615 North 32nd Street

Philadelphia, PA 19104

$389,900
Last Sold Price
6
Beds
3
Baths
3,045 Sq. Ft.
$128 / Sq. Ft.
3,045
Sq. Ft.
$128
per Sq. Ft.

Description

$40,000 price reduction! Also, Seller will consider credit or price adjustment toward difference between 2023 taxes based on assessment and tax calculation amount based on contract sale price. Attention Investors! Don’t wait! 2015 renovated legal Triplex in the Mantua/University City area; just blocks from UPenn, Drexel, the Zoo, Mann Music Center and Art Museum and easy to get to/from with I76, Vine Street Expwy and MLK Drive immediately contiguous while public transportation is just steps away....$40,000 price reduction! Also, Seller will consider credit or price adjustment toward difference between 2023 taxes based on assessment and tax calculation amount based on contract sale price. Attention Investors! Don’t wait! 2015 renovated legal Triplex in the Mantua/University City area; just blocks from UPenn, Drexel, the Zoo, Mann Music Center and Art Museum and easy to get to/from with I76, Vine Street Expwy and MLK Drive immediately contiguous while public transportation is just steps away. While you’re here, go a mere four doors down the street and see its “sister property” at 623 N 32nd St, also for sale with virtually the same attributes including: unit layout, color scheme, kitchen amenities, appliances, granite countertops, hardwood floors, etc. Each of these awesome properties have 3 x 2bd/1bath units. All totally renovated from the studs out in 2015 including all new electrical, HWH, one or more of the hot air Heating Systems replaced including one in January, appliances, Fire Alarm system (recent inspection), etc; keep your maintenance costs at a minimum! Note: A/C is window. All utilities separately metered and paid by the tenants except water which currently runs approx. $50/mo. Common area Washer/Dryer in basement. Buyers' Agents responsibility to confirm real estate taxes in light of latest assessment which impacts cap rate. Units currently under rented at $1,000/month; the difference available to significantly impact future cap rate. Current area rents should be $1200-1250/mo.
615, as of this update, unit intentionally left vacant for showings with mostly M2M tenants. Current tenant(s) have expressed an interest to stay.
  1. Listed by James J Hanning
    P: 6106628715 hanningesq@comcast.net

Property Details for 615 North 32nd Street

Tax ID Number
242130000
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Straight Thru
Waterfront
No
Garage
No
Cross Street
Mt Vernon
Municipality
PHILADELPHIA

Location

Sold By Keller Williams Philly

Add your commute
LISTING UPDATED: 05/10/2023 03:32 PM

Property Details for 615 North 32nd Street

StatusClosed
MLS #PAPH2144946
Days on Market154
Taxes$12,722 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1935
Lot Size0.04 AC / 1,785 SF
CountyPhiladelphia County

Location

Sold By Keller Williams Philly

Add your commute

Building Information for 615 North 32nd Street

Stories-Residences3Year Built1935Building Size-Lot Size0.04 AC / 1,785 SF

Payment Calculator

$3,188 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,128

Property Taxes

$1,060

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 615 North 32nd Street

Location
Location
  • Transportation: Airport less than 10 miles
  • 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
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $908,900
  • Year Assessed: 2023
  • Improvement Assessed Value: $727,120
  • City Town Tax: $5,741
  • Land Assessed Value: $181,780
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: U50
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RM1
  • Zoning Dscrp: Multi family
  • Tax Lot: 54
  • School Tax: $6,981
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Owner Pays: Water
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 3
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Leased Count: 1
  • Number Of Units Vacant: 2
  • Number Of Units Month To Month: 3
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Unit Type Lease Type: None
  • Beds Total: 2
  • Full Baths Count: 1
  • Total Rooms: 3
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
  • Total Rooms: 3
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: No
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
  • Total Rooms: 3
Financial Information
Expenses
  • Operating Expense: $11,083
  • Operating Expense Includes: Insurance, Trash
  • Insurance Expense: $2,733
  • Trash Expense: $350
Financial Information
  • Gross Income: $36,000
  • Gross Scheduled Income: $43,200
  • Net Operating Income: $32,117
  • Annual Rental Income: $43,200
  • Income Includes: Other
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Year Major Reno Remodel: 2015
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 17.00 x 105.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1028034
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Floor Plan - Open, Wood Floors
  • Fireplace: No
  • Fireplaces Count: 0
  • Appliances: Refrigerator, Dishwasher
  • Accessibility Features: None
  • Security Features: Fire Detection System
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Internet Services: Cable
Confidential Data
Listing Office
  • List Agent AOR: Suburban West REALTORS Association

Property History for 615 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 615 North 32nd Street

Taxable ValueLand$181,780Additions$727,120Total$908,900
Tax Record2023$12,723 ($1,060 / month)
Home Facts
Total Finished SqFt3,045 SqFtAbove Grade Finished SqFt3,045 SqFtStories3Lot Size1,785 SqFtStyleMulti-Family Res (5+ Units)Year Built1935ZoningRM1CountyPHILADELPHIAAPN24-2-1300-00

Schools near 615 North 32nd Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Mcmichael Morton School
PublicPK to 8

West Philadelphia High School
Public9 to 12

School Of The Future
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.

Similar Homes

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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.

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.