NOT LISTED FOR SALE
-- Bed
6 Baths
2,832 Sq Ft
1,301 Sq Ft Lot

Last Sold April 15, 2024

Last sale price $587,500 $207 Per Sq Ft

47 Days on Market

About This Home

As of April 2024

**Investor Special: Prime Multi-Unit Properties in Philadelphia**

Explore the limitless potential of real estate investment with our exclusive offerings: 1931 N 18th St and 1946 N Gratz St, Philadelphia, PA. These strategically located multi-unit buildings are available for individual purchase or as a combined package for 1.3 Million, presenting an unparalleled opportunity for investors.

Package Deal Highlights:
- **Combined Price:** 1931 N 18th St and 1946 N Gratz St can be purchased as a package for 1.3 Million, offering potential buyers a comprehensive investment portfolio.

1931 N 18th St Features:
- **8 Units:** A multi-unit building with eight separate units, currently boasting a 100% occupancy rate.

- **Prime Location:** Ideal for Temple Campus student housing, ensuring a constant demand for rental units.

- **Public Transportation:** Convenient access to buses and subway stations, facilitating easy commuting for students and professionals alike.

- **Rent Potential:** Above market rents with the ability to increase for additional cash flow, making it a lucrative investment.

Exclusive 3D Tour Video Walkthrough:
Immerse yourself in our 3D tour video walkthrough, providing an in-depth exploration of each unit's layout. Visualize the investment potential and make informed decisions.

Showings:
To schedule a showing, please note the following:
- 48-hour notice is required for all showings.
- Agents must provide proof of funds or a preapproval letter before scheduling a showing.
- Clients are required to review the building financials and available media before attending a showing.

Investment Prerequisites:
Ensure a successful investment by completing due diligence:
- Review the 3D tour and video walkthrough to assess unit conditions and layouts.

Seize the opportunity to secure a lucrative investment in Philadelphia's dynamic real estate market. For inquiries and to schedule a showing, Don't miss the chance to unlock the potential of 1931 N 18th St and 1946 N Gratz St – your gateway to a thriving real estate portfolio!

Last Agent to Sell the Property

William Holder

Real of Pennsylvania License #2077526 Listed on: 11/10/2023

Real of Pennsylvania

Last Buyer's Agent

William Holder

Real of Pennsylvania License #2077526 Listed on: 11/10/2023

Real of Pennsylvania

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,034

Year Built

  • Built in 2013

Lot Details

  • 1,301 Sq Ft Lot
  • Lot Dimensions are 16.00 x 81.00

Parking

  • On-Street Parking

Home Design

  • 2,832 Sq Ft Home
  • Contemporary Architecture
  • Masonry

Schools

  • Penn Alexander Elementary School
  • Penn Alexander Middle School
  • Strawberry Mansion High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • 4 Units
  • 3-Story Building

Listing and Financial Details

  • Tax Lot 165
  • Assessor Parcel Number 321248700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,034

Year Built

Built in 2013

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: 2013
  • Automatically Close On Close Date: No
  • Remarks Public: **Investor Special: Prime Multi-Unit Properties in Philadelphia** Explore the limitless potential of real estate investment with our exclusive offerings: 1931 N 18th St and 1946 N Gratz St, Philadelphia, PA. These strategically located multi-unit buildings are available for individual purchase or as a combined package for 1.3 Million, presenting an unparalleled opportunity for investors. Package Deal Highlights: - **Combined Price:** 1931 N 18th St and 1946 N Gratz St can be purchased as a package for 1.3 Million, offering potential buyers a comprehensive investment portfolio. 1931 N 18th St Features: - **8 Units:** A multi-unit building with eight separate units, currently boasting a 100% occupancy rate. - **Prime Location:** Ideal for Temple Campus student housing, ensuring a constant demand for rental units. - **Public Transportation:** Convenient access to buses and subway stations, facilitating easy commuting for students and professionals alike. - **Rent Potential:** Above market rents with the ability to increase for additional cash flow, making it a lucrative investment. Exclusive 3D Tour Video Walkthrough: Immerse yourself in our 3D tour video walkthrough, providing an in-depth exploration of each unit's layout. Visualize the investment potential and make informed decisions. Showings: To schedule a showing, please note the following: - 48-hour notice is required for all showings. - Agents must provide proof of funds or a preapproval letter before scheduling a showing. - Clients are required to review the building financials and available media before attending a showing. Investment Prerequisites: Ensure a successful investment by completing due diligence: - Review the 3D tour and video walkthrough to assess unit conditions and layouts. Seize the opportunity to secure a lucrative investment in Philadelphia's dynamic real estate market. For inquiries and to schedule a showing, Don't miss the chance to unlock the potential of 1931 N 18th St and 1946 N Gratz St – your gateway to a thriving real estate portfolio!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Room Count: 8
  • Total Sq Ft: 2832
  • Living Area Sq Ft: 2832
  • Price Per Sq Ft: 229.52
  • Above Grade Finished Sq Ft: 2832
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1946

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
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Elementary School: PENN ALEXANDER
  • Middle School: PENN ALEXANDER SCHOOL
  • High School: STRAWBERRY MANSION
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397108
  • School District Source: Listing Agent
  • Elementary School: PENN ALEXANDER
  • High School: STRAWBERRY MANSION
  • Middle Or Junior School: PENN ALEXANDER SCHOOL

Lot Info

  • Land Use Code: W50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 81.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1301.00
  • Year Assessed: 2023
  • Zoning: RM1

Rental Info

  • Units Leased Count: 8
  • Vacation Rental: No

Tax Info

  • School Tax: 4408.00
  • Tax Annual Amount: 8034.00
  • Assessor Parcel Number: 321248700
  • Tax Lot: 165
  • Tax Total Finished Sq Ft: 2832
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 04/15/2024

Multi Family

  • Single Room Units Count: 8

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
04/15/2024 04/15/24 Sold $587,500 -9.6% $207 / Sq Ft
12/27/2023 12/27/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $650,000 -- $230 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

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 $8,035 $609,000 $121,800 $487,200
2024 $8,035 $609,000 $121,800 $487,200
2023 $8,035 $574,000 $114,800 $459,200
2022 $8,035 $574,000 $114,800 $459,200
2021 $1,081 $0 $0 $0
2020 $1,081 $0 $0 $0
2019 $761 $0 $0 $0
2018 $862 $0 $0 $0
2017 $862 $0 $0 $0
2016 $116 $0 $0 $0
2015 $111 $0 $0 $0
2014 -- $328,100 $8,282 $319,818
2012 -- $46,720 $4,672 $42,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2296438

Bright MLS

APN: 321248700