2516 Alter Street

Philadelphia, PA 19146

$612,500
Last Sold Price
5
Beds
5
Baths
2,500 Sq. Ft.
$245 / Sq. Ft.
2,500
Sq. Ft.
$245
per Sq. Ft.

Description

Welcome to this stunning duplex constructed in 2022. Situated in a prime location, this property offers two distinct units, each designed to cater to your lifestyle needs. Unit 1 welcomes you with 2 bedrooms and 1.5 bathrooms, creating a cozy yet spacious atmosphere. Enjoy the convenience of a private yard directly off the kitchen, perfect for morning coffees or evening gatherings with loved ones. With sleek finishes and thoughtful design, this unit is an ideal blend of comfort and style. Unit 2...Welcome to this stunning duplex constructed in 2022. Situated in a prime location, this property offers two distinct units, each designed to cater to your lifestyle needs. Unit 1 welcomes you with 2 bedrooms and 1.5 bathrooms, creating a cozy yet spacious atmosphere. Enjoy the convenience of a private yard directly off the kitchen, perfect for morning coffees or evening gatherings with loved ones. With sleek finishes and thoughtful design, this unit is an ideal blend of comfort and style. Unit 2 presents a luxurious retreat with 3 bedrooms and 3.5 bathrooms, offering ample space for relaxation and entertainment. Step into the primary suite and discover a private balcony, where you can unwind and soak in the surrounding views. Ascend to the private roof deck, providing a serene escape for enjoying breathtaking sunsets or hosting memorable gatherings under the open sky. Unit 1 is currently vacant (previously rented for $1,675), Unit 2 is tenant occupied (rented at $2,650). 10 year tax abatement is pending and located in an opportunity zone. Perfect opportunity for an investment or owner-occupied property with rental income from the 2nd unit! Schedule a showing of this exceptional property today!

Listing Agent

  1. Mia Palatano

    Mia Palatano

    Listing Agent

    Compass

    mia.palatano@compass.com

    P: (484)-929-3585

Property Details for 2516 Alter Street

Tax ID Number
361231300
Ownership
Fee Simple
Structure Type
Detached
Style
Other
Waterfront
No
Garage
No
Expected On Market Date
05-04-2024
Municipality
PHILADELPHIA
LISTING UPDATED: 09/25/2024 12:01 AM

Property Details for 2516 Alter Street

StatusClosed
MLS #PAPH2350212
Days on Market74
Taxes$1,805 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built2023
Lot Size0.01 AC / 630 SF
CountyPhiladelphia County
Buyer's Agent Compensation2%

Building Information for 2516 Alter Street

Stories-Residences2Year Built2023Building Size-Lot Size0.01 AC / 630 SF

Property Information for 2516 Alter Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19146 (19146)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $500,000
  • Year Assessed: 2023
  • Improvement Assessed Value: $400,000
  • Land Assessed Value: $100,000
  • Clean Green Assessed: No
  • Land Use Code: SR
  • Zoning: RM1
  • Tax Lot: 215
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2
  • Units Leased Count: 1
  • Number Of Units Vacant: 1
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Beds Total: 2
  • Half Baths Count: 1
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Beds Total: 3
  • Half Baths Count: 1
  • Full Baths Count: 3
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,500.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 14.00 x 45.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1112947
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 2516 Alter Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2516 Alter Street

Taxable ValueLand$100,000Additions$400,000Total$500,000
Tax Record2023$6,999 ($583 / month)
Home Facts
Beds0Lot Size630 SqFtStyleResidentialZoningRM1CountyPHILADELPHIAAPN36-1-2313-00

Schools near 2516 Alter Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 9 to 12
Public - 5 to 12
Public - 9 to 12
Rating
School
Distance
Universal Alcorn Charter School
CharterK to 8

Creative And Performing Arts
Public9 to 12

Gamp
Public5 to 12

Academy At Palumbo
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.