
1212 W Dauphin St Philadelphia, PA 19133
Hartranft NeighborhoodEstimated payment $3,150/month
Highlights
- Traditional Architecture
- 4-minute walk to Susquehanna-Dauphin
- 2-minute walk to Penrose Playground
- Central Heating and Cooling System
About This Home
Property Addresses included in portfolio : 2725 Glenwood Ave MLS# PAPH2285644 | 2530 Ridge Ave MLS# PAPH2285656 | 1913 N 23rd MLS# PAPH2285666 | 1941 N 23rd MLS# PAPH2285670 | 1210 W Dauphin MLS# PAPH2285626 | 1212 W Dauphin MLS# PAPH2285638 Total Asking Price For Portfolio: $3,200,000 Scan for photos on the Virtual Offering Memorandum. Here is a remarkable investment opportunity in the heart of Philadelphia – a portfolio of six triplex multi-family buildings, offering a total of 18 units, 19 bathrooms, and 31 bedrooms. This is an exceptional chance for discerning investors seeking a strong return. All leases except for Glenwood units are through PHA making rent payments guaranteed. 2024 rents are poised to increase $1764 for 2 beds and $1476 for 1 beds. Advertised rents are for 2024 proforma, and current cap rate is 8%+ **Key Features:** - Turnkey Recently Renovated Portfolio: These properties have been meticulously renovated, ensuring they are in superb condition and ready for occupancy or rental. - Rent Program Tenants: Enjoy the reliability of guaranteed rent from the city, providing a stable income stream. - Under Market Rents: There exists an opportunity to maximize your returns by adjusting rental rates to align with the current market conditions. - Proximity to Philadelphia Schools: These properties are conveniently located near Philadelphia schools, making them appealing to potential tenants with families. **Location:** Strategically positioned in Philadelphia, a city renowned for its vibrant culture and robust real estate market. With easy access to schools and essential amenities, this location is poised for growth and offers excellent rental potential. This outstanding investment opportunity is exclusively represented by MY Philly Cassell, your trusted partner in Philadelphia real estate. If you are considering expanding your investment portfolio or entering the dynamic Philadelphia real estate market, this is an opportunity you should explore. Seize this remarkable chance to acquire this portfolio of multi-family buildings. Contact us today to obtain more details and take the first step toward securing a prosperous investment in the City of Brotherly Love.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,012
Year Built
- Built in 1925
Lot Details
- 945 Sq Ft Lot
- Lot Dimensions are 15.00 x 63.00
Parking
- On-Street Parking
Home Design
- 1,775 Sq Ft Home
- Triplex
- Traditional Architecture
- Slab Foundation
- Masonry
Utilities
- Central Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 208
- Assessor Parcel Number 371327700
Community Details
Overview
- Brewerytown Subdivision
Building Details
- Operating Expense $6,640
- Net Operating Income $47,360
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,012 | $215,200 | $43,000 | $172,200 |
2024 | $3,012 | $215,200 | $43,000 | $172,200 |
2023 | $3,012 | $215,200 | $43,040 | $172,160 |
2022 | $1,082 | $215,200 | $43,040 | $172,160 |
2021 | $1,082 | $0 | $0 | $0 |
2020 | $1,082 | $0 | $0 | $0 |
2019 | $1,415 | $0 | $0 | $0 |
2018 | $1,082 | $0 | $0 | $0 |
2017 | $1,082 | $0 | $0 | $0 |
2016 | $1,082 | $0 | $0 | $0 |
2015 | $1,036 | $0 | $0 | $0 |
2014 | -- | $77,300 | $4,252 | $73,048 |
2012 | -- | $1,216 | $154 | $1,062 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/24/2023 10/24/23 | For Sale | $533,000 | +213.5% | $300 / Sq Ft |
06/13/2022 06/13/22 | Sold | $170,000 | -2.9% | $96 / Sq Ft |
06/07/2022 06/07/22 | Price Changed | $175,000 | 0.0% | $99 / Sq Ft |
05/23/2022 05/23/22 | Price Changed | $175,000 | 0.0% | $99 / Sq Ft |
05/04/2022 05/04/22 | Price Changed | $175,000 | 0.0% | $99 / Sq Ft |
03/04/2022 03/04/22 | Pending | -- | -- | -- |
01/31/2022 01/31/22 | Price Changed | $175,000 | -22.2% | $99 / Sq Ft |
01/06/2022 01/06/22 | Price Changed | $224,999 | 0.0% | $127 / Sq Ft |
12/01/2021 12/01/21 | For Sale | $225,000 | +32.4% | $127 / Sq Ft |
11/30/2021 11/30/21 | Off Market | $170,000 | -- | -- |
11/22/2021 11/22/21 | Price Changed | $225,000 | -15.1% | $127 / Sq Ft |
09/20/2021 09/20/21 | Price Changed | $265,000 | -8.6% | $149 / Sq Ft |
08/17/2021 08/17/21 | For Sale | $290,000 | -- | $163 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $170,000 | None Listed On Document | |
Deed | $65,000 | None Available | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $506,250 | New Conventional | |
Closed | $373,725 | New Conventional | |
Previous Owner | $187,500 | Commercial |
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Source: Bright MLS
MLS Number: PAPH2285638

APN: 371327700
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