Listed By:
HomeZu by Simple Choice
Address
1182 S 11Th Street, Philadelphia, PA
Price
$ 965,000
Property Attributes
  • MLS#PAPH2345290
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19147
  • Zip19147
  • Style
  • Year Built1915
  • Taxes$ 5089
  • Price$ 965,000
  • Bedrooms5
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description

Opportunity to purchase a real estate rental portfolio. Offering 9 units in the form of 3 triplexes, all in South Philadelphia on 11th Street. Total asking price is $2,595,000. Buildings have been owned for between 3 and 17 years with a 99% occupancy rate. All units are currently occupied. Although it is for three buildings, it is an all-or-nothing offer in which all three buildings must be purchased together. All three buildings are on 11th street in the Bella Vista area of South Philadelphia. Within the nine units are: Seven 2-bedroom apartments, Two 1-bedroom apartments. Building 1 is 811 South 11th street. It consists of three 2-bedrooms apartments. Each unit has 1 full bathroom, outdoor space, and central air. Two of the units have in-unit washer-dryers and the third uses a coin operated unit in the basement. There are also storage cages for each unit in the basement. All units are separately metered. All units are currently occupied at the following rents: $2,000 / $1700 / $1,750 for a total rent roll of $5,450. Building 2 is 819 South 11th Street. It consists of two 2-bedroom units and one 1-bedroom unit. Each unit has one full bathroom and in-unit washer-dryers. The ground floor unit has a small yard. All units are separately metered. All units are currently occupied at the following rents: $1,650 / $1,400 / $1,450 for a total rent roll of $4,500. Building 3 is 1182 South 11th Street. It consists of two 2-bedroom units, each with two full baths and one 1-bedroom unit with one full bath. Each unit has in-unit washer-dryers and central air. The third-floor unit has an outdoor deck. All units are separately metered. All units are currently occupied at the following rents: $2,000 / $2,000 / $1,605 for a total rent roll of $5,605.

Price History
4/19/2024 Listed $965,000

General Features

Sewer Public Sewer
Heating Baseboard - Hot Water
Cooling None
Possession Negotiable
Zoning RSA5
Pool Y/N No Pool
Architectural Style Other
Construction Materials Masonry
Year Built 1915
Property SubType Triplex
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel None
Accessibility None
County PHILADELPHIA
New Construction No
Property Type Multi-Family
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions South 11th below Market
ModificationTimestamp 2024-04-19T14:07:40
City PHILADELPHIA
Buyer Agent Compensation 1.4
Zoning Description PERMIT FOR MULTI-FAMILY HOUSEHOLD LIVING (THREE (3) DWELLING UNITS) IN AN EXISTING STRUCTURE
Total Units 3
MLS Area 19147 (19147)
Lot Size Square Feet 1440.00
Tax Assessed Value 363600.0
Waterfront Y/N No
Street Name 11TH
Tax Annual Amount 5089.0
Home Warranty Y/N No
Two Bedroom 2
Structure Type End of Row/Townhouse
One Bedroom Units Count 1
Other Units Unit 1,Unit 2,Unit 3
Price Per Sq Ft 407.52
Rent Control Y/N No
Vacation Rental Y/N No
Total SQFT 2368
Days on Market 12
Standard Status Active
Year Built Source Assessor
Tax Lot 102
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Basement Full
Hot Water Natural Gas
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix STREET
Central Air Y/N No
LivingAreaSource Assessor

Exterior Features

Water Source Public
Type of Parking On Street
Land Use Code Y50
Foundation Details Block
Water View Y/N No
Lot Dimensions 18.00 x 80.00
Lot Size Acres 0.03
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 72720.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

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 19147

Price
AVG $890K
$970K
Taxes
AVG $7,257
$5,089
Visits
AVG 274
64
Data Provided by Inside Real Estate®
Year Built
AVG 1923
1915

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