CHARIS REALTY GROUP

Straight Thru

1431 LOMBARD STREET

PHILADELPHIA , PA 19146

MLS#: PAPH2102624

$975,000

Status: Closed
Listing number: PAPH2102624
Listing provided by: OCF Realty LLC - Philadelphia
Listing agent phone: None
Last update: 9 months ago
On site: 3 years ago
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Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1984

Sq.Footage

3,172

Fully leased Triplex with consistent 10 year rental history in Rittenhouse Square. This property was renovated extensively by the current owner as they intended to occupy the top floor unit. The building would be a perfect fit for the savvy investor's rental portfolio, or to an owner looking to occupy one unit and have the other 2 units rental income pay the monthly mortgage payment. First floor unit is a large 1 bedroom with a fully finished basement and currently collects 1,650/month in rent, the second floor one bed with monthly market rent is 1,425/month, and the top floor is a two bed, 2.5 bath bilevel unit currently collects 2,200/month in rent for a total of $5,275 a month (Plus $150 water fee). The property has updated wiring, HVAC systems, plumbing, and is tastefully designed with modern finishes. Hardwood flooring throughout, granite countertops, stainless steel kitchen appliances, washer/dryer in each unit, and recessed lighting throughout the building. Just a short walk to shops and dining in Rittenhouse square, and one block from Broad street and major transit routes. This property has it all. Potential value add, Whole Foods Market and luxury residential tower slated to be constructed at Broad and Lombard!!!

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2772.0

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.02

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Straight Thru

Price

  • Sales Price

    $975,000

  • Tax Amount

    9277.0

  • Sq. Footage

    3, 172

  • Price/SqFt

    $307

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Brick/Mortar

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

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PHILADELPHIA

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Listing Courtesy of Elizabeth Todd Scott , OCF Realty LLC - Philadelphia

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Agent Olivia Dibert

AGENT

Olivia Dibert

Call Olivia today to schedule a private showing.

(814) 650-4840

olivia@charisrealty.com


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Fully leased Triplex with consistent 10 year rental history in Rittenhouse Square. This property was renovated extensively by the current owner as they intended to occupy the top floor unit. The building would be a perfect fit for the savvy investor's rental portfolio, or to an owner looking to occupy one unit and have the other 2 units rental income pay the monthly mortgage payment. First floor unit is a large 1 bedroom with a fully finished basement and currently collects 1,650/month in rent, the second floor one bed with monthly market rent is 1,425/month, and the top floor is a two bed, 2.5 bath bilevel unit currently collects 2,200/month in rent for a total of $5,275 a month (Plus $150 water fee). The property has updated wiring, HVAC systems, plumbing, and is tastefully designed with modern finishes. Hardwood flooring throughout, granite countertops, stainless steel kitchen appliances, washer/dryer in each unit, and recessed lighting throughout the building. Just a short walk to shops and dining in Rittenhouse square, and one block from Broad street and major transit routes. This property has it all. Potential value add, Whole Foods Market and luxury residential tower slated to be constructed at Broad and Lombard!!!

1431 LOMBARD STREET

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