7111 Rising Sun Avenue

Philadelphia, PA 19111

$550,000
Price
Beds
2,700 Sq. Ft.
$204 / Sq. Ft.
2,700
Sq. Ft.
$204
per Sq. Ft.

Description

Here's an excellent opportunity for both investors and owner-occupants to acquire a well-maintained mixed-use property in Northeast Philadelphia. This income-producing property is in move-in condition, featuring separate utilities for each unit, providing convenience and ease of management. The property comprises three units in the main house, each offering unique features such as old-world charm, hardwood floors, ceramic tile bathrooms, and a laundry area. There is potential to finish the basement...Here's an excellent opportunity for both investors and owner-occupants to acquire a well-maintained mixed-use property in Northeast Philadelphia. This income-producing property is in move-in condition, featuring separate utilities for each unit, providing convenience and ease of management. The property comprises three units in the main house, each offering unique features such as old-world charm, hardwood floors, ceramic tile bathrooms, and a laundry area. There is potential to finish the basement for a fourth unit, adding to the income-generating potential. Enjoy the convenience of a private driveway and ample parking space with room for five cars. Additionally, there's a two-car detached garage equipped with heat, electricity, and water, presenting an opportunity for storage, a workshop or rental purposes. The property is also complemented by a covered front porch, creating a welcoming and nostalgic atmosphere. Situated in a prime location, this property offers accessibility to local amenities, public transportation, and a vibrant community, making it an attractive investment. Contact our agent today for more details and to schedule a viewing.
  1. Listed by Matthew J Albright • Re/Max One Realty
    P: 2159538380 matt@albrightrealestate.com

Property Details for 7111 Rising Sun Avenue

Tax ID Number
353261000
Ownership
Fee Simple
Structure Type
Detached
Style
Victorian
Waterfront
No
Garage
Yes
Subdivision
BURHOLME
Subdivision
BURHOLME (PHILADELPHIA PA)

Location

Listing Courtesy of Re/Max One Realty
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LISTING UPDATED: 04/19/2024 08:11 PM

Property Details for 7111 Rising Sun Avenue

StatusActive
MLS #PAPH2279390
Days on Market154
Taxes$5,455 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1925
Lot Size0.16 AC / 6,839 SF
CountyPhiladelphia County

Location

Listing Courtesy of Re/Max One Realty
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Building Information for 7111 Rising Sun Avenue

Stories-Residences3Year Built1925Building Size-Lot Size0.16 AC / 6,839 SF

Payment Calculator

$3,456 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,002

Property Taxes

$455

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7111 Rising Sun Avenue

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19111 (19111)
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: $389,700
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $311,760
  • City Town Tax: $2,461
  • Land Assessed Value: $77,940
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: G40
  • Refuse Fee: $500
  • Agricultural Tax Due: No
  • Zoning: CMX1
  • Tax Lot: 25
  • School Tax: $2,993
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Units Furnished: None
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 40.00 x 171.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1110798
Parking
Parking
  • Type Of Parking: Detached Garage, Driveway
  • Num of Detached Garage Spaces: 2
  • Driveway - # of Spaces: 8
  • Total Garage Spaces: 2
  • Parking Features: Asphalt Driveway
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage Door Opener, Oversized
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: Level Entry - Main
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C, Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water, Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 100 Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Bucks County Association of REALTORS

Property History for 7111 Rising Sun Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7111 Rising Sun Avenue

Taxable ValueLand$77,940Additions$311,760Total$389,700
Tax Record2023$5,455 ($455 / month)
Home Facts
Total Finished SqFt2,700 SqFtAbove Grade Finished SqFt2,700 SqFtStories3Lot Size6,839 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningCMX1CountyPHILADELPHIAAPN35-3-2610-00

Schools near 7111 Rising Sun Avenue

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 8
Rating
School
Distance
Crossan Kennedy C School
PublicK to 5

Wilson Woodrow Middle School
Public6 to 8

Northeast High School
Public9 to 12

Meehan Austin Middle School
Public7 to 8

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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7111 Rising Sun Avenue is a multi-family home for sale in Philadelphia, PA 19111. This property was listed for sale on November 27, 2023 by Re/Max One Realty, it's currently listed at $550,000. It has been on the market for a total of 154 days and was last sold on June 30, 2008. This listing's school district is Philadelphia City School District. Nearby schools include Crossan Kennedy C School, Wilson Woodrow Middle School and Northeast High School. 7111 Rising Sun Avenue is a 0-bed, 0-bath, 2,700 sqft multi-family home built in 1925.

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 Re/Max One Realty

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.