1940 North 32nd Street

Philadelphia, PA 19121

$249,000
Price
Beds
1,852 Sq. Ft.
$134 / Sq. Ft.
1,852
Sq. Ft.
$134
per Sq. Ft.

Description

Investor alert Welcome to a prime investment prospect in Strawberry Mansion, where this property awaits savvy investors. Currently setup as a 3-family featuring a studio and two 2-bedroom units, each separately metered, this property offers immediate rental income in an up-and-coming neighborhood. With a vacant lot on one side and a brand new construction duplex next door, seize the chance to capitalize on growth and potential to gross $3,400/mo in rental income once units are updated and brought...Investor alert Welcome to a prime investment prospect in Strawberry Mansion, where this property awaits savvy investors. Currently setup as a 3-family featuring a studio and two 2-bedroom units, each separately metered, this property offers immediate rental income in an up-and-coming neighborhood. With a vacant lot on one side and a brand new construction duplex next door, seize the chance to capitalize on growth and potential to gross $3,400/mo in rental income once units are updated and brought up to market rents. Property will require zoning variance for multifamily use, seller willing to provide concession. Sold as-is with tenants in place. Appointment and 48 hr notice required for showings. Don't wait—schedule your viewing today!
  1. Listed by Tanner Kirkpatrick • Lime House
    P: 7177139879 tannerk@limehouserealty.com

Property Details for 1940 North 32nd Street

Tax ID Number
323323900
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Other
Waterfront
No
Garage
No
Subdivision
STRAWBERRY MANSION
Subdivision
STRAWBERRY MANSION (PHILADELPHIA PA)

Location

Listing Courtesy of Lime House
Add your commute
LISTING UPDATED: 04/02/2024 12:46 PM

Property Details for 1940 North 32nd Street

StatusActive
MLS #PAPH2331788
Days on Market46
Taxes$3,874 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.03 AC / 1,152 SF
CountyPhiladelphia County

Location

Listing Courtesy of Lime House
Add your commute

Building Information for 1940 North 32nd Street

Stories-Residences3Year Built1915Building Size-Lot Size0.03 AC / 1,152 SF

Payment Calculator

$1,682 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,359

Property Taxes

$323

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1940 North 32nd Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 802785881492
  • 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: 2022
  • Tax Assessed Value: $276,800
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $221,500
  • City Town Tax: $1,748
  • Land Assessed Value: $55,300
  • Clean Green Assessed: No
  • Land Use Code: U50
  • Zoning: RSA5
  • Zoning Dscrp: currently setup as a 3-unit, separately metered, requires zoning variance to operate as legal triplex
  • Tax Lot: 168
  • School Tax: $2,126
  • 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
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 1
Financial Information
Financial Information
  • Annual Rental Income: $1,900
  • Existing Lease Type: Month to Month, Yearly
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 1,852.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 16.00 x 72.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1077921
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: Other
  • Cooling Fuel: Other
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: 60+ Gallon Tank
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: REALTORS Association of York & Adams Counties (PA)

Property History for 1940 North 32nd 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 1940 North 32nd Street

Taxable ValueLand$55,300Additions$221,500Total$276,800
Tax Record2023$3,875 ($323 / month)
Home Facts
Total Finished SqFt1,852 SqFtAbove Grade Finished SqFt1,852 SqFtStories3Lot Size1,152 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningRSA5CountyPHILADELPHIAAPN32-3-3239-00

Schools near 1940 North 32nd Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - 9 to 12
Rating
School
Distance
Blaine James G School
PublicPK to 8

Dobbins Avt High School
Public9 to 12

Rhodes E Washington School
PublicK to 8

School Of The Future
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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Similar Sold Homes

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1940 North 32nd Street is a multi-family home for sale in Philadelphia, PA 19121. This property was listed for sale on March 15, 2024 by Lime House, it's currently listed at $249,000. It has been on the market for a total of 46 days and was last sold on May 25, 2018. This listing's school district is Philadelphia City School District. Nearby schools include Blaine James G School, Dobbins Avt High School and Rhodes E Washington School. 1940 North 32nd Street is a 0-bed, 0-bath, 1,852 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 Lime House

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.