$589,999

Estimated payment $4,055/month

Total Views 5,258
-- Bed
-- Bath
2,628 Sq Ft
$225 Price per Sq Ft

Highlights

  • Central Air
  • Heating Available
  • 2-minute walk to Capitolo Park
  • Multi-Tank Hot Water Heater

About This Home

A rare opportunity to invest and own a triplex in center city with affordable price. Three 2-bedroom- apartments. One block away from Washington Ave and Italy Market. Building is in good bone and just renovated about 4-5 years ago. It is fully occupied with very good tenants and all rents are current and under market value, total rent is $3700 now. The property can be delivered vacant, if the buyer wants to find his/her new tenants, the fair market rent in the area is about $1600-$1800 per month for two bedroom apartments. It can be your very good investment assets. Easy to show but needs 24 hours notice to tenants. Seller is motivated. Give it a try. Attention: Knock before using keys to enter the apartments. Do not touch tenants' belongings.

Listing Agent

Joey Zheng

Tesla Realty Group, LLC License #AB069455 Listed on: 04/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,390

Year Built

  • Built in 1915

Lot Details

  • 1,008 Sq Ft Lot
  • Lot Dimensions are 16.00 x 63.00

Home Design

  • 2,628 Sq Ft Home
  • Triplex
  • Masonry

Utilities

  • Central Air
  • Heating Available
  • Multi-Tank Hot Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 021544100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,390

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Remarks Public: A rare opportunity to invest and own a triplex in center city with affordable price. Three 2-bedroom- apartments. One block away from Washington Ave and Italy Market. Building is in good bone and just renovated about 4-5 years ago. It is fully occupied with very good tenants and all rents are current and under market value, total rent is $3700 now. The property can be delivered vacant, if the buyer wants to find his/her new tenants, the fair market rent in the area is about $1600-$1800 per month for two bedroom apartments. It can be your very good investment assets. Easy to show but needs 24 hours notice to tenants. Seller is motivated. Give it a try. Attention: Knock before using keys to enter the apartments. Do not touch tenants' belongings.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Room Count: 6
  • Total Sq Ft: 2628
  • Living Area Sq Ft: 2628
  • Price Per Sq Ft: 224.50
  • Above Grade Finished Sq Ft: 2628
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1173

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • 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: Natural Gas
  • Heating: Yes
  • Hot Water: Multi-Tank
  • 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: U50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16.00 x 63.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1008.00
  • Year Assessed: 2025
  • Zoning: RSA5

Rental Info

  • Number Of Units Month To Month: 3
  • Units Furnished: All
  • Vacation Rental: No

Tax Info

  • School Tax: 5818.00
  • Tax Annual Amount: 10390.00
  • Assessor Parcel Number: 021544100
  • Tax Lot: 12
  • Tax Total Finished Sq Ft: 2628
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Other Units: Unit 1,Unit 2

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 $9,471 $742,300 $148,460 $593,840
2024 $9,471 $742,300 $148,460 $593,840
2023 $9,471 $676,600 $135,320 $541,280
2022 $9,139 $676,600 $135,320 $541,280
2021 $9,139 $0 $0 $0
2020 $9,139 $0 $0 $0
2019 $8,434 $0 $0 $0
2018 $4,027 $0 $0 $0
2017 $4,027 $0 $0 $0
2016 $4,027 $0 $0 $0
2015 $3,855 $0 $0 $0
2014 -- $287,700 $19,219 $268,481
2012 -- $36,832 $6,625 $30,207
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Price Changed $589,999 -4.7% $225 / Sq Ft
07/20/2025 07/20/25 Price Changed $619,000 -3.1% $236 / Sq Ft
05/03/2025 05/03/25 Price Changed $639,000 -8.6% $243 / Sq Ft
04/08/2025 04/08/25 For Sale $699,000 +48.7% $266 / Sq Ft
10/28/2014 10/28/14 Sold $470,000 +4.4% $179 / Sq Ft
09/11/2014 09/11/14 Pending -- -- --
09/05/2014 09/05/14 For Sale $450,000 -- $171 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $470,000 None Available
Corporate Deed $24,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,500 Commercial
Previous Owner $320,000 Commercial
Previous Owner $65,000 Commercial
Source: Public Records

Source: Bright MLS

MLS Number: PAPH2467746

Bright MLS

APN: 021544100