222 East Price Street

Philadelphia, PA 19144

$380,000
Price
8
Beds
5
Baths
3,734 Sq. Ft.
$102 / Sq. Ft.
3,734
Sq. Ft.
$102
per Sq. Ft.

Description

Welcome to this amazing 4-unit / quadruplex located on a quiet block in the desirable neighborhood of Germantown! This property is situated on a spacious double lot , adding even more value and potential for future development. Enjoy a 1 bed/1 bath unit , Two other units with 2 beds/1 baths and a 3 bed bi-level unit with 2 baths. Each unit boasts its own hot water tank, electrical panel, and heater, ensuring a comfortable living experience for all tenant. The parcel includes a driveway with 2-car...Welcome to this amazing 4-unit / quadruplex located on a quiet block in the desirable neighborhood of Germantown! This property is situated on a spacious double lot , adding even more value and potential for future development. Enjoy a 1 bed/1 bath unit , Two other units with 2 beds/1 baths and a 3 bed bi-level unit with 2 baths. Each unit boasts its own hot water tank, electrical panel, and heater, ensuring a comfortable living experience for all tenant. The parcel includes a driveway with 2-car parking and a garage, as well as a clean and dry basement for additional storage or added laundry income. The property is being sold as a Short Sale and final offer to be negotiated with the lien holder. Please allow 90-180 days settlement time on all submitted offers. Being sold in AS-IS condition, buyer is repsonsible for city cert and all requirement to obtain as well as lot size and usage .
  1. Listed by Lisa Y Risco • Realty Mark Associates
    P: 2157688065 lisa.risco@gmail.com
  2. Listed by Cheryl Newton • Realty Mark Associates
    P: 2676270449 cnewton2287@gmail.com

Property Details for 222 East Price Street

Tax ID Number
591057500
Ownership
Fee Simple
Structure Type
Detached
Style
Colonial
Waterfront
No
Views
Street
Garage
Yes
Subdivision
GERMANTOWN

Location

Listing Courtesy of Realty Mark Associates
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LISTING UPDATED: 04/27/2024 07:54 AM

Property Details for 222 East Price Street

StatusActive Under Contract
MLS #PAPH2338350
Days on Market25
Taxes$3,482 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1950
Lot Size0.14 AC / 6,262 SF
CountyPhiladelphia County

Location

Listing Courtesy of Realty Mark Associates
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Building Information for 222 East Price Street

Stories-Residences4Year Built1950Building Size-Lot Size0.14 AC / 6,262 SF

Payment Calculator

$2,364 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,074

Property Taxes

$290

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 222 East Price Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 802785881492
  • SchoolDistrictSource: 3rd Party
  • County: PHILADELPHIA
  • MLS Area: 19144 (19144)
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: 2023
  • Tax Assessed Value: $248,800
  • Year Assessed: 2023
  • Improvement Assessed Value: $199,100
  • City Town Tax: $1,571
  • Land Assessed Value: $49,700
  • Clean Green Assessed: No
  • Land Use Code: G48
  • Refuse Fee: $500
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RSA3
  • Tax Lot: 153
  • School Tax: $1,911
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Owner Pays: Insurance, Taxes - Real Estate, Trash Collection
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Furnished: None
  • Units Leased Count: 3
  • Number Of Units Vacant: 1
  • Vacancy Allowance Rate: 5.00%
  • Number Of Units Month To Month: 3
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Month to Month
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Total Rooms: 3
Unit 2
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Lease Type: Month to Month
  • Beds Total: 3
  • Full Baths Count: 2
  • Unit Type Features: 2nd Floor Front is a bi-level unit with 3 beds and 2 bath.
  • Total Rooms: 6
Unit 3
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: None
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Features: 1st Floor Rear: 2 bedroom with living room and bath.
  • Total Rooms: 4
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Features: 2nd Floor Rear
  • Total Rooms: 4
Financial Information
Expenses
  • Operating Expense: $6,082
  • Operating Expense Includes: Insurance, Trash
  • Insurance Expense: $2,100
  • Trash Expense: $500
Financial Information
  • Gross Income: $45,600
  • Gross Scheduled Income: $49,200
  • Net Operating Income: $39,518
  • Annual Rental Income: $45,600
  • Income Includes: Apartment Rentals
  • Cap Rate: 10.30
  • Existing Lease Type: Month to Month, Net
Building Info
Building Info
  • Year Major Reno Remodel: 2020
  • Building Level Count: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 50.00 x 125.00
  • Lot Dimensions Source: Estimated
  • Location Type: Urban
  • Parcel ID: 1317408
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Driveway, Attached Garage
  • Num of Attached Garage Spaces: 1
  • Driveway - # of Spaces: 2
  • Total Garage Spaces: 1
  • Parking Features: Private
  • Garage Features: Additional Storage Area
Interior Features
Interior Features
  • Interior Features: Combination Kitchen/Dining, Kitchen - Eat-In, Floor Plan - Traditional, Tub Shower, Upgraded Countertops, Window Treatments, Wood Floors
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Sidewalks
  • Outdoor Living Structures: Porch(es)
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating Fuel: Electric, Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS
  • List Agent URL: www.riscosells.com

Property History for 222 East Price 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 222 East Price Street

Taxable ValueLand$49,700Additions$199,100Total$248,800
Tax Record2023$3,483 ($290 / month)
Home Facts
Total Finished SqFt3,734 SqFtAbove Grade Finished SqFt3,734 SqFtStories3Lot Size6,262 SqFtStyleMulti-Family Res (5+ Units)Year Built1950ZoningRSA3CountyPHILADELPHIAAPN59-1-0575-00

Schools near 222 East Price Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 8
Public - 9 to 12
Rating
School
Distance
Roosevelt Theodore Middle School
PublicK to 8

King Martin Luther High School
Public9 to 12

Fitler Academics Plus
PublicK to 8

Central High School
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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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 Realty Mark Associates

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.