Price Reduction
Listed By:
EXP Realty, LLC
Address
559 13Th Avenue, Prospect Park, PA
Price
$ 377,500
Property Attributes
  • MLS#PADE2066954
  • TypeMulti-Family
  • CountyDELAWARE
  • CityProspect Park
  • AreaProspect Park Boro
  • Zip19076
  • StyleColonial
  • Year Built1920
  • Taxes$ 6782
  • Price$ 377,500
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.21 Acres
Data Source:
Bright MLS
Property Description

Solid, income producing, Colonial-designed, corner lot Triplex in neighborly Prospect Park. Approximately $39K annual rental income! Includes large, 2 car garage rented to long time off-site renter for $250/mo. Coin operated washer and dryer also provides extra income. Separately metered landlord pays public electricity and water (approx. $125- $150/mo. total). First floor is a large 2 BR, 1 bath unit with beautiful sun porch, 2 large bedrooms, bathroom with tub/shower, smartly laid out kitchen, and a sunny, skylit dining room/den leading out to a large back deck and lawn. Direct indoor access to basement for laundry. Central air, gas heat and stove. 2nd floor is a bright 1 BR, 1 Bath with original hardwood floors, living room, bedroom, bathroom with tub/shower, and good sized eat-in kitchen including a dishwasher. Recently installed electric HVAC unit for central air and heat. 3rd floor is a small 1 BR, 1 bath apartment including kitchen, bathroom with shower, and bedroom with new laminate flooring. Electric baseboard heat. Window unit air conditioning. Newer windows throughout. Basement includes coin-operated, electric washer and dryer, utility sink, and 3 storage closets. Friendly and well established neighborhood featuring a Community pool 2 blocks away; Prospect Park retail area within 1 mile; Regional rail train station to Center City Philadelphia within 1 mile; 5 minute drive I-95 on-ramp and a 15 minute drive to Philadelphia International Airport. and an ice cream truck in the summer!

Price History
5/7/2024 Listed $395,000
6/24/2024 5% - $377,500

General Features

Sewer Public Sewer
Heating Forced Air,Baseboard - Electric
Cooling Central A/C
Possession Immediate
Zoning RESIDENTIAL
Garage Spaces 2.00
Architectural Style Colonial
Construction Materials Vinyl Siding
School District INTERBORO
Exclusions All personal belongings of the Tenants as well as the Refrigerator in Unit #1.
Year Built 1920
Property SubType Triplex
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Gross Income 37530.00
OwnerPays Common Area Maintenance,Lawn/Shrub Care,Management,Repairs,Taxes - Personal property
Accessibility None
County DELAWARE
Net Operating Income 21463.00
Operating Expense 16067.00
Insurance Expense 2030.00
New Construction No
Property Type Multi-Family
MaintenanceExpense 3742.00
Garage Y/N Yes
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions Take Baltimore Pike to Kedron Ave. Head south on Kedron Ave to 13th Ave. Make a left on 13th Ave. House on left.
ModificationTimestamp 2024-06-24T16:42:54
City PROSPECT PARK
Buyer Agent Compensation 3
NumberOfUnitsTotal 3
MLS Area Prospect Park Boro (10433)
Lot Size Units Square Feet
Lot Size Square Feet 9148.00
Tax Assessed Value 198450.0
Waterfront Y/N No
Number of Units Leased 3
Tax Annual Amount 6782.0
Home Warranty Y/N No
Property Condition Very Good
Two Bedroom 1
Structure Type Detached
One Bedroom Units Count 2
Price Per Sq Ft Total AG 175.91
Acceptable Financing Cash,Conventional,FHA
Rent Control Y/N No
Vacation Rental Y/N No
Total SQFT 2146
Days on Market 47
Lease Type Month to Month
Standard Status Active
Year Built Source Assessor
Tax Lot 609-000
Total Actual Rent 37530.00
Cap Rate 5.40
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Total Fireplaces 1
Hot Water Natural Gas,Electric
Total Stories 3
Heating Y/N Yes
Fireplace Y/N Yes
Central Air Y/N Yes
LivingAreaSource Assessor

Exterior Features

Pool No Pool
Water Source Public
Inclusions All appliances belonging to the Landlord
Total Parking Spaces 6
Garage Features Additional Storage Area,Garage - Side Entry
Type of Parking Driveway,Detached Garage,On Street
Land Use Code R-30
Foundation Details Stone
Water View Y/N No
Lot Dimensions 62.50 x 150.00
Lot Size Acres 0.21
Lot Size Source Assessor
Land Assessed Value 56880.00
Navigable Water Y/N No
Water Oriented Y/N No
# of Detached Garage Spaces 2
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19076

Price
AVG $360K
$380K
Taxes
AVG $5,359
$6,782
Visits
AVG 186
178
Data Provided by Inside Real Estate®
Year Built
AVG 1951
1920

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