Price Reduction
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
Taxes
Visits
Year Built
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