Philadelphia, PA 19115,1021 RED LION RD
Philadelphia, PA 19115,1021 RED LION RD
Philadelphia, PA 19115,1021 RED LION RD
Philadelphia, PA 19115,1021 RED LION RD
Philadelphia, PA 19115,1021 RED LION RD
Philadelphia, PA 19115,1021 RED LION RD
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$427,500

$449,500

4.9%
Est.Price: ?

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Est. payment /mo

1,800 SqFt


SOLD DATE : 10/13/2023

Key Details

Sold Price $427,500

Property Type Multi-Family

Sub Type End of Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $237

MLS Listing ID PAPH2245058

Sold Date 10/13/23

Style Traditional

Abv Grd Liv Area 1,800

Originating Board BRIGHT

Year Built 1987

Annual Tax Amount $3,551

Tax Year 2023

Lot Size 2,686 Sqft

Acres 0.06

Lot Dimensions 25.00 x 108.00

Property Description

Rarely offered rock solid all brick end of row Bustleton area duplex. First floor features two bedrooms with great closet space, one bath, washer and dryer in the basement. Second floor unit has new kitchen cabinets, new engineered flooring in living room, dining room and kitchen and was painted a year ago, there is also a washer and dryer for this unit in the basement as well. Both units have forced air heat, central air and separate secure storage lockers in the basement. There is a third unit that the owner partially finished, has electric heat, separate hot water heater and wall to wall carpets. There is a rear entrance with full bath but no kitchen, this unit has never been occupied the new owner would have to obtain zoning to legally rent this unit. The tenants pay all utilities except cold water. There are three designated parking spots in the rear of the building.
Second floor two bedroom currently pays $1,350.00 per month lease expires 4/30/24. The first-floor tenant has lived there 20 years pays $1,050.00 per month, lease was just renewed and expires 8/31/24.
Current rents in the area for two bedrooms are in the $1500-$1600 a month range the third unfinished apartment could be rented for an additional $1000 plus a month. This property would make a great owner-occupied investment or a great building to add to any investor's portfolio.

Location

State PA

County Philadelphia

Area 19115 (19115)

Zoning RM2

Rooms

Basement Partially Finished

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Central A/C

Equipment Dishwasher, Refrigerator, Oven/Range - Gas, Washer, Dryer

Appliance Dishwasher, Refrigerator, Oven/Range - Gas, Washer, Dryer

Heat Source Natural Gas

Exterior

Garage Spaces 3.0

Waterfront N

Water Access N

Accessibility None

Parking Type Off Street, On Street, Parking Lot

Total Parking Spaces 3

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 582002811

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Richard B Moore • Best City Homes Inc
Bought with Asif Gill • Homestarr Realty
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3 Lemoyne Drive, Suite 100, Lemoyne, PA, 17043

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