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3805 Baring Street

Philadelphia PA 19104

3
2943 sq. ft.
2080 sq. ft.
Duplex
Currently for sale - view listing

Overview

INVESTOR ALERT!!! - One of the very best blocks in the POWELTON VILLAGE neighborhood of University City. This rare QUADPLEX has great layouts, large/wide lot and has been meticulously maintained by current owners. The units are rented for $1,030.00, $1,330.00, $1,485.00, and $1,480.00 per month for a total of $63,900.00 per year. All leases are for one year and tenants pay all utilities. Excellent for an investor looking to cash flow and long term appreciation OR owner occupant who wants to live in one unit and let tenants pay the mortgage! This property is under the FHA limit for 4 units and qualifies for the new Fannie/Freddie 5% down owner occupied multifamily program. The building and units are recently updated. Highly desirable and picturesque block close to Drexel University, University Place 3.0 and the Life Sciences boom. Easy access to 676/76/95, Center City and transportation friendly near market street line, trolley stops, bus routes and main throughways to downtown.

Features

3 bedrooms
2943 sq. ft. floor area
2080 sq. ft. lot size
Duplex

Property history for 3805 Baring Street

2022
Sold
$670,000
27 Jul 2022 by Hui Hui, of Tesla Realty Group, LLC

Happy sellers in Philadelphia

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We have insufficient information to provide an overview of customer satisfaction for Philadelphia. Viewing the agent profiles, reviews and sales for Philadelphia can provide insights for this location.

Local market activity for 3 bedroom duplexes in Philadelphia

In the last 12 months, 5 three-bedroom duplexes similar to 3805 Baring Street, have been sold.

This represents a 29% increase in three-bedroom duplexes sales when compared to the previous 12 months.

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