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1618 E Passyunk Avenue, Philadelphia, PA 19148
$402,000
1618 E Passyunk Avenue, Philadelphia, PA 19148View this property at 1618 E Passyunk Avenue, Philadelphia, PA 19148
1618 E Passyunk AvenuePhiladelphiaPA19148
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Property Description
Rare investment opportunity in the heart of East Passyunk Avenue. This location cannot be beat! Own a property in the very center of this neighborhood's countless shops and restaurants. Just three blocks to the Broad Street Line and walkable to every convenience imaginable, highlighting the ideal city lifestyle. 1618 E Passyunk Ave is a mixed-use property that includes a street-level store front with picture window and a large 3-bedroom residence with finished basement access. Creative developers will love the extra-long lot (16 x 90)! The bi-level residential unit has been owner occupied for over 40 years and is ready for a new vision. More recent upgrades include hardwood floors throughout and central air, but there is still plenty of room for custom improvements. The first floor is open concept with a bonus storage room behind the kitchen. Large yard with storage shed and a beautiful mature plum tree! The basement has a separate entrance from the sidewalk and includes a small kitchenette and bathroom facilities. The basement can act as a 4th bedroom OR a potential 3rd unit with further renovation and zoning approval. The commercial unit was most recently used as a doctor's office and previously, a grocery store. There is a party wall dividing the space that can be easily removed to create an open area with half bathroom included. This space has an independent electric meter and newer mini-split system for heating and cooling. The commercial tenant has recently vacated to allow for a total reimagining by the new owner. This is a blank slate on one of the best blocks of South Philadelphia. Don't miss your chance to capitalize on this great opportunity. Schedule your appointment today! **Check out the video walk through tour included in this listing.**
Full Property Details
Full Property Details for 1618 E Passyunk Ave
General
- Sold For: $402,000
- Taxes: $2,036 (2023)
- Status: Closed
- Type: Duplex
- MLS ID: PAPH2144108
- Added to Site: 620 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: 19148 (19148)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Driving Directions: On East Passyunk Ave between Morris and Tasker Sts.
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Ductless/Mini-Split
- Cooling Fuel: Electric
- Heating Type: Radiator
- Heating Fuel: Natural Gas, Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Straight Thru
- Architectural Style: Straight Thru
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Foundation: Concrete Perimeter
- Stories/Levels: 0
- Square Feet: 2,000
- Sq. Ft. Source: Estimated
- Living Area: 2,000 Sq. Ft.
- Finished Above Grnd: 1,700 Sq. Ft.
- Year Built: 1915
- Year Built Source: Assessor
Unit Information
- 3 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,447
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 90.00
- Zoning: CMX25
Financial Considerations
- Price Per Sq. Ft.: $264.71
- Assessment Year: 2023
- School Tax: $1,117
- City/TownTax: $919
- City/TownTax Freq: Annually
- Tax w/Assessment: $145,500
- Tax Amount: $2,036
- Tax Year: 2023
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1700
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 100
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Schools
Schools serving 1618 E Passyunk Ave
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
1213 S 12th St, Philadelphia, PA 19147 | PK-8 | 0.4 mi | |
1900 S 3rd St, Philadelphia, PA 19148 | 9-12 | 0.8 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 1618 E Passyunk Ave
Date
Details
Price
Change
Source
3/17/2023
Sold
$402,000
-10.67%
MLS
1/07/2023
Price Reduced
$450,000
-5.26%
MLS
12/02/2022
Price Reduced
$475,000
-4.81%
MLS
11/02/2022
Price Reduced
$499,000
-5.85%
MLS
9/20/2022
Price Reduced
$530,000
-10.92%
MLS
8/13/2022
Listed
$595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1618 E Passyunk Avenue, Philadelphia, PA 19148 (MLS# PAPH2144108) is a Duplex property that was sold at $402,000 on March 17, 2023. This property was listed by Christina Briglia from our Old City Office.Want to learn more about 1618 E Passyunk Avenue? Do you have questions about finding other Duplex real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.