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Triplex student housing apartment building in University City. Walking distance to Drexel University and University of Pennsylvania. Unit A has 5 bedrooms 2 bathrooms. Unit B has 3 bedrooms 1 bathroom. Unit C has 3 bedroom 1 bathroom. The whole building is fully furnished. All tenants are Drexel and U Penn students. Currently 100% occupied to the end of July or August, 2020. Monthly rent $6005. This building has been always 100% rented since it was built in 2013. 10 years tax abatement to the year of 2024. At the current asking price, the net CAP rate is about 7.7%. This is a great investment opportunity in University City market! Call or text at 215-360-7811 to make appointment.

Property Highlights

Type

Multi-Family

Style

End of Row/Townhouse, Dwelling with Rental

Year Built

2013

Subdivision

WEST POWELTON

Inside City

Not Specified, PHILADELPHIA

County

PHILADELPHIA

Property Details for 4052 BARING ST

4052 BARING ST is a multi-family for sale in Philadelphia, PA 19104. This 2598.00 SQFT multi-family sits on a 0.03 acre lot and features 11 bedrooms and 4 bathrooms. Built in 2013, this multi-family has been on the market for a total of 4 months and is currently priced at $835,000.

Bedrooms

Bedrooms
11
Three Bedroom Units
3

Bathrooms

Full Bathrooms
4

Other Rooms

Basement
Full

Exterior

Spa
No
Roof
Flat
Pool
No Pool
View
City

Heating & Cooling

Central Air
Yes
Cooling
Central A/C
Cooling Fuel
Electric
Heating
Central
Heating Fuel
Natural Gas
Water Heater
Electric  /  Multi-tank

Services

Municipal Trash Service
Yes
Electric
120/240V
Water
Public
Sewer
Public Sewer
Available Utilities
Cable TV  /  Electric Available  /  Natural Gas Available  /  Sewer Available  /  Water Available

Parking

Parking
None

Building

Levels
3
Total SQFT
2598.00
Total Finished SQFT
3570
Above Grade Finished SQFT
3570
Property Sub Type
Multi-Family
Structure Type
End of Row/Townhouse
Architectural Style
Dwelling with Rental
Accessibility Features
None
Other Structures
Above Grade  /  Below Grade

Construction

Year Built
2013
New Construction
No
Construction Materials
Masonry

Lot

Acres
0.03
Lot SQFT
1360.00
Zoning
RSA5

Waterbody

Waterfront
No
View of Water
No
Waterbody Tidal
No

Community

Subdivision
WEST POWELTON
County
PHILADELPHIA

Schools

School District
THE SCHOOL DISTRICT OF PHILADELPHIA

Address

Address
4052 BARING ST, PHILADELPHIA, PA 19104
Street Address
4052 BARING ST
City
PHILADELPHIA
Zip
19104
Latitude
39.95999146
Longitude
-75.20439148
State
PA

Pricing

Sale Type
Sale
Price
$835,000
Price Per SQFT
$233.89

Status

MLS ID
PAPH509984
Status
Active
Published Date
January 10, 2019
Modified Date
May 17, 2019 at 9:42 AM

Taxes & Assessments

City Tax
410.00
County Tax
0.00
School Tax
498.0
Tax Assessed Value
571600.0
Tax Lot
144
Tax Year
2019
City Tax Frequency
Annually
County Tax Frequency
Annually

Terms

Inclusions
All fixtures and furniture included.

Source

Agent
PHILLIP ZHAO
Agent Phone Number
2153607811
Office
Liberty Real Estate
Data Source
Bright MLS
Data Disclaimer
Copyright 2018 Bright MLS, All Rights Reserved. Information deemed reliable but not guaranteed. The property information is provided for personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be offered for sale because they are for instance, under contract, sold or are no longer being offered for sale. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Bright MLS. Real estate listings held by brokerage firms other than Copper Hill Real Estate, LLC will include the name of the listing broker(s) when required by the MLS.