$350,000

Estimated payment $2,302/month

Total Views 851
-- Bed
-- Bath
2,002 Sq Ft
$175 Price per Sq Ft

Highlights

  • Forced Air Heating System
  • 4-minute walk to Tasker-Morris
  • 2-minute walk to Di Silvestro Playground
  • Walk-Up Access

About This Home

Location and location !! Rare opportunity to own a wide 3 Story Multi-unit triplex building in the desirable Newbold. This mixed use property is zoned CMX2 and offers tremendous upside and value through adding cosmetic updating. All units feature spacious living room space, large kitchen, high ceilings, natural light, and neutral color throughout. The 1st floor is a 1 Bed/1 Bath unit with access to rear outdoor space. The 1st floor unit is renting at $700 per month. The 2nd floor is 2 Beds/1 Bath, sun-filled rooms with lots of windows, and renting at $750 per month. The 3rd floor is 2 Bed/1 Bath, kitchen and view of the city skyscraper and renting at $575 per month. The walk-out basement – Provides extra usable space for storage, a workshop, or rental income potential. Good tenants with below market rents, all tenants are on month to month. Conveniently located in the prime location, minutes from Broad Street, Passyunk Square, and major transit. Don t miss out on this incredible opportunity to update this property and increase both rent and value. Make your appointment, run your numbers, and make us an offer! Buyer is responsible for any and all due diligence. All square footage numbers are approximate and should be verified by the buyer. It is the responsibility of the buyer to verify real estate taxes with OPA.

Listing Agent

Andrew Cheng

Keller Williams Realty - Cherry Hill Listed on: 08/21/2025

Keller Williams Realty - Cherry Hill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,777

Year Built

  • Built in 1920

Lot Details

  • 1,024 Sq Ft Lot

Home Design

  • Triplex
  • Flat Roof Shape
  • Stone Foundation
  • Masonry

Interior Spaces

  • 2,002 Sq Ft Home
  • Basement
  • Walk-Up Access

Utilities

  • Forced Air Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 320
  • Assessor Parcel Number 481001900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,777

Year Built

Built in 1920

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: 1920
  • Remarks Public: Location and location !! Rare opportunity to own a wide 3 Story Multi-unit triplex building in the desirable Newbold. This mixed use property is zoned CMX2 and offers tremendous upside and value through adding cosmetic updating. All units feature spacious living room space, large kitchen, high ceilings, natural light, and neutral color throughout. The 1st floor is a 1 Bed/1 Bath unit with access to rear outdoor space. The 1st floor unit is renting at $700 per month. The 2nd floor is 2 Beds/1 Bath, sun-filled rooms with lots of windows, and renting at $750 per month. The 3rd floor is 2 Bed/1 Bath, kitchen and view of the city skyscraper and renting at $575 per month. The walk-out basement – Provides extra usable space for storage, a workshop, or rental income potential. Good tenants with below market rents, all tenants are on month to month. Conveniently located in the prime location, minutes from Broad Street, Passyunk Square, and major transit. Don t miss out on this incredible opportunity to update this property and increase both rent and value. Make your appointment, run your numbers, and make us an offer! Buyer is responsible for any and all due diligence. All square footage numbers are approximate and should be verified by the buyer. It is the responsibility of the buyer to verify real estate taxes with OPA.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Walkout Stairs
  • Total Sq Ft: 2002
  • Living Area Sq Ft: 2002
  • Price Per Sq Ft: 174.83
  • Above Grade Finished Sq Ft: 2002
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1502

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Roof: Flat
  • 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: No
  • Cooling Fuel: Electric
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: O50
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1024.00
  • Year Assessed: 2025
  • Zoning: CMX2

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 2675.00
  • Tax Annual Amount: 4777.00
  • Assessor Parcel Number: 481001900
  • Tax Lot: 320
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

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 $4,321 $341,300 $68,260 $273,040
2024 $4,321 $341,300 $68,260 $273,040
2023 $4,321 $308,700 $61,740 $246,960
2022 $2,671 $308,700 $61,740 $246,960
2021 $2,693 $0 $0 $0
2020 $2,693 $0 $0 $0
2019 $2,504 $0 $0 $0
2018 $1,698 $0 $0 $0
2017 $1,698 $0 $0 $0
2016 $1,698 $0 $0 $0
2015 $1,625 $0 $0 $0
2014 -- $121,300 $12,390 $108,910
2012 -- $8,320 $1,079 $7,241
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Price Changed $350,000 -17.6% $175 / Sq Ft
08/21/2025 08/21/25 For Sale $425,000 -- $212 / Sq Ft
Source: Bright MLS

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Source: Bright MLS

MLS Number: PAPH2528448

Bright MLS

APN: 481001900