$275,000
PENDING

Estimated payment $1,883/month

Total Views 3,531
-- Bed
-- Bath
2,214 Sq Ft
$124 Price per Sq Ft

Highlights

  • Wood Flooring
  • Electric Baseboard Heater
  • 2-minute walk to Martin Luther King Recreation

About This Home

Excellent Investment Opportunity – Potential Triplex Conversion - PROPERTY SOLD AS IS

This versatile property is currently configured as a duplex but can be easily converted into a triplex,
as the basement has been started but not completed. Maximizing rental income potential. It features 6 bedrooms, and 2 bathrooms spread across three spacious floors, each with its own living areas.

First Floor: 2 bedrooms, 1 full bathroom, kitchen, and living space

Second Floor: 2 bedrooms, 1 full bathroom, kitchen, and living space

Third Floor: 2 additional bedrooms currently utilized by the second-floor tenant

This investment property currently generates $3,200 per month in rental income, with potential for even more once converted into a legal triplex. Whether you're an investor looking to expand your portfolio or a homeowner seeking a big spaces house with some rental income, this property offers flexibility and strong upside potential.

Don’t miss out on this rare opportunity!

Listing Agent

Mohammed Abuali

RE/MAX Central - South Philadelphia License #Rs375779 Listed on: 05/19/2025

RE/MAX Central - South Philadelphia

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,753

Year Built

  • Built in 1915

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 17.00 x 69.00
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 2,214 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 2 Units
  • 3-Story Building
  • Philadelphia Subdivision

Listing and Financial Details

  • Tax Lot 213
  • Assessor Parcel Number 472034300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,753

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Remarks Public: Excellent Investment Opportunity – Potential Triplex Conversion - PROPERTY SOLD AS IS This versatile property is currently configured as a duplex but can be easily converted into a triplex, as the basement has been started but not completed. Maximizing rental income potential. It features 6 bedrooms, and 2 bathrooms spread across three spacious floors, each with its own living areas. First Floor: 2 bedrooms, 1 full bathroom, kitchen, and living space Second Floor: 2 bedrooms, 1 full bathroom, kitchen, and living space Third Floor: 2 additional bedrooms currently utilized by the second-floor tenant This investment property currently generates $3,200 per month in rental income, with potential for even more once converted into a legal triplex. Whether you're an investor looking to expand your portfolio or a homeowner seeking a big spaces house with some rental income, this property offers flexibility and strong upside potential. Don’t miss out on this rare opportunity!
  • Special Features: None

Interior Features

  • Flooring Type: Ceramic Tile, Hardwood
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2214
  • Living Area Sq Ft: 2214
  • Price Per Sq Ft: 124.21
  • Above Grade Finished Sq Ft: 2214
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2055

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • 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: Window Unit(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 17.00 x 69.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871.20
  • Property Condition: Average
  • Year Assessed: 2025
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2662.00
  • Tax Annual Amount: 4753.00
  • Assessor Parcel Number: 472034300
  • Tax Lot: 213
  • Tax Total Finished Sq Ft: 2205
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Average Value
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Sold Price
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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 $7,191 $339,599 $67,920 $271,679
2024 $7,191 $339,599 $67,920 $271,679
2023 $7,191 $513,699 $102,740 $410,959
2022 $3,456 $486,900 $102,740 $384,160
2021 $3,831 $0 $0 $0
2020 $3,831 $0 $0 $0
2019 $3,704 $0 $0 $0
2018 $1,041 $0 $0 $0
2017 $1,323 $0 $0 $0
2016 $1,041 $0 $0 $0
2015 $997 $0 $0 $0
2014 -- $94,500 $6,138 $88,362
2012 -- $9,696 $2,421 $7,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 Pending -- -- --
06/20/2025 06/20/25 Price Changed $275,000 -8.3% $124 / Sq Ft
05/28/2025 05/28/25 Price Changed $299,900 -14.3% $135 / Sq Ft
05/19/2025 05/19/25 For Sale $349,900 -- $158 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $156,000 None Available
Deed $42,500 None Available
Deed $220,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $159,350 Commercial
Previous Owner $138,000 Commercial
Previous Owner $130,000 Commercial
Previous Owner $154,000 Commercial
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2484428

Bright MLS

APN: 472034300