$53,000
$60,000
11.7%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
1,032 SqFt
SOLD DATE : 03/31/2016
Key Details
Sold Price $53,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,032 sqft
Price per Sqft $51
Subdivision Philadelphia (North)
MLS Listing ID 1002746394
Sold Date 03/31/16
Style Straight Thru
Bedrooms 2
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 1,032
Originating Board TREND
Year Built 1925
Annual Tax Amount $701
Tax Year 2016
Lot Size 840 Sqft
Acres 0.02
Lot Dimensions 14X60
Property Description
Resting on a quiet block, this home features a sturdy metal siding to protect you from harsh weather and a host of renovations. From the expansive living room and dining room to newly installed cabinets and tile floor in the kitchen, this home is a fantastic investment. Other notable additions include a new heater, roof, front door, and touch-ups to the wood floors throughout the home. Upstairs, you'll be greeted by two cozy and spacious bedrooms and a bathroom. The home was previously rented by one tenant for six years at $775/mo. A cash buyer could see 8.4% return on investment per year. With 20% down a buyer financing this property could cash flow at $430/mo. That's a 34% return on investment per year. This is a cash cow. A real money maker. A low risk investment. First time home buyers could acquire with $1000 out of pocket and pay $300/mo for their mortgage. WHY RENT?!?!??!?!?!??!?!?!??! Amber is in the heart of Kensington, a growing neighborhood that's constantly improving. The New Kensington Community Development Organization has been working on quite a few real estate projects around the area, including revamping the nearby Orinoka Mills Factory. The new development is slated to bring more commercial activity and residents into the recreated Orinoka Civic House. 3060 Amber itself is close to a variety of thriving business and restaurants in the area, including Yay Clay, Krakus Market, Mercer Caf and New Wave Cafe. With all of these amenities and more, you won't want to miss out on this home.
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning RSA5
Rooms
Other Rooms Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Bedroom 1
Basement Full, Unfinished
Interior
Hot Water Natural Gas
Heating Gas
Cooling None
Flooring Wood
Fireplace N
Heat Source Natural Gas
Laundry Lower Floor
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Lot Description SideYard(s)
Story 2
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Level or Stories 2
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Senior Community No
Tax ID 252449600
Ownership Fee Simple
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Bought with Sherrell L Green • TJ McCarthy Associates, Inc.