See Home Value
$249,070*
Multifamily - Off Market

1611 W ERIE AVENUE

PHILADELPHIA, PA 19140
bedrooms
Studio
bathrooms
0 Bath
square feet
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.
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,682 ft²
$141/ft²
$237,500 Nov 20, 2021
$237,500 Feb 3, 2022
-
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
-
Townhouse
3 Beds
2 Baths
1,768 ft²
$133/ft²
$235,000 Jan 29, 2023
$235,000 Apr 11, 2023
-
Townhouse
4 Beds
2 Baths
1,900 ft²
$146/ft²
$278,000 May 18, 2022
$278,000 Jul 11, 2022
-
Multifamily
Stu
-
1,785 ft²
$132/ft²
$235,000 Oct 26, 2022
-
$215/mo
Multifamily
Stu
-
1,754 ft²
$157/ft²
$275,000 Mar 27, 2023
-
$356/mo
Multifamily
Stu
-
1,564 ft²
$128/ft²
$200,000 Aug 5, 2023
-
$208/mo
Multifamily
Stu
-
2,058 ft²
$121/ft²
$249,000 Aug 23, 2023
-
$368/mo
Multifamily
Stu
-
1,485 ft²
$135/ft²
$200,000 Aug 11, 2023
-
$198/mo
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
More about this Building
1611 West Erie Avenue
Want to find out who owns 1611 West Erie Avenue, Philadelphia, PA 19140? Get detailed property transactions here .

About North Philadelphia


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