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1212 W Dauphin Street, Philadelphia, PA 19133
$533,000
1212 W Dauphin Street, Philadelphia, PA 19133View this property at 1212 W Dauphin Street, Philadelphia, PA 19133
1212 W Dauphin StreetPhiladelphiaPA19133
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Property Description
Property Addresses included in portfolio : 2725 Glenwood Ave MLS# PAPH2285644 | 2530 Ridge Ave MLS# PAPH2285656 | 1913 N 23rd MLS# PAPH2285666 | 1941 N 23rd MLS# PAPH2285670 | 1210 W Dauphin MLS# PAPH2285626 | 1212 W Dauphin MLS# PAPH2285638 Total Asking Price For Portfolio: $3,200,000 Scan for photos on the Virtual Offering Memorandum. Here is a remarkable investment opportunity in the heart of Philadelphia - a portfolio of six triplex multi-family buildings, offering a total of 18 units, 19 bathrooms, and 31 bedrooms. This is an exceptional chance for discerning investors seeking a strong return. All leases except for Glenwood units are through PHA making rent payments guaranteed. 2024 rents are poised to increase $1764 for 2 beds and $1476 for 1 beds. Advertised rents are for 2024 proforma, and current cap rate is 8%+ **Key Features:** - Turnkey Recently Renovated Portfolio: These properties have been meticulously renovated, ensuring they are in superb condition and ready for occupancy or rental. - Rent Program Tenants: Enjoy the reliability of guaranteed rent from the city, providing a stable income stream. - Under Market Rents: There exists an opportunity to maximize your returns by adjusting rental rates to align with the current market conditions. - Proximity to Philadelphia Schools: These properties are conveniently located near Philadelphia schools, making them appealing to potential tenants with families. **Location:** Strategically positioned in Philadelphia, a city renowned for its vibrant culture and robust real estate market. With easy access to schools and essential amenities, this location is poised for growth and offers excellent rental potential. This outstanding investment opportunity is exclusively represented by MY Philly Cassell, your trusted partner in Philadelphia real estate. If you are considering expanding your investment portfolio or entering the dynamic Philadelphia real estate market, this is an opportunity you should explore. Seize this remarkable chance to acquire this portfolio of multi-family buildings. Contact us today to obtain more details and take the first step toward securing a prosperous investment in the City of Brotherly Love.
Full Property Details
Full Property Details for 1212 W Dauphin St
General
- Price: $533,000
- Taxes: $3,012 (2022)
- Status: Active
- Type: Triplex
- MLS ID: PAPH2285638
- Updated: 1/8/2024
- Added to Site: 187 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: 19133 (19133)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: Brewerytown
- Subdivision: Brewerytown
- Driving Directions: On W Dauphin Street.
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: End of Row/Townhouse
- Construction: Masonry
- Foundation: Slab
- Stories/Levels: 0
- Square Feet: 1,775
- Sq. Ft. Source: Assessor
- Living Area: 1,775 Sq. Ft.
- Finished Above Grnd: 1,775 Sq. Ft.
- Year Built: 1925
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2, Unit 3
- 1 Bedroom Units: 1
- 2 Bedroom Units: 2
Unit 1
- Unit Description: Unit 1
- Bedrooms: 2
Unit 2
- Unit Description: Unit 2
Unit 3
- Unit Description: Unit 3
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 945
- Lot Size Source: Assessor
- Lot Dimensions: 15.00 x 63.00
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $300.28
- Operating Expenses: $6,640
- Assessment Year: 2023
- School Tax: $1,652
- City/TownTax: $1,359
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $215,200
- Tax Amount: $3,012
- Tax Year: 2022
- Owner Pays: Water
- Landlord Pays: Water
- Tax Total Finished Sq. Ft.: 1775
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Fee Simple
- Lot Number: 208
Listed by KW Empower, Richard K Cassell
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Schools
Schools serving 1212 W Dauphin St
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
720 W Cumberland St, Philadelphia, PA 19133 | K-8 | 0.4 mi | |
1901 N Front St, Philadelphia, PA 19122 | 9-12 | 1.2 mi | |
2463 Emerald St, Philadelphia, PA 19125 | 9-12 | 1.3 mi | |
2051 E. Cumberland Street, Philadelphia, PA 19125 | 9-12 | 1.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1212 W Dauphin St
Date
Details
Price
Change
Source
10/24/2023
Listed
$533,000
213.53%
MLS
6/01/2022
Sold
$170,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1212 W Dauphin St
Year
Property Taxes
Change
Tax Assessment
Change
2021
$1,082
-64%
-100%
2023
$3,012
178%
$215,200
178%
2020
$1,082
-24%
$77,300
-24%
2019
$1,415
31%
$101,100
31%
2018
$1,082
—
$77,300
—
2017
$1,082
—
$77,300
—
2016
$1,082
4%
$77,300
—
2015
$1,036
—
$77,300
—
2014
$1,036
771%
$77,300
6257%
2013
$119
—
$1,216
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1212 W Dauphin St
1212 W Dauphin Street, Philadelphia, PA 19133 (MLS# PAPH2285638) is a Triplex property with 0 bedrooms and 0 full bathrooms. 1212 W Dauphin Street is currently listed for $533,000 and was received on October 24, 2023. Want to learn more about 1212 W Dauphin Street? Do you have questions about finding other Triplex real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.