2646-48 Manton Street

Philadelphia, PA 19146

$900,000
Price
7
Beds
4
Baths
3,086 Sq. Ft.
$292 / Sq. Ft.
3,086
Sq. Ft.
$292
per Sq. Ft.

Description

Situated in the burgeoning neighborhood that borders Graduate Hospital and Point Breeze, 2646-48 Manton St offers a fantastic investment opportunity. This triplex comprises three fully occupied residential condominium units, consisting of (2) two-bedroom units and (1) three-bedroom unit. Each unit boasts contemporary finishes, in-unit washer and dryers, central air conditioning, and generous ceiling heights. The property presents the option for a new owner to sell off individual condo units if desired....Situated in the burgeoning neighborhood that borders Graduate Hospital and Point Breeze, 2646-48 Manton St offers a fantastic investment opportunity. This triplex comprises three fully occupied residential condominium units, consisting of (2) two-bedroom units and (1) three-bedroom unit. Each unit boasts contemporary finishes, in-unit washer and dryers, central air conditioning, and generous ceiling heights. The property presents the option for a new owner to sell off individual condo units if desired. Conveniently located within walking distance of a neighborhood shopping plaza anchored by The Fresh Grocer, as well as a diverse selection of restaurants and shops along the Grays Ferry Avenue and Washington Avenue commercial corridors, residents have access to a plethora of amenities. Easy commuting is facilitated by the nearby Schuylkill Expressway (Interstate 76), providing swift access to University City and Center City. Furthermore, residents enjoy close proximity to Pennovation Works, the University of Pennsylvania's expansive 23-acre innovation hub. Additionally, the property includes basement storage units in 2648 (available for tenants in units #2 and #3) and a 650± SF roof deck for Unit #3. With a current monthly rental income of $6,190 and a 6.5% pro forma cap rate, this property represents an enticing investment opportunity in the heart of Grays Ferry.
  1. Listed by Christopher D Schepis • TCS Management, LLC
    P: 2158479101 chris@tcsmgt.com

Property Details for 2646-48 Manton Street

Tax ID Number
888360228
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Traditional
Waterfront
No
Garage
No
Expected On Market Date
03-20-2024
Subdivision
GRAYS FERRY

Location

Listing Courtesy of TCS Management, LLC
Add your commute
LISTING UPDATED: 04/17/2024 12:11 PM

Property Details for 2646-48 Manton Street

StatusActive
MLS #PAPH2331542
Days on Market44
Taxes$326 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built2020
Lot Size0.02 AC / 733 SF
CountyPhiladelphia County

Location

Listing Courtesy of TCS Management, LLC
Add your commute

Building Information for 2646-48 Manton Street

Stories-Residences3Year Built2020Building Size-Lot Size0.02 AC / 733 SF

Payment Calculator

$4,939 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,912

Property Taxes

$27

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2646-48 Manton Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19146 (19146)
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: 2020
  • Tax Assessed Value: $23,300
  • Year Assessed: 2020
  • County Tax: $0
  • Improvement Assessed Value: $0
  • City Town Tax: $147
  • Land Assessed Value: $23,300
  • Clean Green Assessed: No
  • Land Use Code: SR
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RM1
  • Tax Lot: 169
  • School Tax: $179
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2,Unit 3
  • Number Of Units Vacant: 0
  • Vacancy Allowance Rate: 8.00%
  • Number Of Units Month To Month: 0
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Level: 1
  • Unit Type Finished SQFT: 1401
  • Beds Total: 3
  • Full Baths Count: 2
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: No
  • Level: 2
  • Unit Type Finished SQFT: 830
  • Beds Total: 2
  • Half Baths Count: 1
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: No
  • Level: 3
  • Unit Type Finished SQFT: 855
  • Beds Total: 2
  • Half Baths Count: 1
  • Full Baths Count: 1
Financial Information
Financial Information
  • Annual Rental Income: $70,566
  • Cap Rate: 6.50
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 3,086.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 25222574
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Stove, Refrigerator, Microwave
  • Accessibility Features: None
  • Window Features: Double Pane
Exterior Features
Exterior Features
  • Spa: No
  • 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
  • Electric Service: 100 Amp Service
Confidential Data
Listing Office
  • List Agent AOR: None chosen (Non-REALTOR/Stockholder)

Property History for 2646-48 Manton Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2646-48 Manton Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 5 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Universal Alcorn Charter School
CharterK to 8

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.

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2646-48 Manton Street is a multi-family home for sale in Philadelphia, PA 19146. This property was listed for sale on March 20, 2024 by TCS Management, LLC, it's currently listed at $900,000. This listing's school district is Philadelphia City School District. Nearby schools include Universal Alcorn Charter School, Gamp and Creative And Performing Arts. 2646-48 Manton Street is a 7-bed, 4-bath, 3,086 sqft multi-family home built in 2020.

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 TCS Management, 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.