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Off market

Buy a houseat 5338 RIDGE AVENUE, PHILADELPHIA, PA 19128

$299,000

$0/mo

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Multifamily

1,322 Sq. Ft.

2,178 Sq. Ft. lot

512 Days on market

PAPH2173706 MLS ID

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About 5338 RIDGE AVENUE house

BACK ON THE MARKET >>>Total Turn Key duplex and start collecting rent 1st day of ownership. Both units are occupied and easy to show. The duplex front door leads to the very large 1 bedroom on the 2nd floor. The side entrance gives access to the 1st floor 2 bedroom unit that also includes the basement for additional storage and rear year. Both leases are through 6/30/2023 and would renew the lease if offered, collecting a total of $2400 per month. Several new construction in the area, this is a gem and great investment.
BACK ON THE MARKET >>>Total Turn Key duplex and start collecting rent 1st day of ownership. Both units are occupied and easy to show. The duplex front door leads to the very large 1 bedroom on the 2nd floor. The side entrance gives access to the 1st floor 2 bedroom unit that also includes the basement for additional storage and rear year. Both leases are through 6/30/2023 and would renew the lease if offered, collecting a total of $2400 per month. Several new construction in the area, this is a gem and great investment.

Property details

House

1,322 sqft living area

Built in 1930

Structure Type: Twin/Semi-Detached

2 units in building

Traditional

Masonry

Cooling

None

None

Heating

Natural Gas

Hot Water

Income

Gross Income: $28,800

Gross Scheduled Income: $28,800

Net Operating Income: $24,700

Apartment Rentals

Listing

70 days on market

$226 per sqft

Property Sub Type: Duplex

Location

Municipality: PHILADELPHIA

County: Philadelphia

MLS Area: 19128 (19128)

Lot

2,296 sqft

Lot Size Dimensions: 33.00 x 77.00

0.05 acres

Property

Other Structures: Above Grade,Below Grade

1 one-bedroom unit

1 two-bedroom unit

Schools

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Sewer

Public Sewer

Taxes

City/Town Tax: $1,838

City/Town Tax Pymnt Freq: Annually

School Tax: $2,235

Tax Annual Amount: $4,074

Tax Year: 2023

Utilities

Hot Water: Electric

Monthly cost

Estimated monthly cost

$2,110/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$281,060

+$8,970

$290,030

Seller agent commission$8,970 (3%)*

$0 (0%)

Buyer agent commission$8,970 (3%)*

$8,970 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $8,970 more selling your home
with an Unreal Estate agent

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State

  • Real Estate for Sale in Pennsylvania

Unreal Estate checked: Aug 8, 2023 at 4:32 p.m.

Data updated: Feb 1, 2023 at 9:41 a.m.

Courtesy of Joshua G Schlachterman, RE/MAX Services
This content last updated on 02/01/2023.
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available.
Listing Information © 2024 BrightMLS. All Rights Reserved.

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