42 East Haines Street

Philadelphia, PA 19144

$415,000
Price
7
Beds
4
Baths
1,932 Sq. Ft.
$215 / Sq. Ft.
1,932
Sq. Ft.
$215
per Sq. Ft.

Description

Calling all first time homebuyers and investors! Come explore this perfect combination of family living and prime investment in historic Germantown! A fully renovated duplex- the first unit having 3 bedrooms, 2 full bathrooms and a huge private yard and the second unit having 4 bedrooms with 2 full bathrooms- awaits you right off of Germantown Ave! Nestled in a rare and expansive lot of approximately 3500 sq ft, this property offers ample space for its new owners as well as a great investment opportunity....Calling all first time homebuyers and investors! Come explore this perfect combination of family living and prime investment in historic Germantown! A fully renovated duplex- the first unit having 3 bedrooms, 2 full bathrooms and a huge private yard and the second unit having 4 bedrooms with 2 full bathrooms- awaits you right off of Germantown Ave! Nestled in a rare and expansive lot of approximately 3500 sq ft, this property offers ample space for its new owners as well as a great investment opportunity. And best of all, it offers ALL BRAND NEW mechanics- roof, HVAC systems, water heaters, electrical wiring and separate electric panels, plumbing, windows, appliances- all new updates to give you peace of mind and a lifetime of worry-free ownership! In addition to the new mechanics, as you step inside the property, you will discover a world of modern comfort and convenience. New vinyl flooring with a lifetime warranty from the manufacture offers both style and durability, while the addition of laundry facilities in each unit adds practicality to everyday life. The renovated kitchens boast sleek stainless steel appliances, while updated bathrooms feature modern hardware and fixtures, creating spaces that are as functional as they are stylish. A new roof, gutters, flashing, stucco, and windows not only enhance curb appeal but also promise durability and energy efficiency, making this home as resilient as it is beautiful. Both units are separately metered, offering convenience and easy management of utility costs. With certified appraisers projecting fair market rents at $1850 for Unit 1 and $1800 for Unit 2, this property can generate an estimated gross annual income of $43,800. Additionally, utilizing depreciation write-offs for 27.5 years provides a powerful tax strategy, ensuring unbeatable ROI regardless of market conditions. Beyond being a property, this duplex is a financial fortress and an ideal home for a buyer searching for passive income. Live in one unit and rent out the other to cover your mortgage and watch as your investment grows. This property sits across the street from a new apartment complex of 350 units in the works, signifying a neighborhood transformation of epic proportions! Enjoy easy access to Lincoln Drive, Chestnut Hill, and Center City within minutes, surrounded by a vibrant array of amenities including cafes, restaurants, bars, parks, and supermarkets that Germantown has to offer. Schedule your showing today!
  1. Listed by Caitlin Dailey • KW Empower
    P: 2674323723 caitdailey@kw.com

Property Details for 42 East Haines Street

Tax ID Number
591152900
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Straight Thru
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Central Air
Yes

Location

Listing Courtesy of KW Empower
Add your commute
LISTING UPDATED: 05/24/2024 11:54 AM

Property Details for 42 East Haines Street

StatusActive
MLS #PAPH2348174
Days on Market18
Taxes$1,257 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.08 AC / 3,335 SF
CountyPhiladelphia County

Location

Listing Courtesy of KW Empower
Add your commute

Building Information for 42 East Haines Street

Stories-Residences2Year Built1900Building Size-Lot Size0.08 AC / 3,335 SF

Payment Calculator

$2,370 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,265

Property Taxes

$105

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 42 East Haines Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 802785881492
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19144 (19144)
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: 2023
  • Tax Assessed Value: $89,800
  • Year Assessed: 2023
  • Improvement Assessed Value: $71,840
  • City Town Tax: $567
  • Land Assessed Value: $17,960
  • Clean Green Assessed: No
  • Land Use Code: O58
  • Zoning: RSA3
  • Tax Lot: 465
  • School Tax: $689
  • 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: 0
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2
Multi Family
Unit 1
  • Type: Unit 2
  • Beds Total: 4
  • Full Baths Count: 2
Unit 2
  • Type: Unit 1
  • Beds Total: 3
  • Full Baths Count: 2
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 1,932.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 18.00 x 184.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1318226
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: Hot Water
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 42 East Haines 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 42 East Haines Street

Taxable ValueLand$17,960Additions$71,840Total$89,800
Tax Record2023$1,257 ($105 / month)
Home Facts
Beds4Total Finished SqFt1,932 SqFtAbove Grade Finished SqFt1,932 SqFtStories3Lot Size3,335 SqFtStyleCondominiumYear Built1900ZoningRSA3CountyPHILADELPHIAAPN59-1-1529-00

Schools near 42 East Haines Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 8
Public - 9 to 12
Rating
School
Distance
Roosevelt Theodore Middle School
PublicK to 8

King Martin Luther High School
Public9 to 12

Fitler Academics Plus
PublicK to 8

Parkway Northwest
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.

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42 East Haines Street is a multi-family home for sale in Philadelphia, PA 19144. This property was listed for sale on May 16, 2024 by KW Empower, it's currently listed at $415,000. It has been on the market for a total of 18 days and was last sold on November 29, 2023. This listing's school district is Philadelphia City School District. Nearby schools include Roosevelt Theodore Middle School, King Martin Luther High School and Fitler Academics Plus. 42 East Haines Street is a 7-bed, 4-bath, 1,932 sqft multi-family home built in 1900.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Empower

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.