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Sold for $255,000
  • $255,000

    1903 W Montgomery Ave, Philadelphia, PA 19121

    4beds
    --baths
    1,564sqft
    Townhouse
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $163/sqft
    $2,030 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,030/mo

    Zestimate® history
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    What's special

    Introducing 1903 W Montgomery Ave, a fantastic triplex that presents an excellent opportunity for new investors. This property, in its current state, is already highly desirable and rents easily, making it a reliable source of income from the start. However, what sets this triplex apart is its untapped potential for renovation and improved utilization, offering even greater returns for savvy investors. Located near Temple University, this triplex enjoys a prime location in a vibrant and sought-after neighborhood. The area's popularity ensures a steady demand for housing, making it easy to find tenants and keep the units occupied throughout the year. As a new investor, you can dive right into the rental market with confidence, knowing that this property has a proven track record of attracting tenants. While the triplex is already a lucrative investment opportunity, there is significant room for improvement and expansion. With a discerning eye and a touch of creativity, you can unlock the property's full potential and maximize its value. Renovating and optimizing the units can lead to increased rental income and attract a broader range of tenants, including those willing to pay a premium for modern, updated living spaces. By making strategic renovations, such as updating appliances, refreshing the interior finishes, and reconfiguring the floor plans, you can transform this triplex into a contemporary oasis. The result will be enhanced tenant satisfaction, longer lease agreements, and the potential for higher rental rates. Moreover, the surrounding neighborhood is ripe with opportunities for growth and development. As new construction projects continue to flourish in the area, investing in 1903 W Montgomery Ave becomes even more enticing. You can leverage this ongoing transformation to increase the property's value and reap the benefits of an expanding real estate market. Buyer is responsible for due-diligence. Property sold as-is

    Zillow last checked:

    Listing updated:

    Listed by:

    Moshe Adika 267-210-3080,

    TCS Management, LLC

    Bought with:

    Alyssa Vargas, 2192523

    KW Empower

    Source: Bright MLS,MLS#: PAPH2294970MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Basement
    • Area: 0
    Heating
    • Other
    Cooling
    • Other
    Appliances
    • Included: Water Heater
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,564
    • Total interior livable area: 1,564 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 960 Square Feet
    • Dimensions: 16.00 x 60.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 321119500
    • Zoning: RSA5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Townhouse
    Materials
    • Masonry
    • Foundation: Other
    Condition
    • New construction: No
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Temple University
    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Financial & listing details

    • Price per square foot: $163/sqft
    • Tax assessed value: $166,500
    • Annual tax amount: $2,330
    • Date on market: 11/6/2023
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/23/2024Sold$255,000-5.2%$163/sqft
    Source: Bright MLS #PAPH2294970 Report a problem
    1/4/2024Pending sale$269,000$172/sqft
    Source: Bright MLS #PAPH2294970 Report a problem
    12/18/2023Listed for sale$269,000$172/sqft
    Source: Bright MLS #PAPH2294970 Report a problem
    12/9/2023Pending sale$269,000$172/sqft
    Source: Bright MLS #PAPH2294970 Report a problem
    11/6/2023Listed for sale$269,000-2.2%$172/sqft
    Source: Bright MLS #PAPH2294970 Report a problem
    11/6/2023Listing removed$274,999$176/sqft
    Source: Bright MLS #PAPH2234502 Report a problem
    8/9/2023Listing removed--
    Source: Bright MLS #PAPH2234502 Report a problem
    6/8/2023Price change$274,999-3.5%$176/sqft
    Source: Bright MLS #PAPH2234502 Report a problem
    5/19/2023Price change$285,000-12.3%$182/sqft
    Source: Bright MLS #PAPH2234502 Report a problem
    5/10/2023Listed for sale$325,000+160.2%$208/sqft
    Source: Bright MLS #PAPH2234502 Report a problem
    8/13/2014Listing removed$124,900$80/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach, Realtors #6384777 Report a problem
    6/17/2014Price change$124,900-10.7%$80/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach, Realtors #6384777 Report a problem
    5/28/2014Price change$139,900-12.6%$89/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach, Realtors #6384777 Report a problem
    5/8/2014Listed for sale$160,000$102/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach, Realtors #6384777 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: North Central

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: The School District Of Philadelphia

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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