573 Selma St Philadelphia, PA 19116
Somerton NeighborhoodEstimated payment $2,602/month
Total Views
1,359
--
Bed
--
Bath
2,954
Sq Ft
$144
Price per Sq Ft
Highlights
- Mobility Improvements
- Forced Air Heating and Cooling System
- 5-minute walk to Gifford Playground
About This Home
ATTENTION BUSINESS OWNERS and INVESTORS: Calling all business-oriented people that are looking for a legal Mixed-Use / Duplex property to keep it as part of a rental portfolio or to conduct business without leaving their home. This property is located in the nice and safe area of the desirable far NE of Philadelphia; however, is in a close proximity to all amenities of the city including education, public transportation and shopping. Its prime location right on BUSTLETON AVE in the heart of Somerton could also be utilized to bring good amount of clientele for the business conducted on premises. This good size Mixed-Use property features: a nice, full-featured three-bedroom residential unit located on one of the floors and a professional office space on the other.
The residential unit includes Living room, three good size bedrooms, eat-in kitchen, Dining area, one-and-a-half bathrooms, and a Laundry room. There is a dedicated off-street parking space on the driveway for the residents of this unit.
The office unit boosts a waiting room, built-in and fully-enclosed receptionist’s booth, kitchenet, a couple of rooms for sessions, a file space with built-in shelving, and two bathrooms. This nicely done professional office space could serve a variety of purposes such as doctor’s office, law office, accounting office, Real Estate office, small educational facility, etc. There are also multiple off-street parking spaces for the visitors of the office.
This unique property features large rooms throughout, and all separate utilities for both units. The office is turnkey ready, and the residential unit is being sold occupied by good-paying tenants with their Lease Term ending on 12/31/25.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,432
Year Built
- Built in 1961
Lot Details
- 2,954 Sq Ft Lot
- Lot Dimensions are 30.00 x 100.00
Home Design
- 2,954 Sq Ft Home
- Duplex
- Bi-Level Home
- Flat Roof Shape
- Concrete Perimeter Foundation
- Masonry
Parking
- Private Parking
- Parking Lot
Accessible Home Design
- Mobility Improvements
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- 100 Amp Service
- Natural Gas Water Heater
- Cable TV Available
Community Details
- 2 Units
- Somerton Subdivision
Listing and Financial Details
- Tax Lot 160
- Assessor Parcel Number 582257204
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,432 | $245,200 | $73,560 | $171,640 |
| 2024 | $3,432 | $245,200 | $73,560 | $171,640 |
| 2023 | $3,432 | $245,200 | $73,560 | $171,640 |
| 2022 | $3,432 | $245,200 | $73,560 | $171,640 |
| 2021 | $3,432 | $0 | $0 | $0 |
| 2020 | $3,432 | $0 | $0 | $0 |
| 2019 | $3,232 | $0 | $0 | $0 |
| 2018 | $3,220 | $0 | $0 | $0 |
| 2017 | $3,220 | $0 | $0 | $0 |
| 2016 | $3,220 | $0 | $0 | $0 |
| 2015 | $3,082 | $0 | $0 | $0 |
| 2014 | -- | $230,000 | $30,000 | $200,000 |
| 2012 | -- | $25,280 | $3,875 | $21,405 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | For Sale | $425,000 | -- | $144 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $220,000 | -- | |
| Deed | $165,000 | -- | |
| Deed | $110,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $176,000 | Commercial | |
| Previous Owner | $148,500 | Commercial |
Source: Public Records
Similar Homes in Philadelphia, PA
Source: Bright MLS
MLS Number: PAPH2529222
APN: 582257204
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