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    194 Krams Avenue

    PHILADELPHIA, PA 19127
    • $448,900
    • STATUS: Active
    • ON SITE: 216 days
    • ID#: PAPH921082
    UPDATED: 49 min ago
    $448,900
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,000
      SQFT
    • $112
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Ratings & Info

    Description

    This Duplex with 6 CAR PARKING is an ABSOLUTE CASH COW! HUGE duplex, zoned commercial and residential mixed use,just a few short blocks to Main Street, 76, and the regional rail. This property goes from block to block with over 4,000 sq ft over 3 levels. Off street parking for 6 cars makes finding tenants much easier due to difficult manayunk parking. Lots of possibilities for future development for this property; condos, commercial uses, or add a single staircase in the 1br unit and you will have 2 large 4 bedroom houses to rent. Unit 1 is a 700 sqft one bedroom apartment with access to the enormous basement. This apartment is currently vacant and tenant just vacated - paying $1200 per month. Unit 2 is a huge 3300 sq ft house with 7 large bedrooms, 2 full kitchens, 3 full baths, 2 living rooms over 3 levels of space. In the recent past (2019) this unit was rented for as much $4500/mo. The 6 parking spaces have been rented for between $100-$200/mo adding even more potential income to this property. Utility bills can be obtained to see operating costs. Property taxes are low at $4,350/yr. the property has new hot water heaters recently installed and a new main line sewer line for $6000. The roof has been seal coated and ready for the new owner.

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    ©2021 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: 2021-03-06T16:51:54.137.
    www.tomtoole.com/homes/108473479
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    194 Krams Avenue PHILADELPHIA, PA 19127

    • Price: $448,900
    • Status: Active
    • Updated: 49 min ago
    • ID#: PAPH921082
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    4,000
    SQFT
    $112
    $/SQFT
    1900
    Built
    Neighborhood:
    19127 (19127)
    County:
    Philadelphia
    Area:
    19127 (19127)
    School District:
    The School District Of Philadelphia
    Property Description
    This Duplex with 6 CAR PARKING is an ABSOLUTE CASH COW! HUGE duplex, zoned commercial and residential mixed use,just a few short blocks to Main Street, 76, and the regional rail. This property goes from block to block with over 4,000 sq ft over 3 levels. Off street parking for 6 cars makes finding tenants much easier due to difficult manayunk parking. Lots of possibilities for future development for this property; condos, commercial uses, or add a single staircase in the 1br unit and you will have 2 large 4 bedroom houses to rent. Unit 1 is a 700 sqft one bedroom apartment with access to the enormous basement. This apartment is currently vacant and tenant just vacated - paying $1200 per month. Unit 2 is a huge 3300 sq ft house with 7 large bedrooms, 2 full kitchens, 3 full baths, 2 living rooms over 3 levels of space. In the recent past (2019) this unit was rented for as much $4500/mo. The 6 parking spaces have been rented for between $100-$200/mo adding even more potential income to this property. Utility bills can be obtained to see operating costs. Property taxes are low at $4,350/yr. the property has new hot water heaters recently installed and a new main line sewer line for $6000. The roof has been seal coated and ready for the new owner.
    Exterior Features

    Architectural Style Converted Dwelling Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Features Crushed Stone Parking Types Off StreetParking Lot 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 4000 Basement Other Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplaces Total 0 Heating Hot Water Heating YN Yes Single Room Units 0 Three Bedroom Units 2 Two Bedroom Units 0

    Property Features

    Acceptable Financing ConventionalCash Accessibility Features None Assessment Year 2020 Association YN No Central Air YN Yes Cooling Fuel None Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Philadelphia Navigable Water YN N New Construction YN No Number Of Units Leased 0 Number Of Units Total 2 Original MLSNumber 304231586530 Ownership Interest Fee Simple Possession 0-30 Days Cd Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type End Of Row/Townhouse Tax Annual Amount 4352.00 Tax Assessment Amount 310900.00 Tax Lot 347 Total Actual Rent 7000.00 Vacation Rental YN No Water Source Public Zoning Cmx1

    Listing courtesy of Re/Max Ace Realty.


    ©2021 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: 2021-03-06T16:51:54.137.
     
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