5818 WOODCREST AVE Philadelphia, PA 19131
UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,436 sqft
Price per Sqft $281
Subdivision Wynnefield
MLS Listing ID PAPH2590546
Style Straight Thru
Abv Grd Liv Area 1,436
Year Built 1925
Annual Tax Amount $6,086
Tax Year 2025
Lot Size 1,306 Sqft
Acres 0.03
Lot Dimensions 16.00 x 80.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
Please note the photos are from before the units were occupied. All units are currently occupied – two with month-to-month leases (the 3br at $1,350 and the 1 br at $800, the 2br at $1,250 expires in July, the garage has 7 years left on a on a 10 year lease at $100). The apartment rents are significantly under market for the area. Once the units were leased only one unit was vacant and that was for about a week. It is a very marketable area and property.
This property also offers an excellent opportunity for a potential Owner Occupant. Two of the units (the 2 or 3 br and the 1 br) could cover all but roughly $600 of a mortgage payment – the owner occupant would have a 2br or 3br apartment in Wynnefield for about $600 in a very nice neighborhood.
The property works for an investor interested in immediate cash flow and value appreciation or an owner occupant looking for affordable housing and value appreciation.
Close to St Joe's, City Avenue, the River Drives, Schuykill Expressway and public transportation
Location
State PA
County Philadelphia
Area 19131 (19131)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Equipment Microwave, Oven/Range - Gas, Refrigerator
Fireplace N
Appliance Microwave, Oven/Range - Gas, Refrigerator
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Above Ground Finished SqFt 1436
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 522145900
Ownership Fee Simple
SqFt Source 1436
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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