Bought with Jamie M Quinn • Keller Williams Philly
$675,000
$675,000
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2017 FITZWATER ST Philadelphia, PA 19146
3,314 SqFt
Key Details
Sold Price $675,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,314 sqft
Price per Sqft $203
Subdivision Graduate Hospital
MLS Listing ID PAPH2047066
Sold Date 12/30/21
Style Other
Abv Grd Liv Area 3,314
Year Built 1915
Annual Tax Amount $7,427
Tax Year 2021
Lot Size 1,328 Sqft
Acres 0.03
Lot Dimensions 16.00 x 83.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Welcome to 2017 Fitzwater St a fantastic income-generating duplex in the heart of Graduate Hospital. This fully occupied property produces over $45,000 a year and is the perfect addition to any investors portfolio. The first floor 1 bed/1 bath unit was recently renovated and is rented ($1700 monthly) and managed by a professional management company. It features an updated kitchen with four-piece stainless steel appliances, as well as counter seating. In addition, the unit has access to a long, dry basement that has potential to be finished, as well as a quiet, private backyard. The unit is used as a short term rental and is featured as a popular listing on Airbnb as well as other sites. Continuing upstairs, the property features an occupied ($2200 monthly) bi-level 2 bed/2 bath unit with refinished original hardwood floors, a picturesque kitchen with exposed beams, and terrific lighting throughout. Both bedrooms are spacious and afforded privacy by being on separate floors. The third floor also features a stunning four-piece en-suite bathroom with a soaking tub, oversized walk-in shower, and double sink vanity. With a cap rate of 6.9%, consistent appreciation in one of Philadelphias most desirable neighborhoods, and instant income generation - dont miss this rare opportunity! All best and final offers due by 12pm Mon Nov 29.
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning RM1
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Radiant
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 301095400
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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