Bought with Yunqian Zhou • White Acre Realty
For more information regarding the value of a property, please contact us for a free consultation.
616 S HANCOCK ST Philadelphia, PA 19147
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $765,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,180 sqft
Price per Sqft $240
MLS Listing ID PAPH2015660
Sold Date 11/30/21
Style Other
HOA Y/N N
Abv Grd Liv Area 3,180
Year Built 1915
Available Date 2021-08-16
Annual Tax Amount $11,131
Tax Year 2021
Lot Size 1,170 Sqft
Acres 0.03
Lot Dimensions 18.00 x 65.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Perfect opportunity for a beautifully updated and maintained turn-key triplex in Queen Village. Ideal for an investor looking for a solid ROI in a red-hot area. All units are currently rented and building brings in $57,180/year in rental income. (Unit 1: 1BD/1bth at $1,470/month. Unit 2: 1BR/1bth at $1,320/month. Unit 3: 1BR plus Den/1.5bth at $1,975/month. All leases automatically renew each year with slight increases in monthly rent). Building has fully separated gas and electric. Each unit has its own HVAC with Central Air. Each unit has really nice outdoor space. And each unit has excellent space, layout, and light. The 3rd floor has its own Washer/Dryer in unit and the 1st and 2nd floor units share a washer and dryer in the really clean basement (which also provides excellent storage). Hancock Street is a quiet tree-lined block (just a single block long), one block from Head House Square and the awesome Society Hill Farmers Market and all of the restaurants and shopping of Queen Village, Society Hill, and South Street. This is a stellar property in an excellent location (98 WalkScore).
Location
State PA
County Philadelphia
Area 19147 (19147)
Zoning RM1
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Forced Air, Zoned
Cooling Central A/C, Zoned
Fireplace N
Heat Source Natural Gas
Exterior
Exterior Feature Patio(s), Balcony, Deck(s)
Water Access N
Accessibility None
Porch Patio(s), Balcony, Deck(s)
Garage N
Building
Lot Description Rear Yard
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Meredith William
Middle Schools Meredith William
School District The School District Of Philadelphia
Others
Tax ID 023097610
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Read Less
