$564,900

Estimated payment $3,654/month

Total Views 3,725
-- Bed
-- Bath
2,250 Sq Ft
$251 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Central Air
  • Hot Water Heating System
  • 2 Car Attached Garage

About This Home

Major price improvement!! Amazing investment opportunity to own a cash flowing triplex, an extra wide 2 car garage AND an adjoining vacant lot to build on or use for additional amenity space. The triplex is located in a booming section of North Kensington w under market rents and potentially the ability for an owner occupant to acquire this property for as little as 3% down and 1% off the rate! The garage is currently not being used and can be quickly rented out for additional income. The area is super close to Fishtown, Frankford Ave corridor with their fantastic shops and restaurants. Not to mention directly across the street from a trendy café with public transportation abound. Each unit has its own utilities which are separately metered. The large first floor 1 bed 1 bath unit is currently vacant but was rented for $1135 and has access to the side door to the yard and the basement. The second floor which is a 2 bed 1 bath unit ($1235+utilties). The third floor also is a 2 bed 1 bath but is configured as a large 1 bed 1 bath ($930+utilities). This investment can immediately start producing cash with room for income increases. This investment has multiple revenue stream's and full of opportunity!

Listing Agent

Seth Brodsky

Realty Mark Associates Listed on: 03/16/2025

Realty Mark Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,908

Year Built

  • Built in 1915

Lot Details

  • 1,080 Sq Ft Lot
  • Lot Dimensions are 18.00 x 60.00

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • 2,250 Sq Ft Home
  • Triplex
  • Traditional Architecture
  • Permanent Foundation
  • Masonry

Unfinished Basement

  • Connecting Stairway
  • Sump Pump

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Gross Income $39,600

Listing and Financial Details

  • Assessor Parcel Number 183015505

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,908

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2025-03-16
  • Year Built: 1915
  • Remarks Public: Major price improvement!! Amazing investment opportunity to own a cash flowing triplex, an extra wide 2 car garage AND an adjoining vacant lot to build on or use for additional amenity space. The triplex is located in a booming section of North Kensington w under market rents and potentially the ability for an owner occupant to acquire this property for as little as 3% down and 1% off the rate! The garage is currently not being used and can be quickly rented out for additional income. The area is super close to Fishtown, Frankford Ave corridor with their fantastic shops and restaurants. Not to mention directly across the street from a trendy café with public transportation abound. Each unit has its own utilities which are separately metered. The large first floor 1 bed 1 bath unit is currently vacant but was rented for $1135 and has access to the side door to the yard and the basement. The second floor which is a 2 bed 1 bath unit ($1235+utilties). The third floor also is a 2 bed 1 bath but is configured as a large 1 bed 1 bath ($930+utilities). This investment can immediately start producing cash with room for income increases. This investment has multiple revenue stream's and full of opportunity!
  • Special Features: None

Interior Features

  • Foundation Details: Permanent
  • Basement: Yes
  • Basement Type: Connecting Stairway, Sump Pump, Unfinished
  • Total Sq Ft: 2250
  • Living Area Sq Ft: 2250
  • Price Per Sq Ft: 251.07
  • Above Grade Finished Sq Ft: 2250
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 300-302

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 Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Acres: 0.02
  • Lot Dimensions: 18.00 x 60.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1080.00
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Yearly
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Gross Scheduled Income: 39600.00

Tax Info

  • Tax Annual Amount: 6908.00
  • Assessor Parcel Number: 183015505
  • Tax Year: 2025

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

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 $7,941 $493,500 $98,700 $394,800
2024 $7,941 $493,500 $98,700 $394,800
2023 $7,941 $567,300 $113,460 $453,840
2022 $3,849 $567,300 $113,460 $453,840
2021 $3,849 $0 $0 $0
2020 $3,849 $0 $0 $0
2019 $3,849 $0 $0 $0
2018 $1,758 $0 $0 $0
2017 $1,758 $0 $0 $0
2016 $1,758 $0 $0 $0
2015 $1,683 $0 $0 $0
2014 -- $125,600 $5,824 $119,776
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Price Changed $564,900 -5.0% $251 / Sq Ft
05/08/2025 05/08/25 Price Changed $594,900 -2.5% $264 / Sq Ft
03/16/2025 03/16/25 For Sale $609,900 +34.0% $271 / Sq Ft
11/23/2020 11/23/20 Sold $455,000 -4.2% $202 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
09/30/2020 09/30/20 Price Changed $475,000 -4.0% $211 / Sq Ft
09/11/2020 09/11/20 For Sale $495,000 +49.5% $220 / Sq Ft
08/20/2017 08/20/17 Sold $331,000 +10.3% $167 / Sq Ft
05/18/2017 05/18/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $300,000 -- $152 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $455,000 City Abstract Llc
Deed $331,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $341,250 New Conventional
Previous Owner $248,250 New Conventional
Previous Owner $250,000 Future Advance Clause Open End Mortgage
Previous Owner $190,000 Commercial
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2457082

Bright MLS

APN: 183015505