501 S 49th Street, Philadelphia, PA 19143 - Photo 1

1/1

$595,000

Sold
Closed
Triplex
2,655 Sq. Ft.

1/1

Property Description

Rare opportunity to acquire a beautiful Cedar Park corner/end triplex in excellent condition, fully occupied at below-market rents and professionally managed. Cash-flowing investment in a rapidly-developing and desirable neighborhood. Unit 1: 1 Bed + 1 Bath just renewed for $1315/mo; Unit 2: 1 Bed + 1 Bath renting for $1390/mo; Unit 3: 3 Bed + 1 Bath just leased for $1885/mo. Rents include water charges. Corner property with classic West Philly architectural details, adjacent to Baltimore Ave. Property was fully renovated in 2013 including all major systems. Cash flow statement available upon request. 48 notice required for showings - contact agent to schedule.

Full Property Details

Full Property Details for 501 S 49th St

General

Sold For: $595,000
Taxes: $5,572 (2022)
Status: Closed
Type: Triplex
Source: BrightMLSPhilly
MLS ID: PAPH2228592
Added to Site: 1, 034 day(s) ago

Interior

Appliances: Microwave, Oven/Range - Electric, Refrigerator, Dryer, Dishwasher, Built-In Microwave, Disposal, Freezer, Washer

Parking

Parking Type: On Street

Location

Area: 19143 (19143)
Municipality: PHILADELPHIA
County: Philadelphia
Driving Directions: Google Maps

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: Electric
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Info: Traditional
Architectural Style: Traditional
Structure Type: End of Row/Townhouse
Construction: Masonry
Foundation: Brick/Mortar
Stories/Levels: 4
Square Feet: 2,655
Sq. Ft. Source: Assessor
Living Area: 2,655 Sq. Ft.
Finished Above Grnd: 2,655 Sq. Ft.
Year Built: 1925
Year Built Source: Assessor
Property Condition: Very Good

Unit Information

Other Units: Unit 1, Unit 2, Unit 3
1 Bedroom Units: 2
3 Bedroom Units: 1

Unit 1

Unit Description: Unit 1
Bedrooms: 1

Unit 2

Unit Description: Unit 2
Bedrooms: 1

Unit 3

Unit Description: Unit 3
Bedrooms: 3

Lot Features

Lot Size (Acres): 0.04
Lot Size (Sq. Ft.): 1,600
Lot Size Source: Assessor
Lot Dimensions: 16.00 x 100.00
Zoning: RSA3

Financial Considerations

Price Per Sq. Ft.: $224.11
Assessment Year: 2023
School Tax: $3,057
City/TownTax: $2,514
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $398,100
Tax Amount: $5,572
Tax Year: 2022
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 2655

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 96

Listed by Select Commercial Advisors, Samantha Lee Miller
Sold by Compass Pennsylvania, LLC, Eliza Michiels

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Listing agent

— 501 S 49th St —

Samantha Lee Miller

Select Commercial Advisors

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Schools

Schools serving 501 S 49th St

School District:Philadelphia City School District

Name	Grades	Distance
Lea Henry C School 4700 Locust Street, Philadelphia, PA 19139	K-8	0.3 mi
West Philadelphia High School 4901 Chestnut Street, Philadelphia, PA 19139	9-12	0.5 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 501 S 49th St

Date

Details

Price

Change

Source

6/16/2023

Sold

$595,000

—

MLS

4/27/2023

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.

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501 S 49th Street, Philadelphia, PA 19143 (MLS# PAPH2228592) is a Triplex property that was sold at $595,000 on June 16, 2023. Want to learn more about 501 S 49th Street? Do you have questions about finding other Triplex real estate for sale in Cedar Park? You can browse all Cedar Park real estate or contact a Coldwell Banker agent to request more information.

501 S 49th St Philadelphia, PA 19143