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$329,000

Beds
5
Baths
3.5
sq ft
2,233

3222 N 17th St, Philadelphia, PA 19140

3222 N 17th St

PHILADELPHIA, PA 19140

  • 8 days on market
Outstanding investment property located near Temple University, an ideal opportunity for savvy investors seeking great cash flow potential. Leased for $3,000/month. This property offers 5 bedrooms, making it an attractive option for rental income in a highly desirable location. The property features 3 communal standing showers, providing convenience for tenants and allowing for efficient use of the space. Additionally, the property boasts an unfinished basement and backyard, presenting an opportunity for further expansion or customization and use of space. This space can be transformed into additional living areas, common areas, or even storage space, catering to the specific needs of the investor and tenants. This was once a multi family property and can be converted back into 2 units.

Details

Property type

Townhouse

Lot size

1,725 sq ft

Price per sq ft

$148

Year built

1940

Annual property taxes

$8,327

HOA

No

Price History

09/11/2024
Bright

Bright #PAPH2395594

Listed
$329,000
+1330.43%
09/29/2016
Bright

Bright #1003629953

Sold
$23,000

Schools & Community

Neighborhood: 

Tioga

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

THE SCHOOL DISTRICT OF PHILADELPHIA

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

$183,752
Asking price
$329,000
Closing costs (~8% of asking)
-$26,320
Est. remaining loan balance
-$118,928
Cash to seller
$183,752

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

October 2008

Original loan amount

$174,055

Est. remaining balance

$118,928

Interest rate

5.93%

Loan type

FHA, 30 year

Seller

Anibal Torres

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: 09/19/2024 at 6:00 PM

Listing updated: 09/11/2024 at 3:46 PM

Listed by: Amanda Gutman, Long & Foster Real Estate, Inc. Phone #: (610) 225-7440

MLS: Bright #PAPH2395594

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