435 South 51st Street
435 South 51st Street
$450,000
6
4
3,180
3,180
$142
Closed 4/4/22
Description
Parkview! Amazing 4 unit twin facing the park is the perfect addition to your rental portfolio! The ROI is great as-is, but there is even more upside potential with smart building improvements and as the neighborhood continues to grow. 1st fl front unit is a 1 bedroom bi-level, recently updated, with lower level areas. 1R is also a 1 bedroom unit, recently updated, with direct access to the yard space. Unit 2 is a full floor, railroad style, 2 bedroom unit with great light and park views out of the...Parkview! Amazing 4 unit twin facing the park is the perfect addition to your rental portfolio! The ROI is great as-is, but there is even more upside potential with smart building improvements and as the neighborhood continues to grow. 1st fl front unit is a 1 bedroom bi-level, recently updated, with lower level areas. 1R is also a 1 bedroom unit, recently updated, with direct access to the yard space. Unit 2 is a full floor, railroad style, 2 bedroom unit with great light and park views out of the front windows. Top floor unit is a large 2 bedroom space with a great long term tenant. All utilities are fully separated and separately metered. The building operates at a fantastic cap rate of over 7, even when factoring in all operating expenses. Great location close to Baltimore ave, public transportation options, area Universities. It just makes sense. Buy today, collect rents tomorrow, congratulate yourself on a wise investment every day after.
Property Details for 435 South 51st Street
Tax ID Number
602164800
OwnershipFee Simple
Structure TypeTwin/Semi-Detached
StyleStraight Thru
WaterfrontNo
GarageNo
SubdivisionUNIVERSITY CITY
SubdivisionUNIVERSITY CITY (PHILADELPHIA PA)
Location
LISTING UPDATED: 09/05/2022 12:29 AM
Property Details for 435 South 51st Street
Status | Closed |
---|---|
MLS # | PAPH2057546 |
Days on Market | 16 |
Taxes | $4,132 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1925 |
Lot Size | 0.05 AC / 2,000 SF |
County | Philadelphia County |
Location
Building Information for 435 South 51st Street
Stories-Residences4Year Built1925Building Size-Lot Size0.05 AC / 2,000 SF
Payment Calculator
$2,800 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 435 South 51st Street
Property History for 435 South 51st Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 435 South 51st Street
Taxable ValueLand$74,840Additions$299,360Total$374,200
Tax Record2023$5,238 ($437 / month)
Home Facts
Total Finished SqFt2,930 SqFtAbove Grade Finished SqFt2,930 SqFtStories3Lot Size2,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningRSA3CountyPHILADELPHIAAPN60-2-1648-00
Schools near 435 South 51st Street
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Middle Years Alternative School Public5 to 8 | ||
Sayre William L Middle School Public9 to 12 | ||
The Workshop School Public9 to 12 | ||
Parkway West 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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