1201 Windrim Avenue

Philadelphia, PA 19141

$265,000
Price
4
Beds
3
Baths
2,025 Sq. Ft.
$131 / Sq. Ft.
2,025
Sq. Ft.
$131
per Sq. Ft.

Description

Welcome to 1201 Windrim Ave, a remarkable triplex nestled in the sought-after Olney-Oak Lane neighborhood of Philadelphia. This investment property boasts a generous 2025 square feet of living space and occupies a double lot totaling 5000 square feet, offering ample room for future expansion or development.
Each of the three apartments within this property is currently occupied by long-term tenants, presenting a turnkey income opportunity for savvy investors. The first-floor unit features a spacious
...Welcome to 1201 Windrim Ave, a remarkable triplex nestled in the sought-after Olney-Oak Lane neighborhood of Philadelphia. This investment property boasts a generous 2025 square feet of living space and occupies a double lot totaling 5000 square feet, offering ample room for future expansion or development.

Each of the three apartments within this property is currently occupied by long-term tenants, presenting a turnkey income opportunity for savvy investors. The first-floor unit features a spacious one bed/one bath layout with a large wrap-around porch, private entrance, yard access, and original hardwood floors, currently rented at $775/month. The second floor hosts a two bed/one bath apartment with a kitchen, currently rented at $725/month, while the third floor offers a one bed/one bath apartment with a kitchen and spacious living area, currently rented at $750/month.

Conveniently located near public transportation, including the Broad Street subway, this property provides quick access to Center City, Temple University, and South Philadelphia's Sports and Entertainment Stadiums, ensuring its appeal to potential tenants. Additionally, its proximity to Jefferson Einstein Hospital, LaSalle University, and Central High School further enhances its desirability.

Distinctive features of this property include original hardwood floors with beautiful inlays, a large yard, and a shared entrance for the second and third-floor units. Separate meters for electricity and gas afford tenants individual responsibility for payments, while the owner covers water bills for the property.

Don't miss the opportunity to own this charming home with its unique, original features and excellent rental history. This is a rare chance to acquire a property with a steady income stream and the potential for subdivision on the double lot. Schedule a showing today and envision the possibilities that await at 1201 Windrim Ave.

Listing Agent

Property Details for 1201 Windrim Avenue

Tax ID Number
493009000
Ownership
Fee Simple
Structure Type
Detached
Style
Victorian
Waterfront
No
Garage
No
Expected On Market Date
02-02-2024
Municipality
PHILADELPHIA

Location

Add your commute
LISTING UPDATED: 04/08/2024 11:21 AM

Property Details for 1201 Windrim Avenue

StatusActive
MLS #PAPH2314504
Days on Market86
Taxes$2,935 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1940
Lot Size0.11 AC / 5,000 SF
CountyPhiladelphia County

Location

Add your commute

Building Information for 1201 Windrim Avenue

Stories-Residences3Year Built1940Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$1,691 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,446

Property Taxes

$245

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1201 Windrim Avenue

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 802785881492
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19141 (19141)
Waterfront / Water Access
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
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $209,700
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $167,760
  • City Town Tax: $1,324
  • Land Assessed Value: $41,940
  • Clean Green Assessed: No
  • Land Use Code: G56
  • Zoning: RSA3
  • Tax Lot: 50
  • School Tax: $1,610
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Water
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Leased Count: 3
  • Number Of Units Month To Month: 0
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Long Term
  • Beds Total: 1
  • Full Baths Count: 1
  • Total Rooms: 3
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Lease Type: Long Term
  • Beds Total: 2
  • Full Baths Count: 1
  • Total Rooms: 3
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 3
  • Unit Type Lease Type: Long Term
  • Beds Total: 1
  • Full Baths Count: 1
  • Total Rooms: 3
Financial Information
Financial Information
  • Gross Income: $27,000
  • Annual Rental Income: $27,000
  • Income Includes: Apartment Rentals
  • Cap Rate: 9.00
  • Existing Lease Type: Long Term
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 50.00 x 100.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1235567
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 1201 Windrim Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1201 Windrim Avenue

Taxable ValueLand$41,940Additions$167,760Total$209,700
Tax Record2023$2,935 ($245 / month)
Home Facts
Total Finished SqFt2,025 SqFtAbove Grade Finished SqFt2,025 SqFtStories3Lot Size5,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningRSA3CountyPHILADELPHIAAPN49-3-0090-00

Schools near 1201 Windrim Avenue

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Fitler Academics Plus
PublicK to 8

Girls High School
Public9 to 12

Central High School
Public9 to 12

Science Leadership Academy
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.

Similar Homes

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1201 Windrim Avenue is a multi-family home for sale in Philadelphia, PA 19141. This property was listed for sale on February 2, 2024 by Compass, it's currently listed at $265,000. It has been on the market for a total of 86 days and was last sold on January 4, 2008. This listing's school district is Philadelphia City School District. Nearby schools include Fitler Academics Plus, Girls High School and Central High School. 1201 Windrim Avenue is a 4-bed, 3-bath, 2,025 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.