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200 E ALBANUS STREET

PHILADELPHIA, PA 19120

MLS#: PAPH2669664

$245,000

Status: Active
Listing number: PAPH2669664
Listing provided by: Real of Pennsylvania
Listing agent phone: None
Last update: 2 days ago
New on site 3 days ago
Browse Properties
OLNEY (EAST) - Residential Income

Property

Beds

3

Full Baths

None

1/2 Baths

None

Year Built

1930

Sq.Footage

1,248

200 East Albanus Street, Philadelphia, PA 19120 – Investment Property Great opportunity to add a fully rented, income-producing property to your investment portfolio! Welcome to 200 East Albanus Street in Philadelphia, a property that was rehabbed throughout by the current owner after being purchased in 2023 and offers immediate rental income from day one. The property is currently configured and occupied as three rental units, including a third unit created by the owner in the basement. With all three units currently rented, this property offers an attractive opportunity for an investor seeking an established rental property with tenants already in place. Buyer is responsible for conducting their own due diligence regarding zoning, licensing, permits, the current three-unit configuration, permitted uses, and all applicable City of Philadelphia requirements. Property is being marketed based on its current use and occupancy, with no representation or warranty regarding the legality or approval of the basement unit or triplex use. Additional features include a rear parking space, a valuable convenience in the city. Conveniently located with easy access to public transportation and major travel routes, as well as nearby shopping, dining, and everyday necessities, the property offers accessibility for tenants and owners alike. Fully rented, renovated, and already producing income, 200 East Albanus Street presents an excellent opportunity for an investor looking to expand their Philadelphia real estate portfolio.

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    N/A

  • Above Grade Finished Area

    1248.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Electric, Natural Gas, Hot Water

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Off Street, On Street, Alley Access

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Lot Size(square feet)

    1,200

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Straight Thru

Price

  • Sales Price

    $245,000

  • Tax Amount

    $2,940

  • Financing Options

    Cash, Conventional, FHA

  • Sq. Footage

    1,248

  • Price/SqFt

    $196

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Other

  • Sewer

    Public Sewer

  • Tax Lot

    357

  • Water Source

    Public

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Location

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PHILADELPHIA

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Listing Courtesy of William Holder, Real of Pennsylvania

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Agent Nick Polinchock

Owner, Chief Executive Officer, Portfolio Advisor

Nick Polinchock

Call Nick today to schedule a private showing.

(267) 614-1331

(215) 821-8836

nick@tntrealestatesolutions.com


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200 East Albanus Street, Philadelphia, PA 19120 – Investment Property Great opportunity to add a fully rented, income-producing property to your investment portfolio! Welcome to 200 East Albanus Street in Philadelphia, a property that was rehabbed throughout by the current owner after being purchased in 2023 and offers immediate rental income from day one. The property is currently configured and occupied as three rental units, including a third unit created by the owner in the basement. With all three units currently rented, this property offers an attractive opportunity for an investor seeking an established rental property with tenants already in place. Buyer is responsible for conducting their own due diligence regarding zoning, licensing, permits, the current three-unit configuration, permitted uses, and all applicable City of Philadelphia requirements. Property is being marketed based on its current use and occupancy, with no representation or warranty regarding the legality or approval of the basement unit or triplex use. Additional features include a rear parking space, a valuable convenience in the city. Conveniently located with easy access to public transportation and major travel routes, as well as nearby shopping, dining, and everyday necessities, the property offers accessibility for tenants and owners alike. Fully rented, renovated, and already producing income, 200 East Albanus Street presents an excellent opportunity for an investor looking to expand their Philadelphia real estate portfolio.

200 E ALBANUS STREET

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