$235,000

Estimated payment $1,666/month

Total Views 33,997
-- Bed
-- Bath
3,174 Sq Ft
$74 Price per Sq Ft

About This Home

Investor’s Dream in Philadelphia – 5-Unit Residential Opportunity!

Welcome to 531 N. 63rd Street, a prime investment opportunity in the heart of Philadelphia’s Haddington neighborhood. This spacious 5-unit residential building offers 3,174 square feet of potential, ready for a full-scale renovation to transform it into a lucrative asset.

Situated in a high-demand rental area, this property is steps from public transportation, ensuring easy access to Center City and beyond. Shopping, dining, and everyday conveniences are all within reach, making it an attractive location for future tenants.

The surrounding area boasts proximity to major universities, including Saint Joseph’s University and Drexel University, making it an ideal rental option for students and faculty. Additionally, Fairmount Park, is just a short drive away, offering residents a scenic retreat.

With Philadelphia’s thriving real estate market, this property presents a golden opportunity for investors looking to maximize returns through strategic renovations. Whether you envision modern apartments, student housing, or a multi-family rental, the possibilities are endless.

Don’t miss out on this rare chance to invest in a high-potential property in a growing neighborhood!

Interested? Contact us today to explore the possibilities!

Listing Agent

Lee Abrams

Higgins & Welch Real Estate, Inc. License #2187739 Listed on: 05/05/2025

Co-Listing Agent

Edward Welch

Higgins & Welch Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,631

Year Built

  • Built in 1915

Lot Details

  • 1,650 Sq Ft Lot
  • Lot Dimensions are 15.00 x 110.00

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Stone Foundation
  • Masonry

Interior Spaces

  • 3,174 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 4 Units
  • Building Winterized
  • Overbrook Subdivision

Listing and Financial Details

  • Tax Lot 80
  • Assessor Parcel Number 341274300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,631

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Building Winterized: Yes
  • Remarks Public: Investor’s Dream in Philadelphia – 5-Unit Residential Opportunity! Welcome to 531 N. 63rd Street, a prime investment opportunity in the heart of Philadelphia’s Haddington neighborhood. This spacious 5-unit residential building offers 3,174 square feet of potential, ready for a full-scale renovation to transform it into a lucrative asset. Situated in a high-demand rental area, this property is steps from public transportation, ensuring easy access to Center City and beyond. Shopping, dining, and everyday conveniences are all within reach, making it an attractive location for future tenants. The surrounding area boasts proximity to major universities, including Saint Joseph’s University and Drexel University, making it an ideal rental option for students and faculty. Additionally, Fairmount Park, is just a short drive away, offering residents a scenic retreat. With Philadelphia’s thriving real estate market, this property presents a golden opportunity for investors looking to maximize returns through strategic renovations. Whether you envision modern apartments, student housing, or a multi-family rental, the possibilities are endless. Don’t miss out on this rare chance to invest in a high-potential property in a growing neighborhood! Interested? Contact us today to explore the possibilities!
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3174
  • Living Area Sq Ft: 3174
  • Price Per Sq Ft: 74.04
  • Above Grade Finished Sq Ft: 3174
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 531

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Sidewalks
  • Roof: Flat
  • 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
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Land Use Code: U50
  • Lot Size Acres: 0.04
  • Lot Dimensions: 15.00 x 110.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1650.00
  • Year Assessed: 2025
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2593.00
  • Tax Annual Amount: 4631.00
  • Assessor Parcel Number: 341274300
  • Tax Lot: 80
  • Tax Total Finished Sq Ft: 3174
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Single Room Units Count: 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $5,489 $330,900 $66,180 $264,720
2024 $5,489 $330,900 $66,180 $264,720
2023 $5,489 $392,100 $78,420 $313,680
2022 $2,605 $392,100 $78,420 $313,680
2021 $2,758 $0 $0 $0
2020 $2,758 $0 $0 $0
2019 $2,655 $0 $0 $0
2018 $2,000 $0 $0 $0
2017 $2,000 $0 $0 $0
2016 $2,000 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $142,900 $8,730 $134,170
2012 -- $11,200 $1,858 $9,342
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2025 08/09/25 Price Changed $235,000 -4.1% $74 / Sq Ft
07/06/2025 07/06/25 Price Changed $245,000 -3.9% $77 / Sq Ft
06/05/2025 06/05/25 Price Changed $255,000 -5.6% $80 / Sq Ft
05/05/2025 05/05/25 For Sale $270,000 -- $85 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 Boston National Ttl Agcy Llc
Deed $266,000 None Available
Deed $140,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $385,000 Commercial
Previous Owner $199,500 Commercial
Previous Owner $120,500 Commercial
Previous Owner $60,000 Commercial
Previous Owner $140,000 Commercial
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2478552

Bright MLS

APN: 341274300