2566 CORAL ST Philadelphia, PA 19125
2,109 SqFt
UPDATED:
11/20/2024 10:49 PM
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,109 sqft
Price per Sqft $331
MLS Listing ID PAPH2325290
Style Traditional
Abv Grd Liv Area 2,109
Originating Board BRIGHT
Year Built 1875
Annual Tax Amount $3,219
Tax Year 2024
Lot Size 900 Sqft
Acres 0.02
Lot Dimensions 18.00 x 50.00
Property Description
As an added bonus, the sale includes an impressive short-term rental business. Over the past 12 months, the property has maintained an outstanding 85.5% occupancy rate, with guests staying an average of 2.3 days and paying a daily rate of $99.80. Don't worry if you're new to the short-term rental industry—the current owner is willing to provide 30 days of guidance at no additional cost to ensure a seamless transition. Every unit in this property is beautifully decorated and fully furnished. The kitchens come fully stocked with pots, pans, plates, and silverware, while the bedrooms are supplied with linens and towels—everything you need to continue running the successful short-term rental operation. The entire property is monitored by a state-of-the-art Vivint security system, enabling remote property monitoring and convenient remote check-ins for guests. Additionally, there's a convenient supply shed at the back of the property containing washers, dryers, and cleaning supplies, facilitating efficient turnover between guests. The property has already secured bookings well in advance, and these future booking receivables are included in the sale. The owner currently resides in the first-floor unit but is flexible with showings. Serious buyers will have access to view the second and third-floor units. Don't miss out on this exceptional opportunity—it's truly one-of-a-kind and won't be available for long. Contact us now to secure your future in the thriving real estate market.
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning TRIPLEX
Rooms
Basement Unfinished
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Central A/C
Flooring Laminate Plank
Inclusions Air BnB Furniture for entire home, Beds tables kitchenware etc.... First floor unit has an office setup in one bedroom but it will be replaced with a Bed at settlement
Equipment Dryer - Front Loading, Washer - Front Loading
Fireplace N
Appliance Dryer - Front Loading, Washer - Front Loading
Heat Source Electric
Exterior
Utilities Available Cable TV Available, Water Available, Sewer Available, Electric Available, Natural Gas Available
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Lot Description Corner
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade
Structure Type Dry Wall
New Construction N
Schools
Elementary Schools Brown Henry
High Schools Kensington
School District The School District Of Philadelphia
Others
Tax ID 311106300
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Assumption, Cash, Conventional, FHA, Negotiable, Seller Financing, Other
Listing Terms Assumption, Cash, Conventional, FHA, Negotiable, Seller Financing, Other
Financing Assumption,Cash,Conventional,FHA,Negotiable,Seller Financing,Other
Special Listing Condition Standard
