Multifamily

$235,000

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6515 N Park Avenue

  • – beds
  • – baths
  • 2,408 sqft
  • 2,474 sqft lot
  • $97 per sqft
  • 1935 build

This fully rented multi-unit property at 6515 N. Park Ave in the East Oak Lane section of Philly is now available for its new owner. Each tenant currently has a month to month lease paying $750.00 which is well below market rental value and can easily be increased. The property is great for someone who would like to live rent free and have the tenants pay the mortgage and it is also good for an investor who would like to add an immediate cash flow producing property to their portfolio that is priced at a great price point. Buyer's and/or buyer's agents need to do their due diligence to confirm that the properties zoning meets their desired usage including how it is currently being used.

BRIGHT logo Listing courtesy of BRIGHT / Leverage Real Estate

Last checked: Checking… • Last updated May 10, 2021 •

MLS# PAPH1002520 —

Amenities & Taxes

The Building

Year Built:
1935
Year Built Source:
Assessor
New Construction:
No
Construction Materials:
Masonry
Structure Type:
Twin/Semi-Detached
Architectural Style:
Other
Building Units Total:
2
Accessibility Features:
None
Total SQFT Source:
Assessor
Total Below Grade SQFT Source:
Assessor
Tax Total Finished SQFT:
2408

Interior

Living Area SQFT Source:
Assessor

Room Dimensions

Total SQFT
2408
Living Area SQFT:
2,408 Sqft

Financial & Terms

Sale Type:
Standard
Acceptable Financing:
Cash, Conventional, FHA, VA
Possession:
Immediate

Location

Directions:
Take 66th Ave to Park Ave to property
Cross Street:
65th ave
Latitude:
40.05240631
Longitude:
-75.14029694

The Property

Property Type:
Multi-Family
Property Sub Type:
Triplex
Lot Size Acres:
0.06
Lot Size Source:
Assessor
Lot Size Dimensions:
21.00 x 117.82
Lot Dimensions Source:
Assessor
Lot SQFT:
2,474 Sqft
Other Structures:
Above Grade, Below Grade
Zoning:
RSA3
Water View:
No
Waterfront:
No
Navigable Water:
No
Water Access:
No
Water Oriented:
No
Lot Size Units:
Square Feet
Riparian Rights:
No
Land Use Code:
N50
Tidal Water:
No

Listing Agent

Contact info:

Taxes

Tax ID Number:
493234900
Tax Year:
2021
Tax Lot:
57
Tax Annual Amount:
$1,981
Tax Assessed Value:
$141,500
Year Assessed:
2021
School Tax
1087.0
City/Town Tax:
894.00
Total Taxes Pymnt Freq:
Annually

The Listing

Buyer's Brokerage Compensation:
3%
Buyer Agency Comp Type:
% Of Gross

Heating & Cooling

Cooling Fuel:
None
Cooling Type:
None
Central Air:
No
Heating:
Yes
Heating Type:
Baseboard - Electric
Heating Fuel:
Electric

Utilities

Sewer Septic:
Public Sewer
Hot Water:
Electric
Water Source
Public

Schools

School District Name:
The School District Of Philadelphia
School District Source:
Listing Agent

The Community

Pool:
No Pool

Parking

Type of Parking:
On Street
Garage:
No

Extra Units

Number Of Units:
3
Vacation Rental:
No
One Bedroom Units:
2
Two Bedroom Units:
1

Schools

Rating Details

Ellwood School

  • Public
  • K-5
  • 0.2 mi

General Louis Wagner Middle School

  • Public
  • 6-8
  • 0.4 mi

Martin L. King High School

  • Public
  • 9-12
  • 1.2 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Risk

  • FEMA Zone (est.):
  • Flood insurance:

Get an instant insurance quote

This property has minimal flood risk

This property has a . Although flood risks across the country are changing because of the environment, this property is unlikely to flood over the next 30 years.

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Sale history

Date Event Source Price % Change
5/10/21
Sold Subject To Contingencies BRIGHT $235,000
4/4/21
Listed / Active BRIGHT $235,000

Finding records…

No additional history available

If new records are added for this property, we’ll share them here.

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6515 N Park Avenue
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