707 South 3rd Street

Philadelphia, PA 19147

$865,000
Last Sold Price
5
Beds
4
Baths
2,340 Sq. Ft.
$370 / Sq. Ft.
2,340
Sq. Ft.
$370
per Sq. Ft.

Description

This triplex is located on a great Queen Village tree lined block. Exterior has just been repainted as of May 2021. Two of the three units have been renovated in the last 3 years. All units have great storage/closet space, nice size rooms, high ceilings, wood floors and lots of exposed brick. The 1st floor unit is a renovated bi-level 1st & back half of 2nd floor, 2 bed, 2 bath + den/office, garden and full basement with washer and dryer. The front 2nd floor unit is a spacious studio with high ceilings,...This triplex is located on a great Queen Village tree lined block. Exterior has just been repainted as of May 2021. Two of the three units have been renovated in the last 3 years. All units have great storage/closet space, nice size rooms, high ceilings, wood floors and lots of exposed brick. The 1st floor unit is a renovated bi-level 1st & back half of 2nd floor, 2 bed, 2 bath + den/office, garden and full basement with washer and dryer. The front 2nd floor unit is a spacious studio with high ceilings, large bay windows, two closets, separate kitchen with pantry and full bath. The 3rd floor unit is a renovated 2 bed, 1 bath with high ceilings, in-unit washer and dryer, exposed brick, large bay window in the front and off the living room is straight stairs to the huge flat roof with great panoramic views of Center City, just waiting to be decked. Front of the property looks out onto Bainbridge Green and to one of the last remaining Historic Granite Horse Trough. The entrance to this Triplex is through a common foyer area. Unit 1 or 3 could be perfect owner units, however all have rented easily and attract quality tenants with minimal maintenance and management needed. Great area, great neighbors, close to shopping and amazing restaurants. Lots of parking around and in the Meredith School Catchment. Total annual rent for 2020 was $63,335.00 One of the owners is a real estate agent in Pennsylvania
  1. Listed by Joseph Rosario Cardamone • Elfant Wissahickon-Rittenhouse Square
    P: 5185427154 joe@ewrhomes.com

Property Details for 707 South 3rd Street

Tax ID Number
023113800
Ownership
Fee Simple
HOA
No
Structure Type
Interior Row/Townhouse
Style
Other
Waterfront
No
Garage
No
Expected On Market Date
05-19-2021

Location

Listing Courtesy of Elfant Wissahickon-Rittenhouse Square

Sold By Keller Williams Philadelphia

Add your commute
LISTING UPDATED: 08/25/2022 05:04 PM

Property Details for 707 South 3rd Street

StatusClosed
MLS #PAPH1011870
Days on Market192
Taxes$8,465 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.02 AC / 960 SF
CountyPhiladelphia County

Building

707 S 3rd St

2 StoriesBuilt in 1915

Location

Listing Courtesy of Elfant Wissahickon-Rittenhouse Square

Sold By Keller Williams Philadelphia

Add your commute

Building Information for 707 South 3rd Street

Stories2Residences-Year Built1915Building Size-Lot Size0.02 AC / 960 SF

Payment Calculator

$5,426 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,721

Property Taxes

$705

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 707 South 3rd Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: 3rd Party
  • Elementary School: WILLIAM M. MEREDITH SCHOOL (PHILADELPHIA PA)
  • ElementarySchoolSource: 3rd Party
  • Middle Or Junior School: WILLIAM M. MEREDITH SCHOOL (PHILADELPHIA PA)
  • MiddleSchoolSource: 3rd Party
  • High School: HORACE FURNESS (PHILADELPHIA PA)
  • HighSchoolSource: 3rd Party
  • County: PHILADELPHIA
  • MLS Area: 19147 (19147)
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
  • Type of Condo
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $604,700
  • Year Assessed: 2021
  • County Tax: $0
  • Improvement Assessed Value: $374,819
  • City Town Tax: $3,820
  • Land Assessed Value: $229,881
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: U50
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RM1
  • Tax Lot: 387
  • School Tax: $4,645
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: Yes
  • Concessions Amount: $19,000
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Furnished: None
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 1
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 2
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 3
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
Financial Information
Financial Information
  • Annual Rental Income: $57,900
  • Existing Lease Type: Yearly, Month to Month
Building Info
Building Info
  • Year Major Reno Remodel: 2018
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 15.00 x 64.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 889209
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Fireplace: No
  • Fireplaces Count: 0
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 707 South 3rd 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 707 South 3rd Street

Taxable ValueLand-Additions-Total-
Tax Record2023$8,464 ($705 / month)
Home Facts
Total Finished SqFt2,340 SqFtAbove Grade Finished SqFt2,340 SqFtStories3Lot Size960 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningRM1CountyPHILADELPHIAAPN02-3-1138-00

Schools near 707 South 3rd Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 5 to 8
Public - 5 to 12
Rating
School
Distance
Meredith William M School
PublicK to 8

Furness Horace High School
Public9 to 12

Middle Years Alternative School
Public5 to 8

Gamp
Public5 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.

Listing Courtesy of Elfant Wissahickon-Rittenhouse Square

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.