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3128 W Montgomery Avenue, Philadelphia, PA 19121
$385,000
3128 W Montgomery Avenue, Philadelphia, PA 19121View this property at 3128 W Montgomery Avenue, Philadelphia, PA 19121
3128 W Montgomery AvenuePhiladelphiaPA19121
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Property Description
Here's an opportunity to add THREE (3) units to your rental property portfolio! Located at 3128 W Montgomery Avenue, this is a rare chance to acquire a fully occupied Triplex w/ a private rear driveway for at least one (1) car! This building was initially a full-gut renovation, and then once more updated in 2018 to modernize the kitchens and bathrooms. The Unit Mix of the building consists of Three (3) 1 Bed/1 Bath Units; the First Unit is the only unit that also has a Powder Room on the first floor, and exclusive entrance/exit access to the rear driveway. The driveway is currently being used by the First Unit tenant, however, no additional fee is being charged for its usage. Future owners of this building can begin to charge at least $200/M for parking. The units have a mixture of carpet, tile and hardwood flooring throughout. Kitchens are equipped with stainless steel appliances, tiled backsplashes, quartz countertops, and white shaker cabinetry. Each unit has been well maintained by the tenants w/ little to no deferred maintenance. Rent Roll on the building is as follows: Unit 1- $1,000/M | Unit 2- $900/M | Unit 3- $850/M (These rents are ALL UNDER-MARKET RATE! There's an opportunity to bump rents across the board by a couple hundred dollars each). Unit 1 and 2 are on Month-to-Month Leases; Unit 3 is on a standard yearly lease, ending on August 31st, 2023. This can be purchased for owner-occupants w/ an adequate Notice to Vacate.
Full Property Details
Full Property Details for 3128 W Montgomery Ave
General
- Sold For: $385,000
- Taxes: $4,207 (2022)
- Status: Closed
- Type: Triplex
- MLS ID: PAPH2224256
- Added to Site: 410 day(s) ago
Parking
- Total Spaces: 1
- Parking Features: Concrete Driveway, Fenced
- Parking Type: Driveway, Off Street
Location
- Area: 19121 (19121)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: Brewerytown
- Subdivision: Brewerytown
- Cross Streets: Between 31st St and 32nd St
- Driving Directions: Use GPS.
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: 60+ Gallon Tank
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Straight Thru
- Architectural Style: Straight Thru
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Fully Finished
- Foundation: Brick/Mortar
- Stories/Levels: 3
- Square Feet: 1,917
- Sq. Ft. Source: Assessor
- Living Area: 1,917 Sq. Ft.
- Finished Above Grnd: 1,917 Sq. Ft.
- Year Built: 1915
- Year Built Source: Assessor
Unit Information
- 1 Bedroom Units: 3
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,540
- Lot Size Source: Assessor
- Lot Dimensions: 15.00 x 100.00
- Zoning: RSA-5
Financial Considerations
- Price Per Sq. Ft.: $208.61
- Assessment Year: 2023
- School Tax: $2,308
- City/TownTax: $1,898
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $300,600
- Tax Amount: $4,207
- Tax Year: 2022
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1917
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 144
Listed by Keller Williams Philly, Daniel Tae Kim
Sold by BHHS Fox & Roach-Mullica Hill South, Maxwell Joseph Pryzwara
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Schools
Schools serving 3128 W Montgomery Ave
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
3001 W Berks St, Philadelphia, PA 19121 | K-8 | 0.2 mi | |
3133 Ridge Ave, Philadelphia, PA 19121 | 9-12 | 0.5 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 3128 W Montgomery Ave
Date
Details
Price
Change
Source
6/20/2023
Sold
$385,000
-3.73%
MLS
4/17/2023
Listed
$399,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3128 W Montgomery Avenue, Philadelphia, PA 19121 (MLS# PAPH2224256) is a Triplex property that was sold at $385,000 on June 20, 2023. Want to learn more about 3128 W Montgomery Avenue? Do you have questions about finding other Triplex real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.