1813 W Thompson St

Philadelphia, PA 19121

$340,000
Last Sold Price
—
Beds
—
Baths
2,716 Sq. Ft.
— / Sq. Ft.
2,716
Sq. Ft.
—
per Sq. Ft.
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Closed 6/27/19
Closed 6/27/19

Description

Opportunity Zone redevelopment package! Real estate investments made by individuals through special funds in these new zones can defer or eliminate federal taxes on capital gains. One hundred billion dollars in capital are expected to spur development in these zones. This location is growing fast, surrounded by new construction in every direction. Sale includes the following: a rare value-add 3-unit (triplex) building at 1813 Thompson with current rents of 900, 800, 850 (2550 total monthly income)....Opportunity Zone redevelopment package! Real estate investments made by individuals through special funds in these new zones can defer or eliminate federal taxes on capital gains. One hundred billion dollars in capital are expected to spur development in these zones. This location is growing fast, surrounded by new construction in every direction. Sale includes the following: a rare value-add 3-unit (triplex) building at 1813 Thompson with current rents of 900, 800, 850 (2550 total monthly income). Market rents after renovation should be around 1200/unit or 3600/total monthly income. One unit per floor, and 1st floor unit has access to basement which can accommodate more finished living space/bedrooms for future rental income after renovation. Sale also includes a buildable lot on Seybert St in rear of triplex currently being subdivided for new development. Future lot size of 17x40 lot can easily accommodate a 3bd x 2ba single family new construction property which will sell for in the 425k range. Walk to Ridge Ave Francisville, North Broad, Temple U, Septa Subway station + more. Site subdivision available upon request.
  1. Listed by Ryan J McManus • Compass Pennsylvania, LLC
    P: (267)-838-5265 ryan@agentphl.com

Property Details for 1813 West Thompson Street

Tax ID Number
471075300
Ownership
Fee Simple
HOA
No
Structure Type
Interior Row/Townhouse
Style
Traditional
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
LISTING UPDATED: 05/06/2022 04:03 PM

Property Details for 1813 West Thompson Street

StatusClosed
MLS #PAPH789914
Days on Market16
Taxes$3,144 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.04 AC
CountyPhiladelphia County
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Location

Listing Courtesy of Compass Pennsylvania, LLC

Sold By Keller Williams Philadelphia

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Building Information for 1813 West Thompson Street

Building Size-Lot Size0.04 AC

Payment Calculator

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$1,919 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,657

Property Taxes

$262

HOA Dues

$0

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Property Information for 1813 West Thompson Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19121 (19121)
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: 2019
  • Tax Assessed Value: $224,600
  • Year Assessed: 2019
  • County Tax: $0
  • Improvement Assessed Value: $157,220
  • City Town Tax: $1,419
  • Land Assessed Value: $67,380
  • Clean Green Assessed: No
  • Land Use Code: U50
  • Zoning: RM1
  • Tax Lot: 159
  • School Tax: $1,725
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 3
  • Three Bedroom Units Count: 0
  • Units Leased Count: 3
  • Rent Control: No
Financial Information
Financial Information
  • Net Operating Income: $25,500
  • Annual Rental Income: $30,000
  • Cap Rate: 6.40
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 2,716.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 17.00 x 100.00
  • Parcel ID: 1220273
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplaces Count: 0
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 1813 West Thompson Street

DateEvent & SourcePriceAppreciation
Jun 27, 2019

Closed (Public Record)

Public Record #649849952

$340,000

+17.4% / yr

Jun 27, 2019

Closed

BRIGHT #PAPH789914

$340,000—
May 13, 2019

Pending

BRIGHT #PAPH789914

—
Apr 27, 2019

Listed (Active)

BRIGHT #PAPH789914

$400,000—
Dec 20, 2013

Closed (Public Record)

Public Record #390143934

$140,000

+12.6% / yr

Apr 13, 2009

Closed

BRIGHT #1005973606

$80,000—
Apr 7, 2009

Closed (Public Record)

Public Record #271430667

$80,000—
Mar 17, 2009

Pending

BRIGHT #1005973606

—
Nov 17, 2008

Listed (Active)

BRIGHT #1005973606

$119,000—
Oct 31, 2008

Expired

BRIGHT #1000838361

$119,000—
Jul 31, 2008

Listed (Active)

BRIGHT #1000838361

$150,000—
Mar 16, 1993

Closed

GEMLS #208639

$52,500—
Mar 3, 1993

Pending

GEMLS #208639

—
Oct 30, 1992

Listed (Active)

GEMLS #208639

$58,900—
DateEvent & SourcePrice
06/27/2019

Closed (Public Record)

Public Record #649849952

$340,000

+17.4% / yr

06/27/2019

Closed

BRIGHT #PAPH789914

$340,000
05/13/2019

Pending

BRIGHT #PAPH789914

—
04/27/2019

Listed (Active)

BRIGHT #PAPH789914

$400,000
12/20/2013

Closed (Public Record)

Public Record #390143934

$140,000

+12.6% / yr

04/13/2009

Closed

BRIGHT #1005973606

$80,000
04/07/2009

Closed (Public Record)

Public Record #271430667

$80,000
03/17/2009

Pending

BRIGHT #1005973606

—
11/17/2008

Listed (Active)

BRIGHT #1005973606

$119,000
10/31/2008

Expired

BRIGHT #1000838361

$119,000
07/31/2008

Listed (Active)

BRIGHT #1000838361

$150,000
03/16/1993

Closed

GEMLS #208639

$52,500
03/03/1993

Pending

GEMLS #208639

—
10/30/1992

Listed (Active)

GEMLS #208639

$58,900

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

Public Records for 1813 West Thompson Street

Taxable ValueLand-Additions-Total-
Tax Record2025$3,469 ($289 / month)
Home Facts
Total Finished SqFt2,716 SqFtAbove Grade Finished SqFt2,716 SqFtStories3Lot Size1,700 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningRSA5CountyPHILADELPHIAAPN47-1-0753-00

Schools near 1813 West Thompson Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Meade Gen George C School
Public - PK to 8
Vaux HS: A Big Picture School
Public - 9 to 12
Widener Memorial School
Public - K to 12
Middle Years Alternative School
Public - 6 to 8
Rating
School
Distance
Meade Gen George C School
PublicPK to 8

Vaux HS: A Big Picture School
Public9 to 12

Widener Memorial School
PublicK to 12

Middle Years Alternative School
Public6 to 8

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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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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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.

Listing Courtesy of Compass Pennsylvania, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association 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, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association 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.