NOT LISTED FOR SALE
-- Bed
-- Bath
7,191 Sq Ft
3,388 Sq Ft Lot

Last Sold January 30, 2023

Last sale price $1,750,000 $243 Per Sq Ft

46 Days on Market

Highlights

  • 0.08 Acre Lot
  • Downtown Location
  • Radiator
  • Traditional Architecture
  • Central Air
  • 2-minute walk to Roberto Clemente Park & Playground

About This Home

As of January 2023

Investor trophy property 4-story, 11 unit apartment building that was designed by Frank Furness , in highly sought-after Art Museum Area. All units are separately metered for gas and electricity. The top floor 2 bedroom unit (M) has central air. The basement has 2 dryers and 2 washers that are leased app operated. There are also dedicated storage closets for each unit. The property is vacant and was last fully occupied in April of 2022. The property has an entire new cinder block wall from the basement level all the wall to the top of the building. Part of the basement floor is all new poured concrete. There is a great deal of value add for this building and with the right plan you could truly maximize the space and rents by reconfiguring the units. 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: 10/13/2022

Co-Listed By

John Perno

(215) 520-3923 jperno@pre215.com Philadelphia Realty Exchange License #RS122863A

Last Buyer's Agent

Maurice Cornelius

(215) 767-3816 mcornelius@pre215.com Philadelphia Realty Exchange License #RM425583 Listed on: 10/13/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,901

Year Built

  • Built in 1867

Lot Details

  • 3,388 Sq Ft Lot
  • Downtown Location

Home Design

  • 7,191 Sq Ft Home
  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation

Utilities

  • Central Air
  • Radiator
  • Natural Gas Water Heater
  • No Septic System

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 881803100

Community Details

Overview

  • 4-Story Building
  • Art Museum Area Subdivision

Building Details

  • Trash Expense $2,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,901

Year Built

Built in 1867

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Any Personal Items In Apartments/Basement and washers and dryers
  • New Construction: No
  • Year Built: 1867
  • Automatically Close On Close Date: No
  • Remarks Public: Investor trophy property 4-story, 11 unit apartment building that was designed by Frank Furness , in highly sought-after Art Museum Area. All units are separately metered for gas and electricity. The top floor 2 bedroom unit (M) has central air. The basement has 2 dryers and 2 washers that are leased app operated. There are also dedicated storage closets for each unit. The property is vacant and was last fully occupied in April of 2022. The property has an entire new cinder block wall from the basement level all the wall to the top of the building. Part of the basement floor is all new poured concrete. There is a great deal of value add for this building and with the right plan you could truly maximize the space and rents by reconfiguring the units. Recorded video walk-throughs of units are available upon request.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Brick/Mortar
  • Room Count: 13
  • Total Sq Ft: 7191
  • Living Area Sq Ft: 7191
  • Price Per Sq Ft: 278.13
  • Above Grade Finished Sq Ft: 7191
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1919

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Roof: Unknown
  • 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 Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: No Septic System
  • 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: 89590.00
  • Land Assessed Value: 10250.00
  • Land Use Code: CA0
  • Lot Size Acres: 0.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3388.00
  • Zoning: R10

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 150000.00
  • Single Room Units Count: 4

Tax Info

  • Assessor Parcel Number: 1412357
  • Tax Annual Amount: 9901.00
  • Assessor Parcel Number: 881803100
  • Tax Lot: 32
  • Tax Year: 2021
  • Close Date: 01/30/2023

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
01/30/2023 01/30/23 Sold $1,750,000 -12.5% $243 / Sq Ft
10/21/2022 10/21/22 Price Changed $1,999,999 -9.1% $278 / Sq Ft
10/13/2022 10/13/22 For Sale $2,200,000 -- $306 / 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: PAPH2169512

Bright MLS