NOT LISTED FOR SALE

Estimated Value: $650,000 - $1,042,794

-- Bed
7 Baths
4,000 Sq Ft
$209/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $750,000 $188 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,748/month

40 Days on Market

About This Home

As of October 2019

Situated in one of Philadelphia s most desirable neighborhoods just east of Brewerytown and Girard college, this new construction triplex is a perfect easy to manage turn-key investment. This property is currently bringing in $66,000 annually with low maintenance costs and full 10-year tax abatement. This Triplex includes 3 spacious units with exclusive high-end finishes and amenities you won t see anywhere else. Throughout the property, you will find unparalleled luxuries such as custom hardwood floors, smart home Ecobee thermostats, elegant kitchens which include quartzite stone and Samsung and Bosch appliances, imported European high-efficiency windows and contemporary interior and exterior doors. Each unit includes custom bathrooms with beautifully designed tiles, European vanities, glass enclosures and many other luxury features. With the quality and uniqueness of all the elements that were used to construct this property, there is nothing else on the market that comes close to what is offered here. The first-floor is a bi-level unit that is 3 beds, 3.5 baths, and a private backyard large enough for entertainment. The second-floor unit is 1 bed, 2 full baths, and gorgeous unobstructed views of the neighborhood. The third penthouse level unit is 2 beds and 2 full baths with a fiberglass private rooftop deck to relax and sunbathe or have friends over for a BBQ or an unforgettable rooftop party. The building includes a security camera system, video intercom, network wiring for each room, an gas heating system with the option for a more efficient HVAC gas service and range for each unit.Residents can benefit from bike rides or runs in nearby Fairmount Park, indulge in close by restaurants, cafes, and bars, or relax while taking a stroll on a trail that runs along the neighboring Schuylkill river. This triplex is located in an amazing up and coming area that has a residential feel, yet includes endless options of the city life within arm s reach. Get in before prices get even higher.

Last Agent to Sell the Property

Jason Rabinovich

BHHS Fox & Roach-Center City Walnut License #AB068249 Listed on: 06/24/2019

BHHS Fox & Roach-Center City Walnut

Co-Listed By

Eric Dvotsky

BHHS Fox & Roach-Center City Walnut License #rs332410

Last Buyer's Agent

Andrew Janos

Purvue LLC License #RM425524

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,190

Year Built

  • Built in 2018

Lot Details

  • 1,216 Sq Ft Lot
  • Lot Dimensions are 16.00 x 76.00

Home Design

  • Triplex
  • Fiberglass Roof
  • Masonry

Interior Spaces

  • 4,000 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 76
  • Assessor Parcel Number 291097500

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals
  • Net Operating Income $60,332

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,190

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2018
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 4000
  • Living Area Sq Ft: 4000
  • Price Per Sq Ft: 197.50
  • Above Grade Finished Sq Ft: 4000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2110

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Roof: Fiberglass
  • 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 Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Use Code: O50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 76.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1216.00
  • Year Assessed: 2020
  • Zoning: RM1

Rental Info

  • Total Actual Rent: 66000.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 1202.00
  • Tax Annual Amount: 2190.00
  • Assessor Parcel Number: 291097500
  • Tax Lot: 76
  • Tax Total Finished Sq Ft: 2572
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 10/11/2019

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Sep 23, 2019
Sold by
1835 Realty Llc
Bought by
2024 Green Street Associates Inc
Seller's Agent
Jason Rabinovich
BHHS Fox & Roach-Center City Walnut
Buyer's Agent
Andrew Janos
Purvue LLC
List Price
$790,000
Sold Price
$750,000
Premium/Discount to List
-$40,000
-5.06%
Current Estimated Value
$833,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,868
Avg. Annual Appreciation
4.52%
Original Mortgage
$1,180,000
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 15, 2017
Closed on
Jul 26, 2017
Sold by
The Prime St Holdings Lp
Bought by
1835 Realty Llc
Seller's Agent
Ryan McManus
Keller Williams Liberty Place
Buyer's Agent
Ilya Markman
Elite Realty Group Unl. Inc.
List Price
$125,000
Sold Price
$102,000
Premium/Discount to List
-$23,000
-18.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
147.65%

Purchase Details

Closed on
May 4, 2016
Sold by
Jefferson Clifton
Bought by
The Prime Street Holdings Lp

Purchase Details

Closed on
Jul 10, 1993
Bought by
Jefferson Clifton
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
2024 Green Street Associates Inc $750,000 Stone Abstract
1835 Realty Llc $102,000 Glendale Abstract Lp
The Prime Street Holdings Lp $18,000 None Available
Jefferson Clifton $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2024 Green Street Associates I $895,000
Closed 2024 Green Street Associates Inc $1,180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $750,000 -5.1% $188 / Sq Ft
08/03/2019 08/03/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $790,000 +5.3% $198 / Sq Ft
07/03/2019 07/03/19 Off Market $750,000 -- --
06/24/2019 06/24/19 For Sale $790,000 +674.5% $198 / Sq Ft
07/31/2017 07/31/17 Sold $102,000 -18.4% $58 / Sq Ft
07/02/2017 07/02/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $125,000 -- $71 / 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 $2,189 $625,500 $125,100 $500,400
2024 $2,189 $625,500 $125,100 $500,400
2023 $2,189 $549,000 $156,400 $392,600
2022 $2,190 $156,400 $156,400 $0
2021 $2,190 $0 $0 $0
2020 $6,311 $0 $0 $0
2019 $1,691 $0 $0 $0
2018 $1,029 $0 $0 $0
2017 $1,029 $0 $0 $0
2016 $491 $0 $0 $0
2015 $470 $0 $0 $0
2014 -- $85,400 $5,643 $79,757
2012 -- $3,744 $1,245 $2,499
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH810406

Bright MLS

APN: 291097500