32 S 62nd Street
Philadelphia, PA 19139
- – beds
- – baths
- 2,044 sqft
- 1,848 sqft lot
- $83 per sqft
- 1925 build
Investor alert! This duplex presents a fantastic investment opportunity for the savvy investor with significant potential. It features two separate units: a 2-bedroom, 1.5-bathroom unit and a 3-bedroom, 2-bathroom unit. Additional amenities include one garage space, an unfinished basement, and separate utility meters for each unit. The property is zoned RM-1, legally designated as multi-family, offering excellent flexibility for rental income. While it requires a full rehab, the upside is substantial, especially with gentrification actively transforming the surrounding area. Once renovated, the property is poised for strong cash flow, and a proforma is included to outline projected income and returns. Don’t miss this chance to capitalize on a high-potential location!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Dec 14, 2024
•
MLS# PAPH2425084 —
The Building
-
Year Built:1925
-
Year Built Source:Assessor
-
New Construction:No
-
Construction Materials:Masonry
-
Building Levels:3
-
Building Units Total:2
-
Structure Type:Interior Row/Townhouse
-
Architectural Style:Other
-
Accessibility Features:None
-
Foundation Details:Brick/Mortar
-
Basement:Yes
-
Basement Type:Unfinished
-
Total SqFt Source:Assessor
-
Total Below Grade SqFt Source:Assessor
-
Tax Total Finished SqFt:2044
Interior
-
Fireplace:No
-
Living Area SqFt Source:Assessor
Room Dimensions
-
Total SqFt:2044
-
Living Area SqFt:2,044 Sqft
Financial & Terms
-
Sale Type:Standard
-
Possession:Settlement
Location
-
Directions:Corner of S 62nd & Ludlow
-
Latitude:39.96158981
-
Longitude:-75.24517822
The Property
-
Property Type:Multi-Family
-
Property Subtype:Duplex
-
Lot Size Units:Square Feet
-
Lot Size Acres:0.04
-
Lot Size Source:Assessor
-
Lot Size Dimensions:16.00 x 116.00
-
Lot Dimensions Source:Assessor
-
Lot SqFt:1,848 Sqft
-
Zoning:RM1
-
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:R50
-
Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (267) 259-6034
- Office phone:
- (888) 397-7352
Taxes
-
Tax ID Number:031190900
-
Tax Year:2024
-
Tax Lot:110
-
Tax Annual Amount:$1,521
-
Tax Assessed Value:$108,700
-
Year Assessed:2024
-
School Tax:852.0
-
City/Town Tax:669.00
-
Total Taxes Payment Frequency:Annually
Heating & Cooling
-
Cooling Type:None
-
Central Air:No
-
Cooling Fuel:None
-
Heating:Yes
-
Heating Type:Radiator
-
Heating Fuel:Natural Gas
Utilities
-
Sewer/Septic:Public Sewer
-
Hot Water:Natural Gas
-
Water Source:Public
Schools
-
School District Name:Philadelphia City
-
School District Source:Listing Agent
The Community
-
Subdivision Name:Cobbs Creek
-
Pool:No Pool
Parking
-
Garage:No
-
Type of Parking:None
Extra Units
-
Vacation Rental:No
-
Two Bedroom Units:1
-
Three Bedroom Units:1
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/6/24
Dec 6, 2024
|
Listed / Active | BRIGHT | $170,000 |
