508 West Cumberland Street

Philadelphia, PA 19133

$110,000
Last Sold Price
โ€”
Beds
2,072 Sq. Ft.
$53 / Sq. Ft.
2,072
Sq. Ft.
$53
per Sq. Ft.

Description

Huge price reduction! ๐Ÿก๐ŸŒŸ Incredible Investment Opportunity! ๐ŸŒŸ๐Ÿก
Welcome to 508 W Cumberland St, featuring 2,072 SQFT it is the perfect canvas for savvy investors looking to unlock its full potential. This corner property boasts a RM-1 zoning, making it a versatile gem in the real estate market. This corner property boasts a RM-1 zoning, making it a versatile gem in the real estate market ๐ŸŒ† Location: Conveniently situated on a hot spot of Philly, it is a corner lot, this property offers excellent
...Huge price reduction! ๐Ÿก๐ŸŒŸ Incredible Investment Opportunity! ๐ŸŒŸ๐Ÿก

Welcome to 508 W Cumberland St, featuring 2,072 SQFT it is the perfect canvas for savvy investors looking to unlock its full potential. This corner property boasts a RM-1 zoning, making it a versatile gem in the real estate market. This corner property boasts a RM-1 zoning, making it a versatile gem in the real estate market ๐ŸŒ† Location: Conveniently situated on a hot spot of Philly, it is a corner lot, this property offers excellent visibility and accessibility, making it ideal for both commercial, residential, and multi-family purposes. This fixer-upper presents an incredible opportunity to reimagine and revitalize a property with endless possibilities. Whether you're looking to create a multi-unit residential building, a commercial space, or a combination of both, this property's was used as a mixed-use which provides the flexibility you need. Also, you can transform it into a multi-family residence and maximize your return on investment! Don't miss out on the chance to turn this diamond in the rough into a shining investment! Investors, developers, and visionaries, come see for yourself the potential that awaits at 508 W Cumberland St. Schedule a viewing today and let your imagination run wild with the possibilities of this prime real estate. Contact us for more information and to arrange a visit. This is an opportunity you won't want to miss! Property is being sold in "As-Is" condition. Property is being sold in "As-Is" condition ๐Ÿ“ž Contact us for inquiries and appointments. Act fast โ€“ this corner property won't stay on the market for long! ๐Ÿก๐Ÿ’ฐ
  1. Listed by Sergio Giraldo โ€ข Rehobot Real Estate, LLC
    P: 2157167173 sergiogiraldo@rehobotrealestate.com

Property Details for 508 West Cumberland Street

Tax ID Number
191448800
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Traditional
Waterfront
No
Garage
Yes
Municipality
PHILADELPHIA
Total Parking Spaces
1

Location

Listing Courtesy of Rehobot Real Estate, LLC

Sold By Rehobot Real Estate, LLC

Add your commute
LISTING UPDATED: 10/25/2023 05:36 PM

Property Details for 508 West Cumberland Street

StatusClosed
MLS #PAPH2234806
Days on Market22
Taxes$509 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.02 AC / 1,078 SF
CountyPhiladelphia County

Location

Listing Courtesy of Rehobot Real Estate, LLC

Sold By Rehobot Real Estate, LLC

Add your commute

Building Information for 508 West Cumberland Street

Stories-Residences2Year Built1920Building Size-Lot Size0.02 AC / 1,078 SF

Payment Calculator

$643 per month

30 year fixed, 7.25% Interest

Principal and Interest

$600

Property Taxes

$42

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 508 West Cumberland Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19133 (19133)
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: $36,400
  • Year Assessed: 2022
  • Improvement Assessed Value: $24,828
  • City Town Tax: $229
  • Land Assessed Value: $11,572
  • Clean Green Assessed: No
  • Land Use Code: O50
  • Zoning: RM-1
  • Zoning Dscrp: RM-1,
  • Tax Lot: 155
  • School Tax: $279
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,072.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 989971
Parking
Parking
  • Type Of Parking: On Street, Parking Garage
  • Parking Garage - # of Spaces: 1
  • Total Garage Spaces: 1
  • Garage Features: Garage - Side Entry, Covered Parking
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: None
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 508 West Cumberland 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 508 West Cumberland Street

Taxable ValueLand$19,780Additions$79,120Total$98,900
Tax Record2023$1,384 ($115 / month)
Home Facts
Beds0Total Finished SqFt2,072 SqFtAbove Grade Finished SqFt2,072 SqFtStories3Lot Size1,078 SqFtStyleCondominiumYear Built1920ZoningRM1CountyPHILADELPHIAAPN19-1-4488-00

Schools near 508 West Cumberland Street

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

Kensington HS
Public9 to 12

Kensington Culinary Arts
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 Rehobot Real Estate, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORSยฎ. Information being provided is for the visitorโ€™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 REALTORSยฎ 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.