Seller's Agent in 2021
Gregory Damis
BHHS Fox & Roach
(215) 440-2096
6 in this area
148 Total Sales
702 S 18th St Philadelphia, PA 19146
Southwest Center City NeighborhoodEstimated Value: $588,000 - $972,000
--
Bed
--
Bath
2,880
Sq Ft
$271/Sq Ft
Est. Value
Highlights
- No HOA
- Forced Air Heating and Cooling System
- 3-minute walk to Marian Anderson Recreation Center
About This Home
As of April 2021Wonderful and well maintained income producing property for owner-occupant or investor with over $81k/yr of rental income. Situated in the heart of highly desirable Graduate Hospital with a prime location, convenient to Center City, South Street, museums, parks, shopping, restaurants, and major thoroughfares. This is two properties (700 & 702 S 18th) with two tax IDs being sold together on one deed. 1st floor is a two bedroom unit with access to the basement for storage and backyard. 4 additional units on the 2nd and 3rd floors are 1 bedrooms. All are currently rented with separate utilities and washers & dryers in each unit. Hardwood floors throughout most units, Central Air on 1st and 2nd floors with window units on 3rd floor. Easily rentable with a great location, most current tenants are long term. Purchased at asking price, this property offers a 5+% cap rate.
Last Agent to Sell the Property
(215) 440-2096 teamdamis@gmail.com BHHS Fox & Roach-Center City Walnut Listed on: 01/20/2021
Last Buyer's Agent
(215) 440-2096 teamdamis@gmail.com BHHS Fox & Roach-Center City Walnut Listed on: 01/20/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,627
Year Built
- Built in 1915
Lot Details
- 665 Sq Ft Lot
- Lot Dimensions are 16.00 x 41.58
Parking
- On-Street Parking
Home Design
- 2,880 Sq Ft Home
- Brick Exterior Construction
- Masonry
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Natural Gas Water Heater
Additional Features
- Unfinished Basement
Listing and Financial Details
- Tax Lot 363
- Assessor Parcel Number 301357105
Community Details
Overview
- No Home Owners Association
- 4 Units
- 3-Story Building
Building Details
- Insurance Expense $3,700
- Trash Expense $1,000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/20/2021 04/20/21 | Sold | $975,000 | -2.5% | $339 / Sq Ft |
| 01/25/2021 01/25/21 | Pending | -- | -- | -- |
| 01/20/2021 01/20/21 | For Sale | $999,999 | -- | $347 / Sq Ft |
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 | $5,840 | $553,100 | $110,600 | $442,500 |
| 2024 | $5,840 | $553,100 | $110,600 | $442,500 |
| 2023 | $5,840 | $417,200 | $83,440 | $333,760 |
| 2022 | $5,893 | $417,200 | $83,440 | $333,760 |
| 2021 | $5,893 | $0 | $0 | $0 |
| 2020 | $5,893 | $0 | $0 | $0 |
| 2019 | $6,396 | $0 | $0 | $0 |
| 2018 | $2,352 | $0 | $0 | $0 |
| 2017 | $2,352 | $0 | $0 | $0 |
| 2016 | $2,352 | $0 | $0 | $0 |
| 2015 | $2,251 | $0 | $0 | $0 |
| 2014 | -- | $168,000 | $16,600 | $151,400 |
Source: Public Records
Agents Affiliated with this Home
-
Gregory Damis
Map
Source: Bright MLS
MLS Number: PAPH980660
APN: 301357305
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