$185,000
SOLD JAN 24, 2025
-- Bed
-- Bath
1,812 Sq Ft
1,280 Sq Ft Lot

Recently Sold

$102 Per Sq Ft

139 Days on Market

Highlights

  • Combination Kitchen and Dining Room
  • 1-minute walk to Elmwood Avenue And 70Th Street
  • 3-minute walk to Elmwood Park
  • Heating Available

About This Home

As of January 2025

Welcome home to a prime investment opportunity in the Elmwood Park neighborhood in Philadelphia. This is a decently sized mixed-use duplex property awaiting revitalization. With a storefront featuring a half bathroom for versatile commercial use and a second unit offering 3 bedrooms and 1 bath, this property holds immense potential to bring your ideas to. Though sold as is and requires TLC, it presents a compelling chance for entrepreneurs and investors to unlock value in the bustling Philadelphia market. Conveniently located near public transit and a local Amazon warehouse, its strategic position enhances its appeal as a lucrative investment opportunity. Don't miss out! Seize the chance to transform this multi-family property, add it to your portfolio, or live in one unit & rent the other. Property will be sold in AS-IS condition and delivered vacant.

Last Agent to Sell the Property

Brendon Hong

Prosperity Real Estate & Investment Services Listed on: 06/06/2024

Last Buyer's Agent

Brendon Hong

Prosperity Real Estate & Investment Services Listed on: 06/06/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,629

Year Built

  • Built in 1920

Lot Details

  • 1,280 Sq Ft Lot
  • Lot Dimensions are 16.00 x 80.00

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Masonry

Interior Spaces

  • 1,812 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Unfinished Basement

Utilities

  • Heating Available
  • 100 Amp Service
  • Public Septic

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 406234000

Community Details

Overview

  • 2 Units
  • 2-Story Building

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,629

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Over Storefront
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Inclusions: All miscellaneous chattel
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome home to a prime investment opportunity in the Elmwood Park neighborhood in Philadelphia. This is a decently sized mixed-use duplex property awaiting revitalization. With a storefront featuring a half bathroom for versatile commercial use and a second unit offering 3 bedrooms and 1 bath, this property holds immense potential to bring your ideas to. Though sold as is and requires TLC, it presents a compelling chance for entrepreneurs and investors to unlock value in the bustling Philadelphia market. Conveniently located near public transit and a local Amazon warehouse, its strategic position enhances its appeal as a lucrative investment opportunity. Don't miss out! Seize the chance to transform this multi-family property, add it to your portfolio, or live in one unit & rent the other. Property will be sold in AS-IS condition and delivered vacant.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Store/Office, Combination Kitchen/Dining
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1812
  • Living Area Sq Ft: 1812
  • Price Per Sq Ft: 102.10
  • Above Grade Finished Sq Ft: 1812
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7026

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • 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
  • Electric Service: 100 Amp Service
  • Heating: Yes
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: 3rd Party

Lot Info

  • Land Use Code: O30
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 80.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1280.00
  • Year Assessed: 2024
  • Zoning: CMX2
  • Zoning Description: Multi-family / Mixed-use

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 912.00
  • Tax Annual Amount: 1629.00
  • Assessor Parcel Number: 406234000
  • Tax Lot: 33
  • Tax Total Finished Sq Ft: 1812
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 01/24/2025

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2002
Sold by
Apb Properties
Bought by
Hong Tuong and Hong Lisa

Purchase Details

Closed on
May 27, 1999
Sold by
Wilmington Svgs Fund Society Fsb
Bought by
A P B Properties

Purchase Details

Closed on
Oct 14, 1997
Sold by
Becker Chales F and Becker Donna L
Bought by
Wilmington Svgs Fund Society Fsb
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $45,000 --
Deed $30,000 --
Sheriffs Deed $6,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2025 07/13/25 For Sale $190,000 +2.7% $107 / Sq Ft
01/24/2025 01/24/25 Sold $185,000 0.0% $102 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
09/14/2024 09/14/24 For Sale $185,000 0.0% $102 / Sq Ft
09/06/2024 09/06/24 Off Market $185,000 -- --
06/24/2024 06/24/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $185,000 -- $102 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

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 $1,629 $140,200 $28,040 $112,160
2024 $1,629 $140,200 $28,040 $112,160
2023 $1,629 $116,400 $23,200 $93,200
2022 $781 $71,400 $23,200 $48,200
2021 $1,411 $0 $0 $0
2020 $1,411 $0 $0 $0
2019 $1,302 $0 $0 $0
2018 $1,169 $0 $0 $0
2017 $1,169 $0 $0 $0
2016 $1,169 $0 $0 $0
2015 $1,119 $0 $0 $0
2014 -- $83,500 $7,936 $75,564
2012 -- $10,752 $1,911 $8,841
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2348048

Bright MLS

APN: 406234000