NOT LISTED FOR SALE

601 5 E Chelten Ave Philadelphia, PA 19144

East Germantown Neighborhood
14 Beds
5 Baths
4,430 Sq Ft
0.26 Acres

Last Sold June 13, 2023

Last sale price $255,000 $58 Per Sq Ft

5 Days on Market

Highlights

  • 0.26 Acre Lot
  • No HOA
  • Hot Water Baseboard Heater
  • Straight Thru Architecture
  • More Than Two Accessible Exits

About This Home

As of June 2023

AN INVESTOR'S GEM!!! Previously a daycare, now property zoning status has reverted to single-family (RM1). *THERE WAS A FIRE INSIDE THE PROPERTY, BEING SOLD AS IS* MULTIPLE OPPORTUNITIES with the property from being renovated into a massive single-family home (with 7+ large bds/ 5+ ba) or acquiring the property as-is, then pursuing a zoning variance to redevelop the property into a 7-unit apartment building, having 7-parking spaces in the rear; both to acquire IMMENSE PROFIT. **Note that multifamily units are indeed the most demanded property type in the immediate area. The property is investor's dream and the seller is very motivated!

Last Agent to Sell the Property

Queen Hart

EXP Realty, LLC License #RS367184 Listed on: 05/01/2023

EXP Realty, LLC

Last Buyer's Agent

KAREN ALLEYNE

TJ McCarthy Associates, Inc. License #RS280589

TJ McCarthy Associates, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,079

Year Built

  • Built in 1950

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 74.00 x 155.00
  • Property is zoned RSA3

Home Design

  • Straight Thru Architecture
  • Traditional Architecture
  • Fixer Upper
  • Brick Exterior Construction
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 4,430 Sq Ft Home
  • Property has 4 Levels
  • Brick Wall or Ceiling
  • Fire Escape
  • Unfinished Basement

Bedrooms and Bathrooms

  • 14 Main Level Bedrooms
  • 5 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Germantown Subdivision

Listing and Financial Details

  • Tax Lot 6016
  • Assessor Parcel Number 882927430

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,079

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Straight Thru, Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: AN INVESTOR'S GEM!!! Previously a daycare, now property zoning status has reverted to single-family (RM1). *THERE WAS A FIRE INSIDE THE PROPERTY, BEING SOLD AS IS* MULTIPLE OPPORTUNITIES with the property from being renovated into a massive single-family home (with 7+ large bds/ 5+ ba) or acquiring the property as-is, then pursuing a zoning variance to redevelop the property into a 7-unit apartment building, having 7-parking spaces in the rear; both to acquire IMMENSE PROFIT. **Note that multifamily units are indeed the most demanded property type in the immediate area. The property is investor's dream and the seller is very motivated!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: No
  • Wall Ceiling Types: Brick
  • Foundation Details: Concrete Perimeter
  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 4430
  • Living Area Sq Ft: 4430
  • Price Per Sq Ft: 58.69
  • Above Grade Finished Sq Ft: 4430
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 601

Beds/Baths

  • Bedrooms: 14
  • Main Level Bedrooms: 14
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 5

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Brick
  • Exterior Features: Fire Escape, Sidewalks
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 233114.00
  • Land Assessed Value: 58286.00
  • Lot Size Acres: 0.26
  • Lot Dimensions: 74.00 x 155.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11445.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2023
  • Zoning: RSA3

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 1316973
  • School Tax: 2238.00
  • Tax Annual Amount: 4079.00
  • Assessor Parcel Number: 882927430
  • Tax Lot: 6016
  • Tax Total Finished Sq Ft: 4430
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/13/2023

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
06/13/2023 06/13/23 Sold $255,000 -1.9% $58 / Sq Ft
05/06/2023 05/06/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $260,000 -- $59 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Q

    Seller's Agent in 2023

    Queen Hart

    EXP Realty, LLC

    (267) 423-1934

    2 in this area

    11 Total Sales

    Section Image

  • K

    Buyer's Agent in 2023

    KAREN ALLEYNE

    Weichert Corporate

    (215) 519-8870

    2 in this area

    13 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PAPH2230332

Bright MLS

Pennsylvania Philadelphia County Philadelphia 19144 East Germantown

601 5 E Chelten Ave, Philadelphia, PA

This home is located at 601 5 E Chelten Ave, Philadelphia, PA 19144 since 01 May 2023. This property was built in 1950. 601 5 E Chelten Ave is a home located in Philadelphia County with nearby schools including Martin Luther King High School, Mastery Charter School - Francis D. Pastorius Elemen, and John Wister Elementary School.

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