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$249,070*
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Multifamily -
Off Market
1611 W ERIE AVENUE
PHILADELPHIA, PA 19140
Studio
0 Bath
1728 Sqft
$225,000 - $275,000
Reference Base Price*
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
We are offering a downpayment assistance program $5,000 in closing
cost, $500 for appraisal and $500 Home Warranty. Situated in
the Nicetown-Tioga neighborhood, this property is configured as a
duplex and features 2 modern & updated residential apartments.
Recently renovated with updated finishes and hardwood flooring.
This is an excellent opportunity to own this Nicetown-Tioga
property. The 2nd level units are currently occupied by the owners
(2 people). Option to reside in one unit and allow the monthly
rental income to offset the mortgage or add to your rental
portfolio. The building is comprised of a first-floor unit
offering 2 Bedrooms & 1 Bathroom. Unit 1 is located on the first
floor & has access to the rear yard from the Kitchen and a full
basement for additional storage. Unit 2 is located on the 2nd floor
and features 3 bedrooms & 1 bathroom unit. Unit 2 is currently
occupied by the owner. The property is being sold in As is
Condition. The property qualifies for the CRA program for a
conventional loan with a 3% down payment and no mortgage insurance.
Buyer needs to do their own due diligence to verify the
zoning. Walk Score 83 Transit Score 80 Bike Score 52 & a few
minutes away from BSL NRG Station to Fern Rock TC at the Erie
Station - BSL stop. Just minutes away from some nearby
restaurants and cafes in the area such as Soul Delicious Catering,
Church Chicken, Bravo Pizza, Starbucks, and Coffee Land. This
location is in the Tioga - Nicetown neighborhood in Philadelphia.
Nearby parks include Marcus Foster Memorial Stadium, Hunting
Park, and Fernhill Park.
.
The manager has listed the unit size as 1728 square feet.
.
The manager has listed the unit size as 1728 square feet.
Unit Size
1,728Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$145
Property Type
Multifamily
Property Taxes
$92
HOA Dues
-
Year Built
1930
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 17, 2023 | No longer available | - | |
No longer available | |||
Sep 14, 2023 | In contract | - | |
In contract | |||
Aug 2, 2023 | Price Decreased |
$250,000
↓ $10K
(3.9%)
|
|
Price Decreased | |||
Jul 13, 2023 | Price Decreased |
$260,000
↓ $10K
(3.7%)
|
|
Price Decreased | |||
Jun 1, 2023 | Listed | $270,000 | |
Listed |
Show More
Property Highlights
Air Conditioning
Interior Details
Basement Information
Basement
Exterior Details
Exterior Information
Masonry
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
4
Beds
2
Baths
1,682 ft²
$141/ft²
$237,500
Nov 20, 2021
$237,500
Feb 3, 2022
-
Sold
Townhouse
4
Beds
1
Bath
1,602 ft²
$146/ft²
$234,000
Feb 17, 2023
$234,000
Apr 21, 2023
-
House
4
Beds
4
Baths
1,740 ft²
$161/ft²
$280,000
Aug 26, 2022
$280,000
Jul 25, 2023
-
House
4
Beds
3
Baths
1,792 ft²
$131/ft²
$234,900
Nov 2, 2019
$234,900
Mar 3, 2020
-
Sold
Townhouse
3
Beds
2
Baths
1,768 ft²
$133/ft²
$235,000
Jan 29, 2023
$235,000
Apr 11, 2023
-
Sold
Townhouse
4
Beds
2
Baths
1,900 ft²
$146/ft²
$278,000
May 18, 2022
$278,000
Jul 11, 2022
-
Active
Multifamily
Stu
-
1,754 ft²
$157/ft²
$275,000
Mar 27, 2023
-
$356/mo
Active
Multifamily
Stu
-
2,058 ft²
$121/ft²
$249,000
Aug 23, 2023
-
$368/mo
Active
Multifamily
Stu
-
1,200 ft²
$214/ft²
$257,050
Jun 12, 2023
-
$73/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
1611 West Erie Avenue
1611 West Erie Avenue, Philadelphia, PA 19140
- 1 Unit for Sale