$349,900
UNDER CONTRACT

Estimated payment $2,100/month

Total Views 588
-- Bed
-- Bath
2,889 Sq Ft
$121 Price per Sq Ft

About This Home

Discover a unique investment opportunity with this new listing—a fully updated, income-producing commercial property, featuring a bustling pizzeria on the first floor. Ideal for savvy investors, this corner building boasts one commercial space and three residential units (two 1-bedroom units and one 2-bedroom unit), all currently occupied and generating steady rental income.

Each apartment has received recent upgrades, offering modern living spaces with a cozy feel. The basement provides additional storage possibilities or could be converted into another useful amenity for tenants.

Located in a bustling area, this property ensures high visibility and traffic for the commercial tenant, while the residential units remain appealing due to their updated features and prime location.

This property is not just a building; it's a beacon of potential. Whether you're looking to expand your real estate portfolio or start one, this is the perfect springboard. Roll the dice, take a chance, and watch as your investment turns into a cornerstone of your financial empire!

Listing Agent

Brian Chica

Giraldo Real Estate Group License #rs363728 Listed on: 03/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,217

Year Built

  • Built in 1920

Lot Details

  • 1,244 Sq Ft Lot
  • Lot Dimensions are 18.00 x 67.00

Home Design

  • 2,889 Sq Ft Home
  • Quadruplex
  • Straight Thru Architecture
  • Permanent Foundation
  • Masonry

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 365
  • Assessor Parcel Number 871101500

Community Details

Overview

  • 4 Units
  • 3-Story Building
  • Hunting Park Subdivision

Building Details

  • Income includes shop rentals, apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,217

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Discover a unique investment opportunity with this new listing—a fully updated, income-producing commercial property, featuring a bustling pizzeria on the first floor. Ideal for savvy investors, this corner building boasts one commercial space and three residential units (two 1-bedroom units and one 2-bedroom unit), all currently occupied and generating steady rental income. Each apartment has received recent upgrades, offering modern living spaces with a cozy feel. The basement provides additional storage possibilities or could be converted into another useful amenity for tenants. Located in a bustling area, this property ensures high visibility and traffic for the commercial tenant, while the residential units remain appealing due to their updated features and prime location. This property is not just a building; it's a beacon of potential. Whether you're looking to expand your real estate portfolio or start one, this is the perfect springboard. Roll the dice, take a chance, and watch as your investment turns into a cornerstone of your financial empire!
  • Special Features: UnderContract

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Basement: No
  • Total Sq Ft: 2889
  • Living Area Sq Ft: 2889
  • Price Per Sq Ft: 121.11
  • Above Grade Finished Sq Ft: 2889
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2901

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

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Land Use Code: Y50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18.00 x 67.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1244.00
  • Year Assessed: 2025
  • Zoning: CMX25

Rental Info

  • Rent Control: No
  • Total Actual Rent: 44580.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 1241.00
  • Tax Annual Amount: 2217.00
  • Assessor Parcel Number: 871101500
  • Tax Lot: 365
  • Tax Total Finished Sq Ft: 2889
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Income Includes: Shop Rentals, Apartment Rentals
  • Single Room Units Count: 1

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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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 $1,775 $158,400 $31,680 $126,720
2024 $1,775 $158,400 $31,680 $126,720
2023 $1,775 $126,800 $25,360 $101,440
2022 $1,471 $126,800 $25,360 $101,440
2021 $1,471 $0 $0 $0
2020 $1,471 $0 $0 $0
2019 $1,457 $0 $0 $0
2018 $1,377 $0 $0 $0
2017 $1,618 $0 $0 $0
2016 $1,618 $0 $0 $0
2015 $1,549 $0 $0 $0
2014 -- $115,600 $12,100 $103,500
2012 -- $12,800 $1,528 $11,272
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2025 03/04/25 For Sale $349,900 0.0% $121 / Sq Ft
12/07/2020 12/07/20 Rented $595 0.0% --
12/07/2020 12/07/20 For Rent $595 -4.0% --
12/02/2020 12/02/20 Rented $620 0.0% --
11/05/2020 11/05/20 For Rent $620 +12.7% --
10/25/2016 10/25/16 Rented $550 0.0% --
10/25/2016 10/25/16 Under Contract -- -- --
09/23/2016 09/23/16 For Rent $550 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed -- None Available
Interfamily Deed Transfer $270,000 None Available
Trustee Deed $50,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Credit Line Revolving
Closed $165,450 Future Advance Clause Open End Mortgage
Closed $440,000 Future Advance Clause Open End Mortgage
Closed $236,250 Commercial
Previous Owner $202,500 Commercial
Previous Owner $28,000 Commercial
Previous Owner $112,000 Commercial
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2451892

Bright MLS

APN: 871101500