Bought with John J Gauntlett IV • KW Empower
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Key Details
Sold Price $118,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 940 sqft
Price per Sqft $125
Subdivision Wynnefield Heights
MLS Listing ID PAPH2570394
Sold Date 04/10/26
Style Unit/Flat
Bedrooms 1
Full Baths 1
Condo Fees $888/mo
HOA Y/N N
Abv Grd Liv Area 940
Year Built 1970
Annual Tax Amount $1,489
Tax Year 2025
Lot Dimensions 0.00 x 0.00
Property Sub-Type Condo/Co-op
Source BRIGHT
Property Description
Secure a high-performing asset in the River Park House condominiums. With Unit 307 at River Park House, a stabilized investment opportunity currently generating $1,600/month in gross rental income. With a lease secured through the summer, this property offers immediate cash flow and a de-risked transition for the incoming owner. This one-bedroom, one-bathroom residence features a spacious open layout, generous storage, and the high-demand convenience of an in-unit washer and dryer. The investment is further bolstered by an all-inclusive HOA fee that covers all utilities, simplifying the expense profile and protecting margins against fluctuating costs. Residents enjoy full-service amenities including a 24-hour front desk, fitness center, pool, and on-site retail, all situated on the edge of Fairmount Park. Located in a high-occupancy hub with immediate proximity to PCOM, St. Joseph's University, City Ave, and major transit, this property is perfectly positioned to capture consistent demand from professionals and students alike.
Location
State PA
County Philadelphia
Area 19131 (19131)
Zoning RM4
Rooms
Main Level Bedrooms 1
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Amenities Available Swimming Pool
Water Access N
Accessibility Elevator
Garage N
Building
Story 1
Unit Features Hi-Rise 9+ Floors
Above Ground Finished SqFt 940
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Pets Allowed Y
HOA Fee Include Cable TV,Common Area Maintenance,Electricity,Gas,Heat,Snow Removal,Trash,Water
Senior Community No
Tax ID 888520391
Ownership Condominium
SqFt Source 940
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Pets Allowed Cats OK, Case by Case Basis
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Tracy Sauler
Broker Associate | License ID: AB069480
Broker Associate License ID: AB069480


