NOT LISTED FOR SALE

48 S 12th St Philadelphia, PA 19107

East Passyunk Neighborhood
-- Bed
-- Bath
5,520 Sq Ft
1,774 Sq Ft Lot

Last Sold March 06, 2020

Last sale price $2,400,000 $435 Per Sq Ft

Highlights

  • Straight Thru Architecture
  • 4-minute walk to Tasker-Morris
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • No HOA
  • 5-minute walk to Di Silvestro Playground

About This Home

As of March 2020

This multi-family corner property is located in the popular Passyunk Square neighborhood, nearby some of the best brunch spots in the city, surrounded by public transportation, and walkable to tons of great local spots for dining and entertainment. Apartment features include a spacious layout with a bright and airy atmosphere, balconies, laundry in-unit, gorgeous contemporary design, and state of the art kitchens with stainless steel appliances and granite countertops. Each bathroom boasts modern fixtures, a full tub with sliding glass doors, a removable showerhead, and a granite-topped lighted vanity. The first-floor boasts 3,600 square feet of commercial space with an established tenant on a long-term lease. The basement level has poured concrete flooring and includes an electric flatbed to the street. This location is unbeatable! Convenient spots like Acme and Walgreens are a short walk away, plus it's easily accessible via public transportation.

Last Agent to Sell the Property

Ariel Morgenstein

(215) 740-6226 sales@jg-realestate.com JG Real Estate LLC License #2332837 Listed on: 10/03/2019

JG Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,712

Year Built

  • Built in 2016

Lot Details

  • 1,774 Sq Ft Lot
  • Lot Dimensions are 32.00 x 57.50
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture
  • Masonry

Interior Spaces

  • 5,520 Sq Ft Home
  • Partial Basement

Flooring

  • Wood
  • Tile or Brick
  • Ceramic Tile

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 871183200

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Income includes apartment rentals
  • Operating Expense $20,662
  • Net Operating Income $150,072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,712

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Exclusions: All tenant personal belongings
  • Inclusions: Appliances in as-is condition
  • New Construction: No
  • Year Built: 2016
  • Remarks Public: This multi-family corner property is located in the popular Passyunk Square neighborhood, nearby some of the best brunch spots in the city, surrounded by public transportation, and walkable to tons of great local spots for dining and entertainment. Apartment features include a spacious layout with a bright and airy atmosphere, balconies, laundry in-unit, gorgeous contemporary design, and state of the art kitchens with stainless steel appliances and granite countertops. Each bathroom boasts modern fixtures, a full tub with sliding glass doors, a removable showerhead, and a granite-topped lighted vanity. The first-floor boasts 3,600 square feet of commercial space with an established tenant on a long-term lease. The basement level has poured concrete flooring and includes an electric flatbed to the street. This location is unbeatable! Convenient spots like Acme and Walgreens are a short walk away, plus it's easily accessible via public transportation.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile, Wood, Tile/Brick
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 5520
  • Living Area Sq Ft: 5520
  • Price Per Sq Ft: 452.90
  • Above Grade Finished Sq Ft: 5520
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1646

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Spa: No
  • 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: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Security: Sprinkler System - Indoor, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 193740.00
  • Land Use Code: Y50
  • Lot Size Acres: 0.04
  • Lot Dimensions: 32.00 x 57.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1774.00
  • Property Condition: Very Good, Good
  • Year Assessed: 2020
  • Zoning: CMX2.5
  • Zoning Description: Mixed use - residential apartments + commercial space

Rental Info

  • Existing Lease Type: Long Term, Triple Net, Yearly
  • Rent Control: No
  • Units Leased Count: 5
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1152729
  • School Tax: 1488.00
  • Tax Annual Amount: 2712.00
  • Assessor Parcel Number: 871183200
  • Tax Lot: 47
  • Tax Total Finished Sq Ft: 5520
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 03/06/2020

Multi Family

  • Income Includes: Apartment Rentals
  • Operating Expense: 20662.00
  • Other Units: Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2020 03/06/20 Sold $2,400,000 -4.0% $435 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
10/03/2019 10/03/19 For Sale $2,500,000 -- $453 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ariel Morgenstein

    Seller's Agent in 2020

    Ariel Morgenstein

    JG Real Estate

    (215) 740-6226

    1 in this area

    182 Total Sales

    Ariel Morgenstein
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH838152

Bright MLS
Pennsylvania Philadelphia County Philadelphia 19107 East Passyunk

48 S 12th St, Philadelphia, PA

This home is located at 48 S 12th St, Philadelphia, PA 19107 since 03 October 2019. This property was built in 2016. 48 S 12th St is a home located in Philadelphia County with nearby schools including Jackson Andrew School, Furness Horace High School, and St. Thomas Aquinas Catholic School.

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