tomo logo

$225,000

Beds
3
Baths
1.0
sq ft
1,020

1937 S Croskey St, Philadelphia, PA 19145

1937 S Croskey St

PHILADELPHIA, PA 19145

  • 40 days on market
Unique opportunity to own THREE homes on the same growing block. Modern renovated rental portfolio - 1912, 1937 & 1942 S Croskey fully leased for $1350, $1275 & $1300 per month to quality and paying tenants. Big living room with chef style kitchen and flex back room. 3 generous bedrooms with bright windows. Upstairs bathroom has a skylight. Artistic style shower with rain head. The area is appreciating and these are turn key investments. The section 8 rent schedule has been increased to $2580 per month on a home like this, which would increase the cap rate to 14%.

Details

Property type

Townhouse

Est. home value

$158,989

Lot size

765 sq ft

Price per sq ft

$221

Year built

1920

Annual property taxes

$1,780

HOA

No

Price History

10/13/2024
Bright

Bright #PAPH2405990

Listed
$225,000

Schools & Community

Neighborhood: 

West Passyunk

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

THE SCHOOL DISTRICT OF PHILADELPHIA

Seller’s Loan History

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

Lender

Commercial Lender Llc

Loan start date

May 2022

Original loan amount

$172,500

Est. remaining balance

Not provided

Interest rate

4.16%

Loan type

Commercial, 30 year

Seller

Russo Realty Properties Llc

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: 11/22/2024 at 5:25 AM

Listing updated: 10/13/2024 at 4:46 PM

Listed by: Richard K Cassell, KW Empower Phone #: (215) 627-3500

MLS: Bright #PAPH2405990

Bright logo

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