1182 South 11th Street

Philadelphia, PA 19147

$965,000
Price
5
Beds
5
Baths
2,368 Sq. Ft.
$408 / Sq. Ft.
2,368
Sq. Ft.
$408
per Sq. Ft.

Description

Opportunity to purchase a real estate rental portfolio. Offering 9 units in the form of 3 triplexes, all in South Philadelphia on 11th Street. Total asking price is $2,595,000. Buildings have been owned for between 3 and 17 years with a 99% occupancy rate. All units are currently occupied. Although it is for three buildings, it is an all-or-nothing offer in which all three buildings must be purchased together. All three buildings are on 11th street in the Bella Vista area of South Philadelphia. Within...Opportunity to purchase a real estate rental portfolio. Offering 9 units in the form of 3 triplexes, all in South Philadelphia on 11th Street. Total asking price is $2,595,000. Buildings have been owned for between 3 and 17 years with a 99% occupancy rate. All units are currently occupied. Although it is for three buildings, it is an all-or-nothing offer in which all three buildings must be purchased together. All three buildings are on 11th street in the Bella Vista area of South Philadelphia. Within the nine units are: Seven 2-bedroom apartments, Two 1-bedroom apartments. Building 1 is 811 South 11th street. It consists of three 2-bedrooms apartments. Each unit has 1 full bathroom, outdoor space, and central air. Two of the units have in-unit washer-dryers and the third uses a coin operated unit in the basement. There are also storage cages for each unit in the basement. All units are separately metered. All units are currently occupied at the following rents: $2,000 / $1700 / $1,750 for a total rent roll of $5,450. Building 2 is 819 South 11th Street. It consists of two 2-bedroom units and one 1-bedroom unit. Each unit has one full bathroom and in-unit washer-dryers. The ground floor unit has a small yard. All units are separately metered. All units are currently occupied at the following rents: $1,650 / $1,400 / $1,450 for a total rent roll of $4,500. Building 3 is 1182 South 11th Street. It consists of two 2-bedroom units, each with two full baths and one 1-bedroom unit with one full bath. Each unit has in-unit washer-dryers and central air. The third-floor unit has an outdoor deck. All units are separately metered. All units are currently occupied at the following rents: $2,000 / $2,000 / $1,605 for a total rent roll of $5,605.
  1. Listed by Christopher J Carr • HomeZu by Simple Choice
    P: 8558854663 support@simplechoicerealty.com

Property Details for 1182 South 11th Street

Tax ID Number
871040900
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Other
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Central Air
No

Location

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LISTING UPDATED: 04/19/2024 02:07 PM

Property Details for 1182 South 11th Street

StatusActive
MLS #PAPH2345290
Days on Market14
Taxes$5,089 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.03 AC / 1,440 SF
CountyPhiladelphia County

Building

1182 S 11th St

Built in 1915

Location

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Building Information for 1182 South 11th Street

Stories-Residences-Year Built1915Building Size-Lot Size0.03 AC / 1,440 SF

Payment Calculator

$5,690 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,266

Property Taxes

$424

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1182 South 11th Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 802785881492
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19147 (19147)
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: $363,600
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $290,880
  • City Town Tax: $2,296
  • Land Assessed Value: $72,720
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: Y50
  • Refuse Fee: $500
  • Zoning: RSA5
  • Zoning Dscrp: PERMIT FOR MULTI-FAMILY HOUSEHOLD LIVING (THREE (3) DWELLING UNITS) IN AN EXISTING STRUCTURE
  • Tax Lot: 102
  • School Tax: $2,792
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 3
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 2
Unit 2
  • Type: Unit 2
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 2
Unit 3
  • Type: Unit 3
  • Beds Total: 1
  • Full Baths Count: 1
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 2,368.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 18.00 x 80.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 886141
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: None
  • Cooling Fuel: None
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS
  • List Agent URL: www.SimpleChoiceRealty.com

Property History for 1182 South 11th 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 1182 South 11th Street

Taxable ValueLand$72,720Additions$290,880Total$363,600
Tax Record2023$5,090 ($424 / month)
Home Facts
Total Finished SqFt2,368 SqFtAbove Grade Finished SqFt2,368 SqFtStories3Lot Size1,440 SqFtStyleOffice BuildingYear Built1915ZoningRSA5CountyPHILADELPHIAAPN87-1-0409-00

Schools near 1182 South 11th Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Fanny Jackson Coppin School
PublicPK to 8

Furness Horace High School
Public9 to 12

Academy At Palumbo
Public9 to 12

Creative And Performing Arts
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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1182 South 11th Street is a multi-family home for sale in Philadelphia, PA 19147. This property was listed for sale on April 19, 2024 by HomeZu by Simple Choice, it's currently listed at $965,000. It has been on the market for a total of 14 days and was last sold on October 29, 2021. This listing's school district is Philadelphia City School District. Nearby schools include Fanny Jackson Coppin School, Furness Horace High School and Academy At Palumbo. 1182 South 11th Street is a 5-bed, 5-bath, 2,368 sqft multi-family home built in 1915.

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 HomeZu by Simple Choice

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.