7236 Elmwood Avenue

Philadelphia, PA 19142

$162,500
Last Sold Price
Beds
1,920 Sq. Ft.
$85 / Sq. Ft.
1,920
Sq. Ft.
$85
per Sq. Ft.

Description

Welcome to this large corner income generating property in southwest/cobbs creek section of Philadelphia. Property is being SOLD in it's AS-IS, offers two units, very large 2 bedroom on the 2nd floor with monthly rent of $1,000.00 Agreement (on month-to-month) and another large 2 bedroom on the 1st floor with monthly rent income of $1,000.00, , a detached car garage rented with monthly income of $100.00. with a combined annual gross income of $25,200.00. Utilities are separate and each tenant pays...Welcome to this large corner income generating property in southwest/cobbs creek section of Philadelphia. Property is being SOLD in it's AS-IS, offers two units, very large 2 bedroom on the 2nd floor with monthly rent of $1,000.00 Agreement (on month-to-month) and another large 2 bedroom on the 1st floor with monthly rent income of $1,000.00, , a detached car garage rented with monthly income of $100.00. with a combined annual gross income of $25,200.00. Utilities are separate and each tenant pays for its own utility bill. This property is conveniently located close to shopping centers, steps away to public transportation -Septa trolley, buses, etc. Minutes away to the Philadelphia international Airport, trails, John Heinz wildlife refuge, Cobbs creek parkway, all the Philadelphia sports stadia. Few minutes to center city Philadelphia. Just two blocks away to the newest Amazon large office/warehouse building. Walk to the busy Woodland international businesses and multicultural business district. Enjoy the different restaurants and markets on Elmwood Avenue, just minutes to the famed Lindbergh shopping center with all the banks and more restaurants. 15 Minutes ride to the soccer team Stadium in Chester PA. The home of the Philadelphia Union Soccer Team. Just takeover this gem, call to show with 24-hour notice to tenants.
  1. Listed by Kolu Y Johnson • Nova Realty, LLC
    P: 2153658200 gahlahdu215@yahoo.com
  2. Listed by Lawrence M Eburuoh • Nova Realty, LLC
    P: 2153658200 novarealtyllc@aol.com

Property Details for 7236 Elmwood Avenue

Tax ID Number
404234100
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Other
Waterfront
No
Garage
No
Cross Street
72nd
Municipality
PHILADELPHIA

Location

Listing Courtesy of Nova Realty, LLC

Sold By Nova Realty, LLC

Add your commute
LISTING UPDATED: 04/25/2024 06:33 AM

Property Details for 7236 Elmwood Avenue

StatusClosed
MLS #PAPH2149946
Days on Market509
Taxes$3,565 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.03 AC / 1,312 SF
CountyPhiladelphia County

Location

Listing Courtesy of Nova Realty, LLC

Sold By Nova Realty, LLC

Add your commute

Building Information for 7236 Elmwood Avenue

Stories-Residences2Year Built1920Building Size-Lot Size0.03 AC / 1,312 SF

Payment Calculator

$1,184 per month

30 year fixed, 7.25% Interest

Principal and Interest

$887

Property Taxes

$297

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7236 Elmwood Avenue

Location
Location
  • Transportation: Airport less than 10 miles, Bus Stop less than 1 mile, Commuter Rail Station less than 1 mile, Metro/Subway Station 1 to 3 miles
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • Elementary School: PENROSE SCHOOL (PHILADELPHIA PA)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: TILDEN (PHILADELPHIA PA)
  • MiddleSchoolSource: Listing Agent
  • High School: BARTRAM JOHN (PHILADELPHIA PA)
  • HighSchoolSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19142 (19142)
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: 2023
  • Tax Assessed Value: $254,700
  • Year Assessed: 2023
  • Improvement Assessed Value: $203,760
  • City Town Tax: $1,608
  • Land Assessed Value: $50,940
  • Clean Green Assessed: No
  • Land Use Code: U30
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: CMX2
  • Tax Lot: 87
  • School Tax: $1,956
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Units Leased Count: 2
  • Number Of Units Vacant: 0
Financial Information
Expenses
  • Operating Expense: $2,475
Financial Information
  • Gross Income: $25,200
  • Annual Rental Income: $3,565
  • Income Includes: Apartment Rentals, Other
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 1,920.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 16.00 x 82.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1164722
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: Thresholds <5/8", Visual Mod
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: 90% Forced Air, Space Heater
  • 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: Greater Philadelphia Association of REALTORS

Property History for 7236 Elmwood 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 7236 Elmwood Avenue

Taxable ValueLand$50,940Additions$203,760Total$254,700
Tax Record2023$3,565 ($297 / month)
Home Facts
Total Finished SqFt1,920 SqFtAbove Grade Finished SqFt1,920 SqFtStories2Lot Size1,312 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningCMX2CountyPHILADELPHIAAPN40-4-2341-00

Schools near 7236 Elmwood Avenue

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Patterson John M School
PublicPK to 4

Tilden William T Middle School
Public5 to 8

Bartram John - Main
Public9 to 12

Motivation 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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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 Nova Realty, LLC

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.