NOT LISTED FOR SALE
-- Bed
3 Baths
-- Sq Ft
1,633 Sq Ft Lot

Last Sold July 16, 2019

Last sale price $1,485,000

402 Days on Market

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Heat Pump System
  • No HOA
  • Laundry Facilities
  • 2-minute walk to Three Bears Park

About This Home

As of July 2019

Great opportunity to purchase a completely renovated and self contained 5 unit apartment building in the finest location in Society Hill. Features include a common basement, common laundry room, common red brick yard and an APPROVED 10 year tax abatement. All units offer living rooms, hardwood flooring, non-working fireplace mantles, exposed brick walls and windows. The kitchens boast white cabinetry, granite countertops, stainless steel appliances, tile backsplashes and tile flooring. The bathrooms feature contemporary vanities and all-tile stall showers. All units are 1 bedroom, 1 bath, except for 3rd floor front, which is a bi-level 3 bedroom, 1.5 bath unit. The common basement hosts ample storage space and all new electric, heaters and plumbing. Electric heat pumps in each unit for heating and cooling. There are 5 gas meters, 6 electric meters and 6 electric hot water tanks. Owner pays electric for common hall and laundry room & electric hot water for laundry room. All other utilities are separately metered and paid by tenant. Great long term blue chip investment! Located just a stone's throw from HeadHouse Square, 3 Bears Park, the waterfront and more!

Last Agent to Sell the Property

Michael McCann

KW Empower License #AB049770L Listed on: 03/26/2018

KW Empower

Last Buyer's Agent

Michael McCann

KW Empower License #AB049770L Listed on: 03/26/2018

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,735

Year Built

  • Built in 1919

Lot Details

  • 1,633 Sq Ft Lot
  • Lot Dimensions are 20x80

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 881502410

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Society Hill Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Income includes apartment rentals, laundry
  • Electric Expense $720
  • Insurance Expense $1,200
  • Maintenance Expense $2,016
  • Trash Expense $300
  • Operating Expense $13,695

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,735

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: All Refrigerators, Washers And Dryers
  • New Construction: No
  • Storage: Basement
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Common
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 235

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: 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 Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Monthly Average Electric: 59
  • Electric Expense: 720.00
  • Previous Twelve Months Electric Expense: 703.00
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 80
  • Water Previous Twelve Months: 964.00
  • Water Sewer Expenses: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Land Use Code: CA0
  • Lot Size Acres: 0.04
  • Lot Dimensions: 20X80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1633.00
  • Zoning: RM1

Rental Info

  • Rent Control: No
  • Total Actual Rent: 97720.00
  • Vacation Rental: No

Multi Family

  • Income Includes: Apartment Rentals, Laundry
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Tax Info

  • Tax Annual Amount: 10735.00
  • Assessor Parcel Number: 881502410
  • Tax Lot: 31
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 07/16/2019

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
07/16/2019 07/16/19 Sold $1,485,000 -4.2% --
05/02/2019 05/02/19 Pending -- -- --
03/01/2019 03/01/19 Price Changed $1,550,000 -2.5% --
08/27/2018 08/27/18 Price Changed $1,590,000 -3.6% --
03/26/2018 03/26/18 For Sale $1,650,000 +120.0% --
04/03/2017 04/03/17 Sold $750,000 -16.7% $242 / Sq Ft
10/28/2016 10/28/16 Pending -- -- --
09/23/2016 09/23/16 Price Changed $900,000 -5.3% $290 / Sq Ft
08/12/2016 08/12/16 For Sale $950,000 0.0% $306 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $950,000 -- $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: 1000308236

Bright MLS