1212 West Dauphin Street

Philadelphia, PA 19133

$533,000
Price
2
Beds
1
Bath
1,775 Sq. Ft.
$300 / Sq. Ft.
1,775
Sq. Ft.
$300
per Sq. Ft.

Description

Property Addresses included in portfolio : 2725 Glenwood Ave MLS# PAPH2285644 | 2530 Ridge Ave MLS# PAPH2285656 | 1913 N 23rd MLS# PAPH2285666 | 1941 N 23rd MLS# PAPH2285670 | 1210 W Dauphin MLS# PAPH2285626 | 1212 W Dauphin MLS# PAPH2285638 Total Asking Price For Portfolio: $3,200,000 Scan for photos on the Virtual Offering Memorandum. Here is a remarkable investment opportunity in the heart of Philadelphia – a portfolio of six triplex multi-family buildings, offering a total of 18 units, 19 bathrooms,...Property Addresses included in portfolio : 2725 Glenwood Ave MLS# PAPH2285644 | 2530 Ridge Ave MLS# PAPH2285656 | 1913 N 23rd MLS# PAPH2285666 | 1941 N 23rd MLS# PAPH2285670 | 1210 W Dauphin MLS# PAPH2285626 | 1212 W Dauphin MLS# PAPH2285638 Total Asking Price For Portfolio: $3,200,000 Scan for photos on the Virtual Offering Memorandum. Here is a remarkable investment opportunity in the heart of Philadelphia – a portfolio of six triplex multi-family buildings, offering a total of 18 units, 19 bathrooms, and 31 bedrooms. This is an exceptional chance for discerning investors seeking a strong return. All leases except for Glenwood units are through PHA making rent payments guaranteed. 2024 rents are poised to increase $1764 for 2 beds and $1476 for 1 beds. Advertised rents are for 2024 proforma, and current cap rate is 8%+ Key Features: This is a special delimiter sentence. This is a special delimiter sentence - Turnkey Recently Renovated Portfolio: These properties have been meticulously renovated, ensuring they are in superb condition and ready for occupancy or rental. - Rent Program Tenants: Enjoy the reliability of guaranteed rent from the city, providing a stable income stream. - Under Market Rents: There exists an opportunity to maximize your returns by adjusting rental rates to align with the current market conditions. - Proximity to Philadelphia Schools: These properties are conveniently located near Philadelphia schools, making them appealing to potential tenants with families. Location: Strategically positioned in Philadelphia, a city renowned for its vibrant culture and robust real estate market. With easy access to schools and essential amenities, this location is poised for growth and offers excellent rental potential. This outstanding investment opportunity is exclusively represented by MY Philly Cassell, your trusted partner in Philadelphia real estate. If you are considering expanding your investment portfolio or entering the dynamic Philadelphia real estate market, this is an opportunity you should explore. Seize this remarkable chance to acquire this portfolio of multi-family buildings. Contact us today to obtain more details and take the first step toward securing a prosperous investment in the City of Brotherly Love.
  1. Listed by Richard K Cassell • KW Empower
    P: 2156076007 rcassell@kw.com

Property Details for 1212 West Dauphin Street

Tax ID Number
371327700
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Traditional
Waterfront
No
Garage
No
Subdivision
BREWERYTOWN
Subdivision
BREWERYTOWN (PHILADELPHIA PA)

Location

Listing Courtesy of KW Empower
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LISTING UPDATED: 02/18/2024 03:38 PM

Property Details for 1212 West Dauphin Street

StatusActive
MLS #PAPH2285638
Days on Market186
Taxes$3,012 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1925
Lot Size0.02 AC / 945 SF
CountyPhiladelphia County

Location

Listing Courtesy of KW Empower
Add your commute

Building Information for 1212 West Dauphin Street

Stories-Residences1Year Built1925Building Size-Lot Size0.02 AC / 945 SF

Payment Calculator

$3,160 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,909

Property Taxes

$251

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1212 West Dauphin Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19133 (19133)
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: 2022
  • Tax Assessed Value: $215,200
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $172,160
  • City Town Tax: $1,359
  • Land Assessed Value: $43,040
  • Clean Green Assessed: No
  • Land Use Code: O50
  • Zoning: RM1
  • Tax Lot: 208
  • School Tax: $1,652
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Water
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
  • Units Leased Count: 3
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
Financial Information
Expenses
  • Operating Expense: $6,640
  • Operating Expense Includes: Insurance
Financial Information
  • Gross Income: $54,000
  • Net Operating Income: $47,360
  • Annual Rental Income: $54,000
  • Cap Rate: 8.80
  • Existing Lease Type: Gross
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: 1,775.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 15.00 x 63.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1127545
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: Central
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office

Property History for 1212 West Dauphin 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 1212 West Dauphin Street

Taxable ValueLand$43,040Additions$172,160Total$215,200
Tax Record2023$3,012 ($251 / month)
Home Facts
Beds0Total Finished SqFt1,775 SqFtAbove Grade Finished SqFt1,775 SqFtStories3Lot Size945 SqFtStyleCondominiumYear Built1925ZoningRM1CountyPHILADELPHIAAPN37-1-3277-00

Schools near 1212 West Dauphin Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Hartranft John F School
PublicK to 8

Kensington Culinary Arts
Public9 to 12

Kensington HS
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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Similar Homes

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Similar Sold Homes

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1212 West Dauphin Street is a multi-family home for sale in Philadelphia, PA 19133. This property was listed for sale on October 24, 2023 by KW Empower, it's currently listed at $533,000. It has been on the market for a total of 186 days and was last sold on June 13, 2022. This listing's school district is Philadelphia City School District. Nearby schools include Hartranft John F School, Kensington Culinary Arts and Kensington HS. 1212 West Dauphin Street is a 2-bed, 1-bath, 1,775 sqft multi-family home built in 1925.

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.