
Seller's Agent in 2023
Reda Akbil
Compass RE
(267) 205-1369
1 in this area
150 Total Sales
This incredible, income-producing property has just undergone an extensive renovation and is ready for new ownership. This large, Walnut Hill property has just been transformed (legally) into a four-unit residence, ready to provide years and years of steady revenue. Of the total four units, one is a studio, one is a two bedroom and two bathroom and the remaining two units have two bedrooms and one bathroom each. Featured prominently are hardwood floors, recessed lighting, neutral paint and crisp white trim. Each kitchen has durable granite countertops, stone backsplashes, ample cabinetry, and stainless steel appliances, including a microwave and a dishwasher (no dishwasher in studio unit). Each bathroom is kept bright with neutral ceramic tiling and contemporary fixtures. Every unit contains dedicated laundry facilities and energy-efficient mini split systems for both heating and cooling. The front of the property has a large yard and a classic stone exterior. The backyard features a deck and a parking spot (rented with one of the units). Mere blocks from the Market-Frankford El (7-minute ride to City Hall), bus lines on Baltimore Ave, Clark Park, UPenn, Drexel and USciences, this property will rent consistently for years to come. Tenants have recently been secured for three of the four units as follows: Studio rented for $750/month, 2BR/2BA and parking rented for $1550/month, 2BR/1BA rented for $1250/month. The final 2BR/1BA is actively being marketed and should be rented shortly. The property has a ten year tax abatement. Leases will be available for the review period as stipulated by the AOS.
Last Agent to Sell the Property
ASHLEY SANTEE
Houwzer, LLC License #TREND:60061377 Listed on: 04/03/2018
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $700,000 | None Listed On Document | |
Deed | $650,000 | First Platinum Abstract Llc | |
Deed | $115,000 | None Available | |
Deed | -- | None Available | |
Quit Claim Deed | -- | -- |
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $270,700 | Commercial |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/19/2023 09/19/23 | Sold | $700,000 | -19.1% | $251 / Sq Ft |
08/10/2023 08/10/23 | Pending | -- | -- | -- |
06/28/2023 06/28/23 | For Sale | $865,000 | +33.1% | $310 / Sq Ft |
05/04/2018 05/04/18 | Sold | $650,000 | 0.0% | $233 / Sq Ft |
04/07/2018 04/07/18 | Pending | -- | -- | -- |
04/03/2018 04/03/18 | For Sale | $650,000 | +465.2% | $233 / Sq Ft |
10/14/2016 10/14/16 | Sold | $115,000 | -4.1% | $53 / Sq Ft |
05/31/2016 05/31/16 | Pending | -- | -- | -- |
05/25/2016 05/25/16 | For Sale | $119,900 | -- | $55 / 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 | $4,454 | $1,017,200 | $203,440 | $813,760 |
2024 | $4,454 | $1,017,200 | $203,440 | $813,760 |
2023 | $4,454 | $685,800 | $137,160 | $548,640 |
2022 | $2,882 | $318,211 | $137,160 | $181,051 |
2021 | $2,882 | $0 | $0 | $0 |
2020 | $2,882 | $0 | $0 | $0 |
2019 | $2,806 | $0 | $0 | $0 |
2018 | $3,736 | $0 | $0 | $0 |
2017 | $3,736 | $0 | $0 | $0 |
2016 | $3,736 | $0 | $0 | $0 |
2015 | $5,063 | $0 | $0 | $0 |
2014 | -- | $377,800 | $59,717 | $318,083 |
2012 | -- | $7,232 | $1,446 | $5,786 |
Seller's Agent in 2023
Reda Akbil
Compass RE
(267) 205-1369
1 in this area
150 Total Sales
A
Seller's Agent in 2018
ASHLEY SANTEE
Houwzer
Buyer's Agent in 2018
KATRINA MINK
Compass RE
(267) 258-3891
42 Total Sales
Seller's Agent in 2016
Joseph Catroppa
BHHS Fox & Roach
(215) 432-6350
63 Total Sales
Source: Bright MLS
MLS Number: 1000336722
APN: 601041500