1348 Orthodox Street
1348 Orthodox Street
$319,000
7
5
3,852
3,852
$83
Closed 7/11/22
Description
ATTENTION INVESTORS and FUTURE INVESTORS - 10% plus Cap Rate, 4 units with an owners bi-level apartment and basement access with legal fire alarm. This large quadraplex in the Northwood section of Northeast Philly is directly across from Overington Park, a 4 Acre oasis of graceful lawns, shady trees and flower gardens and right down the street from Frankford Select Friends School. The building was previously a large estate, before being transformed into a multi-family building years ago, but the...ATTENTION INVESTORS and FUTURE INVESTORS - 10% plus Cap Rate, 4 units with an owners bi-level apartment and basement access with legal fire alarm. This large quadraplex in the Northwood section of Northeast Philly is directly across from Overington Park, a 4 Acre oasis of graceful lawns, shady trees and flower gardens and right down the street from Frankford Select Friends School. The building was previously a large estate, before being transformed into a multi-family building years ago, but the original charm and character still exist today. The property is currently partially occupied and has almost 3,000 squares ft. of living space with 3 -1 bedroom apartments and an owners unit, a 4 bedroom bi-level apartment with 2 full bathrooms and a full basement. All separate utilities, water, electric and & gas are all tenants responsibility. Owner pays for cold water. Roof was just maintained in 2022, all water heaters were upgraded at the same time for each unit just a few years ago and each unit has its own heater which were all purchased at the same time as well. The owner resided here for years and took care of the building as his primary residence and not a rental. The property shows a positive income, projected to gross over $41k annually when fully occupied and a +10% Cap Rap with a +20% Cash on Cash Return. Only PAR agreements, no letters of intent.
- Listed by Anthony Joseph Krupincza • CG Realty, LLCP: 9145843219 anthony@campbellgerrard.com
Property Details for 1348 Orthodox Street
Tax ID Number
234059700
OwnershipFee Simple
Structure TypeTwin/Semi-Detached
StyleOther
WaterfrontNo
ViewsCity, Park/Greenbelt
GarageNo
Expected On Market Date05-22-2022
Location
LISTING UPDATED: 07/12/2022 10:43 AM
Property Details for 1348 Orthodox Street
Status | Closed |
---|---|
MLS # | PAPH2119592 |
Days on Market | 16 |
Taxes | $1,619 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1930 |
Lot Size | 0.10 AC / 4,187 SF |
County | Philadelphia County |
Location
Building Information for 1348 Orthodox Street
Stories-Residences4Year Built1930Building Size-Lot Size0.10 AC / 4,187 SF
Payment Calculator
$1,876 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1348 Orthodox Street
Property History for 1348 Orthodox 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 1348 Orthodox Street
Taxable ValueLand$59,000Additions$236,200Total$295,200
Tax Record2023$4,132 ($344 / month)
Home Facts
Total Finished SqFt2,952 SqFtAbove Grade Finished SqFt2,952 SqFtStories3Lot Size4,187 SqFtStyleMulti-Family Res (5+ Units)Year Built1930ZoningRSA3CountyPHILADELPHIAAPN23-4-0597-00
Schools near 1348 Orthodox Street
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 - | 5 to 8 |
Rating | School | Distance |
---|---|---|
Marshall John School PublicK to 5 | ||
Harding Warren G Middle School Public6 to 8 | ||
Frankford High School Public9 to 12 | ||
Middle Years Alternative School Public5 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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