$184,900
$4K PRICE DROP

Estimated payment $1,073/month

Total Views 5,906
-- Bed
-- Bath
1,977 Sq Ft
$94 Price per Sq Ft

About This Home

Huge corner building in the Franklinville section of Philadelphia! This property has great potential and may be your cash cow. Legal commercial with two dwellings! The first floor is available for a commercial business. It used to be an auto tag. You may turn it into a corner convenience store, tax office, multi-service store, etc. There are two additional apartments above that are fully occupied with long term tenants that would love to stay! The second floor has two bedrooms, one bathroom. The third floor has three bedrooms and one bathroom. This property is ready for the new investor or owner occupant. You may live in one unit and collect rent from the other units to pay your mortgage or collect rent from all three units! The potential is there. Convenient location. Close to public transportation, stores, health centers, supermarket, schools, etc. Don't wait! Start collecting passive income now!

Listing Agent

Ken Kwong

(215) 516-6038 kkwong.central@gmail.com Central Realty Group LLC License #RM422843 Listed on: 03/14/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,242

Year Built

  • Built in 1940

Lot Details

  • 974 Sq Ft Lot
  • Lot Dimensions are 15.00 x 60.00
  • Property is in average condition

Parking

  • Off-Street Parking

Home Design

  • 1,977 Sq Ft Home
  • Duplex
  • Masonry

Utilities

  • Cooling System Utilizes Natural Gas
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 871566880

Community Details

Overview

  • 3 Units
  • Franklinville Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,242

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Over Storefront
  • Ownership: Fee Simple
  • Exclusions: Tenant's Belongings
  • New Construction: No
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1977
  • Living Area Sq Ft: 1977
  • Price Per Sq Ft: 93.53
  • Above Grade Finished Sq Ft: 1977
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.00 x 60.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 974.00
  • Property Condition: Average
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1

Tax Info

  • Tax Annual Amount: 1241.62
  • Assessor Parcel Number: 871566880
  • Tax Year: 2025

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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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
2026 $1,632 $88,700 $17,740 $70,960
2025 $1,632 $88,700 $17,740 $70,960
2024 $1,632 $88,700 $17,740 $70,960
2023 $1,632 $116,600 $23,300 $93,300
2022 $1,632 $116,600 $23,300 $93,300
2021 $1,258 $0 $0 $0
2020 $1,258 $0 $0 $0
2019 $1,247 $0 $0 $0
2018 $1,212 $0 $0 $0
2017 $1,345 $0 $0 $0
2016 $1,345 $0 $0 $0
2015 $1,288 $0 $0 $0
2014 -- $96,100 $4,346 $91,754
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2025 06/05/25 Price Changed $184,900 -2.2% $94 / Sq Ft
03/14/2025 03/14/25 For Sale $189,000 -- $96 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $120,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $78,000 Commercial
Source: Public Records

Source: Bright MLS

MLS Number: PAPH2457450

Bright MLS

APN: 871566880