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233 E Penn Street

PHILADELPHIA, PA 19144
  • $1,299,900
  • STATUS: Active
  • ON SITE: 67 Days
  • ID#: PAPH2120862
UPDATED: 21 min ago
$1,299,900
  • 0
    BEDS
  • 0.64
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

Welcome to 233 E Penn, also known as Alloa Place, a 12 unit apartment building. The converted mansion is comprised of 11 one bedroom units and 1 efficiency, most are rented below market rent. Listed as a 7.6 cap with a NOI of 97,977 in 2021, the building has a lot to offer, including coin operated laundry in the basement, am owner's storage space in the basement, separated utilities, and many original details still in tact. Tenants make use of on-site parking in the rear of the house, which easily handles 6+ cars. Some of the units have been updated while others have not, leaving the new owner room to add improvements. Videos of each individual unit are available. The building is located 2 blocks from Germantown Ave, and is located in a Federal Opportunity Zone. Reach out to the listing agent for more information and to schedule a showing.

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©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 Debbie Jett | Exp Realty. 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: 2022-08-09T22:01:08.42.
www.debbiejett.com/homes/129399552
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233 E Penn Street PHILADELPHIA, PA 19144

  • Price: $1,299,900
  • Status: Active
  • On Site: 67 Days
  • Updated: 21 min ago
  • ID#: PAPH2120862
0
Beds
0
Baths
0
½ Baths
0.64
Acres
1900
Built
Neighborhood:
Germantown
County:
Philadelphia
Area:
19144 (19144)
School District:
The School District Of Philadelphia
Property Description
Welcome to 233 E Penn, also known as Alloa Place, a 12 unit apartment building. The converted mansion is comprised of 11 one bedroom units and 1 efficiency, most are rented below market rent. Listed as a 7.6 cap with a NOI of 97,977 in 2021, the building has a lot to offer, including coin operated laundry in the basement, am owner's storage space in the basement, separated utilities, and many original details still in tact. Tenants make use of on-site parking in the rear of the house, which easily handles 6+ cars. Some of the units have been updated while others have not, leaving the new owner room to add improvements. Videos of each individual unit are available. The building is located 2 blocks from Germantown Ave, and is located in a Federal Opportunity Zone. Reach out to the listing agent for more information and to schedule a showing.
Exterior Features

Construction Materials Masonry Garage YN No Location Type Corner Lot/Unit Parking Features PrivateUnassigned Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 8117.00 Cooling None Heating Radiator Heating YN Yes Inclusions 2 Washers2 Dryers12 Refrigerators Net Square Feet 8117.00

Property Features

Acceptable Financing CashConventionalOther Accessibility Features 32"+ Wide Doors Assessment Year 2022 Business Type Apartment Building Central Air YN No Cooling Fuel None Cross Street Baynton Foundation Details Stone Heating Fuel Natural Gas Hot Water ElectricNatural Gas Municipality Philadelphia Navigable Water YN N Net Operating Income 97977.00 New Construction YN No Number Of Units Total 11 Original MLSNumber 801596517414 Ownership Interest Fee Simple Possession 0-30 Days Cd31-60 Days Cd61-90 Days CdNegotiable Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 9121.00 Tax Assessment Amount 651600.00 Tax Lot 201 Total Actual Rent 115440.00 Vacation Rental YN No Water Source Public Zoning Rsa3

Listing courtesy of Keller Williams Philly.


©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 Debbie Jett | Exp Realty. 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: 2022-08-09T22:01:08.42.
 
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