
Seller's Agent in 2023
Reda Akbil
Compass RE
(267) 205-1369
18 in this area
155 Total Sales
Estimated Value: $447,000 - $1,322,000
Brand new 3 unit building in the a prime block near Drexel University. This building has been fully gutted with all new mechanicals, plumbing, electrical, etc. Unit 1 is a bi-level 4bed/3bath with a private backyard rented for $3,200/M. Unit 2 is a 2bed/2bath rented for $1,600/M and unit 3 is a 2bed/2bath with a private roofdeck rented for $1,700/M. All leases are new and go through the end of the academic year. This sale comes with :
-10 years tax abatement
- 1 year builder's warranty
- 1 year of free management
This investments delivers great cashflow and years of appreciation in an area that is experiencing tons of residential and commercial developments. It is only few steps away from Drexel's campus and art museum area, with easy access to I-76, Drexel Park, kelly drive for running, biking along the Schuylkill River, 30th st station and more. Act fast.
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Penn Realtor Llc | $870,000 | Title Services | |
Owner R Llc | $261,000 | -- | |
Malik Wingfield Kevin | -- | None Available | |
Gilliam Lorraine E | -- | None Available | |
Archie Gilliam | $18,000 | -- |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Owner R Llc | $2,882,000 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
11/17/2023 11/17/23 | Sold | $870,000 | -2.8% | $435 / Sq Ft |
10/19/2023 10/19/23 | For Sale | $895,000 | -- | $448 / Sq Ft |
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 | $5,522 | $1,219,700 | $243,940 | $975,760 |
2024 | $5,522 | $1,219,700 | $243,940 | $975,760 |
2023 | $5,522 | $394,500 | $78,900 | $315,600 |
2022 | $2,823 | $349,500 | $78,900 | $270,600 |
2021 | $3,453 | $0 | $0 | $0 |
2020 | $3,453 | $0 | $0 | $0 |
2019 | $3,325 | $0 | $0 | $0 |
2018 | -- | $0 | $0 | $0 |
2017 | $3,439 | $0 | $0 | $0 |
2016 | -- | $0 | $0 | $0 |
2015 | -- | $0 | $0 | $0 |
2014 | -- | $245,700 | $10,959 | $234,741 |
2012 | -- | $10,880 | $987 | $9,893 |
Seller's Agent in 2023
Reda Akbil
Compass RE
(267) 205-1369
18 in this area
155 Total Sales
Seller Co-Listing Agent in 2023
Eman Elkalban
Compass RE
(240) 899-8760
1 in this area
2 Total Sales
Buyer's Agent in 2023
Steven Eckell
Coldwell Banker Realty
(484) 432-0720
1 in this area
84 Total Sales
Buyer Co-Listing Agent in 2023
Tom Fior
Coldwell Banker Realty
(215) 900-7527
1 in this area
45 Total Sales
Source: Bright MLS
MLS Number: PAPH2286806
APN: 242030200