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$158,500

Beds
4
Baths
2.0
sq ft
1,610

4571 Milnor St, Philadelphia, PA 19124

4571 Milnor St

PHILADELPHIA, PA 19124

  • 10 days on market
    • Price drop $10,000↓
***Investor Alert!*** This home is currently occupied with a long term tenant paying $1520/mth PLUS tenant is responsible for ALL UTILITIES including water/sewer! (Rent has not been raised in nearly 5 years time) Tenant would like to stay but seller is open to a discussion under the right terms. This home underwent a major renovation in 2019 and the pictures included are from prior to tenant moving in at the end of 2019. This home is located conveniently by 95 situated between the gentrifying Port Richmond and Bridesburg neighborhoods. Super easy access to shopping and public transportation on Aramingo Avenue. The home offers a ton of space with approximately 1600 sq feet including some beautiful updates throughout like the new kitchen and 2nd floor bathroom. The home features 4 Bedrooms and 2 Full Bathrooms with generous living space, dining room, and convenient first floor laundry room. Great backyard for outdoor BBQ's/activities and a helpful side/rear alley for storage and more. Some other updates include a brand new kitchen with peninsula, granite countertops, heavy duty garbage disposal, modern subway tile back splash, new ceramic tile flooring and new stainless steel appliances! This great home also offers two updated full baths that each include new vanities, new ceramic tile flooring, new faucets, new toilets, new stall shower (upstairs) with upgraded tile work along with new light fixtures and mirrors in each bathroom. The entire home was professionally painted in a neutral tone, including many areas with new drywall and new outlets for added convenience. The home received a new roof and chimney cap and the 1st floor front windows have been replaced with new windows. The owners have refinished the hardwood floors and brought them back to their original glory. On the second and third floors carpeting has been installed for added comfort in 2 of the bedrooms. New electric and new plumbing in many area's of the home! Additionally, brand new ceiling fans and light fixtures were installed in many rooms throughout the home. Primary heat source is Gas Radiators, 2 rooms feature electric baseboard heat. (May not be needed most of the time due to the strong heating system) Sellers are looking for a 30 day as-is sale and have priced the home accordingly. Current tenant does have a section 8 voucher. Inquire with Garrett Smith or Brent Parsons for more details and simple transfer of lease/voucher. Sellers are licensed Real Estate Agents in Pennsylvania.

Details

Property type

Duplex

Est. home value

$178,242

Lot size

1,950 sq ft

Price per sq ft

$99

Year built

1919

Annual property taxes

$2,172

HOA

No

Price History

09/17/2024
Bright

Bright #PAPH2395298

Price change
$158,500
-5.93%
09/10/2024
Bright

Bright #PAPH2395298

Listed
$168,500
+200.89%
08/21/2019
Bright

Bright #PAPH799982

Sold
$56,000

Schools & Community

Neighborhood: 

Frankford

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

$56,346
Asking price
$158,500
Closing costs (~8% of asking)
-$12,680
Est. remaining loan balance
-$89,474
Cash to seller
$56,346

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2020

Original loan amount

$120,000

Est. remaining balance

$89,474

Interest rate

3%

Loan type

New Conventional, 15 year

Seller

Brent Parsons and Garrett Smith

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: 09/20/2024 at 5:30 AM

Listing updated: 09/19/2024 at 10:07 PM

Listed by: Brent R Parsons, Homestarr Realty Phone #: (215) 355-5565

MLS: Bright #PAPH2395298

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