3813 Baring Street
Philadelphia, PA 19104
- – beds
- – baths
- 2,758 sqft
- 2,420 sqft lot
- $235 per sqft
- 1930 build
Prime RM1 Multi-Unit Investment Opportunity in University City! Welcome to 3813 Baring Street, a well-maintained triplex in the heart of University City, offering three income-generating rental units. Located just minutes from University of Pennsylvania, Drexel University, parks, dining, and public transportation, this property is a fantastic opportunity for investors or future owner-occupants looking for rental income. Unit 1 is a spacious first-floor apartment with one bedroom, a bonus room, and one bathroom. The unit features hardwood floors, in-unit laundry, and a private backyard. The bonus room offers versatility and is usages mostly as a 2nd bedroom but can be home office or guest space, and the updated kitchen provides ample storage. Private back yard and Basement storage included. Unit 2 is a cozy second-floor apartment with two bedrooms and one bathroom. This unit features laminate flooring, large windows, and a decorative faux mantle. Enjoy the convenience of central air, in-unit laundry, a modern kitchen, and a small outdoor deck – perfect for fresh air and relaxation. Unit 3 is a charming and well-maintained studio apartment. This unit features ample natural light, laminate flooring, and an updated kitchen with plenty of storage. This fully leased property offers a prime location with easy access to universities, Center City, and major transit routes. Don't miss out on this turnkey investment in one of Philadelphia’s most sought-after rental markets! One quarter of property management services is being offered for transfer to the new owner. Schedule your showing today!
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Last updated Mar 28, 2025
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MLS# PAPH2456896 —
The Building
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Year Built:1930
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Year Built Source:Assessor
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Year Major Reno/Remodel:2018
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New Construction:No
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Construction Materials:Masonry
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Building Levels:3
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Building Units Total:3
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Structure Type:Interior Row/Townhouse
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Architectural Style:Other
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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:Unfinished
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2528
Interior
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Flooring Type:Hardwood, Laminated
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2758
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Living Area SqFt:2,758 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA, VA
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Possession:Settlement
Location
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Cross Street:Lancaster Ave
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Latitude:39.96097565
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Longitude:-75.19759369
The Property
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Property Type:Multi-Family
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Property Subtype:Triplex
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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:23.00 x 62.00
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Lot Dimensions Source:Assessor
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Lot SqFt:2,420 Sqft
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Zoning:RM1
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Other Structures:Above Grade, Below Grade
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Waterview: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:U50
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (484) 888-3177
- Office phone:
- (610) 399-5100
Taxes
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Tax ID Number:241174100
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Tax Year:2024
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Tax Lot:88
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Tax Annual Amount:$11,996
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Tax Assessed Value:$857,000
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Year Assessed:2025
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School Tax:6718.0
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City/Town Tax:5278.00
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Total Taxes Payment Frequency:Annually
The Listing
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Natural Gas
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:Circuit Breakers, 200+ Amp Service
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Hot Water:Electric
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Water Source:Public
Appliances
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Appliances:Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Refrigerator, Stove, Stainless Steel Appliances, Washer
Schools
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School District Name:Philadelphia City
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Cap Rate:4.40
Parking
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Garage:No
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Type of Parking:None
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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Units Furnished:None
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Single Room Units:1
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Two 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).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/28/25
Mar 28, 2025
|
Listed / Active | BRIGHT | $650,000 |