$499,000 Price Analysis    ♡   Philadelphia, PA 19131 4 bed None bath 1,824 SqFt ($273/SqFt) 3,142SqFt lot. Built 1920 Listed 2024-05-22, Taxes $1,294 | Ⓧ USDA Ineligible due to location near Philadelphia |
Seize this rare opportunity to own a legally designated triplex with two highly-rated
* Sale Pending *Turnkey short-term rental units, complete with a transferable license, in the highly sought-after neighborhood of Wynnefield, Philadelphia. This property not offers a lucrative short-term rental business but also comes with a valid hot el variance for six rooms and a short-term rental licenseboth extremely difficult and costly to acquire. Located minutes from the Main Line, City Ave and conveniently near sports venues, concert halls and St. Joseph's Univrsity, this property guarantees a steady stream of guests. The two upper units are freshly remodeled and fully furnished, exuding a cool city vibe that immediately puts guests in vacation mode upon entry. The sale includes everything from the top two short-term rental units, such as beds, sheets, appliances, furniture, kitchenware and more, making it a true turnkey operation.
The first-floor unit is occupied by a long-term tenant, ensuring stable rental income. The property boasts excellent reviews on multiple platforms like VRBO, Travelocity, Booking.com and Expedia, reflecting its strong reputation. Stunning interior features include exposed brick walls, custom cabinets and high wood beam ceilings, all designed with an urban loft aesthetic. This investment is perfect for investors seeking an excellent addition to their portfolio, offering immediate income and growth potential. It's also ideal for owner-occupants, particularly first-time buyers looking to house-hack or enter the short-term rental market. Remote investors will find it a extraordinary opportunity to invest in Philadelphia and build passive income from a distance. This trendy home is the perfect retreat for guests, providing a relaxing environment after a day of work or exploration in the vibrant city of Philadelphia. Don't miss out on this exceptional investment opportunity. Schedule a showing today and take the first step towards owning a high-performing, income-generating property.
Presented by Brad Gellman at
Coldwell Banker Realty.
Property MLS #PAPH2357576 from BrightMLS
Combination Kitchen/Dining
Additional Stairway
Dining Area
Floor Plan - Open
Heating Features: Forced Air
Heating: Yes
Garage Features: Additional Storage Area, Basement Garage, Garage - Rear Entry
Parking Features: Public, Attached Garage Spaces: 1, Driveway Spaces: 2, On Street, Attached Garage
Parking Total: 3
Lot Size Square Feet: 3142
Number of 1 Bedroom Units: 2
Number of 2 Bedroom Units: 1
Map directions Map directions Map directionsSource Listing Status: Pending
County: PHILADELPHIA
Source Property Type: Multi-Family
Area: PHILADELPHIA
Source Neighborhood: PHILADELPHIA
Postal Code Plus 4: 3212
Township: PHILADELPHIA
Property Subtype: Triplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $74,000 + $18,500 $92,500 | $1,294 |
| 2022 | $47,275 + $13,725 $61,000 | $853 |
| 2021 | $47,275 + $13,725 $61,000 | $853 |
| 2020 | $47,275 + $13,725 $61,000 | $853 |
| 2019 | $31,775 + $9,225 $41,000 | $573 |
| 2018 | $43,633 + $12,667 $56,300 | $788 |
| 2017 | $43,633 + $12,667 $56,300 | $788 |
| 2016 | $37,488 + $18,812 $56,300 | $788 |
| 2015 | $37,488 + $18,812 $56,300 | $754 |
| 2014 | $37,488 + $18,812 $56,300 | $754 |
| 2013 | $10,728 + $3,576 $14,304 | $1,397 |
| 2012 | $10,728 + $3,576 $14,304 | $1,349 |
| 2011 | $10,728 + $3,576 $14,304 | $1,299 |
| 2010 | $10,728 + $3,576 $14,304 | $1,182 |
| 2009 | $10,728 + $3,576 $14,304 | $1,182 |
| 2009 | $10,728 + $3,576 $14,304 | $1,182 |
$499,000
BrightMLS
Listing removed 2024-01-04
$0
BrightMLS
Listed 2023-11-07
$649,900
BrightMLS
Sold 2023-10-28
$649,900
BrightMLS
Listed 2023-08-07
$649,900
BrightMLS
Sold 2021-07-12
$110,000
Public Record
Sold 2019-05-03
$90,000
Public Record
Sold 2019-02-19
$90,000
BrightMLS
Listed 2019-01-12
$125,000
BrightMLS
Listing removed 2015-09-22
$48,000
BrightMLS
Listed 2015-07-06
$48,000
BrightMLS
Sold 2015-07-04
$48,000
BrightMLS
Listed 2015-05-29
$48,000
BrightMLS
Listing removed 2013-05-08
$34,900
BrightMLS
Listed 2013-04-18
$34,900
BrightMLS
Year Built: 1920
Construction Materials: Masonry
Property Age: 104
Structure Type: End of Row/Townhouse
House Style: Traditional, Straight Thru
Architectural Style: End of Row/Townhouse
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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.