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$140,000

Beds
6
Baths
2.0
sq ft
1,282

3539 N Marvine St, Philadelphia, PA 19140

3539 N Marvine St

PHILADELPHIA, PA 19140

  • 16 days on market
Investment Property with Reliable Income! 6 bed 2 full bath home with a basement, and private backyard. The first floor features a private room and an open concept kitchen, the lower level features two private rooms and a full bath, upstairs there are 3 more bedrooms and the second full bathroom. Located only a 6 minute ride to Temple University. The property is currently leased to a professional property management company that manages over 20 properties. They guarantee a monthly rental income of $1,800 ($21,600 annually) and handle all utilities, maintenance, and repairs, with the landlord covering material costs only, as necessary. The management company also oversees subleasing, offering the owner a dependable, hands-off income stream. Property is being sold in as-is condition and Buyer is responsible for all municipal certifications. This property can also be purchased as part of a 3 property portfolio package including 1221 Wagner Ave, Philadelphia and 5129 N 10th St, Philadelphia which is producing a combined $69,600 annually. The asking price for all 3 properties is $600,000.

Details

Property type

Townhouse

Est. home value

$163,706

Lot size

1,205 sq ft

Price per sq ft

$110

Year built

1925

Annual property taxes

$1,119

HOA

No

Price History

11/13/2024
Bright

Bright #PAPH2417378

Listed
$140,000
-12.5%
08/10/2021
Bright

Bright #PAPH2001936

Sold
$160,000
+532.41%
11/13/2018
Bright

Bright #1009927618

Sold
$25,300

Schools & Community

Neighborhood: 

Franklinville

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

First Equity Funding Lp

Loan start date

August 2021

Original loan amount

$128,000

Est. remaining balance

Not provided

Interest rate

3.02%

Loan type

Purchase Money Mortgage, 30 year

Seller

Brproperties Oxford Inc

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 4:55 AM

Listing updated: 11/15/2024 at 10:34 AM

Listed by: Austin Cennimo, Keller Williams Realty - Moorestown Phone #: (856) 316-1100

MLS: Bright #PAPH2417378

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