Property

Philadelphia, PA 19143 1000 S 60Th Street

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Presented By: EXP Realty, LLC
  • MLS# PAPH2369622
  • 06/25/2024
  • Request Tour
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  • Beds • 5

Home Details

Attention all investors...This is a must see!!! Heres your opportunity to purchase a completed renovated, fully occupied, spacious triplex in the heart of the vibrant Cobbs Creek section of Philadelphia. This multi-unit is the perfect income producing property to add to your growing real estate portfolio. The rents in this area have been steadily increasing over the past few years. This property should easily net $1-2k profit per month. When you pull up to the property for the tour, you will notice the brand new white aluminum siding that clearly makes this property the standout of the entire block. The property has been completely revitalized and include multiple upgrades:, granite countertops in every kitchen, stainless steel appliances, new electric service, new plumbing, new water heaters and both furnaces have been certified by a licensed HVAC company. The 1 bedroom, 1 bath unit on the lower level, which is accessed through the side of the house, boasts luxury vinyl flooring that will greet you upon your entrance. The eat-in kitchen has brand new appliances, a sleek countertop and a huge Whirlpool refrigerator. Your eye will be drawn to the black accented drop ceiling that shows every detail of each unit was well thought out. The full bathroom offers a large shower with a mini octagon tile shower floor which gives it a very modern and sophisticated look. The first and second levels share a common area with a stunning painted exposed brick wall. Both units have 2 bedrooms and 1 bathroom with spacious living areas, new washer and dryer and modern eat-in kitchens with brand new appliances. You will find beautiful luxury vinyl flooring throughout the living areas, soft carpet in each bedroom along with modern ceiling fans. Each bathroom has a tub/ shower combo with marble tile floor with upgraded vanity and fixtures. There is plenty of storage in each unit and an abundance of windows that allow for ample sunlight during the day. Every unit has its own electric panel. The lower level unit runs completely on electric. There are 2 bus stops directly across the street from the property. Located only 3 miles from University City, 2 miles from the 69th street Terminal and only 20 minutes from the airport. Again, this is a great investment property to add to your real estate portfolio. These pictures were taken prior to tenant occupancy. Schedule a showing today!
Presented By: EXP Realty, LLC

Interior Features for 1000 S 60Th Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
BasementFully Finished, Interior Access, Outside Entrance, Side Entrance
Basement (Y/N)Yes
Central Air Y/NNo
FlooringLuxury Vinyl Plank, Luxury Vinyl Tile
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas, Instant Hot Water

General for 1000 S 60Th Street

Acceptable FinancingCash, Conventional, FHA, VA
Accessibility2+ Access Exits
AppliancesDryer - Electric, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
Architectural StyleTraditional, Bi-level
Buyer Agent Compensation2
Buyer Agent Compensation Type% Of Gross
CityPHILADELPHIA
Construction MaterialsMasonry, Brick
Cool FuelNone
CoolingCeiling Fan(s)
CountyPHILADELPHIA
Days on Market1
DirectionsThis property is located at the corner of 60th and Washington Avenue
Garage Y/NNo
HeatingRadiant
Insurance Expense1600.00
Interior FeaturesCarpet, Ceiling Fan(s), Kitchen - Eat-In, Tub Shower, Upgraded Countertops
Lease TypeLong Term, Month to Month
Lot Size Square Feet1800.00
Lot Size UnitsSquare Feet
MLS Area19143 (19143)
ModificationTimestamp2024-06-29T00:10:55
MunicipalityPHILADELPHIA
New ConstructionNo
NumberOfUnitsTotal3
NumberOfUnitsVacant
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
Percent OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG188.23
Property ConditionExcellent
Property SubTypeTriplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeEnd of Row/Townhouse
Subdivision NameCOBBS CREEK
Tax Annual Amount2891.0
Tax Assessed Value206600.0
Tax Lot4
Tax Year2023
Total Actual Rent52200.00
Total SQFT3621
Trash Expense600.00
Two Bedroom2
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1920
Year Built SourceEstimated
ZoningRSA3
Zoning Description3 Residential Units

Exterior for 1000 S 60Th Street

Foundation DetailsBrick/Mortar
Land Assessed Value41300.00
Land Use CodeN30
Lot Dimensions18.00 x 100.00
Lot Size Acres0.04
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Schools

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

Derrick Sims

Associate
Price $470,000
MLS#PAPH2369622
List Date 06/25/2024
Property Type Multi-Family
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