465 Cinnaminson Street
Philadelphia, PA 19128
- – beds
- – baths
- 2,585 sqft
- 8,785 sqft lot
- $241 per sqft
- 1920 build
This property in Roxborough is an attractive investment opportunity, particularly for builders or investors looking to capitalize on under-market rental rates and additional land for development. Here are some key points based on the description provided: Location: Roxborough (specific address not provided) Type: Duplex Units: 1st Floor: 2 bedrooms 1 bathroom Monthly rent: $800 (below market value) 2nd Floor: 3 bedrooms 2 bathrooms Monthly rent: $1800 Renovated Additional Feature: Extra lots, suggesting potential for expansion or additional development. Investment Considerations: Rental Income: Currently, the property generates $2,600 per month in rent. If the first-floor unit's rent were adjusted to market rates, this could potentially increase. Renovation and Upgrades: The second floor has already been renovated, which might attract higher-quality tenants or justify higher rent. The condition of the first floor could be a focus for future improvements. Development Potential: With extra lots, there's room for further investment like building additional units or expanding the existing structure, subject to zoning laws and permits. Next Steps: Viewing: It's recommended to make an appointment to inspect the property in person to assess the condition, potential renovation needs, and to better understand the neighborhood.
Last checked:
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Last updated Feb 18, 2025
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MLS# PAPH2441816 —
The Building
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Year Built:1920
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Masonry
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Building Units Total:2
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Structure Type:Twin/Semi-Detached
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Architectural Style:Other
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Accessibility Features:None
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Foundation Details:Slab
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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:2585
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2585
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Living Area SqFt:2,585 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:31-60 Days CD
Location
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Directions:Ridge ave to Cinnaminson
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Latitude:40.03936386
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Longitude:-75.22562408
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.20
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Lot Size Source:Assessor
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Lot Size Dimensions:65.00 x 135.00
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Lot Dimensions Source:Assessor
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Lot Features:Level, Rear Yard, SideYard(s)
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Lot SqFt:8,785 Sqft
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Zoning:RSA3
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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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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (267) 688-4531
- Office phone:
- (267) 688-4531
Taxes
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Tax ID Number:212328100
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Tax Year:2024
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Tax Lot:57
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Tax Annual Amount:$8,048
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Tax Assessed Value:$575,000
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Year Assessed:2025
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School Tax:4507.0
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City/Town Tax:3541.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Hot Water
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
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
Parking
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Garage:No
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Type of Parking:Driveway, On Street, Parking Lot
Extra Units
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Vacation Rental:No
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Two Bedroom Units:1
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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 |
---|---|---|---|---|
2/13/25
Feb 13, 2025
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Price Changed | BRIGHT | $625,000 | -3.1% |
2/5/25
Feb 5, 2025
|
Listed / Active | BRIGHT | $645,000 |