788 South 2nd Street

Philadelphia, PA 19147

$700,000
Price
5
Beds
3
Baths
2,113 Sq. Ft.
$331 / Sq. Ft.
2,113
Sq. Ft.
$331
per Sq. Ft.

Description

This is a great opportunity for investors. Fantastic triplex in the Queen Village section. Lovely, tree lined street. Walking distance to bars, restaurants and parks.
1st Floor unit is a bi level, 2 Br, 1 1/2 bath unit. Courtyard in back, jacuzzi tub in main bathroom along with a walk in shower. Updated kitchen with new cabinets and granite counter tops. Washer and Dryer in basement. This unit has a separate entrance.
2nd and 3rd floors have another entrance. 2nd floor is a 2 BR with Washer and Dryer.
...This is a great opportunity for investors. Fantastic triplex in the Queen Village section. Lovely, tree lined street. Walking distance to bars, restaurants and parks.
1st Floor unit is a bi level, 2 Br, 1 1/2 bath unit. Courtyard in back, jacuzzi tub in main bathroom along with a walk in shower. Updated kitchen with new cabinets and granite counter tops. Washer and Dryer in basement. This unit has a separate entrance.
2nd and 3rd floors have another entrance. 2nd floor is a 2 BR with Washer and Dryer.
3rd Floor has no W/D, but has a roof deck. New intercom system and new fire alarm system. Seller is a licensed Pa Agent. Sellers may do a 1031 Tax Exchange. Great opportunity for either an investor or for a buyer who wants to live in a unit and rent out the other 2.
  1. Listed by Kelly A Cappello • Long & Foster Real Estate, Inc.
    P: 2672550169 catduck1@msn.com

Property Details for 788 South 2nd Street

Tax ID Number
022130900
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Unit/Flat
Waterfront
No
Garage
No
Subdivision
QUEEN VILLAGE
Subdivision
QUEEN VILLAGE (PHILADELPHIA PA)

Location

Listing Courtesy of Long & Foster Real Estate, Inc.
Add your commute
LISTING UPDATED: 04/24/2024 06:49 PM

Property Details for 788 South 2nd Street

StatusActive Under Contract
MLS #PAPH2283196
Days on Market190
Taxes$8,393 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.02 AC / 904 SF
CountyPhiladelphia County

Location

Listing Courtesy of Long & Foster Real Estate, Inc.
Add your commute

Building Information for 788 South 2nd Street

Stories-Residences3Year Built1915Building Size-Lot Size0.02 AC / 904 SF

Payment Calculator

$4,520 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,820

Property Taxes

$699

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 788 South 2nd Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • 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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $599,600
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $419,900
  • City Town Tax: $3,787
  • Land Assessed Value: $179,700
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: U50
  • Refuse Fee: $500
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RM1
  • Zoning Dscrp: Residential
  • Tax Lot: 332
  • School Tax: $4,605
  • School Tax Payment Frequency: Annually
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Taxes - Personal property, Taxes - Real Estate, Trash Collection, Water, Repairs
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • 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: 1
  • Number Of Units Month To Month: 0
  • 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
  • Half Baths Count: 1
  • Full Baths Count: 1
  • Unit Type Features: Bi-level, with courtyard, newer kitchen with granite countertops and D/W and built in peninsula; jacuzzi tub in main bath, C/A
  • Total Rooms: 7
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Features: 2 BR 1 Bath, with washer and dryer and dishwasher. C/A, Engineered hardwood flooring. Ceiling fans in bedrooms.
  • Total Rooms: 4
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 3
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Features: 1 BR with roof deck. C/A, No WD or DW in this unit
  • Total Rooms: 3
Financial Information
Expenses
  • Operating Expense Includes: Insurance, Trash
  • Insurance Expense: $2,222
  • Trash Expense: $500
Financial Information
  • Gross Scheduled Income: $51,000
  • Net Operating Income: $39,998
  • Annual Rental Income: $50,400
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 2,113.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 14.00 x 64.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 887328
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Combination Kitchen/Dining, Intercom, Tub Shower, Upgraded Countertops, WhirlPool/HotTub, Wood Floors
  • Fireplace: No
  • Appliances: Dishwasher, Disposal, Dryer - Gas, Microwave, Oven - Single, Refrigerator, Stove, Washer
  • Accessibility Features: None
  • Security Features: Fire Detection System, Intercom, Non-Monitored
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Natural Gas Available, Electric Available
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Bucks County Association of REALTORS

Property History for 788 South 2nd 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 788 South 2nd Street

Taxable ValueLand$179,700Additions$419,900Total$599,600
Tax Record2023$8,393 ($699 / month)
Home Facts
Total Finished SqFt2,113 SqFtAbove Grade Finished SqFt2,113 SqFtStories3Lot Size904 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningRM1CountyPHILADELPHIAAPN02-2-1309-00

Schools near 788 South 2nd 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
Meredith William M School
PublicK to 8

Furness Horace High School
Public9 to 12

Academy At Palumbo
Public9 to 12

Constitution 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 Long & Foster Real Estate, Inc.

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.