$545,000

Estimated payment $3,388/month

Total Views 3,659
-- Bed
-- Bath
2,739 Sq Ft
$199 Price per Sq Ft

Highlights

  • Traditional Architecture
  • 4-minute walk to Lancaster Avenue And 41St Street
  • Combination Kitchen and Living
  • Wood Flooring
  • Corner Lot
  • 3-minute walk to God Is Great Park

About This Home

This multi-unit building in West Philadelphia presents a prime investment opportunity in a highly desirable location. With its unique layout, the 5-unit property is just minutes from both Drexel University and the University of Pennsylvania. Enjoy easy access to public transportation and I-76, offering excellent connectivity to local amenities. Nearby, you'll find Shoprite, Planet Fitness, and Lowe’s along Lancaster Ave. The building is a partially detached end unit, benefiting from abundant natural light due to its northern and western exposures, as well as a skylight in the third-level common hallway. There is a private garage and a small patio out back, both highly marketable features for Tenants. Inside, the property features a classic vestibule with original, intricate tile work that adds to its character. While the units vary in layout, all offer generous natural light and ample storage. Several units have been updated with hardwood floors and modern kitchen cabinets, combining classic charm with contemporary upgrades. The exterior maintains the building’s original appeal. Interested in learning more? Schedule a private tour today to explore this exceptional investment property.

Listing Agent

Lorry Hunt

Keller Williams Main Line License #RS323209 Listed on: 01/15/2025

Keller Williams Main Line

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,939

Year Built

  • Built in 1925

Lot Details

  • 1,289 Sq Ft Lot
  • Lot Dimensions are 16.00 x 41.00
  • Open Space
  • Corner Lot
  • Property is in very good condition

Parking

  • 1 Car Garage
  • Public Parking
  • Assigned Parking Garage Space
  • Private Parking
  • On-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Foundation
  • Masonry

Interior Spaces

  • Bathtub with Shower
  • 2,739 Sq Ft Home
  • Skylights
  • Combination Kitchen and Living
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Schools

  • William Dick Elementary School
  • John Paul Jones Middle School
  • West Philadelphia High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 179
  • Assessor Parcel Number 062244400

Community Details

Overview

  • 4 Units
  • 3-Story Building
  • Belmont Subdivision

Building Details

  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,939

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenant Personal Property
  • New Construction: No
  • Year Built: 1925
  • Building Winterized: No
  • Remarks Public: This multi-unit building in West Philadelphia presents a prime investment opportunity in a highly desirable location. With its unique layout, the 5-unit property is just minutes from both Drexel University and the University of Pennsylvania. Enjoy easy access to public transportation and I-76, offering excellent connectivity to local amenities. Nearby, you'll find Shoprite, Planet Fitness, and Lowe’s along Lancaster Ave. The building is a partially detached end unit, benefiting from abundant natural light due to its northern and western exposures, as well as a skylight in the third-level common hallway. There is a private garage and a small patio out back, both highly marketable features for Tenants. Inside, the property features a classic vestibule with original, intricate tile work that adds to its character. While the units vary in layout, all offer generous natural light and ample storage. Several units have been updated with hardwood floors and modern kitchen cabinets, combining classic charm with contemporary upgrades. The exterior maintains the building’s original appeal. Interested in learning more? Schedule a private tour today to explore this exceptional investment property.
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Vinyl
  • Interior Amenities: Bathroom - Tub Shower, Combination Kitchen/Living, Skylight(s)
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2739
  • Living Area Sq Ft: 2739
  • Price Per Sq Ft: 198.98
  • Above Grade Finished Sq Ft: 2739
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 829

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Street Lights
  • Road Surface Type: Paved
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Public, Private
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: PHILADELPHIA CITY
  • Elementary School: WILLIAM DICK SCHOOL
  • Middle School: JOHN PAUL JONES
  • High School: WEST PHILADELPHIA
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 803408593408
  • School District Source: Listing Agent
  • Elementary School: WILLIAM DICK SCHOOL
  • High School: WEST PHILADELPHIA
  • Middle Or Junior School: JOHN PAUL JONES

Lot Info

  • Land Use Code: U50
  • Lot Features: Adjoins - Open Space, Corner
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 41.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1289.00
  • Property Condition: Very Good
  • Year Assessed: 2024
  • Zoning: RSA5
  • Zoning Description: Residential Multi- Unit

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 3326.00
  • Tax Annual Amount: 5939.00
  • Assessor Parcel Number: 062244400
  • Tax Lot: 179
  • Tax Total Finished Sq Ft: 2739
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 3
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,939 $400,300 $80,060 $320,240
2024 $5,939 $400,300 $80,060 $320,240
2023 $5,939 $424,300 $84,860 $339,440
2022 $2,588 $424,300 $84,860 $339,440
2021 $2,588 $0 $0 $0
2020 $2,588 $0 $0 $0
2019 $2,492 $0 $0 $0
2018 $582 $0 $0 $0
2017 $582 $0 $0 $0
2016 $582 $0 $0 $0
2015 $677 $0 $0 $0
2014 -- $50,500 $5,155 $45,345
2012 -- $5,696 $2,029 $3,667
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 For Sale $545,000 -- $199 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $350,000 Keystone Premier Setmnt Svcs
Deed $180,000 None Available
Deed In Lieu Of Foreclosure -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $337,817 New Conventional
Closed $262,500 Future Advance Clause Open End Mortgage
Previous Owner $285,600 Commercial
Previous Owner $135,000 Commercial
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2435394

Bright MLS

APN: 881000742