1430 McKean Street

Philadelphia, PA 19145

$890,000
Price
5
Beds
4
Baths
3,423 Sq. Ft.
$260 / Sq. Ft.
3,423
Sq. Ft.
$260
per Sq. Ft.

Description

A fantastic and rare opportunity in the Heart of South Philly! Commercial mixed-use property. You get two buildings in one! The building runs from W. Passyunk to McKean. Sts. On the 1431 W Passyunk St side, you get a commercial space that is currently a restaurant on the first floor with an apartment above. Then, go around the corner and you get three apartments on the 1430 McKean St side. All great tenants and would like to stay. All meters are separated except water. Busy commercial corridor with...A fantastic and rare opportunity in the Heart of South Philly! Commercial mixed-use property. You get two buildings in one! The building runs from W. Passyunk to McKean. Sts. On the 1431 W Passyunk St side, you get a commercial space that is currently a restaurant on the first floor with an apartment above. Then, go around the corner and you get three apartments on the 1430 McKean St side. All great tenants and would like to stay. All meters are separated except water. Busy commercial corridor with lots of bustling activities and businesses! Super convenient location, close to public transportation buses and trains, lots of restaurants, shops, cafes, etc. Both buildings are fully occupied so you can continue to collect rent! Nothing to do but collect passive income. Don't miss this wonderful opportunity!
  1. Listed by Sze Wai Kwong • Central Realty Group LLC
    P: 2155166038 kkwong.central@gmail.com

Property Details for 1430 McKean Street

Tax ID Number
481102000
Ownership
Fee Simple
Structure Type
Over Storefront
Style
Traditional
Waterfront
No
Garage
No
Subdivision
PHILADELPHIA (SOUTH)
Subdivision
PHILADELPHIA (SOUTH) (PHILADELPHIA PA)

Location

Listing Courtesy of Central Realty Group LLC
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LISTING UPDATED: 02/29/2024 12:00 PM

Property Details for 1430 McKean Street

StatusActive
MLS #PAPH2323340
Days on Market69
Taxes$7,320 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.03 AC / 1,516 SF
CountyPhiladelphia County

Location

Listing Courtesy of Central Realty Group LLC
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Building Information for 1430 McKean Street

Stories-Residences2Year Built1920Building Size-Lot Size0.03 AC / 1,516 SF

Payment Calculator

$5,467 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,857

Property Taxes

$610

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1430 McKean Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 802785881492
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19145 (19145)
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: $523,000
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $418,400
  • City Town Tax: $3,303
  • Land Assessed Value: $104,600
  • Clean Green Assessed: No
  • Land Use Code: U50
  • Zoning: CMX25
  • Tax Lot: 146
  • School Tax: $4,017
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Water
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Leased Count: 5
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Month to Month
  • Beds Total: 0
  • Full Baths Count: 1
  • Unit Type Features: Studio
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Month to Month
  • Beds Total: 1
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Lease Type: Long Term
  • Beds Total: 2
  • Full Baths Count: 1
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Level: 3
  • Unit Type Lease Type: Long Term
  • Beds Total: 2
  • Full Baths Count: 1
Financial Information
Financial Information
  • Annual Rental Income: $62,196
  • Income Includes: Apartment Rentals, Other
  • Existing Lease Type: Modified Gross, Month to Month, Long Term
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 3,423.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 15.00 x 101.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1222870
Parking
Parking
  • Type Of Parking: Off Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • 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 1430 McKean 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 1430 McKean Street

Taxable ValueLand$104,600Additions$418,400Total$523,000
Tax Record2023$7,321 ($610 / month)
Home Facts
Total Finished SqFt3,423 SqFtAbove Grade Finished SqFt3,423 SqFtStories3Lot Size1,516 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningCMX2.5CountyPHILADELPHIAAPN48-1-1020-00

Schools near 1430 McKean Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Girard Stephen School
PublicK to 4

Gamp
Public5 to 12

Creative And Performing Arts
Public9 to 12

Academy At Palumbo
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.

Similar Homes

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1430 McKean Street is a multi-family home for sale in Philadelphia, PA 19145. This property was listed for sale on February 19, 2024 by Central Realty Group LLC, it's currently listed at $890,000. It has been on the market for a total of 69 days and was last sold on April 8, 2005. This listing's school district is Philadelphia City School District. Nearby schools include Girard Stephen School, Gamp and Creative And Performing Arts. 1430 McKean Street is a 5-bed, 4-bath, 3,423 sqft multi-family home built in 1920.

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 Central Realty Group LLC

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.