Back 848 E Chelten Ave
Off Market

848 E Chelten Ave

Philadelphia PA 19138

3
2264 sq. ft.
1872 sq. ft.
Duplex
Last sold for $138,500
Michael SrokaMichael Sroka, last sold this property on 01 November 2019 after 52 days on market.

Overview

Excellent investment! 11.3% Cap Rate! This turn-key, end-of-row triplex is located in the heart of East Germantown and is fully occupied until 2020! If you are looking for a quick investment, this is it! Owners have performed considerable updates since the property was purchased, including roof replacement in 2015. All three units feature 1 bedroom, 1 bathroom, kitchen and dining/living rooms. Unit 1 is renting at $725/month, unit 2 at $770 and unit 3 at $675/month (+ $30 for water). There is a basement (tenants do not currently have access to). No laundry on site. Property is currently professionally managed by local company. Give us a call today to schedule your private tour!

Features

3 bedrooms
2264 sq. ft. floor area
1872 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar 3 bedroom duplexes sold in Philadelphia over the last 12 months, the estimated median property value of 848 E Chelten Ave is $210k.

Median value
$210k
Estimated value range
$102.5k - $242.2k
Median days on market
82
Estimated value trend
-20%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Philadelphia. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 848 E Chelten Ave

2019
Sold
$138,500
01 Nov 2019 by Michael Sroka, of Keller Williams Main Line

Happy sellers in Philadelphia

100%
100% 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 3 bedroom duplexes in Philadelphia

In the last 12 months, 5 three-bedroom duplexes similar to 848 E Chelten Ave, have been sold.

This represents a 73% increase in three-bedroom duplexes sales when compared to the previous 12 months.

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