Philadelphia, PA 19104,4418 MARKET ST
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Philadelphia, PA 19104,4418 MARKET ST
Philadelphia, PA 19104,4418 MARKET ST
Philadelphia, PA 19104,4418 MARKET ST
Philadelphia, PA 19104,4418 MARKET ST

$390,000

Est. payment /mo

$400,000

2.5%
Est.Price: ?

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4418 MARKET ST Philadelphia, PA 19104

1,280 SqFt

SOLD DATE : 09/24/2024

Key Details

Sold Price $390,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,280 sqft

Price per Sqft $304

MLS Listing ID PAPH2332058

Sold Date 09/24/24

Style AirLite

Abv Grd Liv Area 1,280

Originating Board BRIGHT

Year Built 2005

Annual Tax Amount $1,731

Tax Year 2023

Lot Size 2,079 Sqft

Acres 0.05

Property Description

Welcome to your opportunity to own a prime slice of West Philadelphia real estate! This charming 2005 duplex is nestled in a coveted location, perfect for savvy investors or owner occupants looking to offset mortgage costs. With two separate UPDATED units, a 1 bedroom (great for an owner) and a 2 bedroom, this duplex offers versatility and income potential. Each unit features hard wood floors, newer appliance, ample sunlight and easy access to center city or the suburbs. The layout is designed for both comfort and functionality, providing an inviting space for residents. The property's prime location ensures easy access to an array of amenities, including shops, restaurants, parks, and public transportation options. Whether you're strolling through the vibrant streets of West Philly or commuting to downtown, convenience is at your doorstep. Investors will appreciate the opportunity for rental income in this highly sought-after area, while owner occupants can enjoy the benefits of living in one unit while renting out the other to help cover expenses. Rents for 1 bedrooms in the area easily clear $1300 and for 2 bedrooms $1800+ which puts the estimated cap rate at an attractive 7.5%+ There is also a MASSIVE apartment complex expected to be build on the corner a few doors down, which is sure to increase rents/rentability of the units. Don't miss out on this chance to own a piece of West Philadelphia's thriving real estate market. Schedule a viewing today and seize the opportunity to make this duplex your own!

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning CMX2

Interior

Hot Water Other

Heating Hot Water

Cooling Ceiling Fan(s)

Flooring Hardwood

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style AirLite

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 272003900

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional, Other, FHA

Listing Terms Cash, Conventional, Other, FHA

Financing Cash,Conventional,Other,FHA

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jason Wittenstein • KW Empower
Bought with Francisco Michaud • KW Empower

Nancy Gowan

Advisor | License ID: 669926

+1(858) 603-2774

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