NOT LISTED FOR SALE

1526 N 18th St Philadelphia, PA 19121

North Philadelphia West Neighborhood

Estimated Value: $380,000

-- Bed
-- Bath
3,000 Sq Ft
$127/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $474,000 $158 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $2,424/month

47 Days on Market

About This Home

As of March 2022

Investor Alert! Income-producing 6-unit fully occupied! A rare opportunity. Six one-bedroom/one-bath apartments. Fully occupied. Schedule your showing today.

6-unit, CASH COW in one of Philly's hottest neighborhoods.
Currently brings in $4,410 per month.
Great long-term tenants with below market rents. New owner has the opportunity to further increase rents and cash flow.
Owners have made substantial improvements and upgrades since renovating the property. There is also further value-add in the upstairs units.
Brand new renovations in first-floor unit including new floors, appliances, electric, plumbing, cabinets, bathroom, and kitchen.
Tenants are billed for water usage which brings in an additional $1,800
***OUT-OF-STATE OWNERS NEED TO SELL BECAUSE OF 1031 TIMING***
Beautiful back porch area for tenants.
Spacious basement with the opportunity to add cash flowing laundry room.
An additional upside to increase rents.

Last Agent to Sell the Property

Alex Prince

(215) 431-5652 ALEX@TCSMGT.COM TCS Management, LLC License #RS322309 Listed on: 01/07/2022

Last Buyer's Agent

Jake Marcus

(267) 461-3177 jake.w.marcus@gmail.com Heritage Homes Realty License #RS348482

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,008

Year Built

  • Built in 1915

Lot Details

  • 2,191 Sq Ft Lot
  • Lot Dimensions are 21.91 x 100.00

Home Design

  • 3,000 Sq Ft Home
  • Traditional Architecture
  • Masonry

Utilities

  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 471302700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,008

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Other
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 166.63
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above 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: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 21.91 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2191.00

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Tax Info

  • Assessor Parcel Number: 1221110
  • Assessor Parcel Number: 471302700
  • Tax Year: 1900

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2019
Closed on
Dec 12, 2019
Sold by
Nash David
Bought by
The Thorstenson Sokolski Group Llc
Seller's Agent
Christos Tzimoulis
New Age Realty Group Inc
Buyer's Agent
Jean Codio
Realty Mark Associates-CC
List Price
$395,000
Sold Price
$395,100
Premium/Discount to List
$100
0.03%
Current Estimated Value
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,100
Avg. Annual Appreciation
-0.65%

Purchase Details

Closed on
Dec 22, 2008
Sold by
Lambdin Charles E
Bought by
Nash David
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
The Thorstenson Sokolski Group Llc $395,100 Go Abstract Services Llc
Nash David $67,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2022 03/10/22 Sold $474,000 -5.2% $158 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/03/2022 02/03/22 Price Changed $499,900 -8.9% $167 / Sq Ft
01/07/2022 01/07/22 For Sale $549,000 +39.0% $183 / Sq Ft
12/19/2019 12/19/19 Sold $395,100 0.0% $146 / Sq Ft View Prior Sale
10/09/2019 10/09/19 For Sale $395,000 -- $146 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

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
2026 $5,008 $311,700 $62,340 $249,360
2025 $5,008 $311,700 $62,340 $249,360
2024 $5,008 $311,700 $62,340 $249,360
2023 $5,008 $357,800 $71,560 $286,240
2022 $3,070 $357,800 $71,560 $286,240
2021 $3,070 $0 $0 $0
2020 $3,070 $0 $0 $0
2019 $2,968 $0 $0 $0
2018 $1,715 $0 $0 $0
2017 $1,715 $0 $0 $0
2016 $1,696 $0 $0 $0
2015 $1,865 $0 $0 $0
2014 -- $139,200 $16,213 $122,987
2012 -- $4,160 $756 $3,404
Source: Public Records

Agents Affiliated with this Home

  • Alex Prince

    Seller's Agent in 2022

    Alex Prince

    TCS Management, LLC

    (215) 431-5652

    4 in this area

    59 Total Sales

    Alex Prince
    Section Image
  • Jake Marcus

    Buyer's Agent in 2022

    Jake Marcus

    Heritage Homes Realty

    (267) 461-3177

    1 in this area

    36 Total Sales

    Jake Marcus
    Section Image
  • Christos Tzimoulis

    Seller's Agent in 2019

    Christos Tzimoulis

    New Age Realty Group Inc

    (484) 437-3126

    4 in this area

    48 Total Sales

    Christos Tzimoulis
    Section Image
  • Jean Codio

    Buyer's Agent in 2019

    Jean Codio

    Realty Mark Associates-CC

    (267) 815-8881

    1 in this area

    21 Total Sales

    Jean Codio
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2064368

Bright MLS

APN: 471302700

Pennsylvania Philadelphia County Philadelphia 19121 North Philadelphia West

1526 N 18th St, Philadelphia, PA

Not Listed for Sale

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