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1843 N Van Pelt Street

Philadelphia, PA 19121

– beds
– baths
2,220 sqft
1,403 sqft lot
$198 per sqft
1915 build

CALLING ALL INVESTORS AND HOUSE HACKERS! Welcome to 1843 N Van Pelt St, a newly renovated, cash-flowing 3-unit boutique apartment building in the rapidly up-and-coming Sharswood neighborhood of Philadelphia, just blocks from Temple University’s main campus. This turnkey property offers the perfect opportunity for investors looking to generate strong rental income or for house hackers seeking to live in one unit while renting the others. This fully restored building was carefully renovated with no expense spared, blending modern luxury with historic charm. Each unit has been upgraded with high-end finishes, including hardwood floors throughout, stainless steel appliances, granite countertops, and energy-efficient windows. The building features central heat and air, new HVAC systems, a new roof, and new water heaters. Each unit has been thoughtfully designed with spacious, open layouts, abundant natural light, and in-unit laundry facilities. The property consists of three separate units: a 3-bedroom, 1-bath unit with private access to the backyard and basement; a 1-bedroom, 1-bath unit; and a bi-level 2-bedroom, 1-bath unit. Each apartment has its own washer and dryer, updated bathrooms with modern fixtures, and spacious living areas. The large, private backyard is perfect for outdoor entertaining or additional tenant enjoyment. The basement has been waterproofed and offers the potential for additional living space or storage. With its turnkey condition and desirable location, this property is ready to generate income from day one. Located just steps from Brewerytown’s popular shops, restaurants, and bars, including SPOT Burger, Rybrew, Lucky Goat, and more, this property offers tenants convenience and vibrant neighborhood amenities. Public transportation and major highways are easily accessible, and Fairmount is just a short trip away. 1843 N Van Pelt St offers a rare opportunity to acquire a fully renovated, income-producing property in a rapidly appreciating neighborhood. Whether you’re looking to maximize rental income or house hack your way to financial success, this is an investment you won’t want to miss.

Listing courtesy of BRIGHT / CG Realty, LLC

Last checked: Checking… • Last updated Nov 5, 2024 •

MLS# PAPH2417028 —

The Building

Year Built:

1915
Year Built Source:

Assessor
Year Major Reno/Remodel:

2022
New Construction:

No
Construction Materials:

Masonry
Structure Type:

End of Row/Townhouse
Architectural Style:

Straight Thru
Historic:

No
Building Levels:

3
Building Units Total:

3
Door Features:

Double Entry, Insulated
Security Features:

Intercom, Fire Detection System, 24 hour security, Security Gate, Sprinkler System - Indoor
Window Features:

ENERGY STAR Qualified, Energy Efficient
Accessibility Features:

None
Foundation Details:

Block, Permanent, Slab
Basement:

Yes
Basement Type:

Full, Drain, Improved, Interior Access, Poured Concrete
Total SqFt Source:

Estimated
Total Below Grade SqFt:

700
Total Below Grade SqFt Source:

Estimated
Tax Total Finished SqFt:

2220

Interior

Interior Features:

Wood Floors, Upgraded Countertops, Bathroom - Tub Shower, Bathroom - Stall Shower, Sprinkler System, Recessed Lighting, Kitchen - Gourmet, Intercom, Formal/Separate Dining Room, Floor Plan - Open, Combination Kitchen/Dining
Room Count:

6
Flooring Type:

Engineered Wood, Ceramic Tile
Fireplace:

No
Wall & Ceilings:

9'+ Ceilings, Dry Wall
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

2920
Living Area SqFt:

2,220 Sqft

Financial & Terms

Sale Type:

Short Sale
Acceptable Financing:

Conventional, FHA, Cash
Possession:

Immediate

Location

Directions:

GPS to 1843 N Van Pelt St
Cross Street:

Montgomery
Latitude:

39.98281000
Longitude:

-75.16928000

The Property

Property Type:

Multi-Family
Property Subtype:

Triplex
Property Condition:

Very Good, Excellent
Lot Size Units:

Square Feet
Lot Size Acres:

0.03
Lot Size Source:

Assessor
Lot Size Dimensions:

17.00 x 85.00
Lot Dimensions Source:

Assessor
Lot Features:

Adjoins - Open Space
Lot SqFt:

1,403 Sqft
Exclusions:

All tenant belongings.
Zoning:

RSA5
Zoning Description:

RSA 5 - With a Zoning Permit for a 3 Family usage. Check Public Record through Philly Atlas for confirmation.
View:

City
Outdoor Living Structures:

Porch(es)
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

U50
Ground Rent Exists:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

322067100
Tax Year:

2024
Tax Lot:

110
Tax Annual Amount:

$1,324
Tax Assessed Value:

$94,600
Year Assessed:

2024
School Tax:

741.0
City/Town Tax:

582.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Natural Gas

Utilities

Utilities:

Natural Gas Available, Electric Available, Cable TV Available, Sewer Available, Water Available
Sewer/Septic:

Public Sewer
Electric Service:

200+ Amp Service
Hot Water:

Electric
Water Source:

Public

Appliances

Appliances:

Water Heater - High-Efficiency, Washer/Dryer Stacked, Stainless Steel Appliances, Refrigerator, Range Hood, Oven/Range - Electric, Oven - Self Cleaning, Microwave, Intercom, Humidifier, ENERGY STAR Dishwasher, Dual Flush Toilets, Built-In Range

Schools

School District Name:

The School District Of Philadelphia
School District Source:

Listing Agent

The Community

Subdivision Name:

Temple University
Exterior Features:

Exterior Lighting, Bump-outs, Play Area
Pool:

No Pool
Spa:

No
Association Recreation Fee:

No
Transportation:

Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile, Commuter Rail Station less than 1 mile, Commuter Lots less than 5 miles

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Other Units:

Unit 1,Unit 2,Unit 3
Vacation Rental:

No
Units Furnished:

None
One Bedroom Units:

1
Two Bedroom Units:

1
Three Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
11/5/24 Nov 5, 2024	Listed / Active	BRIGHT	$439,900

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This multifamily located in Lower North, Philadelphia, PA 19121 is currently for sale for $439,900. 1843 N Van Pelt Street is a 2,220 square foot multifamily with – beds and – baths. 1843 N Van Pelt Street is in the Lower North neighborhood of Philadelphia and has a WalkScore® of 67, making it somewhat walkable. This multifamily is in the attendance area of Mastery Charter School At Douglass and Strawberry Mansion High School.

Listing Courtesy of: BRIGHT and CG Realty, LLC.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.