3921 CRESSON ST new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19127
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,520 sqft
Price per Sqft $188
MLS Listing ID PAPH2518720
Style Straight Thru
Abv Grd Liv Area 2,520
Year Built 1900
Annual Tax Amount $7,616
Tax Year 2024
Lot Size 4,743 Sqft
Acres 0.11
Lot Dimensions 91.00 x 52.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Landlord and Developer alert! This parcel is a great candidate for future or present development! Presently, this under-rented 3-story Single triplex with 4-car garage represents a prime opportunity for someone new to take over from the longtime owner! Priced like a newly refurbished area Rowhouse, this “AS IS" special features tremendous income potential! Current apartment rents reflect big upsides with new owner improvements; and adding current income from four garage rents ($165-$195) make this a very enticing opportunity. Enter from Cresson St into a foyer with doors to 1st and 2nd floor apartments. The longtime tenant at the 1st floor apartment ($1025/month) enjoys spacious living with 5 rooms, a bathroom, use of the full basement and all of the yard maintenance responsibility. The 2nd floor's 1-bedroom apartment ($1025/month) was updated before this most recent tenant. Open Seville St's backyard gate and go up the exterior stairs to the foyer and hall bathroom with access up to the rest of the 3rd floor apartment (projected rent $1000/month). All apartments benefit from use of the fenced courtyard and is regularly accessed from both the 1st and 3rd floor units. The four garages have been separated and each enjoy overhead lighting. There is a small storage shed attached to the rear of the garage. All three apartments have separately metered gas and electric service, minimizing owner overhead. Attached are ample documents for your review: RSA5 Zoning for New Construction, Present Plot Plan, City Certification, Rental License, Lead-Safe Documents, Leases and Disclosures. Call for your appointment today!
Location
State PA
County Philadelphia
Area 19127 (19127)
Zoning RSA5
Rooms
Basement Unfinished
Interior
Interior Features Bathroom - Tub Shower
Hot Water Natural Gas
Heating Hot Water
Cooling Window Unit(s)
Inclusions Window AC units
Equipment Oven/Range - Gas,Refrigerator
Fireplace N
Window Features Double Hung,Replacement
Appliance Oven/Range - Gas,Refrigerator
Heat Source Natural Gas
Exterior
Parking Features Garage - Front Entry
Garage Spaces 4.0
Water Access N
View City
Accessibility None
Total Parking Spaces 4
Garage Y
Building
Lot Description Corner
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 211216600
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional,FHA 203(k)
Listing Terms Cash,Conventional,FHA 203(k)
Financing Cash,Conventional,FHA 203(k)
Special Listing Condition Standard