NOT LISTED FOR SALE

Estimated Value: $265,000 - $361,000

Studio
4 Baths
1,920 Sq Ft
$159/Sq Ft Est. Value

Last Sold December 07, 2023

Last sale price $250,000 $130 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,821/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Ceiling height of 9 feet or more
  • Replacement Windows
  • Ceramic Tile Flooring
  • Forced Air Heating System
  • 3-minute walk to Cliveden Park

About This Home

As of December 2023

Calling all value add and or turnkey investors! A quad consisting of 4 fully functional one bedroom and 1 bathroom units is now available! Upon arrival, you notice ample street parking, porch front and large rear yard on the exterior. On the interior, well maintained units, separate utilities and a large unfinished basement. And finally, its perfectly situated in a quiet neighborhood and near an abundance of public transportation, broad street, the roosevelt boulevard and 76 which will make the commute a breeze. So what are you waiting for? This property currently generates $3025 a month, 10% cap rate and 13%+ cash on cash return but hurry before it's too late!

Last Agent to Sell the Property

Stephen Kennedy

(215) 627-3500 vicki@kwempower.com KW Empower Brokerage Phone: 2156076007 Listed on: 10/22/2023

KW Empower

Last Buyer's Agent

Gabriella Addice

(215) 627-3500 vicki@kwempower.com KW Empower License #RS341725

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,747

Year Built

  • Built in 1925

Lot Details

  • 2,928 Sq Ft Lot
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Flat Roof Shape
  • Stone Foundation
  • Asphalt Roof
  • Rubber Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Replacement Windows
  • Six Panel Doors
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Schools

  • Martin L. King High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 592173100

Community Details

Overview

  • 4 Units
  • Germantown Subdivision

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,747

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants belongings.
  • Inclusions: Appliances.
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Flooring Type: Luxury Vinyl Plank, Ceramic Tile
  • Window Features: Replacement
  • Fireplace: No
  • Door Features: Six Panel
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1920
  • Price Per Sq Ft: 124.48
  • Above Grade Finished Sq Ft: 1920
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stone
  • Roof: Asphalt, Flat, Rubber
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent
  • High School: MARTIN L. KING

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2928.00
  • Property Condition: Average
  • Zoning: RSA3
  • Zoning Description: Multi family.

Rental Info

  • Rent Control: No
  • Total Actual Rent: 36300.00
  • Units Leased Count: 4
  • Vacation Rental: No

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Tax Annual Amount: 1747.00
  • Assessor Parcel Number: 592173100
  • Tax Lot: 28
  • Tax Year: 2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2023
Closed on
Dec 1, 2023
Sold by
Brinton Street Partners Llc
Bought by
527 Brinton Llc
Seller's Agent
Stephen Kennedy
KW Empower
Buyer's Agent
Gabriella Addice
KW Empower
List Price
$239,000
Sold Price
$250,000
Premium/Discount to List
$11,000
4.6%
Views
35
Current Estimated Value
$305,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,798
Avg. Annual Appreciation
9.64%

Purchase Details

Closed on
Sep 20, 2017
Sold by
Gelt Properties Llc
Bought by
Brinton Street Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 4, 2013
Sold by
Dominick Edward
Bought by
Gelt Properties Llc

Purchase Details

Closed on
Jan 7, 2008
Sold by
Gelt Properties Llc
Bought by
Dominick Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2007
Sold by
Danner Stacey J
Bought by
Gelt Properties Llc

Purchase Details

Closed on
Jul 17, 2006
Sold by
Bizzell & Sen Real Estate Investment & D
Bought by
Danner Stacey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 14, 2005
Sold by
Sen Samnang
Bought by
Bizzell & Sen Real Estate Investment & D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,720
Interest Rate
8.5%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 30, 2004
Sold by
Guzman William
Bought by
Sen Samnang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,850
Interest Rate
5.71%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 3, 2003
Sold by
Battles Clarence and Battles Wilhelmina
Bought by
Guzman William
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
527 Brinton Llc $250,000 City Abstract
Brinton Street Partners Llc $134,000 Olde City Abstract Inc
Gelt Properties Llc -- None Available
Dominick Edward $145,500 Lawyers Title Ins
Gelt Properties Llc -- None Available
Danner Stacey J $39,539 None Available
Bizzell & Sen Real Estate Investment & D $38,068 None Available
Sen Samnang $49,000 --
Guzman William $15,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brinton Street Partners Llc $290,000
Previous Owner Dominick Edward $195,000
Previous Owner Danner Stacey J $45,000
Previous Owner Bizzell & Sen Real Estate Investment & D $111,720
Previous Owner Sen Samnang $84,850
Closed 527 Brinton Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2023 12/07/23 Sold $250,000 +4.6% $130 / Sq Ft
10/22/2023 10/22/23 For Sale $239,000 +71.9% $124 / Sq Ft
05/18/2017 05/18/17 Sold $139,000 -0.7% $72 / Sq Ft View Prior Sale
04/02/2017 04/02/17 Pending -- -- --
07/25/2016 07/25/16 For Sale $140,000 -- $73 / Sq Ft
Source: Bright MLS

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 $2,794 $287,700 $57,540 $230,160
2025 $2,794 $287,700 $57,540 $230,160
2024 $2,794 $287,700 $57,540 $230,160
2023 $2,794 $199,600 $39,920 $159,680
2022 $1,333 $199,600 $39,920 $159,680
2021 $1,333 $0 $0 $0
2020 $1,333 $0 $0 $0
2019 $1,316 $0 $0 $0
2018 $1,747 $0 $0 $0
2017 $1,747 $0 $0 $0
2016 $1,747 $0 $0 $0
2015 $1,672 $0 $0 $0
2014 -- $124,800 $18,957 $105,843
2012 -- $12,128 $1,968 $10,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2290294

Bright MLS

APN: 592173100

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