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Back 3579 Indian Queen Lane
Off Market

3579 Indian Queen Lane

Philadelphia PA 19129

2
2469 sq. ft.
2835 sq. ft.
Duplex
Last sold for $400,000
Joseph PetroneJoseph Petrone, last sold this property on 11 September 2020 after -4 days on market.

Overview

GOLDEN OPPORTUNITY - Three unit apartment building in the heart of East Falls. Nice garden areas in front and behind. 1st floor unit has been rented to an on-time tenant for $800/mo since 2016 on a year to year renewal lease expiring in 8/31/20. 2nd Floor unit is rented 8/31/19-8/31/20 for $900/mo to an on-time tenant on a year to year renewal lease. 3rd Floor unit is clean and vacant and ready for occupancy. Large common basement with washer and dryer and storage space available. Newly painted lobby. Classic hardwood floors and architectural features. 1 st fl pays electric, heat /gas. Second and third pay cooking electric/ gas. Water bill for building averages $100 a month. Landlord pays approximately $2,200 a year heat 2 Nd and third floor. Grass cutting $42 a month in summer. Insurance is approx. $2,100 a year. Sidewalk snow removal $50 a season. Over last two years roofs were coated approx. $900. 2 Nd floor tenant moved out approx. $1,600 to rehab unit. 3 rd. Fl moved out and approximately $800 spent to rehab unit. Washer had repairs of approx. $275. Real estate rental charges to do lease of one month rent for 2 Nd. New tenant.

Features

2 bedrooms
2469 sq. ft. floor area
2835 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar 2 bedroom duplexes sold in Philadelphia over the last 12 months.

Property history for 3579 Indian Queen Lane

2020
Sold
$400,000
11 Sep 2020 by Joseph Petrone, of BHHS Fox & Roach E Falls

Happy sellers in Philadelphia

90%
90% of sellers in Philadelphia reported that their sale price either exceeded or met their price expectations.

Philadelphia stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Philadelphia over the last 12 months.

Local market activity for 2 bedroom duplexes in Philadelphia

In the last 12 months, 1 two-bedroom duplex similar to 3579 Indian Queen Lane, have been sold.

This represents a 50% increase in two-bedroom duplexes sales when compared to the previous 12 months.

Nearby agents

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David Spinosa is a recommended agent for Philadelphia.  They have 1 local sale and collected 2 local reviews across the last 12 months.

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Deb Stanitz

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