$950,000

Estimated payment $6,013/month

Total Views 219
-- Bed
-- Bath
2,760 Sq Ft
$344 Price per Sq Ft

Highlights

  • Central Heating and Cooling System
  • 5-minute walk to Fairmount
  • 3-minute walk to Francisville Recreation Center
  • Laundry Facilities
  • Property is in excellent condition

About This Home

MPN Realty, Inc. is pleased to present the exclusive sale of 1630 Brown St., a 4-unit apartment building in the heart of Fairmount. The property was fully renovated in 2013, featuring new kitchens with stainless steel appliances, granite counters & new cabinets; tile surround baths; new flooring throughout; and all new systems. The unit mix consists of (2) 2 bed/ 1 bath units and (2) 1 bed/ 1 bath units, all of which are self-contained. The property is ideal for investors and owner occupants and provides a value-add opportunity as there is room to increase the rents. Located in the Fairmount section of Philadelphia, the site is in a very desirable area with easy access to Center City, the Art Museum, I-676, and public transportation via the Broad St line and many bus routes. Over the past couple of years Fairmount has experienced a tremendous amount of development, with new apartments and new retailers coming to the bustling commercial corridors of N. Broad St., Spring Garden St., and Fairmount Ave.

Listing Agent

Nadia Bilynsky

Mallin Panchelli Nadel Realty Inc Listed on: 08/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,032

Year Built

  • Built in 1920 | Remodeled in 2013

Lot Details

  • 1,440 Sq Ft Lot
  • Property is in excellent condition

Home Design

  • 2,760 Sq Ft Home
  • Quadruplex
  • Stone Foundation
  • Masonry

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tax Lot 148
  • Assessor Parcel Number 152237000

Community Details

Overview

  • 4 Units
  • Fairmount Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $1,770
  • Maintenance Expense $4,000
  • Trash Expense $500
  • Operating Expense $22,828
  • Net Operating Income $42,152

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,032

Year Built

Built in 1920 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1920
  • Year Renovated: 2013
  • Remarks Public: MPN Realty, Inc. is pleased to present the exclusive sale of 1630 Brown St., a 4-unit apartment building in the heart of Fairmount. The property was fully renovated in 2013, featuring new kitchens with stainless steel appliances, granite counters & new cabinets; tile surround baths; new flooring throughout; and all new systems. The unit mix consists of (2) 2 bed/ 1 bath units and (2) 1 bed/ 1 bath units, all of which are self-contained. The property is ideal for investors and owner occupants and provides a value-add opportunity as there is room to increase the rents. Located in the Fairmount section of Philadelphia, the site is in a very desirable area with easy access to Center City, the Art Museum, I-676, and public transportation via the Broad St line and many bus routes. Over the past couple of years Fairmount has experienced a tremendous amount of development, with new apartments and new retailers coming to the bustling commercial corridors of N. Broad St., Spring Garden St., and Fairmount Ave.
  • Special Features: None

Interior Features

  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Common, Shared
  • Total Sq Ft: 2760
  • Living Area Sq Ft: 2760
  • Price Per Sq Ft: 344.20
  • Above Grade Finished Sq Ft: 2760
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1630

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: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: Philadelphia City
  • School District Key: 804065840788

Lot Info

  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1440.00
  • Property Condition: Excellent
  • Zoning: RM1

Rental Info

  • Rent Control: No
  • Total Actual Rent: 64980.00
  • Units Leased Count: 4
  • Vacation Rental: No

Multi Family

  • Operating Expense: 22828.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • School Tax: 5618.00
  • Tax Annual Amount: 10032.00
  • Assessor Parcel Number: 152237000
  • Tax Lot: 148
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

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 $13,063 $716,700 $143,340 $573,360
2024 $13,063 $716,700 $143,340 $573,360
2023 $8,256 $933,200 $186,640 $746,560
2022 $5,677 $589,782 $186,640 $403,142
2021 $5,676 $0 $0 $0
2020 $5,676 $0 $0 $0
2019 $9,376 $0 $0 $0
2018 $0 $0 $0 $0
2017 $5,742 $0 $0 $0
2016 $5,742 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $410,200 $58,320 $351,880
2012 -- $5,216 $1,734 $3,482
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 For Sale $950,000 +900.0% $344 / Sq Ft
10/19/2012 10/19/12 Sold $95,000 -4.9% $67 / Sq Ft
09/18/2012 09/18/12 Pending -- -- --
09/13/2012 09/13/12 For Sale $99,900 -- $70 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $95,000 None Available
Deed $10,000 First American Title Insuran
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2529436

Bright MLS

APN: 152237000