Traditional, Contemporary, Bi-level
4947 CATHARINE STREET
PHILADELPHIA , PA 19143
MLS#: PAPH2468722
$599,000
Property
Beds
8
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
3,081
Buying a triplex and living in one of your apartments is a great way for a first-time buyer to get into the real estate market, have a great place to live, AND use the other tenants’ rent payments to help pay the mortgage! This quirky post-Victorian triplex in the Cedar Park section of West Philly’s University City contains 3 very large apartments (one 1 BR; one 1-2 BRs; one 3BRs) and has retained original details while it’s been upgraded and renovated over the years. Any of the apartments could be a great living space for an owner-occupant - perhaps especially the 3rd floor apartment, which also includes finished study or living room space in the 4th floor attic. The building’s south-facing sunny location overlooking the green space of Cedar Park is very convenient to Baltimore Ave., West Philly’s “main street” with eclectic shops, restaurants and bars. Or catch the #34 trolley (recently renamed “T-2”) on Baltimore Ave. and be in the heart of center city in 15 minutes, stopping at UPenn, Drexel U and the 30th St. Station transportation hub along the way. The property’s current annual gross income is $56,400, with a Gross Rent Multiplier of 10.62.
Features & Amenities
Interior
-
Total Bedrooms
8
Area & Lot
-
Lot Features
Front Yard, Back Yard
-
Lot Size(acres)
0.05
-
Property Type
Residential Income
-
Architectural Style
Traditional, Contemporary, Bi-level
Exterior
-
Garage
No
-
Parking
On Street
Financial
-
Sales Price
$599,000
-
Tax Amount
5420.0
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Melani Lamond , Compass Pennsylvania, LLC
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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