Lot 365 Vacation Rental YN No Water Source Public Zoning Rsa5

Listing courtesy of Long & Foster Real Estate, Inc.: .


©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 RE/MAX Main Line. 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: 2022-10-07T13:57:34.16.
 
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