4127 Cresson Street
Philadelphia, PA 19127
MLS #7099092

Multi-Family
  • 3units
  • 6beds
  • 3+2½baths
  • 0.04acres
  • 2,702sq ft
ACTIVE $495,000
Est. P&I payment: $1890.56/mo
4127 Cresson Street, Philadelphia, PA 19127
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Description for 4127 Cresson Street, Philadelphia, PA 19127
MPN Realty, Inc., is proud to present the exclusive sale of 4127 Cresson Street located in the heart of Manayunk. The property features a total of 3 renovated units comprising of (1) 2 Bedroom 1 Bath unit and (2) Bi- Level 2 Bedroom, 1.5 bath units, just a block from Main Street. The property is 100% occupied and the demand to live in this area is high for young professionals, graduate students, and lovers of the Manayunk social scenes. There are plenty of restaurants within walking distance as well as a vast array of retail and lifestyle stores. The Seller of this property bought and renovated the building in 1999, the seller has not kept the rents up to market standards. The following are comparable rents: 1) 4504 Baker Street Apt 1- 2 Bedrooms, 2 Bathrooms $1580 2) 116 Grape Street Unit 1- 2 Bedrooms, 1 Bathroom $1600 3) 171 Grape Street 2 Bedrooms, 1 Bathroom $1600 4) 4215 Manayaunk Ave Apt A ? 2 Bedrooms, 2.5 Bathrooms, $1850 5) 410 Shurs Lane Apt 201B ? 2 Bedrooms, 1/1 Bathrooms $1995 6) 4127 Main Street Apt 3- 2 Bedrooms, 1 Bathroom $1595
MLS #7099092
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My Notes for MLS #7099092

General Features

  • Property Type: Multi-Family
  • Building Floors: 3
  • Design: Triplex
  • Gross Square Feet: 2,702
  • Land Square Feet: 1,540
  • Total Units: 3
  • Unit 1 Lease End: MONTH TO MONTH
  • Unit 2 Lease End: MONTH TO MONTH
  • Unit 3 Lease End: MAY 31,​ 2018
  • Property Age: 117
  • County: PHILADELPHIA
  • Subdivision: MANAYUNK

Exterior Features

  • Water Front: N
  • Exterior: Stucco
  • Has Garage Flag: N
  • Garage Spaces: NoGarage
  • Parking: Street

Interior Features

  • Basement: Y
  • Basement Type: Full
  • Two Bedroom Unit Count: 3
  • Baths Full Unit 1: 1
  • Beds Unit 1: 2
  • Baths Full Unit 2: 1
  • Beds Unit 2: 2
  • Partial Bath Count Unit 2: 1
  • Baths Full Unit 3: 1
  • Beds Unit 3: 2
  • Partial Bath Count Unit 3: 1

Utilities Features

  • Central Air: Y

Financial Features

  • Unit 1 Monthly Rent: 1,150
  • Unit 2 Monthly Rent: 1,000
  • Unit 3 Monthly Rent: 1,000
  • Annual Insurance Expense: 2,210
  • Annual Maintanance Expense: 1,500
  • Annual Other Expense: 3,839
  • Annual Water Sewer Expense: 350
  • Tax Year: 2017
  • Total Assessment: 318,600
  • Total Taxes: 4,460

School Features

  • School District: Philadelphia

Miscellaneous Features

  • New Construction: N
  • Type: MultiBldgs

Location

 
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The listing information for 4127 Cresson Street, Philadelphia, PA 19127 was graciously provided by our friends at the listing brokerage, Mallin Panchelli Nadel Realty, Inc

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P&I Payment $1890.56
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Last Updated 01/17/2018 at 7:46am
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