1539 SOUTH ST, PHILADELPHIA, PA 19146 (MLS # PAPH824348)
DUPLEX: Unit A: 1 bed 1.5 Bath and Unit B: 2 (could be 3) Bed and 2 Bath. Owner purchased property in 2004 and have resided here since. DUPLEX - Each unit has a separate entrance. Unit A is ground floor & basement. Unit B is 2nd & 3rd floors. Unit B (current owner's unit) is a bi-level 2-bedroom, 2 bathrooms with office/loft and deck. Potential for addition of third bedroom where office/loft is currently. Market rent for Unit B conservatively estimate at $2,500 as-is.Unit A is a bi-level one bedroom, 1.5 bathroom with den and patio. Kitchen, laundry room, and powder room in basement. Unit A currently rented through March 2020 for $1,575 / month. If both parties agree, lease auto renews with a 5% increase. Since acquisition, owner has invested over $200,000 in maintenance, repairs & property improvements. Summary of work performed:Unit A: New front and rear doorsFrench drain & sump pump installed basement (2009)Slate floor installed basement/kitchen (2009)Renovated power room (2009)New kitchen appliances refrigerator & dishwasher, stainless steel (2019)New bathroom (2018)Upgraded LED high hats (2019)New floors 1st floor, wood laminate (2018)New paint throughout (2018)Private back door entrancePrivate PatioUnit BAll new windows / sliding glass patio doorNew front doorHardwood floors throughout except 2nd bedroomNew carpet 2nd bedroomBuilt in custom cabinets 2nd bedroomPaint throughout (2018)Renovated Kitchen (2018)oGranite counter top Stainless steel appliances Dark wood cabinetsRenovated bathrooms (2009 & 2018)oSteam room showerRoof Repairs (2018 most recent)Replaced HVAC system (2010)Replaced Hot Water Heater (2008)Private outdoor deck - 3rd story. What I love about this home: Everything. This was my personal residence for 15 years and I made every improvement to owner's unit that I wanted. I Love the location and this block is blowing up with the new Royal Theater development (68 apartments & retail - opening in the spring) / New Jet Wine Garden. This neighbor has been on a tear for the last 20 years and it's only improving every year. Half a block to both Miles Table & Little spoon -neighborhood favorites. New retail coming to 16th & South Street. Huge and well funded master development plan (Retail/Parking/Luxury Multifamily) coming to 1500 Block of South Street (Former Site of Charter School - Corner of Broad & South St). Just a few blocks walk from Rittenhouse Square and 1.5 blocks to the Broad Street Orange Subway Line Station (6 stops to the stadiums).
Property Type(s): Multi Family
|Last Updated||8/13/2019||Tract||GRADUATE HOSPITAL|
|School District||THE SCHOOL DISTRICT OF PHILADELPHIA|
|HEAT||Central, Forced Air|
|LOT||871 sq ft|
|LOT DIMENSIONS||16.00 x 54.41|
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Data last updated: 8/18/19 4:54 PM PDT
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