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Map
$510,000
↓ $5K (1%)
●
Multifamily -
For Sale
2118 W MASTER ST
PHILADELPHIA, PA 19121
Studio
0 Bath
$2,505
Estimated Monthly
$0
HOA / Fees
About This Property
This property is available as part of a portfolio or may be
purchased individually.
The portfolio is comprised of 15 units over 4 locations. Two duplexes, a
triplex, and an eight unit building with a single car garage. All properties
are located in Philadelphia neighborhoods of Sharswood and Olde
Kensington. Per bestplaces.net, the 19133 (Old Kensington) zip code has
enjoyed 17.3% home appreciation in the last 10 years.
It also has a robust market for renters making up 45.3% of the population.
Home appreciation in the 19121 zip code (Sharswood) has been 19.8%
over the last 10 years . Renters make up 49.8% of
the population. All of these properties have undergone full gut
renovations and were stripped down to the studs. Many of the layouts
were reconfigured. Each property was then rebuilt with new electric,
plumbing, hvac, roofing, windows, curb traps where necessary,
appliances, kitchens, bathrooms, etc... Each property has a 10 year tax
abatement secured. All properties will be sold "as is, where is with all faults and defects"
Please take a look at the attached brochure for more details. Additionally available properties are a triplex at 2323 n 2nd st Philadelphia PA 19133, a duplex at 2527 N Front st Philadelphia PA 19133, 8 units + Garage at 2626-2630 Ridge Ave Philadelphia PA 19121. Portfolio Price $3.65mm
Also available is 1937 N Marshall st. A 9 Unit shovel ready ground up construction project.
The portfolio is comprised of 15 units over 4 locations. Two duplexes, a
triplex, and an eight unit building with a single car garage. All properties
are located in Philadelphia neighborhoods of Sharswood and Olde
Kensington. Per bestplaces.net, the 19133 (Old Kensington) zip code has
enjoyed 17.3% home appreciation in the last 10 years.
It also has a robust market for renters making up 45.3% of the population.
Home appreciation in the 19121 zip code (Sharswood) has been 19.8%
over the last 10 years . Renters make up 49.8% of
the population. All of these properties have undergone full gut
renovations and were stripped down to the studs. Many of the layouts
were reconfigured. Each property was then rebuilt with new electric,
plumbing, hvac, roofing, windows, curb traps where necessary,
appliances, kitchens, bathrooms, etc... Each property has a 10 year tax
abatement secured. All properties will be sold "as is, where is with all faults and defects"
Please take a look at the attached brochure for more details. Additionally available properties are a triplex at 2323 n 2nd st Philadelphia PA 19133, a duplex at 2527 N Front st Philadelphia PA 19133, 8 units + Garage at 2626-2630 Ridge Ave Philadelphia PA 19121. Portfolio Price $3.65mm
Also available is 1937 N Marshall st. A 9 Unit shovel ready ground up construction project.
Unit Size
-
Days on Market
323 days
Land Size
0.03 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1915
Listed By
Last updated: 4 months ago (Bright MLS #PAPH2245832)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 24, 2024 | Price Decreased |
$510,000
↓ $5K
(1%)
|
|
Price Decreased | |||
Jun 10, 2023 | Listed by EMORY HILL REAL ESTATE SERVICES INC. | $515,000 | |
Listed by EMORY HILL REAL ESTATE SERVICES INC. | |||
Apr 13, 2021 | Sold | $165,000 | |
Sold |
Property Highlights
Air Conditioning
Parking Details
Parking Features: On Street
Interior Details
Interior Information
Interior Features: Breakfast Area, Floor Plan - Open
Appliances: Stainless Steel Appliances
Living Area Square Feet Source: Estimated
Exterior Details
Property Information
Ownership Interest: Fee Simple
Property Condition: Excellent
Year Built Source: Estimated
Building Information
Foundation Details: Stone
Other Structures: Above Grade, Below Grade
Structure Type: Twin/Semi-Detached
Construction Materials: Masonry
Outdoor Living Structures: Patio(s)
Pool Information
No Pool
Lot Information
Tidal Water: N
Lot Size Source: Estimated
Land Information
Land Assessed Value: $687,200
Financial Details
Tax Assessed Value: $687,200
Tax Year: 2023
Tax Annual Amount: $1,967
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Forced Air
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
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
Townhouse
3
Beds
3
Baths
2,549 ft²
$216/ft²
$550,000
May 11, 2018
$550,000
Oct 12, 2018
-
Townhouse
3
Beds
3
Baths
2,088 ft²
$225/ft²
$470,000
Mar 1, 2017
$470,000
May 11, 2017
-
Sold
Townhouse
4
Beds
3
Baths
2,499 ft²
$194/ft²
$485,000
Jan 5, 2017
$485,000
Apr 27, 2017
-
Townhouse
4
Beds
3
Baths
1,716 ft²
$240/ft²
$412,000
Mar 31, 2023
$412,000
Oct 17, 2023
-
In Contract
Townhouse
4
Beds
4
Baths
2,700 ft²
$207/ft²
$560,000
Jun 1, 2023
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
2118 West Master Street
2118 West Master Street, Philadelphia, PA 19121
- 1 Unit for Sale
About North Philadelphia
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