Address
657 N 12Th Street, Philadelphia, PA
Price
$ 1,299,900
Property Attributes
- MLS#PAPH2279522
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19123
- NeighborhoodSpring Arts
- Zip19123
- StyleStraight Thru
- Year Built2016
- Taxes$ 3902
- Price$ 1,299,900
- Bedrooms8
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1,742 SqFt
Data Source:
Bright MLS
Property Description
Investor Alert - Triplex for sale with all units occupied currently. Total rent income is 76k annually, which is below the market rate as the lease agreements were made a couple of years ago. Current market rate should amount to 86k approximately. Annual tax $3902. This apartment building has 3 levels, each with its own entry access. A total of 8 bedrooms and 8 bathrooms. Newly renovated, 2nd and 3rd level are 2 bed/2 baths suites and first level has a 4 bedroom/4 bath suite. Kitchen is equipped with stainless steel appliances, tile back splash, granite countertop and recess lighting. Together with tall ceiling, big windows make the space bright and open. Lower level rooms have windows and two spacious full bathrooms. This property is 1.3 mile to Chinatown and 1 mile to Temple University, convenient for shopping and eating out. There is proposed development for NBA Arena and a new shopping center is being built which brings long term opportunities and growth for the community.
| Price History | |
|---|---|
| 9/21/2023 | Listed $1,425,000 |
| 10/12/2023 | 2% - $1,400,000 |
| 11/22/2023 | 1% - $1,399,900 |
| 1/4/2024 | 1% - $1,395,000 |
| 1/23/2024 | 4% - $1,350,000 |
| 1/24/2024 | 2% - $1,325,000 |
| 3/27/2024 | 2% - $1,299,900 |
General Features
| Interior Features | Breakfast Area,Kitchen - Eat-In,Recessed Lighting,Walk-in Closet(s),Entry Level Bedroom,Soaking Tub,Upgraded Countertops |
|---|---|
| Sewer | Public Septic |
| Heating | Central |
| Cooling | Central A/C |
| Possession | Immediate |
| Appliances | Dishwasher,Dryer,Microwave,Oven/Range - Electric,Refrigerator,Stainless Steel Appliances,Washer |
| Zoning | RSA5 |
| Pool Y/N | No Pool |
| Patio/Porch Features | Brick,Patio(s) |
| Architectural Style | Straight Thru |
| Construction Materials | Masonry |
| Year Built | 2016 |
| Property SubType | Triplex |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| OwnerPays | Taxes - Real Estate,Insurance |
| Accessibility | None |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Multi-Family |
| Subdivision Name | SPRING ARTS |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Total Rooms | 16 |
| Status | ACTIVE |
| Directions | From South,follow I-95 N to Callowhill St in Philadelphia. Take exit 22 from I-95 N. Follow Callowhill St,N 7th St and Fairmount Ave to N 12th St. From North,Follow I-95 S to Philadelphia. Take exit |
| ModificationTimestamp | 2024-03-27T11:59:59 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 2.5 |
| Total Units | 3 |
| MLS Area | 19123 (19123) |
| Lot Size Square Feet | 1553.00 |
| Tax Assessed Value | 145189.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 3 |
| Street Name | 12TH |
| Tax Annual Amount | 3902.0 |
| Home Warranty Y/N | No |
| Property Condition | Excellent |
| Two Bedroom | 2 |
| Structure Type | Interior Row/Townhouse |
| One Bedroom Units Count | 1 |
| Other Units | Unit 1,Unit 1,Unit 2 |
| Price Per Sq Ft | 327.68 |
| Acceptable Financing | Cash,Conventional,FHA,VA,Private,Exchange |
| Historic Y/N | No |
| Vacation Rental Y/N | No |
| Total SQFT | 3967 |
| Days on Market | 223 |
| Lease Type | Yearly |
| Standard Status | Active |
| Year Built Source | Estimated |
| Tax Lot | 10 |
| Total Actual Rent | 76800.00 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Basement | Fully Finished,Connecting Stairway,Daylight,Partial |
| Hot Water | Natural Gas |
| Total Stories | 4 |
| Furnished Units | All |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| LivingAreaSource | Estimated |
| Three Bedroom Units Count | 1 |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | Off Street |
| Foundation Details | Slab |
| Water View Y/N | No |
| Lot Size Acres | 0.04 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 145189.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 19123
Price
Taxes
Visits
Year Built
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