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929 N 6TH Street

PHILADELPHIA, PA 19123
  • $919,000
  • STATUS: Active
  • ON SITE: 118 Days
  • ID#: PAPH2386236
UPDATED: 22 min ago
$919,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,168
    SQFT
  • $290
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Information

Elementary School:
Middle School:
High School:

Description

Welcome to 929 N. 6th Street! An AMAZING investment opportunity in the well sought after Northern Liberties section of Philadelphia! This well maintained and appointed triplex is the perfect multifamily property for an owner-occupant investor or an investor only looking for cash flow. This spacious 3,168 SF triplex features a 1 bedroom/1 bath first floor unit , a 1 bedroom/1.5 bath second floor fully furnished Airbnb and a 2 bedroom/1 bath unit on the third floor with all units having utilities separately metered.. Constructed with years past craftmanship in 1920, the front entrance door and moldings, foyer with custom millwork and marble, common areas with custom stairs, stair railings and spindles, original wood floors, brick facade and marble fireplace surrounds are just a few of the construction practices that give this home its old world charm. The rents currently are: the 1st floor is $1,750/month on a month to month term, the 2nd floor medium term (30+ days ) Airbnb averages $2,400/month and the 3rd floor is $2,300/month on a month to month term. Fully occupied with flexible leases, monthly rents will be able to be increased.The first floor is a 1 bedroom/1 bath plus office that has a very large private outdoor patio along with alley access. The family room is complimented with 12 foot soaring ceilings and custom millwork along with custom marble fireplace surround, The kitchen features wood cabinetry, tile backsplash, stainless steel appliances and porcelain tile floor The bathroom has porcelain floors and subway tile shower walls. Laminate floors throughout. The second floor unit is a 1 bedroom/1.5 baths and is currently leased as an Airbnb with an average monthly income of $2,400. This Airbnb is a stylish, fully furnished, turn- key, medium term (30+ days) rental with Super Host designation and great reviews. It was refinished/upgraded in 2022 for Airbnb use. Some of the highlights are wood cabinets in the kitchen/baths, tile backsplash in kitchen, porcelain tile floor in kitchen, stainless steel appliances, kitchen island, custom marble fireplace surround, stack washer/dryer, laminate floors, exposed brick wall in bedroom, ceramic tile walls and floor in full bathroom, deck with Trex construction.The top floor is a recently (2019) renovated 2 bedroom/1 bath unit with a large, open formal family room and kitchen with views of center city. Exposed brick walls in both the family room and one bedroom. Other amenities include original wood floors, wood cabinnets in kitchen and bathroom, stainless steel appliances, porcelain tile floorand shower walls in bathroom. porcelain tile floor in kitchen. laminate floors in bedrooms. Closet with washer and dryer. Capable of adding a roof deck.Lastly, the basement is unfinished. The seller engaged a registered architect to complete construction documents to finish the basement by adding 2 bedrooms, full bathroom and a lounge area. The first floor unit can then be leased as a 3 bedroom/2 bath unit. This will increase the monthly rent substantially. Construction documents would be turned over to the new owner.As far as Fire and Security, the triplex is equipped with a full scale fire alarm system serviced annually by Kartman Fire Protection, 2 Google Nest security camers (one on the front exterior and one in the interrior first floor common area) and Schlage Digital Key Pad Locksets on all entry doors..Conveniently located close to public transportation, major highways, within walking distance to all the shops, restaurants, and entertainment that Northern Liberties and Fishtown have to offer. The City School is directly across the street. New Amazon grocery store within walking distance of this 6th and Spring Garden location will open soon. Recent new development continues throughout Northern Liberties adding value to an already vibrant area of the city.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-12T23:51:15.22.
www.lisasellsdelaware.com/homes/153768121
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929 N 6TH Street PHILADELPHIA, PA 19123

  • Price: $919,000
  • Status: Active
  • On Site: 118 Days
  • Updated: 22 min ago
  • ID#: PAPH2386236
0
Beds
0
Baths
0
½ Baths
0.04
Acres
3,168
SQFT
$290
$/SQFT
1920
Built
Neighborhood:
Northern Liberties
County:
Philadelphia
Area:
19123 (19123)
Elementary School:
Adaire Alexander
Middle School:
Spring Garden
High School:
Penn Treaty
School District:
The School District Of Philadelphia
Property Description
Welcome to 929 N. 6th Street! An AMAZING investment opportunity in the well sought after Northern Liberties section of Philadelphia! This well maintained and appointed triplex is the perfect multifamily property for an owner-occupant investor or an investor only looking for cash flow. This spacious 3,168 SF triplex features a 1 bedroom/1 bath first floor unit , a 1 bedroom/1.5 bath second floor fully furnished Airbnb and a 2 bedroom/1 bath unit on the third floor with all units having utilities separately metered.. Constructed with years past craftmanship in 1920, the front entrance door and moldings, foyer with custom millwork and marble, common areas with custom stairs, stair railings and spindles, original wood floors, brick facade and marble fireplace surrounds are just a few of the construction practices that give this home its old world charm. The rents currently are: the 1st floor is $1,750/month on a month to month term, the 2nd floor medium term (30+ days ) Airbnb averages $2,400/month and the 3rd floor is $2,300/month on a month to month term. Fully occupied with flexible leases, monthly rents will be able to be increased.The first floor is a 1 bedroom/1 bath plus office that has a very large private outdoor patio along with alley access. The family room is complimented with 12 foot soaring ceilings and custom millwork along with custom marble fireplace surround, The kitchen features wood cabinetry, tile backsplash, stainless steel appliances and porcelain tile floor The bathroom has porcelain floors and subway tile shower walls. Laminate floors throughout. The second floor unit is a 1 bedroom/1.5 baths and is currently leased as an Airbnb with an average monthly income of $2,400. This Airbnb is a stylish, fully furnished, turn- key, medium term (30+ days) rental with Super Host designation and great reviews. It was refinished/upgraded in 2022 for Airbnb use. Some of the highlights are wood cabinets in the kitchen/baths, tile backsplash in kitchen, porcelain tile floor in kitchen, stainless steel appliances, kitchen island, custom marble fireplace surround, stack washer/dryer, laminate floors, exposed brick wall in bedroom, ceramic tile walls and floor in full bathroom, deck with Trex construction.The top floor is a recently (2019) renovated 2 bedroom/1 bath unit with a large, open formal family room and kitchen with views of center city. Exposed brick walls in both the family room and one bedroom. Other amenities include original wood floors, wood cabinnets in kitchen and bathroom, stainless steel appliances, porcelain tile floorand shower walls in bathroom. porcelain tile floor in kitchen. laminate floors in bedrooms. Closet with washer and dryer. Capable of adding a roof deck.Lastly, the basement is unfinished. The seller engaged a registered architect to complete construction documents to finish the basement by adding 2 bedrooms, full bathroom and a lounge area. The first floor unit can then be leased as a 3 bedroom/2 bath unit. This will increase the monthly rent substantially. Construction documents would be turned over to the new owner.As far as Fire and Security, the triplex is equipped with a full scale fire alarm system serviced annually by Kartman Fire Protection, 2 Google Nest security camers (one on the front exterior and one in the interrior first floor common area) and Schlage Digital Key Pad Locksets on all entry doors..Conveniently located close to public transportation, major highways, within walking distance to all the shops, restaurants, and entertainment that Northern Liberties and Fishtown have to offer. The City School is directly across the street. New Amazon grocery store within walking distance of this 6th and Spring Garden location will open soon. Recent new development continues throughout Northern Liberties adding value to an already vibrant area of the city.
Exterior Features

Architectural Style Colonial Construction Materials Brick FrontBrickStuccoBlockBatts InsulationFrame Door Features Six Panel Exterior Features Street LightsSidewalks Garage YN No Location Type Urban Lot Features Rear Yard Parking Features Free Parking Types On Street Patio And Porch Features Deck(s)Patio(s) Pool No Pool Property Condition Excellent Road Responsibility Public Roof Built-Up Soil Types Clay View City Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3168 Above Grade Unfinished Area 0 Appliances Built-In MicrowaveBuilt-In RangeDishwasherENERGY STAR Clothes WasherENERGY STAR DishwasherENERGY STAR FreezerENERGY STAR RefrigeratorFreezerIcemakerOven - SingleSix Burner StoveStoveWasher/Dryer Hookups OnlyDryer - ElectricWasher/Dryer StackedStainless Steel AppliancesRefrigeratorOven/Range - ElectricOven - Self CleaningDisposal Basement OtherWindowsUnfinishedPoured Concrete Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 1100 Cooling Ceiling Fan(s)Window Unit(s) Exclusions PaintingsCabinet in 2nd Floor Main Bath and Mounted Guitar Fireplace YN No Flooring CarpetLuxury Vinyl PlankSolid HardwoodTile/BrickVinyl Heating Baseboard - Electric Heating YN Yes Inclusions All appliances Interior Features Breakfast AreaCeiling Fan(s)Combination Dining/LivingCombination Kitchen/DiningCrown MoldingsDining AreaExposed BeamsFloor Plan - OpenFloor Plan - TraditionalIntercomKitchen - GalleyPrimary Bath(s)Skylight(s)Bathroom - Stall ShowerBathroom - Tub ShowerWainscottingWindow TreatmentsWood Floors Rooms Total 18 Security Features Exterior CamerasFire Detection SystemIntercomSmoke Detector Single Room Units 0 Spa YN No Three Bedroom Units 0 Two Bedroom Units 1 Units Furnished Some Walls Ceilings 9'+ CeilingsBeamed CeilingsDry WallVaulted Ceilings

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN No Cooling Fuel Electric Cross Street Girard Avenue Electric 200+ Amp Service Elevators 0 Existing Lease Type Month to Month Foundation Details StoneConcrete Perimeter Heating Fuel Electric Historic YN No Hot Water Electric Insurance Expense 3490.00 Maintenance Expense 2168.00 Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Leased 3 Number Of Units Total 3 Number Of Units Vacant 0 Operating Expense 16131.00 Original MLSNumber 803288954348 Owner Pays Common Area MaintenanceInsuranceRepairsSnow RemovalSuppliesTaxes - Personal propertyTaxes - Real EstateTrash Collection Ownership Interest Fee Simple Property Sub Type Triplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 9679.00 Tax Lot 111 Total Actual Rent 77400.00 Transportation Bus Stop less than 1 mile Trash Expense 500.00 Utilities Cable TVWater AvailableSewer AvailableElectric AvailablePhone Available Vacation Rental YN No Water Source Public Window Features Double HungDouble Pane Year Built Effective 2022 Zoning RSA5

Listing courtesy of Weichert Realtors: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-12T23:51:15.22.
 
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