1013 Magee Avenue, Philadelphia, PA 19111-4815 $350,000
With Pending Contract
Interior Sq. Ft: 1,600
Acreage: 0.07
Age:69 years
Taxes: $3,517
Subdivision: Lawndale
Design/Type:
Twin/Semi-Detached
Description
Investor Alert! Fully rented duplex in Lawndale section of Philadelphia, not far from the Lawndale station of the Fox Chase Regional Rail line. Two units : Each unit features two nicely sized bedrooms, one full bathroom with which are very well kept along with hardwood flooring, large eat-in kitchen and plenty of closet space. Both units have their own storage cage and individual washer & dryer set up in the basement with interior access. Both units are identical with their layouts and have long term tenants paying $850 per month per floor. Both tenants split the water bill and each unit responsible for all utilities/cable, trash, and snow removal The comps for these units for future rents in this area are $1250 - $1300 per 2 bedroom unit with a Cap rate of 10+%. The rear has a 2 car garage with a private driveway for off street parking. All separate utility meters. New Water Heaters and New Boilers were installed in 2019.
Home Assoc: No
Condo Assoc: No
Buyer Agency Comp*: Seller Concession: Y
Basement:
Pool: No Pool
Features
Utilities
Radiant Heating, Natural Gas, Ceiling Fan(s), Multi Units, Electric, Hot Water - Natural Gas, Public Water, Public Sewer, 200+ Amp Service
Garage/Parking
Attached Garage, Driveway, Garage - Rear Entry, Attached Garage Spaces #: 2;
Interior
Ceiling Fan(s), Combination Kitchen/Dining, Kitchen - Eat-In, Wood Floors, Hardwood Flooring
Exterior
Brick/Mortar Foundation, Flat Roof, Masonry, Exterior Lighting, Sidewalks
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (100 schools)
Public Middle (25 schools)
Public High (35 schools)
Private (78 schools)
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This report is a detailed community overview for Philadelphia (19111), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 35
- Average salary of people in this community: $39,206
Community Summary
- Population Density (ppl / mile): 14,094
- Household Size (ppl): 2.78
- Households w/ Children: 70%
Housing Inventory
- Owned: 13,936 (52.8%)
- Rented: 10,315 (39.1%)
- Vacant: 2,155 (8.2%)
- Total: 26,406
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 6.4%
- Some High School: 8.5%
- High School Graduate: 35.3%
- Some College: 18.7%
- Associate Degree: 6.7%
- Bachelor's Degree: 16.8%
- Graduate Degree: 7.6%
Income by dollar range
Median Income: $51,051
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $774
- One Bedroom: $840
- Two Bedroom: $1,026
- Three Bedroom: $1,334
- Four Bedroom: $1,399
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
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or call me now at 302-285-5100
Listing Courtesy of: HomeSmart Realty Advisors , (215) 604-1191, bill@homesmartrealtyadvisors.com
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Listing data as of 10/06/2024.