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2119 S 13th, Philadelphia, PA 19148

$432,000
: 1,560
SqFt

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List Price: $432,000
Status: ACTIVE
Price Change: ▼ $8,000 1791326098
MLS#: PAPH2660002
Subtype: Multi-Family
Style: Other
Year Built: 1911
Living Area: 1,560
Lot Size: 1,600
Acres: 0.04
Subdivision: Philadelphia (South)
MLS Area Major: 19148 (19148)

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Property Description

South Philly duplex with solid rental history, just one block from the Broad Street subway, features separate meters, newer mechanicals. Two character-rich units with separate gas and electric meters. With one unit currently vacant, this is an excellent opportunity for an owner occupant looking to offset their mortgage with rental income. Unit 1 is a ground-floor 1BR with a large living/dining area, efficient kitchen with pass-through window, in-unit washer/dryer and rear grassy yard. Recently vacant and listed for rent at $1,575/month. Unit 2 is a sunny second-floor 2BR with eat-in kitchen, oak built-in wardrobe, private deck and basement access for laundry and storage. Long-term tenant paying $1,379/month on year lease until 9/1/2027. New roof in 2018, New boilers in 2020 and well maintained overall. A solid opportunity for an owner occupant, first-time investor or addition to an existing portfolio. Current FHA mortgage may be assumable at 2.5% interest, with an approximate balance of $274,000 through Freedom Mortgage. Buyer to independently verify eligibility and terms with lender.

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Additional Information

Taxes: $4,959
Property Description: Other
Zoning: RSA5
Heating: Radiator(s)
Air Conditioning: None
Roof: Flat
Foundation: Brick/Mortar
School District: The School District Of Philadelphia
Elementary School: Jenks Abram