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5818 WOODCREST AVENUE

PHILADELPHIA , PA 19131

MLS#: PAPH2590546

$420,000

Status: Active
Listing number: PAPH2590546
Listing provided by: Tara Management Services Inc
Listing agent phone: None
Last update: 8 days ago
On site: 10 days ago
Browse Properties
WYNNEFIELD - Residential Income

Property

Beds

6

Full Baths

None

1/2 Baths

None

Year Built

1925

Sq.Footage

1,436

Welcome to 5818 Woodcrest Avenue, Philadelphia, 19131 a triplex with a garage on a quiet, tree lined street in historic Wynnefield. The property consists of one 3br unit, one 2br unit, one 1br unit and a garage. All the apartments have central air, dishwashers, microwaves and garbage disposals. All but the 1 br unit have stainless steel appliances. Please note the photos are from before the units were occupied. All units are currently occupied – two with month-to-month leases (the 3br at $1,350 and the 1 br at $800, the 2br at $1,250 expires in July, the garage has 7 years left on a on a 10 year lease at $100). The apartment rents are significantly under market for the area. Once the units were leased only one unit was vacant and that was for about a week. It is a very marketable area and property. This property also offers an excellent opportunity for a potential Owner Occupant. Two of the units (the 2 or 3 br and the 1 br) could cover all but roughly $600 of a mortgage payment – the owner occupant would have a 2br or 3br apartment in Wynnefield for about $600 in a very nice neighborhood. The property works for an investor interested in immediate cash flow and value appreciation or an owner occupant looking for affordable housing and value appreciation. Close to St Joe’s, City Avenue, the River Drives, Schuykill Expressway and public transportation

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    N/A

  • Above Grade Finished Area

    1436.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Off Street

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Straight Thru

Price

  • Sales Price

    $420,000

  • Tax Amount

    $6,086

  • Sq. Footage

    1, 436

  • Price/SqFt

    $292

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Brick/Mortar

  • Sewer

    Public Sewer

  • Tax Lot

    140

  • Water Source

    Public

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Location

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PHILADELPHIA

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Listing Courtesy of Joseph Waites , Tara Management Services Inc

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Agent Todd Polinchock

Owner, Chief Executive Officer, Portfolio Advisor

Todd Polinchock

Call Todd today to schedule a private showing.

(267) 980-3930

todd@tntrealestatesolutions.com


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Welcome to 5818 Woodcrest Avenue, Philadelphia, 19131 a triplex with a garage on a quiet, tree lined street in historic Wynnefield. The property consists of one 3br unit, one 2br unit, one 1br unit and a garage. All the apartments have central air, dishwashers, microwaves and garbage disposals. All but the 1 br unit have stainless steel appliances. Please note the photos are from before the units were occupied. All units are currently occupied – two with month-to-month leases (the 3br at $1,350 and the 1 br at $800, the 2br at $1,250 expires in July, the garage has 7 years left on a on a 10 year lease at $100). The apartment rents are significantly under market for the area. Once the units were leased only one unit was vacant and that was for about a week. It is a very marketable area and property. This property also offers an excellent opportunity for a potential Owner Occupant. Two of the units (the 2 or 3 br and the 1 br) could cover all but roughly $600 of a mortgage payment – the owner occupant would have a 2br or 3br apartment in Wynnefield for about $600 in a very nice neighborhood. The property works for an investor interested in immediate cash flow and value appreciation or an owner occupant looking for affordable housing and value appreciation. Close to St Joe’s, City Avenue, the River Drives, Schuykill Expressway and public transportation

5818 WOODCREST AVENUE

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