Welcome to 1201 Windrim Ave, a remarkable triplex nestled in the sought-after Olney-Oak Lane neighborhood of Philadelphia. This investment property boasts a generous 2025 square feet of living space and occupies a double lot totaling 5000 square feet, offering ample room for future expansion or development. Each of the three apartments within this property is currently occupied by long-term tenants, presenting a turnkey income opportunity for savvy investors. The first-floor unit features a spacious one bed/one bath layout with a large wrap-around porch, private entrance, yard access, and original hardwood floors, currently rented at $775/month. The second floor hosts a two bed/one bath apartment with a kitchen, currently rented at $725/month, while the third floor offers a one bed/one bath apartment with a kitchen and spacious living area, currently rented at $750/month. Conveniently located near public transportation, including the Broad Street subway, this property provides quick access to Center City, Temple University, and South Philadelphia's Sports and Entertainment Stadiums, ensuring its appeal to potential tenants. Additionally, its proximity to Jefferson Einstein Hospital, LaSalle University, and Central High School further enhances its desirability. Distinctive features of this property include original hardwood floors with beautiful inlays, a large yard, and a shared entrance for the second and third-floor units. Separate meters for electricity and gas afford tenants individual responsibility for payments, while the owner covers water bills for the property. Don't miss the opportunity to own this charming home with its unique, original features and excellent rental history. This is a rare chance to acquire a property with a steady income stream and the potential for subdivision on the double lot. Schedule a showing today and envision the possibilities that await at 1201 Windrim Ave.
Property Details
Property Features
Property Information:
Architectural Style: Victorian
Year Built: 1940
Living Area: 2,025 SqFt
Listing Office:
Office Name: Compass Pennsylvania, LLC
Office Phone: (610) 822-3356
Listing Agent: Cassidee Curran
Interior Features
Interior Information:
Basement: Yes
Flooring Type: Carpet, Hardwood
Exterior Features
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Radiant
Cooling: Ceiling Fan(s), Window Unit(s)
School Info
Assigned Schools Information:
Aspira Olney Charter High School, Public Charter Grades 9-12
Birney Preparatory Academy, Public Charter Grades KG-8
Other
Directions Information:
Directions: 1201 WINDRIM AVE
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $265,000
Price Per SqFt: $131/SqFt
Tax Information:
Annual Amount: $1,659
Tax Year: 2020
What can I afford?
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Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $6.1K more than the Median Sold Price and $65/SqFt less than other homes in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2314504
Listing Office:
Office Name: Compass Pennsylvania, LLC
Office Phone: (610) 822-3356
Listing Agent: Cassidee Curran
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Birney Preparatory Academy
900 Lindley Ave
Distance between this listing and this school0.29 miles
Public Charter Grades KG-8
High School
4
/10
Aspira Olney Charter High School
100 W Duncannon Ave
Distance between this listing and this school1.07 miles
Public Charter Grades 9-12
Assigned Schools
3
/10
Birney Preparatory Academy
900 Lindley Ave
Distance between this listing and this school0.29 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
Jay Cooke Elementary School
1300 W Louden St
Distance between this listing and this school0.44 miles
Public District Grades KG-8
4
/10
Thurgood Marshall School
5120 N 6th St
Distance between this listing and this school0.48 miles
Public District Grades PK-8
Nearby Schools
4
/10
Fitler Academics Plus
140 W Seymour St
Distance between this listing and this school1.31 miles
Public District Grades 1-8
6
/10
Grover Washington, Jr. Middle School
201 E Olney Ave
Distance between this listing and this school1.32 miles
Public District Grades 5-8
4
/10
General Louis Wagner Middle School
1701 W Chelten Ave
Distance between this listing and this school1.40 miles
Public District Grades 6-8
Assigned Schools
4
/10
Aspira Olney Charter High School
100 W Duncannon Ave
Distance between this listing and this school1.07 miles
Public Charter Grades 9-12
Nearby Schools
2
/10
Delaware Valley Chs
Logan Place
Distance between this listing and this school0.13 miles
Public Charter Grades 9-12
6
/10
Girls High School
1400 W Olney Ave
Distance between this listing and this school0.49 miles
The neighbors living near this home have an average income of $26,912. The most common annual income of people living in Philadelphia, PA is less than $35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 1201 Windrim Ave in Philadelphia, PA and zip code 19141 in the Olney / Oak Lane neighborhood. This 2,025 square foot home, which was built in 1940, sits on a 0.11 acre lot. It has been listed on Rocket Homes since January 31, 2024 and is currently priced at $265,000.
Philadelphia, PA housing market in April 2024 saw over 242 listings sold above listed price, more than 216 sold at listed price and over 502 sold below. The inventory of homes for sale in Philadelphia, PA between March 2024 and April 2024 increased by 9.8%. While the average time on the market in April 2024 was 50 days, the median list price was $258,806.
From Rocket Homes Real Estate and based on county public records data.