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Price Reduction
Address
417 W Queen Lane Philadelphia, PA
Price
$ 489,000
Property Attributes
  • MLS#PAPH966856
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19144
  • NeighborhoodGERMANTOWN
  • Zip19144
  • Style
  • Year Built1900
  • Taxes2840
  • Price$ 489,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5,663 SqFt
Listing Provided Courtesy Of:
BHHS Fox & Roach-Art Museum
Property Description

"Investor Alert!! Come see this 7 unit Cash Cow in up and coming Germantown. Legally zoned for 7 studios there are currently 6 leased units, with room to grow with one unit in need of renovation. The monthly rent roll is currently roughly $4,000/mo. with operating expenses of about $700.mo., for a 6.6 % cap rate. Leases available upon request. Great location, walking distance to Queen Lane Train Station, Kelly Drive, Drexel Medical School & Jefferson University. Come schedule your showing today, Seller Motivated and will consider all serious offers. This is an "as-is" sale. Don?t miss out on this one! "

Price History
11/25/2020 Listed $499,000
1/4/2021 3% - $489,000

General Features

Accessibility None
Architectural Style Other
Construction Materials Masonry
Cool Fuel Electric
Cooling Window Unit(s)
County PHILADELPHIA
Days on Market 60
Garage Y/N No
Heating Other
High School District THE SCHOOL DISTRICT OF PHILADELPHIA
MLS Area 19144 (19144)
New Construction No
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Possession Negotiable
Price Per Sq Ft 107.12
Property SubType Other
Property Type Multi-Family
Real Estate Owned Y/N No
Sewer Public Sewer
Single Room Units Count 6
Structure Type Detached
Subdivision Name GERMANTOWN (WEST)
Tax Annual Amount 2840.0
Tax Lot 3
Tax Year 2020
Total Units 4
Vacation Rental Y/N No
Water Access Y/N No
Zoning RSA5

Interior Features

Basement Unfinished
Basement Y/N Yes
Central Air Y/N No
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric
Living Area 4565
Total Rooms 7

Exterior Features

Lot Dimensions 25.00 x 230.90
Lot Size Acres 0.13
Lot Size Source Assessor
Lot Size Square Feet 5773.00
Navigable Water Y/N No
Pool Y/N No Pool
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

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

Property vs Zip Code Average in 19144

Price
AVG $250K
$490K
Taxes
AVG $1,705
$2,840
Visits
AVG 12
29
Year Built
AVG 1912
1900
Walkscore
AVG 76
69
Data Provided by Walkscore ® not using MLS data

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