Philadelphia, PA 19131,2730 CRANSTON RD
Philadelphia, PA 19131,2730 CRANSTON RD
Philadelphia, PA 19131,2730 CRANSTON RD
$350,000
Est. payment /mo
$350,000
Est.Price: ?

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914 SqFt
SOLD DATE : 04/26/2024

Key Details

Sold Price $350,000

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 914 sqft

Price per Sqft $382

Subdivision Wynnefield Heights

MLS Listing ID PAPH2332988

Sold Date 04/26/24

Style AirLite

Abv Grd Liv Area 914

Originating Board BRIGHT

Year Built 1958

Annual Tax Amount $2,647

Tax Year 2022

Lot Size 2,350 Sqft

Acres 0.05

Lot Dimensions 20.00 x 117.50

Property Description

Fully rented and cash-flowing duplex!

Welcome to 2730 Cranston Rd, a renovated and meticulously maintained duplex nestled in the heart of Philadelphia, Pennsylvania. This property offers a lucrative investment opportunity with two fully rented units generating consistent cash flow.

Renovated in 2021, this duplex boasts modern upgrades throughout, ensuring both comfort and convenience for tenants. From the newly installed roof to the refreshed floors and bathrooms, every detail has been carefully crafted to enhance the living experience.

Each unit features central air conditioning, providing climate control for optimal comfort year-round. Additionally, the inclusion of garage door openers adds a layer of convenience for tenants, ensuring easy access to parking.

For added convenience, washer-dryer units are located in the basement for each unit, eliminating the need for off-site laundry services. Ample storage space is also available in the basement, allowing tenants to organize belongings with ease.

Currently, both units are leased, generating a monthly rental income of $1450 per unit. The seller covers the water expenses, while tenants are responsible for all other utilities, making this investment opportunity even more attractive.

Whether you're a seasoned investor or exploring your first venture in real estate, 2730 Cranston Rd presents an excellent opportunity to own a turnkey property in a thriving rental market.
Property Highlights:

- Fully rented duplex generating consistent cash flow
- Renovated in 2021 with new roof, floors, paint, and bathrooms
- Central air conditioning in both units for year-round comfort
- Garage door openers provided for each unit
- Washer-dryer units in the basement for added convenience
- Ample storage space available in the basement
- Monthly rental income of $1450 per unit
- Seller covers water expenses; tenants responsible for other utilities

Don't miss out on this opportunity to own a hassle-free investment property in Philadelphia. Schedule a showing today and take the first step towards securing your financial future!

Please be aware that the photos included in the listing are from a previous version of the property, and the current condition may differ from what is depicted in these images. We want to ensure complete transparency in your property search and want to set realistic expectations.

Location

State PA

County Philadelphia

Area 19131 (19131)

Zoning RM1

Rooms

Basement Full, Unfinished

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling None

Flooring Carpet, Ceramic Tile, Laminate Plank

Fireplace N

Heat Source Natural Gas

Exterior

Parking Features Basement Garage

Garage Spaces 1.0

Water Access N

Roof Type Flat

Accessibility None

Attached Garage 1

Total Parking Spaces 1

Garage Y

Building

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style AirLite

Additional Building Above Grade, Below Grade

Structure Type Dry Wall,Brick

New Construction N

Schools

Elementary Schools Mastery Charter School Mann

Middle Schools Greenfield Albert

High Schools Overbrook

School District The School District Of Philadelphia

Others

Tax ID 521391800

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

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Blackwell Real Estate

Blackwell Real Estate

+1(443) 221-4120

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Bright MLS (BMLS)
Listed by William Holder • RE/MAX Classic
Bought with Alex Plessett • RE/MAX Services
agent-avatar

+1(443) 221-4120

info@bremove.com

2030 Industrial Dr, Annapolis, Maryland, 21401, United States

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