$991,500
SOLD FEB 14, 2022

1917 Spring Garden St Philadelphia, PA 19130

Spring Garden Neighborhood
-- Bed
-- Bath
3,342 Sq Ft
1,620 Sq Ft Lot

Recently Sold

$297 Per Sq Ft

17% Below List Price

Highlights

  • Contemporary Architecture
  • Hot Water Baseboard Heater
  • 3-minute walk to Roberto Clemente Park & Playground
  • Wood Flooring

About This Home

As of February 2022

Here you have a well-maintained 4-story, 6 unit apartment building, in highly sought-after Art Museum Area. The property is fully occupied and all units are separately metered for gas and electricity. All tenants are on a 1-year lease that ends in the Spring / Summer of 2022. The basement has 2 dryers and 2 washers that are app operated. Monthly Income: $6235, annual Income: $74,820 .and Net Operating Income: $51,597. There is also a parking spot that rents for $150 per month. When units become available in this building there is always tons of interest. There is a great deal of value add and with rents well below market values for the area, you can definitely increase the rent significantly. You could merely just upgrade the appliances and countertops and increase rents. Recorded video walk-throughs of units are available upon request.

Last Agent to Sell the Property

Maurice Cornelius

(215) 767-3816 mcornelius@pre215.com Philadelphia Realty Exchange License #RM425583 Listed on: 10/15/2021

Last Buyer's Agent

Maurice Cornelius

(215) 767-3816 mcornelius@pre215.com Philadelphia Realty Exchange License #RM425583 Listed on: 10/15/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,712

Year Built

  • Built in 1880

Lot Details

  • 1,620 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 3,342 Sq Ft Home
  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Stone Foundation
  • Stucco

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • Art Museum Area Subdivision
  • Trash Expense $2,100

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 881581000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,712

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Remarks Public: Here you have a well-maintained 4-story, 6 unit apartment building, in highly sought-after Art Museum Area. The property is fully occupied and all units are separately metered for gas and electricity. All tenants are on a 1-year lease that ends in the Spring / Summer of 2022. The basement has 2 dryers and 2 washers that are app operated. Monthly Income: $6235, annual Income: $74,820 .and Net Operating Income: $51,597. There is also a parking spot that rents for $150 per month. When units become available in this building there is always tons of interest. There is a great deal of value add and with rents well below market values for the area, you can definitely increase the rent significantly. You could merely just upgrade the appliances and countertops and increase rents. Recorded video walk-throughs of units are available upon request.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Foundation Details: Block, Stone
  • Total Sq Ft: 3342
  • Living Area Sq Ft: 3342
  • Price Per Sq Ft: 359.07
  • Above Grade Finished Sq Ft: 3342
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1917

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Brick
  • 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: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Improvement Assessed Value: 62899.00
  • Land Assessed Value: 6221.00
  • Land Use Code: CA0
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1620.00
  • Zoning: R10

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: 1411813
  • Tax Annual Amount: 5712.00
  • Assessor Parcel Number: 881581000
  • Tax Lot: 18
  • Tax Year: 2007
  • Close Date: 02/14/2022

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 Change Sq Ft Price
11/01/2025 11/01/25 For Rent $1,500 0.0% --
02/14/2022 02/14/22 Sold $991,500 -17.4% $297 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $1,200,000 -- $359 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Maurice Cornelius

    Seller's Agent in 2022

    Maurice Cornelius

    Philadelphia Realty Exchange

    (215) 767-3816

    2 in this area

    43 Total Sales

    Maurice Cornelius
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Map

Source: Bright MLS

MLS Number: PAPH2037270

Bright MLS
Pennsylvania Philadelphia County Philadelphia 19130 Spring Garden

1917 Spring Garden St, Philadelphia, PA

This home is located at 1917 Spring Garden St, Philadelphia, PA 19130 and is currently priced at $991,500, approximately $296 per square foot. This property was built in 1880. 1917 Spring Garden St is a home located in Philadelphia County with nearby schools including Laura Wheeler Waring Public School, Benjamin Franklin High School, and St Francis Xavier School.

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