$750,000 Price Analysis    ♡   Philadelphia, PA 19123 4 bed None bath 3,000 SqFt ($250/SqFt) 1,104SqFt lot. Built 1920 Listed 2024-03-01, Taxes $6,023 | ✓ USDA Eligible near Philadelphia, PA Restrictions may apply due to home size |
Discover the ultimate investment opportunity with this outstanding mixed-use property
Perfectly poised to capitalize on both commercial and residential potential. On the ground floor, a commercial space currently houses a deli and storefront which comes with a well-equipped kitchen and ample storage. This unit is secured with a solid lease agreement, offering six years of guaranteed income within a ten-year lease term at $1900/mo (triple net lease). Unit One: This expansive apartment features 2 bedrooms and 1 bathroom spread over 1150 square feet, cur rently rented at $1200/mo through April. Hardwood floors and in-unit laundry ensure comfort and convenience in this apartment.
Unit Two offers 2 bedrooms and 2 bathrooms across 1100 square feet, including hardwood floors, granite countertops and in-unit laundry. This unit is currntly rented at $1200/mo through July 2024. Strategically positioned, this property enjoys close proximity to City Hall, enhancing its visibility, accessibility and increased income potential. Moreover, with convenient access to the Broad Street Line and I-95, major bridges and highways, commuting is a breeze. The neighborhood boasts an array of amenities, including pharmacies and grocery stores, all within easy walking distance. Seize the opportunity to secure steady rental income and luxurious living spaces in one of the city's most sought-after areas near Temple's Sports Complex. Schedule your showing today and unlock the potential of this exceptional property!
Presented by Terry Upshur at
COMPASS.
Property MLS #PAPH2327592 from BrightMLS
Heating Features: Central
Heating: Yes
Lot Size Square Feet: 1104
Number of 2 Bedroom Units: 2
Map directions Map directions Map directionsSource Listing Status: Active
County: PHILADELPHIA
Source Property Type: Multi-Family
Area: PHILADELPHIA
Source Neighborhood: WEST POPLAR
Postal Code Plus 4: 1006
Subdivision: WEST POPLAR
Township: PHILADELPHIA
Property Subtype: Triplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $344,240 + $86,060 $430,300 | $6,023 |
| 2022 | $119,840 + $29,960 $149,800 | $2,096 |
| 2021 | $119,840 + $29,960 $149,800 | $2,096 |
| 2020 | $119,840 + $29,960 $149,800 | $2,096 |
| 2019 | $118,720 + $29,680 $148,400 | $2,077 |
| 2018 | $112,160 + $28,040 $140,200 | $1,962 |
| 2017 | $91,500 + $16,600 $108,100 | $1,513 |
| 2016 | $91,500 + $16,600 $108,100 | $1,240 |
| 2015 | $91,500 + $16,600 $108,100 | $1,448 |
| 2014 | $91,500 + $16,600 $108,100 | $1,448 |
| 2013 | $4,207 + $3,793 $8,000 | $781 |
| 2012 | $4,207 + $3,793 $8,000 | $754 |
| 2011 | $4,207 + $3,793 $8,000 | $726 |
| 2010 | $4,207 + $3,793 $8,000 | $661 |
| 2009 | $4,207 + $3,793 $8,000 | $661 |
| 2009 | $4,207 + $3,793 $8,000 | $661 |
$750,000
BrightMLS
Sold 2004-02-26
$32,000
Public Record
Sold 2001-10-17
$62,500
Public Record
Year Built: 1920
Construction Materials: Masonry
Property Age: 104
Structure Type: Interior Row/Townhouse
House Style: Converted Dwelling, Dwelling with Rental
Architectural Style: Interior Row/Townhouse
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  | ||
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.