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7221 LORETTO AVE Philadelphia, PA 19111
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Key Details
Sold Price $225,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,578 sqft
Price per Sqft $142
Subdivision Castor Gardens
MLS Listing ID 1004118209
Sold Date 02/02/18
Style Other
HOA Y/N N
Abv Grd Liv Area 1,578
Originating Board TREND
Year Built 1962
Annual Tax Amount $2,203
Tax Year 2017
Lot Size 2,640 Sqft
Acres 0.06
Lot Dimensions 55X48
Property Description
GREAT INVESTOR OPPORTUNITY!!! Keep the current tenants, or live on one floor and let the rent pay your mortgage. This corner brick duplex is located in the heart of NE. Philadelphia, 2 blocks from Castor & Cottman. All new 200 amp electric with separate meters and new fire alarm all to Phila. code, (a $9000 upgrade). Some new drywall, freshly painted, updated baths, new concrete, new garage roof and 1 year warranty on the main house roof. Each unit is identical with 2 bedrooms and 1 bathroom, with nice size living rooms and eat-in kitchens. The basement has been refinished and can be used for additional storage, a laundry room, or, change the zoning, and rent out the basement for an additional $475/month income. Both units as well as the basement have separate electric. Newer heaters and Hot water heaters. Garage is currently rented out separately for an additional $135/mo., but with the new finishes can be rented for more. Nothing to do except to collect the rents which are under priced as there have been no increases in two years.
Location
State PA
County Philadelphia
Area 19111 (19111)
Zoning RSA3
Rooms
Other Rooms Primary Bedroom
Basement Full, Fully Finished
Interior
Interior Features Ceiling Fan(s)
Hot Water Natural Gas
Heating Gas, Baseboard
Cooling Wall Unit
Flooring Fully Carpeted, Vinyl
Fireplace N
Heat Source Natural Gas
Laundry None
Exterior
Garage Spaces 4.0
Utilities Available Cable TV Available
Waterfront N
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Parking Type On Street, Attached Garage
Attached Garage 1
Total Parking Spaces 4
Garage Y
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
High Schools Northeast
School District The School District Of Philadelphia
Others
Tax ID 532437710
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Richard L Machado • BHHS Fox & Roach-Art Museum
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