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Price Reduction
Address
1901 W Olney Avenue Philadelphia, PA
Price
$ 2,175,000
Property Attributes
  • MLS#PAPH987928
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19141
  • Zip19141
  • StyleTraditional
  • Year Built1925
  • Taxes1972
  • Price$ 2,175,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,049 SqFt
Listing Provided Courtesy Of:
OCF Realty LLC
Data Source:
Bright MLS
Property Description

If you are looking to add significant cash flow then this 11 property portfolio of single family homes directly across the street from Lasalle University will work! All 11 properties are within 1-2 blocks of each other and are rented by Lasalle students for the remainder of this year with leases already signed for 2021-2022 school year. The location of these investments are ideal for Lasalle students which make it easy to keep constant occupancy. With a yearly gross rental income of $270,600 this equates to a 9 cap purchase which is impossible to find in this market! These homes are a mix of 3 and 4 bedrooms, 1-3 bathrooms, with the majority having parking available. Make an appointment right away to check these places out before they are sold! These properties will not be sold individually, package purchase only!

Price History
2/15/2021 Listed $2,275,000
4/9/2021 5% - $2,175,000

General Features

Accessibility None
Architectural Style Traditional
Construction Materials Masonry
Cool Fuel None
Cooling None
County PHILADELPHIA
Days on Market 57
Garage Y/N No
Heating Hot Water
High School District THE SCHOOL DISTRICT OF PHILADELPHIA
MLS Area 19141 (19141)
New Construction No
Other Structures Above Grade, Below Grade
Other Units Unit 1, Unit 2, Unit 4, Unit 5, Unit 8, Unit 3, Unit 6, Unit 7, Unit 9, Unit 10, Unit 10
Ownership Fee Simple
Possession 0-30 Days CD, 31-60 Days CD, 61-90 Days CD, 90-120 Days CD
Price Per Sq Ft 123.58
Property SubType Other
Property Type Multi-Family
Rent Control Y/N No
Sewer Public Sewer
Structure Type Interior Row/Townhouse
Tax Annual Amount 1972.0
Tax Lot 195
Tax Year 2020
Total Units 1
Vacation Rental Y/N No
Water Access Y/N No
Zoning RSA3

Interior Features

Basement Full
Basement Y/N Yes
Central Air Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Living Area 17600

Exterior Features

Lot Dimensions 28.75 x 106.00
Lot Size Acres 0.07
Lot Size Source Assessor
Lot Size Square Feet 3048.00
Navigable Water Y/N No
Pool Y/N No Pool
Total Parking Spaces 3
Type of Parking Driveway
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 19141

Price
AVG $590K
$2.18M
Taxes
AVG $1,544
$1,972
Visits
AVG 21
33
Year Built
AVG 1932
1925
Walkscore
AVG 82
81
Data Provided by Walkscore ® not using MLS data

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