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$225,000

Beds
3
Baths
2.0
sq ft
1,282

2031 S Salford St, Philadelphia, PA 19143

2031 S Salford St

PHILADELPHIA, PA 19143

  • 3 days on market
This Property is nestled within a 6-minute drive from the vibrant University of Pennsylvania area. This prime location duplex is a fantastic investment opportunity or an ideal owner-occupied home with immediate positive cash flow. The first-floor unit has been recently renovated with new carpet and fresh paint throughout, offering a clean and modern living space. This 1-bedroom, 1-bathroom unit is ready for immediate occupancy, perfect for new tenants or as a personal residence. The second-floor unit is a spacious 2-bedroom, 1-bathroom currently rented by a reliable, long-term tenant in good standing, providing steady rental income. Located in a high-demand rental area, the property is perfect for investors looking to expand their portfolio. For those seeking an owner-occupied opportunity, living in the first-floor unit while the rental income from the second-floor unit offsets your mortgage and expenses offers a perfect solution. Don't miss out on this well-maintained duplex in a prime location, offering the best of both worlds for investors and homeowners alike.

Details

Property type

Townhouse

Est. home value

$169,581

Lot size

1,230 sq ft

Price per sq ft

$176

Year built

1920

Annual property taxes

$1,825

HOA

No

Price History

07/02/2024

Bright #PAPH2372210

Listed
$225,000
+53.06%
03/31/2020

Bright #PAPH796248

Sold
$147,000

Schools & Community

Neighborhood: 

Paschall

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PHILADELPHIA CITY

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

Trumark Financial Cu

Loan start date

January 2023

Original loan amount

$40,700

Est. remaining balance

Not provided

Interest rate

5.54%

Loan type

Credit Line (Revolving), 15 year

Seller

Darryl Bowens

Lender

Commonwealth Of Pennsylvania

Loan start date

March 2020

Original loan amount

$8,820

Est. remaining balance

$6,705

Interest rate

2.97%

Loan type

Not Provided, 15 year

Seller

Darryl Bowens

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: 07/04/2024 at 3:55 PM

Listing updated: 07/03/2024 at 12:04 AM

Listed by: Brittany Ballantine, Realty One Group Supreme Phone #: (484) 531-7300

MLS: Bright #PAPH2372210

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