Skip To Content

1304 Oak Lane Avenue

PHILADELPHIA, PA 19126
  • $695,000
  • STATUS: Pending
  • ON SITE: 95 Days
  • ID#: PAPH2085722
Pending
UPDATED: 66 min ago
$695,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Ratings & Info

Description

This is an amazing opportunity to invest in a spacious 6 unit apartment building beautifully maintained and located in an area that draws the benefits of city as well as suburban living. The owners have invested in installing new siding as well as a new porch. A large back yard with a gazebo offers a serene place to enjoy the outdoors. The property also offers its own parking lot . Walk to public transportation on N Broad Street/Old York Road, CVS, Dunkin Donuts, as well as lots of shops and eateries. Rents: 1st floor one bedroom units are rented at $900 each. 2nd floor, 2 bedroom units rents are $1185 and $1040/month. The 3rd floor one bedroom units are rented at $869 and $835/month. The building management fee is 7%. Calling all investors. Do not miss this extraordinary opportunity to add to your portfolio.

Monthly Payment Calculator



©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Mackintosh Realty Inc. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-28T09:51:06.407.
www.sunrisehomesalesteam.com/homes/125998236
Print Image

1304 Oak Lane Avenue PHILADELPHIA, PA 19126

  • Price: $695,000
  • Status: Pending
  • On Site: 95 Days
  • Updated: 66 min ago
  • ID#: PAPH2085722
0
Beds
0
Baths
0
½ Baths
0.31
Acres
1925
Built
Neighborhood:
East Oak Lane
County:
Philadelphia
Area:
19126 (19126)
School District:
The School District Of Philadelphia
Property Description
This is an amazing opportunity to invest in a spacious 6 unit apartment building beautifully maintained and located in an area that draws the benefits of city as well as suburban living. The owners have invested in installing new siding as well as a new porch. A large back yard with a gazebo offers a serene place to enjoy the outdoors. The property also offers its own parking lot . Walk to public transportation on N Broad Street/Old York Road, CVS, Dunkin Donuts, as well as lots of shops and eateries. Rents: 1st floor one bedroom units are rented at $900 each. 2nd floor, 2 bedroom units rents are $1185 and $1040/month. The 3rd floor one bedroom units are rented at $869 and $835/month. The building management fee is 7%. Calling all investors. Do not miss this extraordinary opportunity to add to your portfolio.
Exterior Features

Construction Materials Masonry Garage YN No Parking Types Parking Lot Property Condition Very Good Riparian Rights YN No Roof Architectural Shingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 4100.00 Cooling Window Unit(S) Heating Baseboard - ElectricWall Unit Heating YN Yes Net Square Feet 13380.00

Property Features

Acceptable Financing FhaConventionalCash Accessibility Features None Annual Gross Expense 17034.00 Assessment Year 2022 Business Type Apartment Building Central Air YN No Cooling Fuel None Cross Street Old York Road Electric 200+ Amp Service Elevators 0 Gross Income 59622.05 Heating Fuel None Hot Water Electric Internet Services BroadbandFiber Optic Municipality Philadelphia Navigable Water YN N Net Operating Income 48843.00 New Construction YN No Number Of Units Total 6 Operating Expense 17034.00 Original MLSNumber 801353155096 Owner Pays Advertising/Licenses And PermitsCommon Area MaintenanceTaxes - Real EstateTrash CollectionSnow RemovalWater Ownership Interest Fee Simple Possession 0-30 Days Cd Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 3213.00 Tax Assessment Amount 229600.00 Tax Lot 3080 Total Actual Rent 69868.00 Utilities Electric AvailableWater Available Vacation Rental YN No Water Source Public Zoning Rsa2

Listing courtesy of Realty Mark Cityscape-Huntingdon Valley.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Mackintosh Realty Inc. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-28T09:51:06.407.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_801353155096-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_801353155096-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_801353155096-2.jpg
Logo
Mackintosh Realty Inc
262 W Patrick Street
Frederick MD, 21701