1005 North 6th Street
1005 North 6th Street
$860,000
6
4
3,456
3,456
$249
Closed 4/5/24
Description
Wow! Amazing investment opportunity in a prime Northern Liberties location. This 4-unit property is a great investment property or could be a slam dunk for an owner occupant. Live in one unit and have the tenants pay your mortgage! SELLER is offering a RATE BUYDOWN option for a limited time, with specific offer terms. For example you could possibly save as much as $1,100/mo on your mortgage for year 1 and $600+/mo in year 2. Inquiry for more details. The property is 100% occupied and has been since...Wow! Amazing investment opportunity in a prime Northern Liberties location. This 4-unit property is a great investment property or could be a slam dunk for an owner occupant. Live in one unit and have the tenants pay your mortgage! SELLER is offering a RATE BUYDOWN option for a limited time, with specific offer terms. For example you could possibly save as much as $1,100/mo on your mortgage for year 1 and $600+/mo in year 2. Inquiry for more details. The property is 100% occupied and has been since being purchased. The massive property boasts 4 units, spanning 4 stories plus the unfinished basement. There are 3 one-bedroom units and 1 three-bedroom unit that covers 2 floors. Only a half block from Girard Ave makes this location key for public transportation, shopping, entertainment and all of the conveniences of city living. Unit 1: $1550/mo, lease expires 10/31/24. Unit 2: $1155/mo, lease expires 6/30/24. Unit 3: $1390/mo, lease expires 7/31/24. Unit 4: $2245/mo, lease expires 7/31/24. The owner pays for water and common area electric/gas. The rest of the utilities are separated by unit and paid by the tenants. The basement is unfinished and provides storage space as well as houses 2 sets of coin operated washer and dryer. Income from washer and dryer: $70/mo. Turn over has been infrequent and the units have been filled easily due to the spacious layout and great location. The building has been well maintained with continual updates, including a long term roof that has an anticipated 30 year life span remaining, so operating costs are controlled. This is a great opportunity, in a prime location, to own a turnkey investment property.
- Listed by Jennifer L Geddes • KW EmpowerP: 2155458700 jenn@houses2homes.biz
Property Details for 1005 North 6th Street
Tax ID Number
057159800
OwnershipFee Simple
Structure TypeTwin/Semi-Detached
StyleOther
WaterfrontNo
GarageNo
Expected On Market Date01-26-2024
Cross StreetGirard
Location
LISTING UPDATED: 04/08/2024 05:16 PM
Property Details for 1005 North 6th Street
Status | Closed |
---|---|
MLS # | PAPH2310248 |
Days on Market | 12 |
Taxes | $10,448 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1920 |
Lot Size | 0.05 AC / 2,214 SF |
County | Philadelphia County |
Location
Building Information for 1005 North 6th Street
Stories-Residences4Year Built1920Building Size-Lot Size0.05 AC / 2,214 SF
Payment Calculator
$5,564 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1005 North 6th Street
Property History for 1005 North 6th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1005 North 6th Street
Taxable ValueLand$149,280Additions$597,120Total$746,400
Tax Record2023$10,448 ($871 / month)
Home Facts
Total Finished SqFt1,376 SqFtAbove Grade Finished SqFt1,376 SqFtStories4Lot Size2,214 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningRSA5CountyPHILADELPHIAAPN05-7-1598-00
Schools near 1005 North 6th Street
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 6 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Ludlow James R School PublicPK to 8 | ||
Penn Treaty Middle School Public6 to 12 | ||
Bodine William W High School Public9 to 12 | ||
The U School: Innovative Lab Public9 to 12 |
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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