$634,900
PENDING

Estimated payment $3,669/month

Total Views 2,722
-- Bed
-- Bath
5,400 Sq Ft
$118 Price per Sq Ft

Highlights

  • Straight Thru Architecture
  • Central Heating and Cooling System
  • 5-minute walk to Cecil B Moore

About This Home

Welcome to an exceptional investment opportunity in close proximity to Temple University campus! This four-story commercial/multi-family property presents an ideal prospect for investors, particularly those interested in student housing.Situated on an 18 x 80 lot, this property boasts a versatile layout designed to maximize its earning potential. The first floor features a spacious commercial space with flexible usage options, making it suitable for offices, retail stores, non-profit organizations, and more. This prime location ensures high visibility and foot traffic, enhancing the appeal for various business ventures.Above the commercial space are three units, each comprising five bedrooms and three full bathrooms. With ample living space and modern amenities, these units are perfectly tailored to meet the housing needs of University students. Whether utilized as long-term rentals or short-term accommodations, these units offer lucrative income potential.Furthermore, the property benefits from a remaining tax abatement, providing valuable savings for the discerning investor. This advantageous financial incentive adds to the appeal of this investment opportunity, allowing for increased profitability over time.Don't miss out on the chance to capitalize on this prime investment near Temple University. Whether you're a seasoned investor or new to the market, seize this opportunity to secure a profitable asset in one of Philadelphia's most sought-after locations. Schedule a viewing today and take the first step towards realizing your investment goals!

Listing Agent

Kurt Werner

RE/MAX Keystone Listed on: 04/16/2024

RE/MAX Keystone

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,587

Year Built

  • Built in 2017

Lot Details

  • 1,440 Sq Ft Lot
  • Lot Dimensions are 18.00 x 80.00

Parking

  • On-Street Parking

Home Design

  • 5,400 Sq Ft Home
  • Quadruplex
  • Straight Thru Architecture
  • Split Level Home
  • Block Foundation
  • Masonry

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 264
  • Assessor Parcel Number 871403235

Community Details

Overview

  • 4 Units
  • 4-Story Building
  • Temple University Subdivision

Building Details

  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,587

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Split Level, Straight Thru
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 2017
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to an exceptional investment opportunity in close proximity to Temple University campus! This four-story commercial/multi-family property presents an ideal prospect for investors, particularly those interested in student housing. Situated on an 18 x 80 lot, this property boasts a versatile layout designed to maximize its earning potential. The first floor features a spacious commercial space with flexible usage options, making it suitable for offices, retail stores, non-profit organizations, and more. This prime location ensures high visibility and foot traffic, enhancing the appeal for various business ventures. Above the commercial space are three units, each comprising five bedrooms and three full bathrooms. With ample living space and modern amenities, these units are perfectly tailored to meet the housing needs of University students. Whether utilized as long-term rentals or short-term accommodations, these units offer lucrative income potential. Furthermore, the property benefits from a remaining tax abatement, providing valuable savings for the discerning investor. This advantageous financial incentive adds to the appeal of this investment opportunity, allowing for increased profitability over time. Don't miss out on the chance to capitalize on this prime investment near Temple University. Whether you're a seasoned investor or new to the market, seize this opportunity to secure a profitable asset in one of Philadelphia's most sought-after locations. Schedule a viewing today and take the first step towards realizing your investment goals!
  • Special Features: RealEstateOwned

Interior Features

  • Foundation Details: Block
  • Total Sq Ft: 5400
  • Living Area Sq Ft: 5400
  • Price Per Sq Ft: 117.57
  • Above Grade Finished Sq Ft: 5400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1702

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Use Code: Y70
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18.00 x 80.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1440.00
  • Year Assessed: 2023
  • Zoning: CMX25

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 871.00
  • Tax Annual Amount: 1587.00
  • Assessor Parcel Number: 871403235
  • Tax Lot: 264
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Number Of Units Vacant: 3
  • Other Units: Unit 1,Unit 2,Unit 3

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 $1,587 $579,300 $115,860 $463,440
2024 $1,587 $579,300 $115,860 $463,440
2023 $1,587 $567,000 $113,400 $453,600
2022 $1,512 $113,400 $113,400 $0
2021 $1,512 $0 $0 $0
2020 $518 $0 $0 $0
2019 $518 $0 $0 $0
2018 $302 $0 $0 $0
2017 $302 $0 $0 $0
2016 $2,725 $0 $0 $0
2015 $2,609 $0 $0 $0
2014 -- $194,700 $21,600 $173,100
2012 -- $4,000 $911 $3,089
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Off Market $634,900 -- --
06/02/2025 06/02/25 Pending -- -- --
06/01/2025 06/01/25 For Sale $634,900 0.0% $118 / Sq Ft
05/05/2025 05/05/25 Off Market $634,900 -- --
03/10/2025 03/10/25 Price Changed $634,900 -2.3% $118 / Sq Ft
02/05/2025 02/05/25 Price Changed $649,900 -2.3% $120 / Sq Ft
12/11/2024 12/11/24 Price Changed $664,900 -5.0% $123 / Sq Ft
11/21/2024 11/21/24 Price Changed $699,900 -3.4% $130 / Sq Ft
09/03/2024 09/03/24 Price Changed $724,900 -3.3% $134 / Sq Ft
08/13/2024 08/13/24 Price Changed $749,900 -3.2% $139 / Sq Ft
07/12/2024 07/12/24 Price Changed $774,900 -3.1% $144 / Sq Ft
06/11/2024 06/11/24 Price Changed $799,900 -3.0% $148 / Sq Ft
05/14/2024 05/14/24 Price Changed $824,900 -2.9% $153 / Sq Ft
04/16/2024 04/16/24 For Sale $849,900 +385.7% $157 / Sq Ft
10/07/2013 10/07/13 Sold $175,000 -12.5% $58 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
07/24/2013 07/24/13 For Sale $199,900 -- $67 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Sheriffs Deed $712,000 Land Title
Sheriffs Deed $712,000 Land Title
Sheriffs Deed $712,000 Land Title
Deed $175,000 None Available
Deed -- --
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2343696

Bright MLS

APN: 871403235