1905 S Ithan St Philadelphia, PA 19143
Southwest Schuylkill NeighborhoodEstimated payment $951/month
Total Views
7,451
--
Bed
--
Bath
1,162
Sq Ft
$119
Price per Sq Ft
Highlights
- Traditional Architecture
- 2-minute walk to Chester Avenue And 57Th Street
- Forced Air Heating System
- Wood Flooring
About This Home
This is a fully occupied 2-unit multifamily located in the quickly appreciating Kingsessing neighborhood! This is one of the rare investment opportunities in Philadelphia that still has positive cash flows even at the current interest rates. Please review the P&L statement included in the Documents tab of the MLS listing. There is plenty of opportunity for value-add with regard to the cosmetic features of the units, but most of the plumbing, electrical, and mechanicals have already been upgraded for you! This is a great property to add to your investment portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,348
Year Built
- Built in 1925
Lot Details
- 934 Sq Ft Lot
- Lot Dimensions are 15.00 x 62.00
- Property is in average condition
Home Design
- Duplex
- Traditional Architecture
- Stone Foundation
- Masonry
Interior Spaces
- 1,162 Sq Ft Home
- Wood Flooring
- Unfinished Basement
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating System
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 132
- Assessor Parcel Number 514224700
Community Details
Overview
- 2 Units
Building Details
- Income includes apartment rentals
- Insurance Expense $1,421
- Maintenance Expense $750
- Other Expense $4,964
- Net Operating Income $8,846
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,349 | $167,800 | $33,500 | $134,300 |
| 2024 | $2,349 | $167,800 | $33,500 | $134,300 |
| 2023 | $2,349 | $167,800 | $33,560 | $134,240 |
| 2022 | $942 | $167,800 | $33,560 | $134,240 |
| 2021 | $942 | $0 | $0 | $0 |
| 2020 | $942 | $0 | $0 | $0 |
| 2019 | $822 | $0 | $0 | $0 |
| 2018 | $545 | $0 | $0 | $0 |
| 2017 | $545 | $0 | $0 | $0 |
| 2016 | $545 | $0 | $0 | $0 |
| 2015 | $521 | $0 | $0 | $0 |
| 2014 | -- | $38,900 | $3,268 | $35,632 |
| 2012 | -- | $6,912 | $1,148 | $5,764 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2025 03/22/25 | For Sale | $138,000 | +76.9% | $119 / Sq Ft |
| 12/20/2018 12/20/18 | Sold | $78,000 | -2.5% | $79 / Sq Ft |
| 11/12/2018 11/12/18 | Pending | -- | -- | -- |
| 11/08/2018 11/08/18 | Price Changed | $79,999 | -5.9% | $81 / Sq Ft |
| 10/16/2018 10/16/18 | For Sale | $85,000 | -- | $86 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $78,000 | One Abstract Svcs Llc | |
| Deed | $34,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $58,500 | New Conventional | |
| Previous Owner | $5,129 | Seller Take Back |
Source: Public Records
Similar Homes in Philadelphia, PA
Source: Bright MLS
MLS Number: PAPH2459642
APN: 514224700
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