1221 WAGNER AVE Active

Philadelphia,PA 19141

$ 239000

6 Beds

2 Baths

3024 SqFt


Key Details

Property Type Townhouse

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,024 sqft

Price per Sqft $79

Subdivision Fern Rock

MLS Listing ID PAPH2417396

Style Colonial

Bedrooms 6

Full Baths 2

Year Built 1940

Tax Year 2024

Lot Size 3,052 Sqft

Property Description

Investment Property with Reliable Income! Huge 6 bed 2 full bath home with a basement, fully occupied, on a large corner lot. Oversized porch, fireplace and big bedrooms upstairs. Updated 200 amp electric, gas water heater, radiator oil heat. The property is currently leased to a professional property management company that manages over 20 properties. They guarantee a monthly rental income of $1,800 ($21,600 annually) and handle all utilities, maintenance, and repairs, with the landlord covering material costs only, as necessary. The management company also oversees subleasing, offering the owner a dependable, hands-off income stream. Property is being sold in as-is condition and Buyer is responsible for all municipal certifications. This property can also be purchased as part of a 3 property portfolio package including 3539 N Marvine St, Philadelphia and 5129 N 10th St, Philadelphia which is producing a combined $69,600 annually. The asking price for all 3 properties is $600,000.

Location

State PA

County Philadelphia

Area 19141 (19141)

Zoning RSA3

Rooms

Other Rooms Living Room,Dining Room,Bedroom 2,Bedroom 3,Bedroom 4,Kitchen,Bedroom 1,Laundry,Storage Room,Half Bath

Interior

Hot Water Electric

Heating Radiant

Cooling Wall Unit

Flooring Wood

Laundry Lower Floor,Basement

Exterior

Exterior Feature Wrap Around,Enclosed,Porch(es)

Fence Other

Utilities Available Cable TV

Water Access N

Roof Type Flat

Building

Lot Description Corner,Front Yard,Rear Yard,SideYard(s)

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Special Listing Condition Standard

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