Patterson-Schwartz Real Estate4804 Kingsessing Avenue, Philadelphia, PA 19143 $599,000
Interior Sq. Ft: 2,460
Acreage: 0.05
Age:89 years
Taxes: $2,990
Subdivision: Cedar Park
Design/Type:
Detached
Description
Perfect for an OWNER OCCUPANT or an INVESTOR, this special DUPLEX was FULLY GUT RENOVATED in 2016, has 3 YEARS LEFT ON A PHILADELPHIA 10 YEAR TAX ABATEMENT UNTIL 2027, is FULLY OCCUPIED and located on a Peaceful Tree Lined Street IN THE UNIVERSITY CITY AREA NEAR PENN, DREXEL, ST. JOSEPH’S UNIVERSITY (City Campus) and Cedar Park. Totaling nearly 2,500 Finished Square Feet, this lovely two story brick building with BELOW MARKET RATE RENTS has had NO VACANCY since its renovation. During the 2016 FULL GUT RENOVATION, the following WERE INSTALLED NEW (examples): Separate Unit Electric and Gas Meters; Roof, Windows, Electrical, Plumbing, Central HVAC, Kitchens, Bathrooms, Appliances, Water Line. Each Unit respectively has: an Open Kitchen with Granite Countertops, Stainless Steel Appliances Including Dishwasher, Subway Tile Backsplash, Tile Floor; Bathroom(s) featuring Dual Vanities, Tile Floor & Shower Walls; ITS OWN WASHER AND DRYER. The Two Units Have Separate Entrances on either end of the Sizable Shared NEW FRONT PORCH (Trex Decking). The second floor apartment, Unit B, has 3 Bedrooms, 2 Bathrooms, is rented for $1,938 per month with a PROJECTED MARKET RATE of $2,200 and has a 8/31/2025 lease expiration. The first floor apartment, Unit A, has 3 Bedrooms, 1 Bathroom, is Rented for $1,750 per month with a PROJECTED MARKET RATE of $2,000 and has a 4/30/2025 lease expiration. AN EASY WAY TO FURTHER INCREASE THE RENT WOULD BE TO INSTALL A SECOND BATHROOM. The Kitchen has a big Island Countertop with cabinetry. THE PRO FORMA WITH CURRENT AND PROJECTED RENTS AND EXPENSES IS UPLOADED TO THE LISTING. There is a great Shared BACKYARD with newer mulch, and a Shared Full Walk-In Unfinished BASEMENT (accessible from the property side). Each unit is projected to pay a $50 flat water fee per month; currently water is shared. There is a common area meter in addition to the separate unit meters. The property is Very WELL LOCATED: just 3 blocks west of beautiful Clark Park and the growing St. Joseph’s University City campus; only 4 blocks south of Baltimore Ave, a vibrant commercial corridor with great restaurants, coffee and other retail shops; the immediate area is Extra Quiet because S 48th St dead ends at Kingsessing Ave. STREET PARKING IS READILY AVAILABLE. Less than 2 blocks away are SEPTA Stops for 2 Different Public Transit Routes that run to and from University City & Center City: the Trolley (#13) at 49th & Chester Ave; the Regional Rail (Media/Wawa Line) at 49th St (between Kingsessing & Chester Ave’s). The current leases must be honored. Take advantage of this unique opportunity while it is still available!
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Central Heating, Forced Air Heating, Programmable Thermostat, Central, Natural Gas, Central A/C, Programmable Thermostat, Electric, Hot Water - Electric, Public Water, Public Sewer, Electric Available, Natural Gas Available, Sewer Available, Water Available
Garage/Parking
On Street, Public Parking
Interior
Built-Ins, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Living, Floor Plan - Open, Full Basement, Outside Entrance Basement, Side Entrance Basement, Unfinished Basement, Carbon Monoxide Detector(s), Fire Detection System, Main Entrance Lock, Smoke Detector
Exterior
Brick/Mortar Foundation, Brick Exterior, Deck(s), Porch(es), Exterior Lighting, Secure Storage, Sidewalks, Street Lights
Lot
Front Yard, Landscaping, Rear Yard, Urban, City View, Garden/Lawn View, Scenic Vista View, Trees/Woods View
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 (129 schools)
Public Middle (18 schools)
Public High (54 schools)
Private (112 schools)
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This report is a detailed community overview for Philadelphia (19143), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 36
- Average salary of people in this community: $37,100
Community Summary
- Population Density (ppl / mile): 19,911
- Household Size (ppl): 2.55
- Households w/ Children: 61%
Housing Inventory
- Owned: 11,948 (39.1%)
- Rented: 13,154 (43.0%)
- Vacant: 5,482 (17.9%)
- Total: 30,584
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: 4.0%
- Some High School: 9.8%
- High School Graduate: 35.2%
- Some College: 20.5%
- Associate Degree: 5.1%
- Bachelor's Degree: 14.2%
- Graduate Degree: 11.2%
Income by dollar range
Median Income: $34,579
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: $755
- One Bedroom: $873
- Two Bedroom: $976
- Three Bedroom: $1,000
- Four Bedroom: $1,015
© 2024 LiveBy. All Rights Reserved.
Contact Information
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or call us at 302-234-5270
Listing Courtesy of: KW Empower , vicki@kwempower.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 11/24/2024.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.
