NOT LISTED FOR SALE

526 N 22nd St Philadelphia, PA 19130

Spring Garden Neighborhood
-- Bed
-- Bath
2,550 Sq Ft
1,155 Sq Ft Lot

Last Sold March 31, 2022

Last sale price $1,000,000 $392 Per Sq Ft

206 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating
  • Property is in excellent condition
  • No HOA

About This Home

As of March 2022

Premier 5 Unit Property was completely renovated in 2018 and located in fantastic Fairmount/Art Museum! 6 Yrs left on TAX ABATEMENT! Great for 1031 Exchange! These luxury apartments have separate utilities and individual storage space in the lower level. ALL UNITS ARE OCCUPIED. There are two Studio, two 1 Bedroom and one 2 Bedroom Units featuring sophisticated finishes, high ceilings, Blomberg Stainless Steel Appliances, in-unit Washer/Dryers, frameless glass enclosed walk-in showers with rain shower systems, deck and patio, Fujitsu energy efficient HVAC system w/remote temperature control, ductless heating and cooling systems, and Golmar Audio/Video Security/Intercom. Superior Art Museum/Fairmount location literally walking distance to Fairmount Avenue Shops and Restaurants, Whole Foods, Target, Wawa, Philadelphia Museum of Art, Barnes and Rodin Museums, Benjamin Franklin Parkway, Kelly Drive, I-76 and more! PHOTOS REPRESENT A MIX OF UNITS.

Last Agent to Sell the Property

Michael Giuda

EXP Realty, LLC License #1326908 Listed on: 08/16/2021

EXP Realty, LLC

Co-Listed By

Roe Carangi

EXP Realty, LLC License #RS327233

Last Buyer's Agent

Reid Rosenthal

BHHS Fox & Roach At the Harper, Rittenhouse Square

BHHS Fox & Roach At the Harper, Rittenhouse Square

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,544

Year Renovated

  • 2017

Lot Details

  • 1,155 Sq Ft Lot
  • Lot Dimensions are 15.00 x 77.00
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • 2,550 Sq Ft Home
  • Contemporary Architecture
  • Masonry

Utilities

  • Ductless Heating Or Cooling System
  • Central Heating
  • Electric Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • The owner pays for real estate taxes, trash collection
  • Tax Lot 42
  • Assessor Parcel Number 881560710

Community Details

Overview

  • No Home Owners Association
  • 3-Story Building
  • Fairmount Subdivision

Building Details

  • Income includes apartment rentals
  • Operating Expense $17,081
  • Gross Income $72,000
  • Net Operating Income $52,759

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,544

Year Renovated

2017

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: All Refrigerators, Washers, Dryers
  • New Construction: No
  • Year Renovated: 2017
  • Automatically Close On Close Date: Yes
  • Remarks Public: Premier 5 Unit Property was completely renovated in 2018 and located in fantastic Fairmount/Art Museum! 6 Yrs left on TAX ABATEMENT! Great for 1031 Exchange! These luxury apartments have separate utilities and individual storage space in the lower level. ALL UNITS ARE OCCUPIED. There are two Studio, two 1 Bedroom and one 2 Bedroom Units featuring sophisticated finishes, high ceilings, Blomberg Stainless Steel Appliances, in-unit Washer/Dryers, frameless glass enclosed walk-in showers with rain shower systems, deck and patio, Fujitsu energy efficient HVAC system w/remote temperature control, ductless heating and cooling systems, and Golmar Audio/Video Security/Intercom. Superior Art Museum/Fairmount location literally walking distance to Fairmount Avenue Shops and Restaurants, Whole Foods, Target, Wawa, Philadelphia Museum of Art, Barnes and Rodin Museums, Benjamin Franklin Parkway, Kelly Drive, I-76 and more! PHOTOS REPRESENT A MIX OF UNITS.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2550
  • Living Area Sq Ft: 2550
  • Price Per Sq Ft: 441.18
  • Above Grade Finished Sq Ft: 2550
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 526

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: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Water Available
  • 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

  • Improvement Assessed Value: 408970.00
  • Land Assessed Value: 58530.00
  • Land Use Code: CA0
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.00 x 77.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1155.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Taxes - Real Estate, Trash Collection
  • Total Actual Rent: 72000.00
  • Units Leased Count: 5
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1411642
  • School Tax: 3590.00
  • Tax Annual Amount: 6544.00
  • Assessor Parcel Number: 881560710
  • Tax Lot: 42
  • Tax Total Finished Sq Ft: 2550
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 03/31/2022

Multi Family

  • Gross Income: 69840.00
  • Gross Scheduled Income: 72000.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 17081.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
  • Single Room Units Count: 2
  • Vacancy Allowance Rate: 3.00

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 Change Sq Ft Price
03/31/2022 03/31/22 Sold $1,000,000 -11.1% $392 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
10/24/2021 10/24/21 Price Changed $1,125,000 -4.3% $441 / Sq Ft
08/16/2021 08/16/21 For Sale $1,175,000 -- $461 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Giuda

    Seller's Agent in 2022

    Michael Giuda

    EXP Realty, LLC

    (215) 783-3697

    2 in this area

    163 Total Sales

    Michael Giuda
    Section Image
  • Roe Carangi

    Seller Co-Listing Agent in 2022

    Roe Carangi

    EXP Realty, LLC

    (215) 605-0166

    2 in this area

    159 Total Sales

    Roe Carangi
    Section Image
  • Reid Rosenthal

    Buyer's Agent in 2022

    Reid Rosenthal

    BHHS Fox & Roach

    (215) 790-5225

    12 in this area

    542 Total Sales

    Reid Rosenthal
    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2021346

Bright MLS
Pennsylvania Philadelphia County Philadelphia 19130 Spring Garden

526 N 22nd St, Philadelphia, PA

This home is located at 526 N 22nd St, Philadelphia, PA 19130 since 16 August 2021. 526 N 22nd St is a home located in Philadelphia County with nearby schools including Laura Wheeler Waring Public School, Benjamin Franklin High School, and St Francis Xavier School.

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