1318 Cumberland Street
Philadelphia, PA 19132
MLS #7125966

Multi-Family
  • 9units
  • 9beds
  • 2+2½baths
  • 0.05acres
  • 3,838sq ft
ACTIVE $359,000
Est. P&I payment: $1371.14/mo
1318 Cumberland Street, Philadelphia, PA 19132
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Description for 1318 Cumberland Street, Philadelphia, PA 19132
Investor Alert! All offers will be considered! Check out these two, large spacious Twin Homes that have been co-joined together to create an enormous living area. This 9 Bedroom, 4 Bathroom Building has great income potential for the many various functions it can serve. The building was previously used as a rooming house. It boasts a Commercial Kitchen, Hard Wired Centralized Smoke and Fire System, Close Circuit Camera System, and a front Office space with a Bathroom. There are two Crossovers adjoining the buildings, one at first floor and another on the second floor. Fire escape exits can be entered from the second and third floor. This property is only a few blocks north of Temple University Hospital, a few blocks south of Temple University and only steps away from Broad St. It is walking distance to North Broad St. Station and North Philadelphia Station and just a short drive to the nightlife of Center City. With the right updating, it has the potential to bring in significant income without being totally occupied. This opportunity has 'investment' and 'cash flow' written all over it. New construction loft style condos are just a few doors down and a plans for Temple University Student Housing on the same block.
MLS #7125966
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My Notes for MLS #7125966

General Features

  • Property Type: Multi-Family
  • Building Floors: 3
  • Design: AptBldg
  • Floor: Wood
  • Gross Square Feet: 3,838
  • Land Square Feet: 2,135
  • Total Units: 9
  • Property Age: 81
  • County: PHILADELPHIA
  • Subdivision: NONE AVAILABLE

Exterior Features

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

Interior Features

  • Basement: Y
  • Basement Type: Full
  • Interior Features: SecuritySys,​SprinklerSys,​Replacement Windows
  • Studio Efficiency Unit Count: 9
  • Baths Full Unit 1: 1
  • Beds Unit 1: 1
  • Partial Bath Count Unit 1: 1
  • Baths Full Unit 2: 1
  • Beds Unit 2: 1
  • Partial Bath Count Unit 2: 1
  • Beds Unit 3: 1
  • Beds Unit 4: 1
  • Beds Unit 5: 1
  • Beds Unit 6: 1
  • Beds Unit 7: 1
  • Beds Unit 8: 1
  • Beds Unit 9: 1

Utilities Features

  • Central Air: N

Financial Features

  • Tax Year: 2018
  • Total Assessment: 548,400
  • Total Taxes: 7,677

School Features

  • School District: Philadelphia

Miscellaneous Features

  • New Construction: N
  • Type: MultiBldgs

Location

 
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The listing information for 1318 Cumberland Street, Philadelphia, PA 19132 was graciously provided by our friends at the listing brokerage, Keller Williams Real Estate-Blue Bell

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P&I Payment $1371.14
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Last Updated 04/22/2018 at 9:26pm
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