$225,000 Listed for $245,000

  • Residential Income /Row/Town/Clu
  • Closed
Courtesy of Holly Yablonovitz, BHHS Fox & Roach-Jenkintown
GREAT INVESTOR OPPORTUNITY!!! Keep the current tenants, or live on one floor and let the rent pay your mortgage. This corner brick duplex is located in the heart of NE. Philadelphia, 2 blocks from Castor & Cottman. All new 200 amp electric with separate meters and new fire alarm all to Phila. code, (a $9000 upgrade). Some new drywall, freshly painted, updated baths, new concrete, new garage roof and 1 year warranty on the main house roof. Each unit is identical with 2 bedrooms and 1 bathroom, with nice size living rooms and eat-in kitchens. The basement has been refinished and can be used for additional storage, a laundry room, or, change the zoning, and rent out the basement for an additional $475/month income. Both units as well as the basement have separate electric. Newer heaters and Hot water heaters. Garage is currently rented out separately for an additional $135/mo., but with the new finishes can be rented for more. Nothing to do except to collect the rents which are under priced as there have been no increases in two years.
Last updated on 12/14/2018
Courtesy of Holly Yablonovitz, BHHS Fox & Roach-Jenkintown

More Details for 7221 LORETTO AVE

Property Class: Multi-Family
Listing Status: Closed
State: PA
Zip: 19111
Area: Philadelphia – 19111
Class: Residential Income
Property Subtype: Row/Town/Clu
Approx Lot Size: 0.060
Lot Area Acre: 0.06
Property Age: 55
Listing#: 7081376
School District: Philadelphia
Tax Year: 2017
Taxes/Yr: $2,203 /2017

Features for 7221 LORETTO AVE

Basement Type: Full, Fully Finished
Entrance: Foyer
Exterior Features: Sidewalks, StreetLights
Garage Type: Attached
Heating: Gas, Baseboard
Parking: 3-CarParking, Street
Roof: PitchedRoof, ShingleRoof
Cooling: Wall Unit
Electric Service: 200-300AmpEl
Floor: Fully Carpeted, Vinyl
Garage Spaces: 1-CarGarage
Hot Water: Natural Gas
Laundry Type: NoLaundry
Sewer Septic: Public Sewer
Water: Public
Design: Duplex
Exterior: Brick
Foundation: Concrete
Handicap: None
Interior Features: CeilngFan(s), CableTVAvail
Property Condition: Average+Prop
Storage: Basement

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