129 South 48th Street

Philadelphia, PA 19139

$525,000
Price
5
Beds
3
Baths
2,375 Sq. Ft.
$221 / Sq. Ft.
2,375
Sq. Ft.
$221
per Sq. Ft.

Description

Opportunity knocks for House Hackers, Investors, Students and First Time Home Buyers - This well maintained legal duplex is situated right next to University City, blocks away from the UPenn bus stop, Market Street subway stop and has plentiful street parking. Each unit has its own front door accessible from the enclosed shared front porch.
UNIT 1 -The entire top floor with 1 bedroom, office/den area and a 3 piece bath. The open kitchen has lots of counter space and overlooks the living/dining area
...Opportunity knocks for House Hackers, Investors, Students and First Time Home Buyers - This well maintained legal duplex is situated right next to University City, blocks away from the UPenn bus stop, Market Street subway stop and has plentiful street parking. Each unit has its own front door accessible from the enclosed shared front porch.

UNIT 1 -The entire top floor with 1 bedroom, office/den area and a 3 piece bath. The open kitchen has lots of counter space and overlooks the living/dining area with tons of natural light pouring in. The bedroom has a built in storage and closet system that creates extra space for an office or workout area. Combo washer/dryer is conveniently located in unit and central air/heat is controlled by the hallway thermostat. (Current Rent: $1,190/month)

UNIT 2 - The entire first floor and finished lower level offers 4 bedrooms, 2 full bathrooms, laundry and a private outdoor deck. Enter through the front door into the living/dining area which leads into the large kitchen with stainless steel appliances and granite countertops. Behind the kitchen is the first bedroom with ensuite bathroom and access to the rear deck. Downstairs are 3 more bedrooms a full bathroom, laundry and extra storage space. (Current Rent: $2,260)

Schedule your showing today and start building equity in booming West Philly.

Listing Agent

  1. Eliza Michiels

    Eliza Michiels

    Listing Agent

    Compass

    eliza@compass.com

    P: 503.830.4128

Property Details for 129 South 48th Street

Tax ID Number
601083400
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Colonial
Waterfront
No
Garage
No
Expected On Market Date
03-08-2024
Subdivision
WEST PHILADELPHIA

Location

Add your commute
LISTING UPDATED: 04/22/2024 05:49 PM

Property Details for 129 South 48th Street

StatusActive
MLS #PAPH2328498
Days on Market51
Taxes$4,071 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1925
Lot Size0.03 AC / 1,152 SF
CountyPhiladelphia County

Location

Add your commute

Building Information for 129 South 48th Street

Stories-Residences2Year Built1925Building Size-Lot Size0.03 AC / 1,152 SF

Payment Calculator

$3,204 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,865

Property Taxes

$339

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 129 South 48th Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 802785881492
  • SchoolDistrictSource: Listing Agent
  • Elementary School: ALAIN LOCKE ELEMEMENTARY (PHILADELPHIA PA)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: ALAIN LOCKE ELEMEMENTARY (PHILADELPHIA PA)
  • MiddleSchoolSource: Listing Agent
  • High School: WEST PHILADELPHIA (PHILADELPHIA PA)
  • HighSchoolSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19139 (19139)
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
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $290,800
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $232,640
  • City Town Tax: $1,836
  • Land Assessed Value: $58,160
  • Clean Green Assessed: No
  • Land Use Code: U30
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RSA5
  • Zoning Dscrp: RSA5 with legal use as duplex
  • Tax Lot: 57
  • School Tax: $2,233
  • 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: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
  • Units Leased Count: 2
  • Number Of Units Vacant: 0
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Finished SQFT: 700
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Finished SQFT: 1800
  • Unit Type Lease Type: Yearly
  • Beds Total: 4
  • Full Baths Count: 2
Financial Information
Financial Information
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,375.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 16.00 x 72.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Corner
  • Parcel ID: 1323614
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Dishwasher, Dryer, Washer
  • 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: Forced Air
  • 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 129 South 48th 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 129 South 48th Street

Taxable ValueLand$58,160Additions$232,640Total$290,800
Tax Record2023$4,071 ($339 / month)
Home Facts
Total Finished SqFt1,600 SqFtAbove Grade Finished SqFt1,600 SqFtStories2Lot Size1,152 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningRSA5CountyPHILADELPHIAAPN60-1-0834-00

Schools near 129 South 48th 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 - 5 to 8
Rating
School
Distance
Locke Alain School
PublicK to 8

West Philadelphia High School
Public9 to 12

The Workshop School
Public9 to 12

Middle Years Alternative School
Public5 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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129 South 48th Street is a multi-family home for sale in Philadelphia, PA 19139. This property was listed for sale on March 8, 2024 by Compass, it's currently listed at $525,000. It has been on the market for a total of 51 days and was last sold on May 21, 2021. This listing's school district is Philadelphia City School District. Nearby schools include Locke Alain School, West Philadelphia High School and The Workshop School. 129 South 48th Street is a 5-bed, 3-bath, 2,375 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.

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.