833 North 63rd Street

Philadelphia, PA 19151

$499,999
Price
7
Beds
6
Baths
3,426 Sq. Ft.
$146 / Sq. Ft.
3,426
Sq. Ft.
$146
per Sq. Ft.

Description

Nestled at 833 N 63rd Street, mere minutes from the bustling City Line Avenue and conveniently close to various public transportation options, this quadplex presents a rare opportunity for discerning investors seeking both immediate returns and long-term potential. Renovated in 2017, each of the four distinct apartments exudes modern charm and timeless appeal, boasting elegant wood floors, exposed brick accents, and gleaming stainless steel appliances. The property's strategic location is further...Nestled at 833 N 63rd Street, mere minutes from the bustling City Line Avenue and conveniently close to various public transportation options, this quadplex presents a rare opportunity for discerning investors seeking both immediate returns and long-term potential. Renovated in 2017, each of the four distinct apartments exudes modern charm and timeless appeal, boasting elegant wood floors, exposed brick accents, and gleaming stainless steel appliances. The property's strategic location is further complemented by its proximity to a burgeoning development landscape, with a brand-new six-unit apartment building under construction adjacent to it, promising favorable future comparables. Unit Configurations and Rental Income: This is a special delimiter sentence. This is a special delimiter sentence - Apartment 1: A spacious 2-bedroom, 2-bathroom sanctuary, commanding $1800 per month in rent. A spacious 2-bedroom, 2-bathroom sanctuary, commanding $1800 per month in rent - Apartment 2: Featuring 2 bedrooms and 1 bathroom, this unit offers comfortable living at $1500 monthly. Featuring 2 bedrooms and 1 bathroom, this unit offers comfortable living at $1500 monthly - Apartment 3: Another inviting 2-bedroom, 2-bathroom retreat, generating $1500 in monthly rental income. Another inviting 2-bedroom, 2-bathroom retreat, generating $1500 in monthly rental income - Apartment 4: Ideal for individuals or couples, this 1-bedroom, 1-bathroom haven commands $1200 per month. Operating Costs: This is a special delimiter sentence. This is a special delimiter sentence - PECO Common Area: A reasonable $290 ensures efficient electricity distribution across common spaces. A reasonable $290 ensures efficient electricity distribution across common spaces - Philadelphia Water Department: This is a special delimiter sentence. This is a special delimiter sentence $350

- Landscaping: With a monthly upkeep cost of $120 (May-November), the property's exterior maintains its inviting allure. With a monthly upkeep cost of $120 (May-November), the property's exterior maintains its inviting allure - HVAC Maintenance: Scheduled preventative maintenance, budgeted at $1200 annually, ensures optimal functionality of heating, ventilation, and air conditioning systems. Scheduled preventative maintenance, budgeted at $1200 annually, ensures optimal functionality of heating, ventilation, and air conditioning systems - Insurance: Currently estimated at $4052, adjustments are advised to optimize expenses and enhance profitability. Currently estimated at $4052, adjustments are advised to optimize expenses and enhance profitability - Taxes: Set at $5599

This meticulously maintained quadplex not only promises immediate returns through its robust rental income but also stands poised to capitalize on the area's burgeoning development, making it an irresistible prospect for investors seeking both stability and growth in Philadelphia's dynamic real estate market.
  1. Listed by Aaron Wallace • Keller Williams Main Line
    P: 6109316396 aaronwhomes@gmail.com

Property Details for 833 North 63rd Street

Tax ID Number
342361720
Ownership
Fee Simple
Structure Type
Detached
Style
Other
Waterfront
No
Garage
No
Cross Street
JEFFERSON
Municipality
PHILADELPHIA

Location

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LISTING UPDATED: 04/24/2024 02:20 PM

Property Details for 833 North 63rd Street

StatusActive Under Contract
MLS #PAPH2322684
Days on Market20
Taxes$5,599 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1925
Lot Size0.21 AC / 9,147 SF
CountyPhiladelphia County

Location

Listing Courtesy of Keller Williams Main Line
Add your commute

Building Information for 833 North 63rd Street

Stories-Residences2Year Built1925Building Size-Lot Size0.21 AC / 9,147 SF

Payment Calculator

$3,195 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,729

Property Taxes

$467

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 833 North 63rd Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 802785881492
  • SchoolDistrictSource: 3rd Party
  • County: PHILADELPHIA
  • MLS Area: 19151 (19151)
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: $400,000
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $340,000
  • City Town Tax: $2,526
  • Land Assessed Value: $60,000
  • Clean Green Assessed: No
  • Land Use Code: N51
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RTA1
  • Tax Lot: 72
  • School Tax: $3,072
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 3
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Furnished: None
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 3
Multi Family
Unit 1
  • Type: Unit 4
  • Unit Type Occupied YN: No
  • Level: 1
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 2
  • Unit Type Baths Total: 2
Unit 2
  • Type: Unit 3
  • Unit Type Occupied YN: No
  • Level: 1
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
Unit 3
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 3
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 2
  • Unit Type Baths Total: 2
  • Unit Type Features: 08/1/2017
Unit 4
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Month to Month
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: 01/4/2018
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 0.00 x 125.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 25343745
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Ceiling Fan(s)
  • Fireplace: No
  • Accessibility Features: None
  • Window Features: Energy Efficient, Replacement
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Electric Available
  • Heating: Yes
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 833 North 63rd 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 833 North 63rd Street

Taxable ValueLand$60,000Additions$340,000Total$400,000
Tax Record2023$5,599 ($467 / month)
Home Facts
Total Finished SqFt3,426 SqFtAbove Grade Finished SqFt3,426 SqFtStories3Lot Size5,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningRTA1CountyPHILADELPHIAAPN34-2-3617-20

Schools near 833 North 63rd 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 12
Public - 9 to 12
Rating
School
Distance
Overbrook Edu Center
PublicK to 8

Overbrook High School
Public9 to 12

Parkway West
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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Listing Courtesy of Keller Williams Main Line

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.