1,248 SqFt
1,248 SqFt
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,248 sqft
Price per Sqft $196
Subdivision Olney (East)
MLS Listing ID PAPH2669664
Style Straight Thru
Abv Grd Liv Area 1,248
Year Built 1930
Annual Tax Amount $2,940
Tax Year 2026
Lot Size 1,200 Sqft
Acres 0.03
Lot Dimensions 16.00 x 75.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
Great opportunity to add a fully rented, income-producing property to your investment portfolio! Welcome to 200 East Albanus Street in Philadelphia, a property that was rehabbed throughout by the current owner after being purchased in 2023 and offers immediate rental income from day one.
The property is currently configured and occupied as three rental units, including a third unit created by the owner in the basement. With all three units currently rented, this property offers an attractive opportunity for an investor seeking an established rental property with tenants already in place.
Buyer is responsible for conducting their own due diligence regarding zoning, licensing, permits, the current three-unit configuration, permitted uses, and all applicable City of Philadelphia requirements. Property is being marketed based on its current use and occupancy, with no representation or warranty regarding the legality or approval of the basement unit or triplex use.
Additional features include a rear parking space, a valuable convenience in the city.
Conveniently located with easy access to public transportation and major travel routes, as well as nearby shopping, dining, and everyday necessities, the property offers accessibility for tenants and owners alike.
Fully rented, renovated, and already producing income, 200 East Albanus Street presents an excellent opportunity for an investor looking to expand their Philadelphia real estate portfolio.
Location
State PA
County Philadelphia
Area 19120 (19120)
Zoning RSA5
Rooms
Basement Front Entrance, Rear Entrance, Walkout Level
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Flooring Ceramic Tile, Hardwood
Heat Source Natural Gas, Electric
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Foundation Other
Above Ground Finished SqFt 1248
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 421144000
Ownership Fee Simple
SqFt Source 1248
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
Nearby Locations
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