194 Krams Avenue

Philadelphia, PA 19127

$425,000
Last Sold Price
Beds
4,000 Sq. Ft.
$106 / Sq. Ft.
4,000
Sq. Ft.
$106
per Sq. Ft.

Description

This Duplex with 6 CAR PARKING is an ABSOLUTE CASH COW! HUGE duplex, zoned commercial and residential mixed use,just a few short blocks to Main Street, 76, and the regional rail. This property goes from block to block with over 4,000 sq ft over 3 levels. Off street parking for 6 cars makes finding tenants much easier due to difficult manayunk parking. Lots of possibilities for future development for this property; condos, commercial uses, or add a single staircase in the 1br unit and you will have...This Duplex with 6 CAR PARKING is an ABSOLUTE CASH COW! HUGE duplex, zoned commercial and residential mixed use,just a few short blocks to Main Street, 76, and the regional rail. This property goes from block to block with over 4,000 sq ft over 3 levels. Off street parking for 6 cars makes finding tenants much easier due to difficult manayunk parking. Lots of possibilities for future development for this property; condos, commercial uses, or add a single staircase in the 1br unit and you will have 2 large 4 bedroom houses to rent. Unit 1 is a 700 sqft one bedroom apartment with access to the enormous basement. This apartment is currently vacant and tenant just vacated - paying $1200 per month. Unit 2 is a huge 3300 sq ft house with 7 large bedrooms, 2 full kitchens, 3 full baths, 2 living rooms over 3 levels of space. In the recent past (2019) this unit was rented for as much $4500/mo. The 6 parking spaces have been rented for between $100-$200/mo adding even more potential income to this property. Utility bills can be obtained to see operating costs. Property taxes are low at $4,350/yr. the property has new hot water heaters recently installed and a new main line sewer line for $6000. The roof has been seal coated and ready for the new owner.
  1. Listed by Robert Hulmes • RE/MAX Ace Realty
    P: 2152626559 homesweethulmes@gmail.com

Property Details for 194 Krams Avenue

Tax ID Number
211390900
Ownership
Fee Simple
HOA
No
Structure Type
End of Row/Townhouse
Style
Converted Dwelling
Waterfront
No
Garage
No
Municipality
PHILADELPHIA

Location

Listing Courtesy of RE/MAX Ace Realty

Sold By Century 21 Veterans

Add your commute
LISTING UPDATED: 09/08/2022 03:29 PM

Property Details for 194 Krams Avenue

StatusClosed
MLS #PAPH921082
Days on Market232
Taxes$4,352 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.05 AC / 2,209 SF
CountyPhiladelphia County

Location

Listing Courtesy of RE/MAX Ace Realty

Sold By Century 21 Veterans

Add your commute

Building Information for 194 Krams Avenue

Stories-Residences2Year Built1900Building Size-Lot Size0.05 AC / 2,209 SF

Payment Calculator

$2,682 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,319

Property Taxes

$363

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 194 Krams Avenue

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19127 (19127)
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: 2021
  • Tax Assessed Value: $310,900
  • Year Assessed: 2021
  • Improvement Assessed Value: $264,322
  • City Town Tax: $1,964
  • Land Assessed Value: $46,578
  • Clean Green Assessed: No
  • Land Use Code: U50
  • Zoning: CMX1
  • Tax Lot: 347
  • School Tax: $2,388
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Rent Spree Online Application: No
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 2
  • Units Leased Count: 0
Financial Information
Financial Information
  • Annual Rental Income: $7,000
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 4,000.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 22.09 x 100.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 998808
Parking
Parking
  • Type Of Parking: Off Street, Parking Lot
  • Off Street - # of Spaces: 6
  • Parking Features: Crushed Stone
Interior Features
Interior Features
  • Fireplaces Count: 0
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: None
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 194 Krams 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 194 Krams Avenue

Taxable ValueLand$64,000Additions$256,000Total$320,000
Tax Record2023$4,479 ($373 / month)
Home Facts
Total Finished SqFt3,682 SqFtAbove Grade Finished SqFt3,682 SqFtStories1Lot Size2,209 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningCMX1CountyPHILADELPHIAAPN21-1-3909-00

Schools near 194 Krams Avenue

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Dobson James School
PublicK to 8

Roxborough High School
Public9 to 12

AMY Northwest
Public6 to 8

Saul W B Agricultural School
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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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.

Listing Courtesy of RE/MAX Ace Realty

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.