$780,000

Estimated payment $4,503/month

Total Views 4,708
-- Bed
-- Bath
2,200 Sq Ft
$355 Price per Sq Ft

Highlights

  • Straight Thru Architecture
  • Ceiling height of 9 feet or more
  • 4-minute walk to Bardascino Park
  • Wood Flooring
  • 90% Forced Air Heating and Cooling System

About This Home

This is Prime real estate cash flow !! Located just off the busy Washington ave in the passyunk square neighborhood. The 1st floor is currently leased by custom t shirt and apparel business, which can access the basement. The side entrance which access to the 2nd and 3rd floor. The 2nd floor features 2 bedroom and full tile bathroom, hardwood flooring, modern finished kitchen, central HVAC. The 3rd floor with 1-bedroom, full bathroom, kitchen with granite top, recessing lighting with spacious living room. The building is fully renovated few years ago and basically maintenance free. This property with cap rate over 6% will be great opportunities to put in your buy and hold real-estate portfolio. Schedule your appointment Today.

Listing Agent

Andrew Cheng

Keller Williams Realty - Cherry Hill Listed on: 03/04/2025

Keller Williams Realty - Cherry Hill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,036

Year Built

  • Built in 1915

Lot Details

  • 1,043 Sq Ft Lot
  • Lot Dimensions are 17.00 x 60.00
  • Property is in good condition

Home Design

  • Triplex
  • Straight Thru Architecture
  • Brick Foundation
  • Block Foundation
  • Rubber Roof
  • Masonry

Interior Spaces

  • 2,200 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Wood Flooring

Accessible Home Design

  • Doors are 32 inches wide or more

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • 3 Units
  • Passyunk Square Subdivision

Listing and Financial Details

  • Tax Lot 80
  • Assessor Parcel Number 871503350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,036

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Straight Thru
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Remarks Public: This is Prime real estate cash flow !! Located just off the busy Washington ave in the passyunk square neighborhood. The 1st floor is currently leased by custom t shirt and apparel business, which can access the basement. The side entrance which access to the 2nd and 3rd floor. The 2nd floor features 2 bedroom and full tile bathroom, hardwood flooring, modern finished kitchen, central HVAC. The 3rd floor with 1-bedroom, full bathroom, kitchen with granite top, recessing lighting with spacious living room. The building is fully renovated few years ago and basically maintenance free. This property with cap rate over 6% will be great opportunities to put in your buy and hold real-estate portfolio. Schedule your appointment Today.
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Block, Brick/Mortar
  • Total Sq Ft: 2200
  • Living Area Sq Ft: 2200
  • Price Per Sq Ft: 354.55
  • Above Grade Finished Sq Ft: 2200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1135

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: Y50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 17.00 x 60.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1043.00
  • Property Condition: Good
  • Year Assessed: 2025
  • Zoning: CMX2

Rental Info

  • Existing Lease Type: Gross
  • Owner Pays: Insurance, Taxes - Real Estate
  • Total Actual Rent: 53400.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 1700.00
  • Tax Annual Amount: 3036.00
  • Assessor Parcel Number: 871503350
  • Tax Lot: 80
  • Tax Total Finished Sq Ft: 1280
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Gross Income: 53400.00

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,844 $216,900 $43,380 $173,520
2024 $2,844 $216,900 $43,380 $173,520
2023 $2,844 $203,200 $40,640 $162,560
2022 $1,887 $158,200 $40,640 $117,560
2021 $2,517 $0 $0 $0
2020 $2,517 $0 $0 $0
2019 $2,493 $0 $0 $0
2018 $2,671 $0 $0 $0
2017 $3,420 $0 $0 $0
2016 $3,420 $0 $0 $0
2015 $3,274 $0 $0 $0
2014 -- $244,300 $17,653 $226,647
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2025 03/04/25 For Sale $780,000 -- $355 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $250,000 None Available
Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 New Conventional
Closed $565,000 Commercial
Closed $187,600 Commercial
Previous Owner $275,000 Commercial
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2451792

Bright MLS

APN: 871503350