Landlord's Agent in 2025
Bay Management
Bay Management Group Philadelphia
(267) 244-7215
59 N 3rd St Unit 2A Philadelphia, PA 19106
Old City Neighborhood
1
Bed
1
Bath
660
Sq Ft
1900
Built
Highlights
- No HOA
- 4-minute walk to 2Nd Street
- 1-minute walk to Girard Fountain Park
- Forced Air Heating and Cooling System
- Dogs and Cats Allowed
About This Home
As of July 2025This amazing 1-Bedroom/1-Bathroom apartment is located in Old City on N 3rd St! Old City is a vibrant live/work/play community with its own character and atmosphere. This walkable neighborhood is known as America’s most historic square mile!
This apartment has everything and more! Open the front door and find yourself welcomed by a large open floor plan living room/dining room. Complete with hardwood flooring, large windows that let plenty of natural light pour in and tall ceilings, this space is incredibly bright and open!
The kitchen is galley style with European style custom cabinetry, stainless steel appliances, and granite countertops. Fully equipped with electric stove, refrigerator, microwave, and dishwasher! The ultimate spot to cook up a delicious meal. Off the back of the kitchen is the laundry room which includes full-sized washer and dryer and shelving!
The large bedroom beams tons of natural light and can easily fit a king sized mattress! There is a spacious closet included and there is private access to the bathroom as well. The full bathroom contains a full-sized soaking tub/ shower with custom tile and ceramic flooring! The large single granite top vanity contains plenty of storage and truly emphasizes the beauty of this spacious bathroom.
*DISCLAIMER - Photos in the listing are of 3A in the building. Finishes may differ but size and layout are identical.
There is a water usage fee of $40.00 due in addition to rent each month. Residents are responsible for electric and cable/internet - there is no gas in apartment. Building contains small gym for residents use at no additional cost! Pets permitted with $500.00 deposit!
Application Qualifications: Minimum monthly income is 3 times the tenant’s portion of the monthly rent, acceptable rental history, acceptable credit history and acceptable criminal history. More specific information provided with the application.
Last Agent to Rent the Property
(267) 244-7215 leasing@bmgphilly.com Bay Management Group Philadelphia Listed on: 06/13/2025
Last Renter's Agent
(267) 244-7215 leasing@bmgphilly.com Bay Management Group Philadelphia Listed on: 06/13/2025
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $3,732
Year Built
- Built in 1900
Home Design
- Entry on the 2nd floor
- Masonry
Interior Spaces
- 660 Sq Ft Home
- Property has 1 Level
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Residential Lease
- Security Deposit $1,800
- 12-Month Min and 36-Month Max Lease Term
- Available 6/13/25
- $50 Application Fee
- Assessor Parcel Number 888059520
Community Details
Overview
- No Home Owners Association
- Mid-Rise Condominium
- Old City Subdivision
Pet Policy
- Pet Deposit Required
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 12, 2017
Sold by
Merchants Row Associates Lp
Bought by
Merchants Row Properites Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Outstanding Balance
$5,023,737
Interest Rate
3.91%
Mortgage Type
Commercial
Estimated Equity
-$4,730,541
Purchase Details
Closed on
May 28, 2014
Sold by
Cambridge Associates Real Estate Lp
Bought by
Merchants Row Associates Lp
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Merchants Row Properites Llc | $7,400,000 | None Available | |
| Merchants Row Associates Lp | $5,000,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Merchants Row Properties Llc | $6,000,000 | |
| Previous Owner | Cambridge Associates Real Estate Lp | $4,800,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | Rented | $1,800 | 0.0% | -- |
| 07/02/2025 07/02/25 | Price Changed | $1,800 | -5.0% | $3 / Sq Ft |
| 06/13/2025 06/13/25 | For Rent | $1,895 | +5.6% | -- |
| 04/28/2022 04/28/22 | Rented | $1,795 | 0.0% | -- |
| 04/14/2022 04/14/22 | For Rent | $1,795 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,732 | $271,900 | $35,200 | $236,700 |
| 2024 | $3,732 | $271,900 | $35,200 | $236,700 |
| 2023 | $3,732 | $266,600 | $34,600 | $232,000 |
| 2022 | $3,623 | $266,600 | $34,600 | $232,000 |
| 2021 | $3,623 | $0 | $0 | $0 |
| 2020 | $3,623 | $0 | $0 | $0 |
| 2019 | $3,451 | $0 | $0 | $0 |
| 2018 | $3,225 | $0 | $0 | $0 |
| 2017 | $4,720 | $0 | $0 | $0 |
| 2016 | $2,925 | $0 | $0 | $0 |
| 2015 | $3,354 | $0 | $0 | $0 |
| 2014 | -- | $250,300 | $25,030 | $225,270 |
| 2012 | -- | $31,680 | $6,336 | $25,344 |
Source: Public Records
Agents Affiliated with this Home
-
Bay Management
-
Max Nagel
M
Buyer's Agent in 2022
Max Nagel
Realty Mark Cityscape
(917) 687-8642
11 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2494412
APN: 888059520
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