833 North 63rd Street
833 North 63rd Street
$499,999
7
6
3,426
3,426
$146
Active Under Contract
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.
- 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.
- Listed by Aaron Wallace • Keller Williams Main LineP: 6109316396 aaronwhomes@gmail.com
Property Details for 833 North 63rd Street
Tax ID Number
342361720
OwnershipFee Simple
Structure TypeDetached
StyleOther
WaterfrontNo
GarageNo
Cross StreetJEFFERSON
MunicipalityPHILADELPHIA
Location
LISTING UPDATED: 04/24/2024 02:20 PM
Property Details for 833 North 63rd Street
Status | Active Under Contract |
---|---|
MLS # | PAPH2322684 |
Days on Market | 20 |
Taxes | $5,599 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1925 |
Lot Size | 0.21 AC / 9,147 SF |
County | Philadelphia County |
Location
Building Information for 833 North 63rd Street
Stories-Residences2Year Built1925Building Size-Lot Size0.21 AC / 9,147 SF
Payment Calculator
$3,195 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 833 North 63rd Street
Property History for 833 North 63rd Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 | ||
The Science Leadership Academy At Beeber Public5 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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