1129 Cottman Avenue
1129 Cottman Avenue
$348,000
—
1,800
1,800
$193
Closed 3/14/24
Description
Great opportunity for either an owner occupant or investor! Major Announcement from Fannie Mae and Freddie Mac now only requiring a 5% DOWN PAYMENT FOR AN OWNER OCCUPANT! Live in one unit and rent the other two units- cheaper than renting! This tri-plex dwelling has three single bedroom units all occupied by ten year long term tenants who are not currently paying fair market rental due to the fact they are excellent tenant and their longevity. The tenants would wish to stay if the new owners can...Great opportunity for either an owner occupant or investor! Major Announcement from Fannie Mae and Freddie Mac now only requiring a 5% DOWN PAYMENT FOR AN OWNER OCCUPANT! Live in one unit and rent the other two units- cheaper than renting! This tri-plex dwelling has three single bedroom units all occupied by ten year long term tenants who are not currently paying fair market rental due to the fact they are excellent tenant and their longevity. The tenants would wish to stay if the new owners can come to terms with each of them on a fair rent increase. If not then they are all on month to month lease with a 60 day notice. The building has 3 separate gas fired hot water heating systems with two of the boilers approximately 10 years new while the third is less than one year old. There is also three separate gas fired domestic hot water heaters. Each of the units has its own separate electrical panel box in the basement. This property is an all brick twin tri-plex located near Five Points in the Burholme section of Five Points Near shopping and transportation. Each of the floors have had multiple improvements over the last ten years. The full basement is shared between the units and used for both laundry facilities as well as storage and heater area. In the rear is a lovely yard which likewise is shared by each of the tenants. As seen in the pictures each of the tenants takes very good care of their apartment and each of the kitchens and bathrooms have been updated and improved. Very nice condition. The first floor tenant coordinates all appointments. The listing agent has an interest in the property. The owner is a licensed real estate agent in New Jersey. Based on the market conditions this property has an awful lot to offer at this price!
- Listed by Stephen Matlack • Re/Max One RealtyP: 2159538800 stephen.matlack@gmail.com
Property Details for 1129 Cottman Avenue
Tax ID Number
561261400
OwnershipFee Simple
Structure TypeTwin/Semi-Detached
StyleTraditional
WaterfrontNo
GarageNo
MunicipalityPHILADELPHIA
Central AirNo
Location
LISTING UPDATED: 03/15/2024 12:01 AM
Property Details for 1129 Cottman Avenue
Status | Closed |
---|---|
MLS # | PAPH2222640 |
Days on Market | 272 |
Taxes | $4,167 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1953 |
Lot Size | 0.09 AC / 3,736 SF |
County | Philadelphia County |
Location
Building Information for 1129 Cottman Avenue
Stories-Residences3Year Built1953Building Size-Lot Size0.09 AC / 3,736 SF
Payment Calculator
$2,246 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1129 Cottman Avenue
Property History for 1129 Cottman Avenue
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 1129 Cottman Avenue
Taxable ValueLand$59,540Additions$238,160Total$297,700
Tax Record2023$4,167 ($347 / month)
Home Facts
Total Finished SqFt1,800 SqFtAbove Grade Finished SqFt1,800 SqFtStories3Lot Size3,736 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningRSA3CountyPHILADELPHIAAPN56-1-2614-00
Schools near 1129 Cottman Avenue
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 7 to 8 |
Rating | School | Distance |
---|---|---|
Crossan Kennedy C School PublicK to 5 | ||
Wilson Woodrow Middle School Public6 to 8 | ||
Northeast High School Public9 to 12 | ||
Meehan Austin Middle School Public7 to 8 |
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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