1201 Windrim Avenue, Philadelphia, PA 19141-2805 $249,000
Interior Sq. Ft: 2,025
Acreage: 0.11
Age:84 years
Taxes: $2,935
Design/Type:
Detached
Description
Welcome to 1201 Windrim Ave, a remarkable triplex nestled in the sought-after Olney-Oak Lane neighborhood of Philadelphia. This investment property boasts a generous 2025 square feet of living space and occupies a double lot totaling 5000 square feet, offering ample room for future expansion or development. Each of the three apartments within this property is currently occupied by long-term tenants, presenting a turnkey income opportunity for savvy investors. The first-floor unit features a spacious one bed/one bath layout with a large wrap-around porch, private entrance, yard access, and original hardwood floors, currently rented at $775/month. The second floor hosts a two bed/one bath apartment with a kitchen, currently rented at $725/month, while the third floor offers a one bed/one bath apartment with a kitchen and spacious living area, currently rented at $750/month. Conveniently located near public transportation, including the Broad Street subway, this property provides quick access to Center City, Temple University, and South Philadelphia's Sports and Entertainment Stadiums, ensuring its appeal to potential tenants. Additionally, its proximity to Jefferson Einstein Hospital, LaSalle University, and Central High School further enhances its desirability. Distinctive features of this property include original hardwood floors with beautiful inlays, a large yard, and a shared entrance for the second and third-floor units. Separate meters for electricity and gas afford tenants individual responsibility for payments, while the owner covers water bills for the property. Don't miss the opportunity to own this charming home with its unique, original features and excellent rental history. This is a rare chance to acquire a property with a steady income stream and the potential for subdivision on the double lot. Schedule a showing today and envision the possibilities that await at 1201 Windrim Ave.
Home Assoc: No
Condo Assoc: No
Buyer Agency Comp*: 3 % Of Gross
Basement: Y
Pool: No Pool
Features
Utilities
Radiator Heating, Natural Gas, Ceiling Fan(s), Window Unit(s) Cooling, Electric, Hot Water - Natural Gas, Public Water, Public Sewer
Garage/Parking
None
Interior
Unfinished Basement, Carpet Flooring, Hardwood Flooring, 9'+ Ceilings
Exterior
Stone Foundation, Shingle Roof, Stone Exterior, Vinyl Siding, Deck(s), Porch(es)
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Public Elementary (131 schools)
Public Middle (27 schools)
Public High (55 schools)
Private (113 schools)
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This report is a detailed community overview for Philadelphia (19141), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 36
- Average salary of people in this community: $32,770
Community Summary
- Population Density (ppl / mile): 19,138
- Household Size (ppl): 2.66
- Households w/ Children: 66%
Housing Inventory
- Owned: 6,545 (45.7%)
- Rented: 5,978 (41.8%)
- Vacant: 1,791 (12.5%)
- Total: 14,314
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: 4.7%
- Some High School: 10.6%
- High School Graduate: 38.1%
- Some College: 24.6%
- Associate Degree: 5.8%
- Bachelor's Degree: 10.7%
- Graduate Degree: 5.5%
Income by dollar range
Median Income: $32,388
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: $780
- One Bedroom: $761
- Two Bedroom: $893
- Three Bedroom: $1,081
- Four Bedroom: $1,632
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Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-234-6089
Listing Courtesy of: Compass Pennsylvania, LLC , (610) 822-3356, marianne.dillon@compass.com
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Information Deemed Reliable But Not Guaranteed.
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Listing data as of 7/05/2024.