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$157,700   Price Analysis
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2656 S Shields St
Philadelphia, PA 19142
2 bed None bath 960 SqFt ($164/SqFt)
1,472SqFt lot. Built 1925
Listed 2024-04-15, Taxes $2,203
USDA Eligible
near Philadelphia, PA
 

HUGE PRICE REDUCTION!!Attention Investors!

A Lucrative Opportunity Awaits in the Elmwood Park Area at 2656 Shields St, Calling for Its Next Landlord. This multi-family property promises excellent cash flow potential with its 2 units. Upon entering, you'll immediately notice the well-maintained floors complemented bythe good condition of the walls. Each unit boasts a kitchen adorned with lovely Formica countertops. Unit 1 comprises 1 bedrooms and 1 bathroom on the first floor and Unit 2 also features 2 bedrooms and 1 bathroom. With its strategic layout, this property holds tremendous potential, especially with the current upward trend in rental rates, enabling the new owner to generate substantial monthly passive income. Moreover, its location offers easy access to public trnsportation, shopping and dining options, making it a extraordinary investment opportunity. Don't let this chance slip away!

As a seasoned real estate professional, I stand ready to guide you through the exciting journey of exploring this investment further.


Presented by Sergio Giraldo at
Rehobot Real Estate, LLC.
Listing Agent Photo

Property MLS #PAPH2336086 from BrightMLS

Bedrooms: 2

Basement

Heating Features: Forced Air
Heating: Yes

Lot Size Acres: 0.0337925
Lot Size Square Feet: 1472

Parking Features: On Street

Number of Units: 2
Number of 2 Bedroom Units: 1

School District: PHILADELPHIA CITY

Bartram John - Main is a public high school located approximately 0.3 miles away.
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Patterson John M School is a public elementary school located approximately 0.4 miles away.
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Education Is The Key Learning Center is a private elementary and middle school located approximately 0.2 miles away.
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Tilden William T Middle School is a public elementary and middle school located approximately 0.2 miles away.
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Annual Tax Amount: 2203.0
Source Listing Status: Active
County: PHILADELPHIA
Source Property Type: Multi-Family
Area: PHILADELPHIA
Source Neighborhood: ELMWOOD PARK
Postal Code Plus 4: 2714
Subdivision: ELMWOOD PARK
Township: PHILADELPHIA
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$125,920 + $31,480
$157,400
$2,203
2022$68,765 + $12,135
$80,900
$1,132
2021$68,765 + $12,135
$80,900
$1,132
2020$68,765 + $12,135
$80,900
$1,132
2019$59,925 + $10,575
$70,500
$986
2018$55,505 + $9,795
$65,300
$914
2017$55,505 + $9,795
$65,300
$914
2016$57,057 + $8,243
$65,300
$914
2015$46,357 + $8,243
$54,600
$731
2014$46,357 + $8,243
$54,600
$731
2013$10,080 + $1,536
$11,616
$1,135
2012$10,080 + $1,536
$11,616
$1,095
2011$10,080 + $1,536
$11,616
$1,054
2010$10,080 + $1,536
$11,616
$959
2009$10,080 + $1,536
$11,616
$959
2009$10,080 + $1,536
$11,616
$959

Price Changed 2024-05-01
$157,700
BrightMLS
Listed 2024-04-15
$167,700
BrightMLS
Sold 2020-09-17
$127,000
Public Record
Sold 2020-03-20
$56,000
Public Record
Sold 2017-08-16
$55,000
Public Record
Sold 2017-08-10
$50,000
BrightMLS
Listing removed 2016-10-14
$61,500
BrightMLS
Listed 2016-10-10
$59,500
BrightMLS
Listed 2016-10-10
$59,500
BrightMLS
Price Changed 2016-08-04
$61,500
BrightMLS
Relisted 2016-07-18
$69,500
BrightMLS
Listing removed 2016-07-16
$69,500
BrightMLS
Price Changed 2016-05-02
$69,500
BrightMLS
Listed 2015-06-29
$75,000
BrightMLS
Sold 2003-02-27
$59,000
Public Record
Sold 1984-08-01
$25,000
Public Record

Total Square Feet Living: 960
Year Built: 1925
Construction Materials: Masonry
Property Age: 99
Structure Type: Interior Row/Townhouse
House Style: Straight Thru
Architectural Style: Interior 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.