tomo logo

$285,000

Beds
6
Baths
2.0
sq ft
1,898

1710 N Willington St, Philadelphia, PA 19121

1710 N Willington St

PHILADELPHIA, PA 19121

  • 14 days on market
Lucrative Investment Opportunity near Temple University! Property is zoned RM-1 and can be converted to multifamily by right. This spacious 6 bedroom 2 full bath home consistently rented for $3,300/month + utilities prior to COVID. Two rooms are currently rented through June of 2022 for $1,100 per month + utilities. The location of this home is highly sought after by Temple University students due to proximity to the school, recent renovations, and police station on the block. This home hardwood floors throughout, spacious bedrooms and historic charm. The large backyard is a plus. This unique building has been renovated but still has upward potential. Do not miss this opportunity to purchase this amazing rental. Property is being sold "As-Is". House is tenant occupied so tours are only available between 12 and 2 on Saturdays.

Details

Property type

Townhouse

Est. home value

$328,124

Lot size

1,118 sq ft

Price per sq ft

$151

Year built

1915

Annual property taxes

$3,772

HOA

No

Price History

10/29/2024
Bright

Bright #PAPH2414954

Listed
$285,000
06/09/2024
Bright

Bright #PAPH2303982

Removed
$285,000
12/22/2023
Bright

Bright #PAPH2303982

Listed
$285,000

Schools & Community

Neighborhood: 

North Central

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PHILADELPHIA CITY

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$73,001
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$189,199
Cash to seller
$73,001

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

The Wilmington Savings Bank

Loan start date

November 2019

Original loan amount

$210,000

Est. remaining balance

$189,199

Interest rate

3.64%

Loan type

New Conventional, 30 year

Seller

Thomas Iacovino

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/12/2024 at 5:35 PM

Listing updated: 10/29/2024 at 4:49 PM

Listed by: Christopher J Carr, HomeZu Phone #: (855) 885-4663

MLS: Bright #PAPH2414954

Bright logo

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