1649 Harrison Street
Philadelphia, PA 19124
- – beds
- – baths
- 2,145 sqft
- 2,464 sqft lot
- $123 per sqft
- 1940 build
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This Triplex property offers off street parking for two cars and a charming backyard garden area. With three distinct units, each featuring individual water meters and electric panels , this property provides a seamless setup for tenants. All units are equipped with electric ranges, ceiling fans, and electric heating throughout. The basement is not accessible from any unit, ensuring privacy. Unit 1 is accessible from the right side of the building near the driveway. It boasts one bedroom and one bath, with a washer/dryer for added convenience. Unit 1 tenant has been there for 8 years and pays $1045/month. Unit 2 is an efficiency and includes one bath, electric range, and a refrigerator. Tenant pays $775 for a 6 month lease ending May 2025. Unit 3 is a one bedroom with a separate room presently used by the Seller as a 'music studio' and accessible via the 2nd floor hallway, making it feel almost like two separate spaces. The landlord currently subsidizes the 3rd floor tenant's rent by renting the music room from him for $300. Unit 3 Rent would be $900 and tenant has been there for 10 years. This property is fully occupied and offers tremendous opportunity for value add. Total gross monthly rent is $2720. Calculate this great cap rate and bring your offer! Only 1 block away from public transportation make commuting easy for you and your tenants. Schedule your showing today.
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Last updated Dec 24, 2024
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MLS# PAPH2406646 —
The Building
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Year Built:1940
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Masonry, Copper Plumbing, CPVC/PVC
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Building Units Total:3
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Structure Type:Detached
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Architectural Style:AirLite
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Security Features:Fire Detection System
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Accessibility Features:None
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Foundation Details:Stone
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Basement:Yes
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Basement Type:Full, Sump Pump
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2145
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2145
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Living Area SqFt:2,145 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, Private
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Buyer Financing:Conventional
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Possession:Immediate, Negotiable
Location
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Directions:Use GPS
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Latitude:40.01849747
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Longitude:-75.07988739
The Property
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Property Subtype:Triplex
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.06
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Lot Size Source:Assessor
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Lot Size Dimensions:30.00 x 82.00
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Lot Dimensions Source:Assessor
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Lot SqFt:2,464 Sqft
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Exclusions:TENANT PROPERTY
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Zoning:RM1
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View:Garden/Lawn
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:N50
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (267) 625-7568
- Office phone:
- (215) 646-2900
Taxes
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Tax ID Number:232208200
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Tax Year:2024
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Tax Lot:208
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Tax Annual Amount:$2,791
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Tax Assessed Value:$199,400
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Year Assessed:2024
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School Tax:1563.0
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City/Town Tax:1228.00
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Ceiling Fan(s)
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:Circuit Breakers
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Hot Water:Electric
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Water Source:Public
Appliances
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Appliances:Oven/Range - Electric, Refrigerator
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Subdivision Name:Frankford
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Pool:No Pool
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Cap Rate:10.00
Parking
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Total Garage and Parking Spaces:2
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Garage:No
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Type of Parking:Driveway
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Driveway - # of Spaces:2
Extra Units
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Other Units:Unit 1,Unit 2,Unit 3
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Vacation Rental:No
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Single Room Units:1
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One Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/20/24
Dec 20, 2024
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Sold | BRIGHT | $265,000 | -7.0% |
|
11/17/24
Nov 17, 2024
|
Pending | BRIGHT | $285,000 | |
|
10/30/24
Oct 30, 2024
|
Listed / Active | BRIGHT | $285,000 |
