194 Krams Avenue

Philadelphia, PA
$ 449,900 Beds 7 Baths 0
Monthly Estimate* How much can I afford?

This Duplex with 6 CAR PARKING is an ABSOLUTE CASH COW! HUGE duplex, zoned commercial and residential mixed use,just a few short blocks to Main Street, 76, and the regional rail. This property goes from block to block with over 4,000 sq ft over 3 levels. Off street parking for 6 cars makes finding tenants much easier due to difficult manayunk parking. Lots of possibilities for future development for this property; condos, commercial uses, or add a single staircase in the 1br unit and you will have 2 large 4 bedroom houses to rent. Unit 1 is a 700 sqft one bedroom apartment with access to the enormous basement. This apartment is currently vacant and tenant just vacated - paying $1200 per month. Unit 2 is a huge 3300 sq ft house with 7 large bedrooms, 2 full kitchens, 3 full baths, 2 living rooms over 3 levels of space. Currently only 3 tenants are living in this unit paying $2000/mo. on a month to month basis and property can be delivered vacant. However, in the recent past (2019) this unit was rented for as much $4500/mo. The 6 parking spaces have been rented for between $100-$200/mo adding even more potential income to this property. Utility bills can be obtained to see operating costs. Property taxes are low at $4,350/yr. the property has new hot water heaters recently installed and a new main line sewer line for $6000. The roof has been seal coated and ready for the new owner. This house is being sold as part of an estate, therefore will be sold as is. However, contents of the house can be removed if the buyer prefers that or the majority of furniture in the 7 bedroom unit can stay. 24 Hour notice required for showings.

Multi-Family

  • Price
  • $ 449,900
  • Lot Size
  • 2,178 SqFt
  • Bedrooms
  • 7
  • Full Bathrooms
  • 0
  • Year Built
  • 1900
  • Half Bathrooms
  • 0
  • City, Zip
  • Philadelphia
  • Taxes
  • 4352
  • County
  • PHILADELPHIA
  • Style
  • Converted Dwelling
  • Area
  • 19127
  • MLS#
  • PAPH921082
  • Zip
  • 19127
Listing Provided by: RE/MAX Ace Realty

Features

General

Acceptable Financing Conventional, Cash
Accessibility None
Architectural Style Converted Dwelling
Construction Materials Masonry
Cool Fuel None
Cooling Central A/C
County PHILADELPHIA
Garage Y/N No
Heating Hot Water
High School District THE SCHOOL DISTRICT OF PHILADELPHIA
MLS Area 19127 (19127)
New Construction No
One Bedroom Units Count 1
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Parking Features Crushed Stone
Possession 0-30 Days CD
Price Per Sq Ft 112.47
Property SubType Duplex
Property Type Multi-Family
Real Estate Owned Y/N No
Sewer Public Sewer
Structure Type End of Row/Townhouse
Tax Annual Amount 4352.0
Tax Lot 347
Tax Year 2020
Total Units 2
Vacation Rental Y/N No
Water Access Y/N No
Zoning CMX1

Interior Features

Basement Other
Basement Y/N Yes
Central Air Y/N Yes
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Living Area 4000
Three Bedroom Units Count 2

Exterior Features

Lot Dimensions 22.09 x 100.00
Lot Size Acres 0.05
Lot Size Source Assessor
Lot Size Square Feet 2209.00
Navigable Water Y/N No
Off Street - # Of Spaces 6
Pool Y/N No Pool
Total Parking Spaces 6
Type of Parking Off Street, Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Moorestown, NJ office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/1/2020 Listed $625,000
8/20/2020 7% - $585,000
8/30/2020 1% - $584,995
8/30/2020 2% - $575,000
10/9/2020 14% - $499,900
11/6/2020 1% - $499,000
11/23/2020 10% - $449,900

Property vs Zip Code Average in 19127

Price
AVG $510K
$450K
Taxes
AVG $4,554
$4,352
Visits
AVG 70
74
Year Built
AVG 1908
1900

Map

194 Krams Avenue Philadelphia, PA is a Single Family Home for sale at $449900 and a lot size of 2,178 SqFt Acre(s). 194 Krams Avenue Philadelphia has 7 bedrooms, 0 baths and was built in 1900. The property's zip code is 19127 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.