NOT LISTED FOR SALE
-- Bed
-- Bath
2,339 Sq Ft
2,018 Sq Ft Lot

Last Sold August 11, 2023

Last sale price $676,500 $289 Per Sq Ft

228 Days on Market

Highlights

  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • Property is in excellent condition
  • Wood Flooring
  • Ceiling Fan

About This Home

As of August 2023

Welcome to 1631 Germantown Avenue, the triplex you have been waiting for. A tremendous investor opportunity or for an owner-occupied setting. A fully remodeled and renovated triplex in Olde Kensington; one of the hottest and most thriving areas in Philly. This location is growing at rapid speeds. 1631 Germantown includes 3 separate units (condos or apartments), with 1 unit per floor in a 3-story property. Each unit offers a generously sized living/dining room combo, 2 very spacious bedrooms, 1-bathroom, great closet, and storage space and all the bells and whistles. There’s hardwood flooring throughout and each kitchen is furnished with stainless steel appliances giving a warmly desirable modern feel with great finishes. Each apartment has their own HVAC system, which includes central air and gas heat. Additionally, the 3rd floor unit offers a vaulted/cathedral style ceiling in the living room. Modern recessed lighting and large spaces make each apartment feel welcoming. Utilities are separately metered. Vacant and easy to show. Recent comparable leases in immediate vicinity for similar 2-bedroom 1-bathroom apartments have high value with low DOM. Great investment opportunity! There is an enormous amount of development in the area, including both residential and commercial. Numerous restaurants, pubs, grocery stores, pet supply stores and greenspaces are all nearby, as well Temple, Northern Liberties and Fishtown; all within a short walk away. Numerous Indego Bike Shares a short walk away, as well as phenomenal public transportation, including Girard Ave Trolley, the MFL and buses. Please call with any questions. Property is available for immediate possession. Room dimensions/measurements and 3D Matterport tour available upon request. Schedule your showing today, this is a must see rare opportunity.

Last Agent to Sell the Property

Kevin Wilkins

(267) 251-0405 kevin@centercity.com BHHS Fox & Roach-Center City Walnut Listed on: 10/26/2022

BHHS Fox & Roach-Center City Walnut

Last Buyer's Agent

Israel Villafana

(267) 368-9545 hispanicoga@gmail.com Compass RE

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,052

Year Built

  • Built in 1915 | Remodeled in 2020

Lot Details

  • 2,018 Sq Ft Lot
  • Lot Dimensions are 35.00 x 57.66
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Contemporary Architecture
  • Straight Thru Architecture
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 2,339 Sq Ft Home
  • Ceiling Fan

Flooring

  • Wood
  • Tile or Brick

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Community Details

  • 3 Units
  • Olde Kensington Subdivision

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 881078730

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,052

Year Built

Built in 1915 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary, Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2022-10-26
  • Year Built: 1915
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood, Tile/Brick
  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 2339
  • Living Area Sq Ft: 2339
  • Price Per Sq Ft: 288.58
  • Above Grade Finished Sq Ft: 2339
  • Above Grade Finished Area Units: Square Feet

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
  • Type Of Parking: On Street

Utilities

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

Schools

  • School District Source: 3rd Party

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 35.00 x 57.66
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2018.00
  • Property Condition: Excellent
  • Zoning: RM1

Rental Info

  • Existing Lease Type: Yearly
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 1126.00
  • Tax Annual Amount: 2052.00
  • Assessor Parcel Number: 881078730
  • Tax Lot: 50
  • Tax Year: 2021

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2023 08/11/23 Sold $676,500 +0.2% $289 / Sq Ft
03/13/2023 03/13/23 Price Changed $675,000 -3.4% $289 / Sq Ft
10/26/2022 10/26/22 For Sale $699,000 -- $299 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2166730

Bright MLS

APN: 88-1078730