$350,000
PENDING

Estimated payment $2,233/month

Total Views 8,650
-- Bed
-- Bath
1,640 Sq Ft
$213 Price per Sq Ft

Highlights

  • Straight Thru Architecture
  • Property is in very good condition
  • 3-minute walk to Finley Recreation Center
  • Wood Flooring
  • Hot Water Baseboard Heater

About This Home

Turnkey Multi-Family Investment Opportunity in Prime East Mount Airy Location! Don’t miss this rare chance to own a well-maintained, income-generating triplex in the heart of desirable East Mount Airy. This semi-detached property features two spacious two-bedroom, one-bath units, each offering large living and dining areas, updated eat-in kitchens, and modernized bathrooms. The generous layouts make each unit ideal for long-term tenants or an owner-occupant looking to offset their mortgage with rental income. In addition to the main units, the seller has added a fully finished one-bedroom, one-bath apartment with a private entrance. This additional unit provides excellent flexibility and significantly enhances the property’s rental income potential. All utilities - electricity, gas, and hot water - are separately metered, simplifying management and allowing tenants to cover their own utility costs. Additional features include extra storage and shared laundry access. Located just steps from public transportation, schools, and shopping, this property is perfectly situated in a high-demand rental market. Whether you're a first-time investor or looking to expand your portfolio, this opportunity offers solid income potential, low maintenance, and long-term value.

Listing Agent

Amin Beyah

BHHS Fox & Roach-Chestnut Hill Listed on: 04/17/2025

BHHS Fox & Roach-Chestnut Hill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,077

Year Built

  • Built in 1950

Lot Details

  • 3,053 Sq Ft Lot
  • Lot Dimensions are 31.00 x 100.00
  • Property is in very good condition

Parking

  • Driveway

Home Design

  • Duplex
  • Straight Thru Architecture
  • Flat Roof Shape
  • Stone Foundation
  • Masonry

Interior Spaces

  • 1,640 Sq Ft Home
  • Wood Flooring

Utilities

  • Hot Water Baseboard Heater
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 502310700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,077

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 4/17/2025 12:00:00 AM
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: Turnkey Multi-Family Investment Opportunity in Prime East Mount Airy Location! Don’t miss this rare chance to own a well-maintained, income-generating triplex in the heart of desirable East Mount Airy. This semi-detached property features two spacious two-bedroom, one-bath units, each offering large living and dining areas, updated eat-in kitchens, and modernized bathrooms. The generous layouts make each unit ideal for long-term tenants or an owner-occupant looking to offset their mortgage with rental income. In addition to the main units, the seller has added a fully finished one-bedroom, one-bath apartment with a private entrance. This additional unit provides excellent flexibility and significantly enhances the property’s rental income potential. All utilities - electricity, gas, and hot water - are separately metered, simplifying management and allowing tenants to cover their own utility costs. Additional features include extra storage and shared laundry access. Located just steps from public transportation, schools, and shopping, this property is perfectly situated in a high-demand rental market. Whether you're a first-time investor or looking to expand your portfolio, this opportunity offers solid income potential, low maintenance, and long-term value.
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Stone
  • Total Sq Ft: 1640
  • Living Area Sq Ft: 1640
  • Price Per Sq Ft: 213.41
  • Above Grade Finished Sq Ft: 1640
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1115

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: W30
  • Lot Size Acres: 0.07
  • Lot Dimensions: 31.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3053.00
  • Property Condition: Very Good
  • Year Assessed: 2025
  • Zoning: RSA5

Rental Info

  • Number Of Units Month To Month: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 2283.00
  • Tax Annual Amount: 4077.00
  • Assessor Parcel Number: 502310700
  • Tax Lot: 102
  • Tax Total Finished Sq Ft: 1640
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,647 $291,300 $58,260 $233,040
2024 $2,647 $291,300 $58,260 $233,040
2023 $2,647 $189,100 $37,820 $151,280
2022 $2,436 $189,100 $37,820 $151,280
2021 $2,436 $0 $0 $0
2020 $2,436 $0 $0 $0
2019 $2,403 $0 $0 $0
2018 $2,377 $0 $0 $0
2017 $2,377 $0 $0 $0
2016 $2,377 $0 $0 $0
2015 $2,275 $0 $0 $0
2014 -- $169,800 $34,674 $135,126
2012 -- $24,576 $5,052 $19,524
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Pending -- -- --
07/16/2025 07/16/25 Price Changed $350,000 -12.3% $213 / Sq Ft
05/16/2025 05/16/25 Price Changed $399,000 -1.5% $243 / Sq Ft
04/17/2025 04/17/25 For Sale $405,000 +153.1% $247 / Sq Ft
10/31/2017 10/31/17 Sold $160,000 +6.7% $98 / Sq Ft
10/15/2017 10/15/17 Price Changed $150,000 0.0% $91 / Sq Ft
08/30/2017 08/30/17 Price Changed $150,000 0.0% $91 / Sq Ft
06/30/2017 06/30/17 Price Changed $150,000 0.0% $91 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $150,000 0.0% $91 / Sq Ft
05/21/2014 05/21/14 Rented $850 0.0% --
05/20/2014 05/20/14 Under Contract -- -- --
05/09/2014 05/09/14 For Rent $850 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $160,000 Commerce Abstract Co Llc
Sheriffs Deed $105,000 None Available
Deed $127,500 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $157,102 FHA
Previous Owner $171,000 Commercial
Previous Owner $172,500 Commercial
Previous Owner $100,000 Commercial
Previous Owner $101,600 Commercial
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2468978

Bright MLS

APN: 502310700