405-407 South 42nd Street

Philadelphia, PA 19104

$2,325,000
Price
Beds
9,600 Sq. Ft.
$242 / Sq. Ft.
9,600
Sq. Ft.
$242
per Sq. Ft.

Description

The Pinewood, a rare 14-unit property in one of Philly~s most desirable neighborhoods. Significant character, hardwood floors throughout. Ten 1 bedrooms, Two 2 bedrooms, and Two studios. Several units with outdoor space. Sought-after units with excellent closet space. The current owner has always rented this building quickly and has not regularly raised rents. Generate higher rents as-is or make improvements for much higher rents. 62.5~ x. 159~ lot size and 9,800 finished, above-grade square feet....

Property Details for 405-407 South 42nd Street

Subdivision
UNIVERSITY CITY
Municipality
PHILADELPHIA
Ownership
Fee Simple
Building Name
NONE AVAILABLE (PHILADELPHIA PA)
Style
Other
Structure Type
Detached
Basement
Yes

Location

Property Details for 405-407 South 42nd Street

StatusExpired
MLS #PAPH693280
Days on Market36
Taxes$22,778 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.23 AC / 9,938 SF
CountyPhiladelphia County

Listing Agent

Contact Agent(s)

Location

Listing Agent

  1. Jeff City Block

    Jeff City Block

    Listing Agent

    Compass

    jeff.block@compass.com

    P: 215.833.7088

Building Information for 405-407 South 42nd Street

Stories-Residences2Year Built1920Building Size-Lot Size0.23 AC / 9,938 SF

Payment Calculator

$9,690 per month

30 year fixed, 2.95% Interest

Principal and Interest

$7,792

Property Taxes

$1,898

HOA Dues

$0

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Property Information for 405-407 South 42nd Street

Location Info
    School Info
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • Elementary School: PENN ALEXANDER SCHOOL (PHILADELPHIA PA)
  • Middle Or Junior School: PENN ALEXANDER SCHOOL (PHILADELPHIA PA)
    Location Info
  • MLS Area: 19104 (19104)
  • Subdivision Addtl: UNIVERSITY CITY (PHILADELPHIA PA)
  • Tidal Water: No
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Waterfront: No
Association / Community Info
    Association / Community Info
  • HOA: No
Taxes and Assessment Info
    Tax Info
  • Tax Annual Amount: $22,778
  • Tax Year: 2019
  • County Tax: $0
  • Clean Green Assessed: No
  • Zoning: RTA1
  • Tax Lot: 34
  • Tax ID Number: 881610500 & 881610600
    Assessment Info
  • Tax Assessed Value: $1,627,200
  • Year Assessed: 2019
Financial Info
    Expenses
  • Operating Expense: $56,411
  • Operating Expense Includes: Insurance
    Utilities
  • Cooling Fuel: None
  • Electric Avg Month: $100
  • Electric Prev 12 Months: $1,200
  • Gas Avg Month: $583
  • Gas Prev 12 Months: $7,000
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Avg Month: $417
  • Water Prev 12 Months: $5,000
  • Sewer Septic: Public Sewer
  • Water Source: Public
    Financial Info
  • Gross Income: $186,680
Building Info
    SQFT
  • Above Grade Finished SQFT: 9600
  • Below Grade Finished SQFT: 0
  • Below Grade Unfinished SQFT: 0
  • Total Finished SQFT: 9600
  • Tax Total Finished SQFT: 0
    Structure
  • Basement Type: Full
  • Building Units Total: 2
  • Other Structures: Above Grade, Below Grade
  • Accessibility Features: None
  • Construction Materials: Masonry
  • New Construction: No
  • Year Major Reno Remodel: 1995
    Unit Info
  • Single Room Units Count: 2
  • One Bedroom Units Count: 10
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
Lot Info
    Lot Info
  • Property Type: Multi-Family
  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 62.5 x 159
  • Lot Size Source: Assessor
  • Lot SQFT: 9938
  • Lot Size Acres: .23
  • Navigable Water: No
  • Age: 1920
Parking
    Parking
  • Garage: No
  • Type Of Parking: On Street
Interior Features
    Interior Features
  • Fireplaces Count: 0
  • Flooring Type: Hardwood
  • Central Air: No
  • Cooling Type: None
  • Heating: Yes
  • Heating Type: Radiator
Exterior Features
    Exterior Features
  • Pool: No Pool

Property History for 405-407 S 42nd St

DateEvent & SourcePriceAppreciation
Sep 5, 2019

Expired

BRIGHT #PAPH693280

$2,325,000
Apr 11, 2019

Withdrawn

BRIGHT #PAPH693280

$2,325,000
Feb 6, 2019

Listed (Active)

BRIGHT #PAPH693280

$2,325,000
DateEvent & SourcePrice
09/05/2019

Expired

BRIGHT #PAPH693280

$2,325,000
04/11/2019

Withdrawn

BRIGHT #PAPH693280

$2,325,000
02/06/2019

Listed (Active)

BRIGHT #PAPH693280

$2,325,000

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

Schools near 405-407 South 42nd Street


SchoolTypeGradesDistanceRating
Spruce Hill Christian SchoolPrivateK-80.0 mi
NR
Jubilee SchoolPrivatePK-60.1 mi
NR
Penn Alexander SchoolPublicK-80.2 mi
9
Hms School For Children With Cerebral PalsyPrivate0.3 mi
NR

Spruce Hill Christian School

K-8, 0.0 mi, Private

NR

Jubilee School

PK-6, 0.1 mi, Private

NR

Penn Alexander School

K-8, 0.2 mi, Public

9

Hms School For Children With Cerebral Palsy

0.3 mi, Private

NR

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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