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2501 N Colorado Street, Philadelphia, PA 19132
$195,000
2501 N Colorado Street, Philadelphia, PA 19132View this property at 2501 N Colorado Street, Philadelphia, PA 19132
2501 N Colorado StreetPhiladelphiaPA19132
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Property Description
Welcome to 2501 N Colorado Street - your perfect turnkey investment opportunity! This meticulously maintained corner duplex offers an ideal scenario for savvy investors or those looking to generate rental income effortlessly. This property is a true gem, boasting a total renovation that includes new mechanicals, kitchens, bathrooms, floors, and more. Enjoy a maintenance-free investment experience with this thoughtfully updated duplex. Unit 1 features a comfortable 1 bed/1 bath layout and is currently rented for $750 per month. Meanwhile, Unit 2 offers a similarly appealing 1 bed/1 bath configuration, with a monthly rental income of $775. Both units are occupied by fantastic long-term tenants who consistently pay on time, ensuring a steady stream of income for the fortunate owner. Noteworthy is the arrangement where tenants cover all utilities, except for cold water, which is the responsibility of the landlord. This adds to the attractiveness of this investment, as it minimizes ongoing expenses and maximizes your return. Whether you choose to reside in one unit and rent out the other or simply enjoy the benefits of a hands-off investment, this property is primed for success. Act fast - opportunities like this don't linger on the market for long! Seize the chance to build equity effortlessly and secure your future with this fantastic duplex. Contact us today for a viewing before this remarkable investment slips away.
Full Property Details
Full Property Details for 2501 N Colorado St
General
- Price: $195,000
- Taxes: $4,337 (2022)
- Status: Active
- Type: Duplex
- MLS ID: PAPH2309806
- Updated: 2/12/2024
- Added to Site: 117 day(s) ago
Parking
- Parking Type: None
Location
- Area: 19132 (19132)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: Philadelphia (North)
- Subdivision: Philadelphia (North)
- Driving Directions: Huntingdon to Colorado
School Information
- School District: Philadelphia City
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Foundation: Brick/Mortar
- Stories/Levels: 0
- Square Feet: 1,110
- Sq. Ft. Source: Assessor
- Living Area: 1,110 Sq. Ft.
- Finished Above Grnd: 1,110 Sq. Ft.
- Year Built: 1915
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2
- 1 Bedroom Units: 2
Unit 1
- Unit Description: Unit 1
- Bedrooms: 1
Unit 2
- Unit Description: Unit 2
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 720
- Lot Size Source: Assessor
- Lot Dimensions: 15.00 x 48.00
- Zoning: RSA5
Financial Considerations
- Price Per Sq. Ft.: $175.68
- Assessment Year: 2023
- School Tax: $2,380
- City/TownTax: $1,957
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $309,900
- Tax Amount: $4,337
- Tax Year: 2022
- Tax Total Finished Sq. Ft.: 1110
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
Listed by KW Empower, Carlos Masip
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Schools
Schools serving 2501 N Colorado St
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
1501 W Diamond St, Philadelphia, PA 19121 | K-8 | 0.4 mi | |
Mastery Charter School At Gratz
1798 W Hunting Park Ave, Philadelphia, PA 19140 | 7-12 | 1.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2501 N Colorado St
Date
Details
Price
Change
Source
1/04/2024
Listed
$195,000
500%
MLS
12/16/2020
Sold
$32,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2501 N Colorado St
Year
Property Taxes
Change
Tax Assessment
Change
2021
$838
-81%
-100%
2023
$4,338
418%
$309,900
417%
2020
$838
3%
$59,900
3%
2019
$810
9%
$57,900
9%
2018
$745
—
$53,200
—
2017
$745
—
$53,200
—
2016
$745
4%
$53,200
—
2015
$713
—
$53,200
—
2014
$713
262%
$53,200
2539%
2013
$197
—
$2,016
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2501 N Colorado St
2501 N Colorado Street, Philadelphia, PA 19132 (MLS# PAPH2309806) is a Duplex property with 0 bedrooms and 0 full bathrooms. 2501 N Colorado Street is currently listed for $195,000 and was received on January 04, 2024. Want to learn more about 2501 N Colorado Street? Do you have questions about finding other Duplex real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.