Price Reduction - New Construction
Listed By:
OCF Realty LLC - Philadelphia
Address
2649-51 Titan Street, Philadelphia, PA
Price
$ 850,000
Property Attributes
  • MLS#PAPH2282372
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19146
  • NeighborhoodGrays Ferry
  • Zip19146
  • StyleContemporary
  • Year Built2022
  • Taxes$ 1514
  • Price$ 850,000
  • Bedrooms7
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.03 Acres
Data Source:
Bright MLS
Property Description

Welcome to 2649-51 Titan Street, a new construction triplex with the more favorable 10 year tax abatement grandfathered in. Unit A is bilevel and has 3 beds, 3 full and 1 half bath, and includes a private patio space. Unit B has 2 beds, 1 full and 1 half bath. Unit C has 2 beds, 1 full and 1 half baths, and includes a private extra large roof deck. This triplex is already income-producing (operating above a 6 cap), but there is language in the leases allowing for an early lease end date with proper notice in the event that you want to purchase this as an owner-occupant. Tenant occupied, 24 hour notice required.

Price History
9/27/2023 Listed $900,000
10/5/2023 3% - $875,000
11/9/2023 2% - $865,000
6/4/2024 2% - $850,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central A/C,Ductless/Mini-Split
Possession Immediate
Zoning RM1
Architectural Style Contemporary
Construction Materials Brick Veneer,Brick Front
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Year Built 2022
Property SubType Triplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County PHILADELPHIA
New Construction Yes
Property Type Multi-Family
Subdivision Name GRAYS FERRY
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions Navigate to 2649-51 Titan St.
ModificationTimestamp 2024-06-17T18:36:43
City PHILADELPHIA
Buyer Agent Compensation 2.5
NumberOfUnitsTotal 3
MLS Area 19146 (19146)
Lot Size Units Square Feet
Lot Size Square Feet 1222.00
Tax Assessed Value 108200.0
Waterfront Y/N No
Tax Annual Amount 1514.0
Property Condition Excellent
Two Bedroom 2
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 279.42
Construction Completed Y/N Yes
Vacation Rental Y/N No
Total SQFT 4056
Days on Market 268
Standard Status Active
Year Built Source Estimated
Tax Lot 276
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Hot Water Electric
Heating Y/N Yes
Fireplace Y/N No
Central Air Y/N Yes
LivingAreaSource Estimated
Three Bedroom Units Count 1

Exterior Features

Pool No Pool
Water Source Public
Type of Parking None
Land Use Code SR
Foundation Details Concrete Perimeter
Water View Y/N No
Lot Dimensions 26.00 x 47.00
Lot Size Acres 0.03
Lot Size Source Estimated
Land Assessed Value 108200.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Estimated

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 19146

Price
AVG $690K
$850K
Taxes
AVG $5,345
$1,514
Visits
AVG 332
652
Data Provided by Inside Real Estate®
Year Built
AVG 1935
2022