1016 W DUNCANNON AVE Philadelphia, PA 19141
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,840 sqft
Price per Sqft $141
Subdivision Logan
MLS Listing ID PAPH2568438
Style Other
Abv Grd Liv Area 1,840
Year Built 1940
Annual Tax Amount $3,017
Tax Year 2025
Lot Size 2,125 Sqft
Acres 0.05
Lot Dimensions 25.00 x 85.00
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
Immediate Cash Flow Potential! All units are vacant.
This property offers a compelling opportunity for rental income, with projections exceeding $3,000 per month and an estimated cap rate of over 10%. The property is being sold as-is at a competitive price. You can choose to live in one unit while renting out the others, or enhance your portfolio by renting all three! This property is priced to sell quickly.
Property Details: The tri-plex comprises three distinct units:
First Floor Unit: Features spacious living quarters, a full kitchen, two bedrooms, and one bathroom.
Second Floor Unit: Boasts updated flooring and bathroom, along with a generous floor plan including a full kitchen, two bedrooms, and a complete bathroom.
Third Floor Unit: Offers one bedroom, one full bathroom, and an eat-in kitchen.
Key Features:
Located in a highly desirable neighborhood, this property presents perfect affordability.
The property includes a large front patio and a basement with convenient access doors for easy maintenance of the heating, electrical, fire alarm controls and plumbing systems.
Equipped with a comprehensive fire alarm system, the building also comes with a “lead safe” approved and passed certificate.
Location
State PA
County Philadelphia
Area 19141 (19141)
Zoning RSA3
Rooms
Basement Other
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Inclusions 1st Floor Unit: Refrigerator & Stove 2nd Floor Unit: Refrigerator & Stove 3rd Floor Unit: All furnishing are negotiable
Fireplace N
Heat Source Natural Gas
Exterior
Utilities Available Natural Gas Available, Electric Available, Sewer Available, Water Available
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Stone
Above Ground Finished SqFt 1840
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 492024200
Ownership Fee Simple
SqFt Source 1840
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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