3440 Old York Road

Closed 1/9/18

Last Sold Price

$133,900

4 beds3 baths1,728 sqft$77/sqft

3440 Old York Rd, Philadelphia, PA 19140

Description

Unique opportunity to own this legally zoned triplex with great cash flow. The building layout has untapped potential to rezone an additional unit if desired and or rehab to modify current apartments. Original building was a 6 unit, three cooking and 3 non cooking. First floor unit is a one bed and has entire floor with separate room included in rent plus additional private back yard. Also has only access to full basement. Second floor is entire floor as well broken up into 4 individual rooms with...Unique opportunity to own this legally zoned triplex with great cash flow. The building layout has untapped potential to rezone an additional unit if desired and or rehab to modify current apartments. Original building was a 6 unit, three cooking and 3 non cooking. First floor unit is a one bed and has entire floor with separate room included in rent plus additional private back yard. Also has only access to full basement. Second floor is entire floor as well broken up into 4 individual rooms with doors. Rear room is a bed, center rooms are kitchen and bath and front room is second bed. Third floor tenants walk through second floor to get upstairs separated by a door. Rear room is second bedroom and third floor front is the fourth unit occupied through non confirming use and rents for 450. Great opportunity to park your money for minimal investment for good cash flow.

LISTING CLOSED: 01/09/2018 12:00 AM

Listed by Bruce E Lang • Coldwell Banker Realty
P: (267) 312-6221 bruce.edward.lang@gmail.com
Listed by Richard K Cassell • Coldwell Banker Realty
P: (215) 607-6007 rcassell@kw.com

Property Details for 3440 Old York Road

Status

Closed

MLS #

1000306111

Days on Market

130

Taxes

$945 / year

HOA Fees

Condo/Co-op Fees

Property Type

Multi Family

MLS Type

Multi-Family / Fee Simple

Year Built

Lot Size

0.03 AC / 1,368 SF

County

Philadelphia County

Tax ID Number

431141100

Ownership

Fee Simple

Condo Coop Association

HOA

Structure Type

Interior Row/Townhouse

Style

Other

Waterfront

Garage

Subdivision

PHILADELPHIA (NORTHEAST)

Subdivision

PHILADELPHIA (NORTHEAST) (PHILADELPHIA PA)

Cross Street

W RUSSELL ST

Municipality

PHILADELPHIA

Central Air

Basement

Yes

Above Grade Finished SQFT

1,728.00

Above Grade Fin SQFT Source

Estimated

New Construction

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Location

Listing Courtesy of Coldwell Banker Realty

Sold By Coldwell Banker Realty

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Building Information for 3440 Old York Road

Stories-Residences-Year Built-Building Size-Lot Size0.03 AC / 1,368 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage¹

$759 per month

30 year fixed, 6.55% Interest

Principal and Interest

$681

Property Taxes

$79

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 3440 Old York Road

Location

School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
School District County ID: 300200397108

County: PHILADELPHIA
MLS Area: 19140 (19140)

Waterfront / Water Access

Water View: No
Water Access: No

Water Oriented: No
Navigable Water: No
Tidal Water: No
Riparian Rights Y/N: No

Taxes and Assessment

Tax Year: 2017
Tax Assessed Value: $67,500

Improvement Assessed Value: $53,797
Land Assessed Value: $13,703
Land Use Code: U50
Zoning: RM1
Tax Lot: 73

Lease Information

Concessions: No

Unit Information

One Bedroom Units Count: 2
Two Bedroom Units Count: 1

Other Units: Unit 1,Unit 2,Unit 3

Rooms

Room List: Primary Bedroom

Rooms Information

Room 1

Room Type: Primary Bedroom
Room Level: Unspecified

Room Exists: Yes

Multi Family

Unit 1

Type: Unit 1
Unit Type Occupied YN: Yes

Beds Total: 1
Half Baths Count: 0
Full Baths Count: 1
Unit Type Baths Total: 1
Unit Type Features: 6/29/2018
Total Rooms: 3

Unit 2

Type: Unit 2
Unit Type Occupied YN: Yes

Beds Total: 2
Half Baths Count: 0
Full Baths Count: 1
Unit Type Baths Total: 1
Unit Type Features: MONTH TO MONTH
Total Rooms: 4

Unit 3

Type: Unit 3
Unit Type Occupied YN: Yes

Beds Total: 1
Half Baths Count: 0
Full Baths Count: 1
Unit Type Baths Total: 1
Unit Type Features: MONTH TO MONTH
Total Rooms: 2

Financial Information

Expenses

Water Sewer Expense: $1,920
Electric Expense: $960

Annual Gross Expense: $3,825

Financial Information

Gross Income: $25,200

Building Info

Total Finished SQFT: 1,728.00
Total SQFT: 1,728.00

Construction Materials: Brick
Ext Main Mid-res: http://bright-media01.prd.brightmls.com/bright/images/0000/3042/8442/0008/304284420008_512_384_WM_LgJDVUgWatEuaI5b.jpg
Basement Type: Full
Property Attached Y/N: true

Lot / Land Information

Lot Size Dimensions: 16X86
Sign On Property: No

Parcel ID: 1191167

Parking

Type Of Parking: On Street
Parking Features: Street

Interior Features

Fireplace: No
Accessibility Features: None

Laundry Type: None

Exterior Features

Pool: No Pool
Other Structures: Above Grade

Utilities

Heating: Yes
Cooling Type: None

Heating Fuel: Natural Gas
Hot Water: Natural Gas
Water Source: Public
Sewer Septic: Public Sewer

Confidential Data

Listing Office

List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 3440 Old York Road

Date	Event & Source	Price	Appreciation
Jan 9, 2018	Closed (Public Record) Public Record #614817812	$133,900	+3.2% / yr
Jan 9, 2018	Closed BRIGHT #1000306111	$133,900	—
Nov 6, 2017	Pending BRIGHT #1000306111		—
Jun 30, 2017	Listed (Active) BRIGHT #1000306111	$139,000	—
Dec 1, 2005	Closed (Public Record) Public Record #240247591	$91,000	—

Date	Event & Source	Price
01/09/2018	Closed (Public Record) Public Record #614817812	$133,900 +3.2% / yr
01/09/2018	Closed BRIGHT #1000306111	$133,900
11/06/2017	Pending BRIGHT #1000306111	—
06/30/2017	Listed (Active) BRIGHT #1000306111	$139,000
12/01/2005	Closed (Public Record) Public Record #240247591	$91,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3440 Old York Road

Taxable ValueLand$34,400Additions$137,600Total$172,000

Tax Record2026$2,996 ($250 / month)

Home Facts

Beds0Total Finished SqFt1,728 SqFtAbove Grade Finished SqFt1,728 SqFtStories3Lot Size1,368 SqFtStyleTownhouseYear Built1920Year Renovated1920ZoningRM1CountyPHILADELPHIAAPN43-1141100

Schools near 3440 Old York Road

This home is within The School District of Philadelphia.


Rating	School	Type	Grades	Distance
5/10	Bethune Mary Mcleod School	Public - Serves this home	PK to 8	0.1 mi
3/10	The Linc	Public - Nearby school	9 to 12	1.0 mi
1/10	Dobbins Avt High School	Public - Choice school	9 to 12	1.2 mi
3/10	Philadelphia Learning Academy - North	Public - Nearby school	9 to 12	1.4 mi
2/10	Philadelphia Military Academy At Elverson	Public - Choice school	9 to 12	1.4 mi
3/10	The U School: Innovative Lab	Public - Nearby school	9 to 12	1.6 mi
NR	Revival Hill Christian High School	Private - Nearby school	9 to 12	0.5 mi
NR	St. Veronica Elementary School	Private - Nearby school	K to 8	0.5 mi
NR	Thankful Learning Center	Private - Nearby school	PK to 4	0.5 mi


Rating	School	Distance
5/10	Bethune Mary Mcleod School PublicPK to 8 Serves this home	0.1 mi
3/10	The Linc Public9 to 12 Nearby school	1.0 mi
1/10	Dobbins Avt High School Public9 to 12 Choice school	1.2 mi
3/10	Philadelphia Learning Academy - North Public9 to 12 Nearby school	1.4 mi
2/10	Philadelphia Military Academy At Elverson Public9 to 12 Choice school	1.4 mi
3/10	The U School: Innovative Lab Public9 to 12 Nearby school	1.6 mi
NR	Revival Hill Christian High School Private9 to 12 Nearby school	0.5 mi
NR	St. Veronica Elementary School PrivateK to 8 Nearby school	0.5 mi
NR	Thankful Learning Center PrivatePK to 4 Nearby school	0.5 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 3440 Old York Road, Philadelphia, PA 19140	$133,900	4	3	1,728	1,368
3438 Old York Road, Philadelphia, PA 19140	$10,000	–	–	2,544	1,368
3442 Old York Road, Philadelphia, PA 19140	$60,000	–	–	1,728	1,381
3444 Old York Road, Philadelphia, PA 19140	$57,672	–	–	1,728	1,384
3446 Old York Road, Philadelphia, PA 19140	–	–	–	1,728	1,396
1213 West Russell Street, Philadelphia, PA 19140	$27,000	4	1	1,600	1,104
3448 Old York Road, Philadelphia, PA 19140	–	–	–	1,728	1,389
3436 Old York Road, Philadelphia, PA 19140	$52,549	–	–	2,385	1,320
1215 West Russell Street, Philadelphia, PA 19140	–	4	1	1,600	1,104
3434 Old York Road, Philadelphia, PA 19140	$50,000	–	–	2,385	1,320
3450 Old York Road, Philadelphia, PA 19140	$500	–	–	1,728	1,392
1217 West Russell Street, Philadelphia, PA 19140	$70,000	4	2	1,600	1,104
3452 Old York Road, Philadelphia, PA 19140	–	–	–	–	1,376
3432 Old York Road, Philadelphia, PA 19140	$160,000	6	2	2,000	1,320
1219 West Russell Street, Philadelphia, PA 19140	$26,000	4	1	1,600	1,104
1214 West Russell Street, Philadelphia, PA 19140	–	3	1	1,500	1,065

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Listing Courtesy of Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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