Listed By:
BHHS Fox & Roach - Hockessin
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 Size0.04 Acres
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
AVG $910K
$1.3M
Taxes
AVG $6,869
$3,902
Visits
AVG 469
734
Data Provided by Inside Real Estate®
Year Built
AVG 1936
2016