112 N 3rd St Philadelphia, PA 19106
Old City Neighborhood
--
Bed
--
Bath
5,358
Sq Ft
1,333
Sq Ft Lot
Highlights
- Wood Flooring
- 5-minute walk to 2Nd Street
- 1-minute walk to Girard Fountain Park
- 4 Fireplaces
- Forced Air Heating and Cooling System
About This Home
As of January 2025Rare opportunity to acquire this mixed use Old City building with grand proportions, gorgeous apartments and story book ground floor retail space. Fully leased with long term tenants living in three exceptional self contained comfortably proportioned one bedroom apartments all with antique pine floors, wood burning fireplaces, W/D's and oversized baths. High ceilings, large windows and exceptional light. All utilities are separate with the exception of water.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,772
Year Built
- Built in 1920
Lot Details
- 1,333 Sq Ft Lot
- Lot Dimensions are 21.00 x 64.00
Parking
- On-Street Parking
Home Design
- Quadruplex
- Flat Roof Shape
- Stone Foundation
- Masonry
Interior Spaces
- 4 Fireplaces
- Wood Flooring
Location
- Urban Location
Schools
- General George A. Mccall Elementary School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for water
- Tax Lot 199
- Assessor Parcel Number 871003600
Community Details
Overview
- 4 Units
Building Details
- Income includes apartment rentals, shop rentals
- Insurance Expense $4,500
- Other Expense $1,800
- Net Operating Income $59,553
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2024
Closed on
Jan 15, 2025
Sold by
Meckler Arthur H and Cooper Donna R
Bought by
112 N 3Rd St Llc
Seller's Agent
Scott Neifeld
Compass RE
Buyer's Agent
Gazi Ataseven
HomeSmart Realty Advisors
List Price
$1,400,000
Sold Price
$1,205,000
Premium/Discount to List
-$195,000
-13.93%
Views
46
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,547
Avg. Annual Appreciation
2.74%
Original Mortgage
$880,000
Outstanding Balance
$875,531
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$349,511
Purchase Details
Closed on
May 3, 2000
Sold by
Pepper T Sergeant and Pnc Bank Na
Bought by
Meckler Arthur H and Cooper Donna R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
8.21%
Mortgage Type
Commercial
Similar Homes in Philadelphia, PA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,205,000 | None Listed On Document | |
| Deed | $345,000 | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $880,000 | New Conventional | |
| Previous Owner | $276,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2025 01/15/25 | Sold | $1,205,000 | -13.9% | $225 / Sq Ft |
| 09/12/2024 09/12/24 | For Sale | $1,400,000 | -- | $261 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,616 | $912,400 | $182,480 | $729,920 |
| 2024 | $11,616 | $912,400 | $182,480 | $729,920 |
| 2023 | $11,616 | $829,800 | $165,900 | $663,900 |
| 2022 | $12,426 | $829,800 | $165,900 | $663,900 |
| 2021 | $12,426 | $0 | $0 | $0 |
| 2020 | $12,426 | $0 | $0 | $0 |
| 2019 | $12,716 | $0 | $0 | $0 |
| 2018 | $13,346 | $0 | $0 | $0 |
| 2017 | $11,106 | $0 | $0 | $0 |
| 2016 | $11,106 | $0 | $0 | $0 |
| 2015 | $10,632 | $0 | $0 | $0 |
| 2014 | -- | $793,400 | $137,900 | $655,500 |
| 2012 | -- | $89,600 | $27,061 | $62,539 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Neifeld
Seller's Agent in 2025
Scott Neifeld
Compass RE
(215) 275-3040
5 in this area
51 Total Sales
-
Gazi Ataseven
Buyer's Agent in 2025
Gazi Ataseven
HomeSmart Realty Advisors
(267) 774-6886
3 in this area
307 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2396226
APN: 871003600
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 309 13 Arch St Unit 301
- 309 13 Arch St Unit 206
- 315 Arch St Unit 406
- 315 Arch St Unit 404
- 144 46 N 3rd St Unit C
- 130 N Bread St Unit 310
- 320 Race St Unit 1
- 133 N Bread St Unit J3
- 113 N Bread St Unit 3H6
- 48 N 3rd St Unit 3
- 124 N 2nd St Unit 4
- 124 N 2nd St Unit PH
- 239 Race St
- 301 Race St Unit 112
- 301 Race St Unit 202
- 301 Race St Unit 201
- 301 Race St Unit 501
- 301 Race St Unit 410
- 212 20 Race St Unit 4B
- 141 45 N 2nd St Unit 3C