1219 N 29Th Street

Philadelphia, PA
$ 300,000 Beds 0 Baths 0 Sq 1,920
Monthly Estimate* How much can I afford?

Welcome to 1219 N 29th Street, a LEGAL triplex (100% residential) with active rental licenses located in the heart of booming Brewerytown. If you are looking for a 9% CAP RATE, then this is the asset for you! The opportunities are endless here; purchase as a cash flowing triplex, live in one unit and rent out the other two, convert the 1st floor to commercial with 2 residential units above based on the CMX2 zoning guidelines or update the units to increase your gross rents and After Repair Value (ARV)! Located right off Girard Ave this location has everything you would want for future rent growth and asset appreciation; Girard trolley stop right outside plus local bus routes, Immediate access to I-76, and other major expressways! Local attractions range from breweries, cafes, parks, and nightlife right outside your door to iconic landmarks like Fairmount Park, Art Museum, Boathouse Row, Eastern State Penitentiary, and so much more within minutes! Your local grocery shops are the popular ALDI and WholeFoods, it doesn't get better than that! The property is laid out as 3 one bedroom, one bath units with one unit per floor making each unit a flat. The 1st-floor unit has a private backyard and basement access which has 7.5-foot ceiling providing the opportunity for future finish-able square footage without having to underpin. This unit is currently vacant and has a projected rent of $1100 as is. The 2nd-floor unit is currently occupied on a month-to-month lease for $950 per month and the tenant has been in place since 2016. Finally, the 3rd-floor unit is vacant with a projected rent of $800 month rounding out the total projected GROSS RENTS OF $2850 per month or $34,200 per year. A 9% CAP RATE- not too shabby! Reach out for a private showing today as this one won't last long!

Pending

  • Price
  • $ 300,000
  • Lot Size
  • 1,307 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 1,920
  • Full Bathrooms
  • 0
  • Year Built
  • 1925
  • Half Bathrooms
  • 0
  • City, Zip
  • Philadelphia
  • Taxes
  • $ 2919
  • County
  • PHILADELPHIA
  • Style
  • Area
  • 19121
  • MLS#
  • PAPH1000200
  • Zip
  • 19121
Listing Provided by: Keller Williams Philly
Data Source: Bright MLS - 382 - MD

Features

General

Accessibility None
Business Type Other
Construction Materials Brick
Cool Fuel Electric
Cooling Window Unit(s)
County PHILADELPHIA
Days on Market 30
Heating Radiator, Hot Water
MLS Area 19121 (19121)
Municipality PHILADELPHIA
New Construction No
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 156.25
Property SubType Mixed Use
Property Type Commercial Sale
Sewer Public Sewer
Subdivision Name BREWERYTOWN
Tax Annual Amount 2919.0
Tax Lot 72
Tax Year 2021
Total Units 3
Vacation Rental Y/N No
Water Access Y/N No
Zoning CMX2

Interior Features

Central Air Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas

Exterior Features

Building Area Total 1920.00
Inclusions All appliances in as-is condition and the property may or may not be cleaned out prior to closing.
Lot Dimensions 16.00 x 74.00
Lot Size Acres 0.03
Lot Size Source Assessor
Lot Size Square Feet 1184.00
Navigable Water Y/N No
Type of Parking None
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Blue Bell, PA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/29/2021 Listed $300,000

Property vs Zip Code Average in 19121

Price
AVG $410K
$300K
Taxes
AVG $3,211
$2,919
Visits
AVG 86
174
Year Built
AVG 1955
1925
Walkscore
AVG 82
86
Data Provided by Walkscore ® not using MLS data

Map

1219 N 29Th Street Philadelphia, PA is a Single Family Home for sale at $300000 with 1920 sqft and a lot size of 1,307 SqFt Acre(s). 1219 N 29Th Street Philadelphia has 0 bedrooms, 0 baths and was built in 1925. The property's zip code is 19121 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.