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516 N 34th Street, Philadelphia, PA 19104
$1,100,000
516 N 34th Street, Philadelphia, PA 19104View this property at 516 N 34th Street, Philadelphia, PA 19104
516 N 34th StreetPhiladelphiaPA19104
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Property Description
RARE opportunity to buy a newer built 4 unit building blocks from Drexel's campus. Buildings across the street and next door ( one block North) are selling for closer to 150k per bed. This fully leased 4 unit building is made up of 4 - 3 bedroom apartments that each occupy an entire floor of the building. Boasting the balance of the 10 year tax abatement, and a super location this is not one to be missed. Call or email for financials and and to schedule your tour before it's gone.
Full Property Details
Full Property Details for 516 N 34th St
General
- Sold For: $1,100,000
- Taxes: $2,773 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: PAPH2311812
- Added to Site: 134 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: 19104 (19104)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: University City
- Subdivision: University City
- Driving Directions: Corner of Brandywine and 34th
School Information
- School District: Philadelphia City
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Bi-level
- Architectural Style: Bi-level
- Structure Type: End of Row/Townhouse
- Construction: Masonry
- Foundation: Concrete Perimeter
- Stories/Levels: 0
- Square Feet: 4,731
- Sq. Ft. Source: Assessor
- Living Area: 4,731 Sq. Ft.
- Finished Above Grnd: 4,731 Sq. Ft.
- Year Built: 2016
- Year Built Source: Assessor
Unit Information
- 3 Bedroom Units: 4
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,698
- Lot Size Source: Assessor
- Lot Dimensions: 19.00 x 91.00
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $258.93
- Assessment Year: 2023
- School Tax: $1,522
- City/TownTax: $1,251
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $198,160
- Tax Amount: $2,773
- Tax Year: 2022
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 4731
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Exclusions: Tenants personal property
- Lot Number: 92
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Schools
Schools serving 516 N 34th St
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
3543 Fairmount Ave, Philadelphia, PA 19104 | K-8 | 0.3 mi | |
4901 Chestnut St, Philadelphia, PA 19139 | 9-12 | 1.5 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 516 N 34th St
Date
Details
Price
Change
Source
4/08/2024
Sold
$1,100,000
-10.2%
MLS
2/06/2024
Price Reduced
$1,225,000
-2%
MLS
1/10/2024
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
516 N 34th Street, Philadelphia, PA 19104 (MLS# PAPH2311812) is a Multi-Family property that was sold at $1,100,000 on April 08, 2024. This property was listed by Karl Klotzbach from our Old City Office.Want to learn more about 516 N 34th Street? Do you have questions about finding other Multi-Family real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.