Property

Philadelphia, PA 19148 2329 S 12Th Street

Pending
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Presented By: RE/MAX @ HOME
  • MLS# PAPH2362950
  • 06/07/2024
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  • Beds • 3

Home Details

Attention Investors! Discover an incredible opportunity with this corner property configured as a Tri-Plex in the sought-after Lower Moyamensing neighborhood. This property features three distinct units, each with its own separate entrance, and tenants are responsible for their utilities except for water. Currently, one of the units is occupiedthe front studio on the first floor. Unit #1, located at the front of the first floor, is a spacious studio rented for $550/month. It is comfortably carpeted and includes a kitchenette. In the rear of the first floor is Unit #2, a bright one-bedroom, one-bath apartment with a full eat-in kitchen. This unit features hardwood floors in the living area, tile in the kitchen, and a full bathroom with a tub, toilet, and sink. The bottom units share a washer and dryer conveniently located in the basement, accessible through the side door on Fitzgerald St. Unit #3 occupies the entire second level and offers two generous bedrooms, a large kitchen, and the luxury of its own in-unit washer and dryer. This unit also boasts a private deck for relaxing or entertaining, with carpeting throughout except for the beautifully tiled kitchen and bathroom areas. This property represents a fantastic opportunity for investors to add a cash-flowing multi-family property to their portfolio in the growing Lower Moyamensing area. It also presents an excellent chance for an owner-occupant looking to live in one unit while renting out the others to offset living expenses. The seller is willing to provide a home warranty for added peace of mind. With a Walk Score of 91, daily errands can be accomplished without a car. The Transit Score of 79 indicates excellent transit options, and the Bike Score of 85 highlights the area's great biking infrastructure. Nearby dining options include Johnnie's Italian Specialties, Not Just Pizza, Bomb Bomb Bar-B-Que Grill, and Tamdoori of India. Educational institutions such as City Kids Christian School, Our Lady of Hope, and South Philadelphia High School are in close proximity. For groceries, you'll find Guido's Market, My Son's Fruit and Produce, and 10th & Snyder Grocery Store nearby. The property is just a minute away from the Broad Street Line Snyder Station stop and close to parks like Weinberg Park and Mifflin Square. Situated in a prime location with easy access to public transportation and Marconi Park, this Tri-Plex is a fantastic investment opportunity. Dont miss outschedule a showing today to secure this gem in a highly desirable area!
Presented By: RE/MAX @ HOME

Interior Features for 2329 S 12Th Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
BasementFull, Partially Finished
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Stories2

General for 2329 S 12Th Street

Acceptable FinancingCash, Conventional, FHA, VA
AccessibilityNone
Architectural StyleConverted Dwelling
Association Recreation FeeN
CityPHILADELPHIA
Construction MaterialsBrick
Cool FuelElectric
CoolingWall Unit
CountyPHILADELPHIA
DirectionsComing from the east side of Snyder Ave, go straight and turn left onto S 12th St. Continue driving until you reach Fitzgerald St. The property is the corner property on the left, right after Fitzgeral
ExclusionsTenant's belongings
Exterior FeaturesStreet Lights, Sidewalks
FULLFee Simple
Garage Y/NNo
HeatingForced Air, Steam
Historic Y/NNo
Home Warranty Y/NYes
Location TypeUrban
Lot Size Square Feet1072.00
Lot Size UnitsSquare Feet
MLS Area19148 (19148)
ModificationTimestamp2024-12-10T09:10:41
MunicipalityPHILADELPHIA
New ConstructionNo
Number of Units Leased1
NumberOfUnitsTotal3
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 3
PossessionImmediate
Price Per Sq Ft Total AG177.85
Property SubtypeTriplex
Property TypeMulti-Family
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count1
Standard StatusPending
StatusPENDING
Structure TypeEnd of Row/Townhouse
Subdivision NameLOWER MOYAMENSING
Tax Annual Amount4850.0
Tax Assessed Value346500.0
Tax Year2023
Total Actual Rent6600.00
Total SQFT1968
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Commuter Rail Station less than 1 mile
Two Bedroom1
Vacation Rental Y/NNo
ViewStreet
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1925
Year Built SourceEstimated
ZoningRSA-5

Exterior for 2329 S 12Th Street

Foundation DetailsBlock
Land Assessed Value69300.00
Land Use CodeU30
Lot Size Acres0.02
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
SpaNo
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Schools

Middle School N/A
Elementary School N/A
High School South Philadelphia High School

Charles Torres

Owner
Price $350,000
MLS#PAPH2362950
List Date 06/07/2024
Property Type Pending
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