Philadelphia, PA 19141,1311 MEDARY AVE
Philadelphia, PA 19141,1311 MEDARY AVE
Philadelphia, PA 19141,1311 MEDARY AVE
41
$690,000
$750,000
8.0%
Est.Price: ?

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6,800 SqFt

1311 MEDARY AVE Philadelphia, PA 19141

Est. payment /mo
SOLD DATE : 07/07/2020

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Key Details

Sold Price $690,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 6,800 sqft

Price per Sqft $101

Subdivision East Oak Lane

MLS Listing ID PAPH831832

Sold Date 07/07/20

HOA Y/N N

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $6,236

Tax Year 2020

Lot Size 5,390 Sqft

Acres 0.12

Lot Dimensions 55.00 x 98.00

Property Description

Huge price reduction...LOOKING TO INVEST YOUR MONEY IN AN OPPORTUNITY ZONE? Here is a well maintained, stand alone, separately metered, fully occupied 7 unit apt bldg in the beautiful East Oak Ln section of Phila that happens to fall in an opportunity zone. This building was renovated about 10 years ago, but all hot water heaters except for one are about 6 months to a year old. All units are spacious with high ceilings, central air, ceiling fans, and huge bathrooms. Kitchens are fully loaded with plenty of cabinetry, ceramic tile, granite countertops, and clean stainless steel appliances with breakfast bars in most apts. There is also a coin operated laundry site along with storage units for each apt in the basement. It is steps away from Community College, NW division, 5 miles away from Temple and Lasalle Universities, and convenient transportation and shopping. What an opportunity!

Location

State PA

County Philadelphia

Area 19141 (19141)

Zoning RSA2

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 881150639

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Cherise Wynne • Compass RE
Bought with Non Member • Non Subscribing Office

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