$1,950,000

Estimated payment $12,813/month

Total Views 1,587
-- Bed
-- Bath
5,480 Sq Ft
$356 Price per Sq Ft

Highlights

  • 0.06 Acre Lot
  • Forced Air Heating and Cooling System
  • 4-minute walk to Lombard-South

About This Home

This building comprises one commercial unit and five residential apartments. There are four active rental licenses out of five residential units. All five apartments are currently rented. The owner-operator recently occupied the office space as an accounting firm but has since relocated to another location.

Last Listed By

Francis Popek

Fifth Realty Listed on: 05/31/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,396

Year Built

  • Built in 1850

Lot Details

  • 2,600 Sq Ft Lot
  • Lot Dimensions are 20.00 x 130.00

Home Design

  • 5,480 Sq Ft Home
  • Converted Dwelling
  • Stone Foundation
  • Masonry

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 134
  • Assessor Parcel Number 081073100

Community Details

Overview

  • 4 Units
  • Rittenhouse Square Subdivision

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals, parking, professional offices
  • Insurance Expense $6,872
  • Manager Expense $7,885
  • Other Expense $21,759
  • Trash Expense $500
  • Gross Income $157,500
  • Net Operating Income $97,812

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,396

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 21759.00
  • Year Built: 1850
  • Remarks Public: This building comprises one commercial unit and five residential apartments. There are four active rental licenses out of five residential units. All five apartments are currently rented. The owner-operator recently occupied the office space as an accounting firm but has since relocated to another location.
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Total Sq Ft: 5480
  • Living Area Sq Ft: 5480
  • Price Per Sq Ft: 355.84
  • Above Grade Finished Sq Ft: 5480
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1522

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
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

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

Condo/Co-op/Association

  • Professional Management Expense: 7885.00

Schools

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

Lot Info

  • Land Use Code: U70
  • Lot Size Acres: 0.06
  • Lot Dimensions: 20.00 x 130.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2600.00
  • Year Assessed: 2025
  • Zoning: RM1

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Number Of Units Month To Month: 1
  • Vacation Rental: No

Tax Info

  • School Tax: 12542.00
  • Tax Annual Amount: 22396.00
  • Assessor Parcel Number: 081073100
  • Tax Lot: 134
  • Tax Total Finished Sq Ft: 5480
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 1
  • Gross Scheduled Income: 157500.00
  • Income Includes: Apartment Rentals, Parking, Professional Offices
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • Single Room Units Count: 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 $21,059 $1,600,000 $320,000 $1,280,000
2024 $21,059 $1,600,000 $320,000 $1,280,000
2023 $21,059 $1,504,400 $300,880 $1,203,520
2022 $19,653 $1,504,400 $300,880 $1,203,520
2021 $19,653 $0 $0 $0
2020 $19,653 $0 $0 $0
2019 $19,019 $0 $0 $0
2018 $11,928 $0 $0 $0
2017 $11,928 $0 $0 $0
2016 $11,170 $0 $0 $0
2015 $10,693 $0 $0 $0
2014 -- $852,100 $185,361 $666,739
2012 -- $140,800 $32,000 $108,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2025 05/31/25 For Sale $1,950,000 0.0% $356 / Sq Ft
10/01/2020 10/01/20 Rented $1,300 -7.1% --
10/01/2020 10/01/20 Under Contract -- -- --
10/01/2020 10/01/20 For Rent $1,400 -39.1% --
04/06/2018 04/06/18 Rented $2,300 0.0% --
03/25/2018 03/25/18 Under Contract -- -- --
12/27/2017 12/27/17 For Rent $2,300 0.0% --
12/15/2017 12/15/17 Sold $1,800,000 -8.9% $328 / Sq Ft
11/30/2017 11/30/17 For Sale $1,975,000 0.0% $360 / Sq Ft
10/20/2017 10/20/17 For Sale $1,975,000 -- $360 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $1,800,000 The Abstract Co
Deed $525,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,871,000 New Conventional
Closed $1,350,000 Commercial
Closed $1,350,000 Commercial
Previous Owner $1,181,500 Future Advance Clause Open End Mortgage
Previous Owner $1,113,000 Commercial
Previous Owner $772,500 Commercial
Closed $120,000 No Value Available
Source: Public Records

About the Listing Agent

Francis Popek

Fifth Realty

(855) 942-6082

Section Image

Mr. Popek is the Founder of Fifth Realty, a full service real estate firm with brokerage, property management, and development divisions. He has worked on residential rehab projects, land acquisitions and improvements, new construction projects, commercial property acquisitions, and assisted in the transition of ownership of distressed properties.

Francis' Other Listings

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    • 3 Beds
    • 1.5 Baths
    • 1,266 Sq Ft
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    Renovated three bedroom 1.5 bath home. Property shows well. Other features include central air, updated plumbing and electric, enclosed rear patio, and a large rear yard. The seller is a licensed real estate agent in the state of PA.

    Francis Popek Fifth Realty

  • 1228-32 W College Ave, Philadelphia, PA 19121

    $1,750

    • 2 Beds
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    • 12,459 Sq Ft
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    This stunning, new construction apartment two bedrooms and one bathroom, and an open floor plan! Sleek, spacious kitchen with stainless steel appliances and ultra-modern bathroom. Gorgeous hardwood floors, washer/dryer, recessed lighting, and access to a private rear patio perfect for entertaining. Access to a community ROOF DECK with breathtaking views of Center City. Advanced security features

    Francis Popek Fifth Realty

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  • 3045-51 Richmond St Unit 305, Philadelphia, PA 19134

    $1,850

    • 2 Beds
    • 2 Baths
    • 1,134 Sq Ft
    • 3045-51 Richmond St
    • Unit 305
    • Philadelphia, PA

    Welcome to Brand New Richmond St Luxury Condos. Each unit is equipped with large beautiful islands, and large coat closet. These sophisticated apartments with a modern influence sit on a quiet street with access to the subway and major highways. Presented by a handsome red brick exterior and gorgeous, airy interiors, you can now live in a touch of elegance at a very affordable price. The building

    Francis Popek Fifth Realty

    Section Image
  • 3045-51 Richmond St Unit 405, Philadelphia, PA 19134

    $1,875

    • 2 Beds
    • 2 Baths
    • 1,134 Sq Ft
    • 3045-51 Richmond St
    • Unit 405
    • Philadelphia, PA

    Welcome to Brand New Richmond St Luxury Condos. Each unit is equipped with large beautiful islands, and large coat closet. These sophisticated apartments with a modern influence sit on a quiet street with access to the subway and major highways. Presented by a handsome red brick exterior and gorgeous, airy interiors, you can now live in a touch of elegance at a very affordable price. The building

    Francis Popek Fifth Realty

    Section Image

Source: Bright MLS

MLS Number: PAPH2485546

Bright MLS

APN: 081073100