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Map
$450,000
↓ $25K (5.3%)
●
Multifamily -
For Sale
4418 MARKET ST
PHILADELPHIA, PA 19104
Studio
0 Bath
$2,210
Estimated Monthly
$0
HOA / Fees
About This Property
Welcome to your opportunity to own a prime slice of West
Philadelphia real estate! This charming 2005 duplex is
nestled in a coveted location, perfect for savvy investors or owner
occupants looking to offset mortgage costs. With two separate
UPDATED units, a 1 bedroom (great for an owner) and a 2
bedroom, this duplex offers versatility and income potential. Each
unit features hard wood floors, newer appliance, ample sunlight and
easy access to center city or the suburbs. The layout is designed
for both comfort and functionality, providing an inviting space for
residents. The property's prime location ensures easy access to an
array of amenities, including shops, restaurants, parks, and public
transportation options. Whether you're strolling through the
vibrant streets of West Philly or commuting to downtown,
convenience is at your doorstep. Investors will appreciate the
opportunity for rental income in this highly sought-after area,
while owner occupants can enjoy the benefits of living in one unit
while renting out the other to help cover expenses. Rents for 1
bedrooms in the area easily clear $1300 and for 2 bedrooms $1800+
which puts the estimated cap rate at an attractive 7.5%+
There is also a MASSIVE apartment complex expected to be build on
the corner a few doors down, which is sure to increase
rents/rentability of the units. Don't miss out on this chance to
own a piece of West Philadelphia's thriving real estate market.
Schedule a viewing today and seize the opportunity to make this
duplex your own!
Unit Size
-
Days on Market
45 days
Land Size
0.05 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$144
HOA Dues
-
Year Built
2005
Listed By
Last updated: 27 days ago (Bright MLS #PAPH2332058)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 2, 2024 | Price Decreased |
$450,000
↓ $25K
(5.3%)
|
|
Price Decreased | |||
Mar 15, 2024 | Listed by KW Empower | $475,000 | |
Listed by KW Empower |
Property Highlights
Parking Details
Parking Features: Off Street
Interior Details
Interior Information
Flooring Type: Hardwood
Living Area Square Feet Source: Estimated
Exterior Details
Property Information
Ownership Interest: Fee Simple
Property Condition: Excellent, Very Good, Good, Average
Year Built Source: Estimated
Building Information
Other Structures: Above Grade, Below Grade
Structure Type: Other
Construction Materials: Masonry
Pool Information
No Pool
Lot Information
Tidal Water: N
Lot Size Source: Estimated
Land Information
Land Assessed Value: $123,700
Financial Details
County Tax: $0
County Tax Payment Frequency: Annually
City Town Tax: $781
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $123,700
Tax Year: 2023
Tax Annual Amount: $1,731
Year Assessed: 2023
Utilities Details
Cooling Type: Ceiling Fan(s)
Heating Type: Hot Water
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Other
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
Stu
-
3,924 ft²
$100/ft²
$394,000
May 31, 2023
$394,000
Sep 29, 2023
-
Townhouse
3
Beds
1
Bath
1,320 ft²
$364/ft²
$480,000
Oct 13, 2022
$480,000
Apr 21, 2023
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/02/2021
|
|
Studio
|
-
|
1280 ft²
|
$899,000
Studio
-
1280 ft²
|
-
-
|
-
|
KEN KWONG
Central Realty Group LLC
|
Building Info
4418 Market Street
4418 Market Street, Philadelphia, PA 19104
- 1 Unit for Sale
About West Philadelphia
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