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819 S 11th Street

Philadelphia, PA 19147

– beds
– baths
2,451 sqft
1,045 sqft lot
$275 per sqft
1915 build

Invest in your future with 1, 2, or 3 of these fully occupied, cash-flowing triplexes in the popular Bella Vista/Italian Market neighborhood of Center City. The owners are ready to retire and pass on their success to you. With a 99% occupancy rate spanning 3 to 17 years, make your first investment an “easy win,” or add another solid multi-family building to your portfolio. Either way- it’s a win. The tenants are happy, love the location, and are paying near or at-market rents, so you don’t have to worry about making dramatic changes after you buy. Plus, there’s potential to increase your earnings by renting out additional storage in 2 of the 3 basements to the tenants or someone local who needs extra storage space (or use it for yourself!). You can also do some modest upgrades when units turnover and increase the rents year after year. Each tenant in each unit pays for their gas and electric (separate utilities & mechanicals- yea!). The landlord only pays for water for the 3 buildings and common electric in 2 of the 3 buildings. All units have the required sprinkler systems, RM1 Zoning, active rental licenses, and Lead-Free (811) or Lead-Safe (819 & 1182) Certificates from the city. Details about this building: 819 S 11th: Gross rent is $4500/mo for two 2-bed/1-bath flats and one 1-bed/1-bath flat. The first floor has outdoor space and access to an extra basement room that is finished, plus exclusive access to the unfinished portion of the basement. Bilco access to the basement is temporarily closed shut but could be accessed if needed down the road. Each unit has in-unit laundry. Tenants use window units for cooling. ...... Details about the other two buildings: 811 S 11th: Gross rent is $5550/mo over three 2 bed/1 bath flats. Each unit has C/A, private outdoor space, and a storage cage in the back portion of the basement. Units 1 & 3 have in-unit laundry. Unit 2 uses the laundry in the basement. The front part of the basement is available and easily used for additional storage for you or someone else. 1182 S 11th: Gross rent is $5700/mo for two 2-bed/1bath flats and one 1-bed/1bath flat. The third floor has a private roof deck, and all units have central air and in-unit laundry. The basement is available for your use or an opportunity to add value by providing additional storage for the tenants....... The opportunity here is perfect- cash flow right out of the gate, and plan to make strategic value-adds along the way to increase your profit!

Listing courtesy of BRIGHT / KW Empower

Last checked: Checking… • Last updated Nov 18, 2024 •

MLS# PAPH2418994 —

The Building

Year Built:

1915
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Masonry
Structure Type:

Interior Row/Townhouse
Architectural Style:

Traditional
Building Units Total:

3
Roof:

Flat
Accessibility Features:

None
Foundation Details:

Stone
Basement:

Yes
Basement Type:

Full, Unfinished, Outside Entrance
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

2451

Interior

Flooring Type:

Wood, Carpet, Ceramic Tile
Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

2451
Living Area SqFt:

2,451 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional, VA
Possession:

Immediate, 31-60 Days CD, 61-90 Days CD

Location

Directions:

11th Street between Catharine and Christian Streets.
Cross Street:

Catharine Street
Latitude:

39.93960000
Longitude:

-75.16065000

The Property

Property Subtype:

Triplex
Property Type:

Multi-Family
Lot Size Units:

Square Feet
Lot Size Acres:

0.02
Lot Size Source:

Assessor
Lot Size Dimensions:

17.00 x 60.00
Lot Dimensions Source:

Assessor
Lot SqFt:

1,045 Sqft
Inclusions:

All refrigerators, washers, & dryers
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:

Y50
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

871504590
Tax Year:

2025
Tax Lot:

216
Tax Annual Amount:

$6,844
Tax Assessed Value:

$488,900
Year Assessed:

2025
School Tax:

3540.0
City/Town Tax:

2782.00
Total Taxes Payment Frequency:

Annually

The Listing

Virtual Tour

Heating & Cooling

Cooling Type:

Window Unit(s)
Central Air:

No
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Baseboard - Hot Water
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Appliances

Appliances:

Refrigerator, Washer, Dryer, Built-In Microwave, Dishwasher

Schools

Elementary School:

Fanny Jackson Coppin
Middle School:

Fanny Jackson Coppin
High School:

FURNESS HORACE
School District Name:

The School District Of Philadelphia
School District Source:

Listing Agent

The Community

Subdivision Name:

Bella Vista
Pool:

No Pool

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Other Units:

Unit 1,Unit 2,Unit 3
Vacation Rental:

No
One Bedroom Units:

1
Two Bedroom Units:

2

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
11/17/24 Nov 17, 2024	Listed / Active	BRIGHT	$675,000

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This multifamily located in Center City, Philadelphia, PA 19147 is currently for sale for $675,000. 819 S 11th Street is a 2,451 square foot multifamily with – beds and – baths. 819 S 11th Street is in the Center City neighborhood of Philadelphia and has a WalkScore® of 98, making it a walker’s paradise. This multifamily is in the attendance area of Horace Furness High School and Fanny Jackson Coppin Elementary School.

Listing Courtesy of: BRIGHT and KW Empower.

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.