Skip To Content

2217 N Park Avenue

PHILADELPHIA, PA 19132
  • $520,000
  • STATUS: Active
  • ON SITE: 48 Days
  • ID#: PAPH2038546
UPDATED: 59 min ago
$520,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,146
    SQFT
  • $242
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:

School Ratings & Info

Description

Welcome to 2217 N Park Ave. This property is being sold as a 3 property, 9-unit package for $1,560,000. The three properties are 2217 N Park Ave, 2252 N Park Ave, and 2128 N 16th. All three properties are located within the highly desirable Temple University submarket. Each property is a triplex consisting of 3 (3 beds 1 bath). The total unit count is 9 units with 27 beds. The rents are all provided in attached PDFs with an overview, value add, financing, and amortization schedule. Current rents are 25% below market value allowing the new owner to increase rents for the 2022-2023 school year which will yield immediate returns. The average unit rent can be increased to $1400. This package is perfect for a seasoned investor looking to add value to their portfolio, grow their Temple University footprint, and or for a new investor looking to get into student housing.

Monthly Payment Calculator



©2021 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 McCallister Myers & Associates. 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: 2021-12-08T15:52:58.777.
www.mma.homes/homes/122592781
Print Image

2217 N Park Avenue PHILADELPHIA, PA 19132

  • Price: $520,000
  • Status: Active
  • On Site: 48 Days
  • Updated: 59 min ago
  • ID#: PAPH2038546
0
Beds
0
Baths
0
½ Baths
0.03
Acres
2,146
SQFT
$242
$/SQFT
1915
Built
Neighborhood:
19132 (19132)
County:
Philadelphia
Area:
19132 (19132)
School District:
The School District Of Philadelphia
Property Description
Welcome to 2217 N Park Ave. This property is being sold as a 3 property, 9-unit package for $1,560,000. The three properties are 2217 N Park Ave, 2252 N Park Ave, and 2128 N 16th. All three properties are located within the highly desirable Temple University submarket. Each property is a triplex consisting of 3 (3 beds 1 bath). The total unit count is 9 units with 27 beds. The rents are all provided in attached PDFs with an overview, value add, financing, and amortization schedule. Current rents are 25% below market value allowing the new owner to increase rents for the 2022-2023 school year which will yield immediate returns. The average unit rent can be increased to $1400. This package is perfect for a seasoned investor looking to add value to their portfolio, grow their Temple University footprint, and or for a new investor looking to get into student housing.
Exterior Features

Architectural Style Traditional Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2146 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplaces Total 0 Heating Forced Air Heating YN Yes Single Room Units 0 Three Bedroom Units 3 Two Bedroom Units 0

Property Features

Accessibility Features None Assessment Year 2021 Central Air YN Yes Cooling Fuel Electric Foundation Details Slab Heating Fuel Electric Hot Water Electric Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 801122194596 Ownership Interest Fee Simple Possession Immediate0-30 Days Cd31-60 Days Cd Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 3500.00 Tax Assessment Amount 250000.00 Tax Lot 156 Vacation Rental YN No Water Source Public Zoning Rm1

Listing courtesy of Keller Williams Philly.


©2021 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 McCallister Myers & Associates. 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: 2021-12-08T15:52:58.777.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_801122194596-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_801122194596-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_801122194596-2.jpg
Logo
McCallister Myers & Associates
1512 E Market Street
York PA, 17403