NOT LISTED FOR SALE

Estimated Value: $644,224

-- Bed
-- Bath
2,882 Sq Ft
$224/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $580,000 $201 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,873/month

5 Days on Market

Highlights

  • Colonial Architecture
  • 3-minute walk to Manayunk
  • 1-minute walk to Manayunk Canal Path
  • White Oaks Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of October 2023

Magnificent mixed use opportunity on Main Street in Manayunk! This property currently consists of a large retail space on the first floor, with a 3 bedroom, 2 bath apartment on the second and third floors, that needs finishing. This property is located in the heart of Manayunk with a phenomenal location and features large storefront display windows. Completely renovated in 2019 to 2020, the first floor features new electrical, new plumbing with half bath, new walls, luxury vinyl plank flooring, heating and cooling. It was divided up to provide a large retail space, with plenty of storage and even an office area in the rear of the property. The office area has access to the fenced-in rear yard and the seperate entrance to the apartment. Speaking of apartment, this also has been completely renovated with new electric throughout, new plumbing for two full baths, new walls, new windows and exterior capping, and new economical heat and air. Featuring one bedroom and one bathroom on the second floor, there is also a full, spacious kitchen, including cabinets that need to be hung, as well as a huge living room overlooking Main Street. Heading to the 3rd floor, there are two more bedrooms that share a hall bathroom that has been roughed in, as well as a laundry area in the hallway. With some paint, flooring and fixtures, this apartment can be bringing in a very good rent being brand new. (Using an FHA203k program would finance these finishes into the mortgage) Couple that with the large rentable retail space, or any other use under the CMX25 zoning, and this property is a homerun! Ever want to live above your business? No need to sacrifice living space here! Looking to add to your investment portfolio? With all seperate utilities, and all new interior, you can collect premium rents while having the piece of mind that everything is new for years of maintenance free income. Either way you stack it, this property is a must have. They don't come around like this often, so dont delay, make your appointment today!

Last Agent to Sell the Property

Michael Torres

(215) 275-2009 michael@movinginmontco.com RE/MAX Reliance License #RS202768L Listed on: 09/05/2023

RE/MAX Reliance

Last Buyer's Agent

Nicole Nolting

(703) 336-9046 nicole.nolting@tomtoole.com BHHS Fox & Roach-Haverford License #RS359525

BHHS Fox & Roach-Haverford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,820

Year Built

  • Built in 1900 | Remodeled in 2021

Lot Details

  • 1,715 Sq Ft Lot
  • Lot Dimensions are 17.00 x 100.00
  • Infill Lot

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Masonry

Interior Spaces

  • 2,882 Sq Ft Home
  • Partial Basement

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

  • 3 Units
  • Manayunk Subdivision

Listing and Financial Details

  • Tax Lot 83
  • Assessor Parcel Number 871274200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,820

Year Built

Built in 1900 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: All of tenants inventory, displays, and other property of the business.
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2021
  • Automatically Close On Close Date: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2882
  • Living Area Sq Ft: 2882
  • Price Per Sq Ft: 213.36
  • Above Grade Finished Sq Ft: 2882
  • Above Grade Finished Area Units: Square Feet

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 17.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1715.00
  • Zoning: CMX25

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 3193.00
  • Tax Annual Amount: 5820.00
  • Assessor Parcel Number: 871274200
  • Tax Lot: 83
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Sep 25, 2023
Sold by
Podnick Llc
Bought by
Kohler David
Seller's Agent
Michael Torres
RE/MAX Reliance
Buyer's Agent
Nicole Nolting
BHHS Fox & Roach-Haverford
List Price
$614,900
Sold Price
$580,000
Premium/Discount to List
-$34,900
-5.68%
Views
19
Current Estimated Value
$644,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,224
Avg. Annual Appreciation
4.98%

Purchase Details

Closed on
Jan 31, 2019
Sold by
Wilde Kathy E
Bought by
Podnick Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 18, 2000
Sold by
Simpson Gay Engels and Simpson James E
Bought by
Simpson James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.98%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kohler David $580,000 None Listed On Document
Podnick Llc $415,000 First American Title Ins Co
Simpson James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Podnick Llc $311,250
Previous Owner Simpson James E $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2023 10/10/23 Sold $580,000 -5.7% $201 / Sq Ft
09/10/2023 09/10/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $614,900 -- $213 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

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 $5,820 $503,000 $100,600 $402,400
2025 $5,820 $503,000 $100,600 $402,400
2024 $5,820 $503,000 $100,600 $402,400
2023 $5,820 $415,800 $83,160 $332,640
2022 $5,087 $415,800 $83,160 $332,640
2021 $5,087 $0 $0 $0
2020 $5,087 $0 $0 $0
2019 $5,038 $0 $0 $0
2018 $4,892 $0 $0 $0
2017 $5,027 $0 $0 $0
2016 $5,027 $0 $0 $0
2015 $4,812 $0 $0 $0
2014 -- $359,100 $58,900 $300,200
2012 -- $49,792 $39,805 $9,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2274420

Bright MLS

APN: 871274200