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426 S 42ND Street

PHILADELPHIA, PA 19104
  • $795,000
  • STATUS: Active
  • ON SITE: 164 Days
  • ID#: PAPH2368980
UPDATED: 12 min ago
$795,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,150
    SQFT
  • $252
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Information

Description

Two BRAND NEW kitchens, EIGHT bedrooms, SO MANY possibilities-, have an extra floor for family and friends, create the group living you've always dreamed of, or live in one portion and rent the other. Investor? This fully rent to rent property has been successfully leased for 20 years, and that was *before* the new kitchens went in. This attractive Queen Anne twin on a tree-lined street in Spruce Hill has 8, count em EIGHT bedrooms. Zoned as a multi-family (duplex), the property could be owner occupied and the other unit rented out for consistent income, or two families could share the space, OR have an amazing extra space for family or friends OR use a floor for your art studio OR so many possibilities. The rooms are large, bright, and comfortable, with big windows and wood floors. The first floor unit starts in a huge living room with a massive front window and decorative fireplace, followed by a brand new eat-in kitchen, full bath, and 2 bedrooms. The second floor has 3 large rooms that could be living or bedrooms, and another full bath. The third floor is 2 bedrooms, another full bath, and the brand new kitchen for this unit. Then the finished attic provides yet another bedroom upstairs, for a total of 9 potential bedrooms or living spaces. There are lots of ways tenants or owners could utilize all of that space. The basement is unfinished, tall, and clean, with two water heaters, two HVAC systems (central air throughout), laundry for the building, and wired fire alarms/CO detectors. You could easily have a workshop or gym down there, with plenty of room for storage. The exterior of this property is gorgeous, with an inviting front porch, incredible brick detail, and a wide back patio for gatherings and enjoying the trees. The location is what really sets this opportunity apart, just a short distance from Penn, Drexel, Clark Park, and everything you want out of West Philly. And its not just in the coveted Penn Alexander catchment, the school is around the corner. If youre looking for a home with options, this is the one.

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©2024 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 ROSS | RESIDENTIAL | RE/MAX Realty Services. 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: 2024-12-04T12:53:33.987.
www.rossrem.com/homes/151946181
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426 S 42ND Street PHILADELPHIA, PA 19104

  • Price: $795,000
  • Status: Active
  • On Site: 164 Days
  • Updated: 12 min ago
  • ID#: PAPH2368980
0
Beds
0
Baths
0
½ Baths
0.07
Acres
3,150
SQFT
$252
$/SQFT
1930
Built
Neighborhood:
Spruce Hill
County:
Philadelphia
Area:
19104 (19104)
High School:
West Philadelphia
School District:
The School District Of Philadelphia
Property Description
Two BRAND NEW kitchens, EIGHT bedrooms, SO MANY possibilities-, have an extra floor for family and friends, create the group living you've always dreamed of, or live in one portion and rent the other. Investor? This fully rent to rent property has been successfully leased for 20 years, and that was *before* the new kitchens went in. This attractive Queen Anne twin on a tree-lined street in Spruce Hill has 8, count em EIGHT bedrooms. Zoned as a multi-family (duplex), the property could be owner occupied and the other unit rented out for consistent income, or two families could share the space, OR have an amazing extra space for family or friends OR use a floor for your art studio OR so many possibilities. The rooms are large, bright, and comfortable, with big windows and wood floors. The first floor unit starts in a huge living room with a massive front window and decorative fireplace, followed by a brand new eat-in kitchen, full bath, and 2 bedrooms. The second floor has 3 large rooms that could be living or bedrooms, and another full bath. The third floor is 2 bedrooms, another full bath, and the brand new kitchen for this unit. Then the finished attic provides yet another bedroom upstairs, for a total of 9 potential bedrooms or living spaces. There are lots of ways tenants or owners could utilize all of that space. The basement is unfinished, tall, and clean, with two water heaters, two HVAC systems (central air throughout), laundry for the building, and wired fire alarms/CO detectors. You could easily have a workshop or gym down there, with plenty of room for storage. The exterior of this property is gorgeous, with an inviting front porch, incredible brick detail, and a wide back patio for gatherings and enjoying the trees. The location is what really sets this opportunity apart, just a short distance from Penn, Drexel, Clark Park, and everything you want out of West Philly. And its not just in the coveted Penn Alexander catchment, the school is around the corner. If youre looking for a home with options, this is the one.
Exterior Features

Architectural Style Straight Thru Construction Materials Masonry Garage YN No Parking Types On Street Patio And Porch Features Porch(es) Pool No Pool Property Condition Very Good Roof Slate Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3150 Basement Unfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Flooring Wood Heating Forced Air Heating YN Yes Inclusions washerdryerrefrigeratorsappliances in as-is condition Interior Features 2nd Kitchen Rooms Total 14 Single Room Units 0 Spa YN No Three Bedroom Units 1 Two Bedroom Units 1 Units Furnished None

Property Features

Acceptable Financing CashConventionalFHAVA Accessibility Features None Central Air YN Yes Cooling Fuel Electric Cross Street Baltimore Avenue Elevators 0 Foundation Details Stone Gross Income 67378.32 Heating Fuel Natural Gas Hot Water Electric Insurance Expense 4029.50 Maintenance Expense 1340.77 Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Leased 0 Number Of Units Total 2 Number Of Units Vacant 2 Operating Expense 31745.39 Operating Expense Includes InsuranceTrash Original MLSNumber 803167876948 Ownership Interest Fee Simple Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 5515.00 Tax Lot 14 Total Actual Rent 64800.00 Trash Expense 500.00 Vacation Rental YN No Water Source Public Zoning RTA1 Zoning Description RTA1-Residential Two-Family Attached-

Listing courtesy of Elfant Wissahickon-Rittenhouse Square: .


©2024 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 ROSS | RESIDENTIAL | RE/MAX Realty Services. 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: 2024-12-04T12:53:33.987.
 
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