437 North 32nd Street

Philadelphia, PA 19104

$539,000
Price
Beds
2,418 Sq. Ft.
$223 / Sq. Ft.
2,418
Sq. Ft.
$223
per Sq. Ft.

Description

This priced to sell 2-unit multi-family building is a rare find! With Unit 1 offering a 1-bedroom/1.5-bathroom layout and Unit 2 featuring a 3-bedroom/1.5-bathroom bi-level design, there is plenty of space for tenants. Both units are currently rented below market value for $3,300 per month total as it previously rented for $4,000 per month making this property a great investment opportunity. Unit 1 boasts a spacious living and dining area with original hardwood floors, connecting to a well-appointed...This priced to sell 2-unit multi-family building is a rare find! With Unit 1 offering a 1-bedroom/1.5-bathroom layout and Unit 2 featuring a 3-bedroom/1.5-bathroom bi-level design, there is plenty of space for tenants. Both units are currently rented below market value for $3,300 per month total as it previously rented for $4,000 per month making this property a great investment opportunity. Unit 1 boasts a spacious living and dining area with original hardwood floors, connecting to a well-appointed kitchen and a private outdoor backyard space. Additionally, the first floor includes a full bathroom and bedrooms. The fully finished basement provides even more versatility, serving as additional living or office space and housing a full washer and dryer extra bathroom and additional storage. Unit 2 offers an open and modern kitchen, dining, and living space with high ceilings, new carpet, ceiling fans, air conditioning, heating, and its own washer and dryer. With its bi-level layout, this unit provides ample room for comfortable living. The location of this property is prime, especially for student rentals and young working professionals. It is just a few blocks away from the main campus of Drexel University, Drexel Parc, Upenn, the Art Museum, and the 30th Street Station. Additionally, the proximity to Drexel University Public Safety ensures a safe and secure environment for tenants. Don't miss out on this fantastic opportunity! This is also in a QOZ area which presents a massive opportunity for preferential tax treatment. Act fast and secure this multi-family building in a prime location.

Property Details for 437 North 32nd Street

Tax ID Number
241212000
Ownership
Fee Simple
Structure Type
Other
Style
Other
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Total Parking Spaces
0

Location

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LISTING UPDATED: 03/18/2024 12:07 PM

Property Details for 437 North 32nd Street

StatusActive
MLS #PAPH2292260
Days on Market184
Taxes$7,558 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1980
Lot Size0.03 AC / 1,511 SF
CountyPhiladelphia County

Location

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Building Information for 437 North 32nd Street

Stories-Residences2Year Built1980Building Size-Lot Size0.03 AC / 1,511 SF

Payment Calculator

$3,571 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,942

Property Taxes

$630

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 437 North 32nd Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19104 (19104)
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: $540,000
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $432,000
  • City Town Tax: $3,411
  • Land Assessed Value: $108,000
  • Clean Green Assessed: No
  • Land Use Code: U50
  • Zoning: RM1
  • Tax Lot: 44
  • School Tax: $4,147
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
  • Units Leased Count: 2
Financial Information
Financial Information
  • Existing Lease Type: Long Term
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,418.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 16.00 x 93.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1027094
Parking
Parking
  • Type Of Parking: None
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: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 437 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 437 North 32nd Street

Taxable ValueLand$108,000Additions$432,000Total$540,000
Tax Record2023$7,559 ($630 / month)
Home Facts
Total Finished SqFt2,418 SqFtAbove Grade Finished SqFt2,418 SqFtStories3Lot Size1,511 SqFtStyleMulti-Family Res (5+ Units)Year Built1980ZoningRM1CountyPHILADELPHIAAPN24-1-2120-00

Schools near 437 North 32nd Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Powel Samuel School
PublicK to 4

Science Leadership Academy Middle School
Public5 to 8

West Philadelphia 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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437 North 32nd Street is a multi-family home for sale in Philadelphia, PA 19104. This property was listed for sale on October 31, 2023, it's currently listed at $539,000. It has been on the market for a total of 184 days and was last sold on August 28, 2015. This listing's school district is Philadelphia City School District. Nearby schools include Powel Samuel School, Science Leadership Academy Middle School and West Philadelphia High School. 437 North 32nd Street is a 0-bed, 0-bath, 2,418 sqft multi-family home built in 1980.

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.

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.