Listed By:
Re/Max One Realty
Address
7111 Rising Sun Avenue, Philadelphia, PA
Price
$ 550,000
Property Attributes
  • MLS#PAPH2279390
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19111
  • NeighborhoodBurholme
  • Zip19111
  • StyleVictorian
  • Year Built1925
  • Taxes$ 5455
  • Price$ 550,000
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,970 SqFt
Data Source:
Bright MLS
Property Description

Here's an excellent opportunity for both investors and owner-occupants to acquire a well-maintained mixed-use property in Northeast Philadelphia. This income-producing property is in move-in condition, featuring separate utilities for each unit, providing convenience and ease of management. The property comprises three units in the main house, each offering unique features such as old-world charm, hardwood floors, ceramic tile bathrooms, and a laundry area. There is potential to finish the basement for a fourth unit, adding to the income-generating potential. Enjoy the convenience of a private driveway and ample parking space with room for five cars. Additionally, there's a two-car detached garage equipped with heat, electricity, and water, presenting an opportunity for storage, a workshop or rental purposes. The property is also complemented by a covered front porch, creating a welcoming and nostalgic atmosphere. Situated in a prime location, this property offers accessibility to local amenities, public transportation, and a vibrant community, making it an attractive investment. Contact our agent today for more details and to schedule a viewing.

Price History
11/28/2023 Listed $550,000

General Features

Sewer Public Sewer
Heating Baseboard - Hot Water,Forced Air
Cooling Central A/C,Window Unit(s)
Possession Immediate
Roof Shingle
Zoning CMX1
Garage Spaces 2.00
Pool Y/N No Pool
Architectural Style Victorian
Construction Materials Masonry
Year Built 1925
Electric 100 Amp Service
Property SubType Triplex
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility Level Entry - Main
County PHILADELPHIA
New Construction No
Property Type Multi-Family
Subdivision Name BURHOLME
Garage Y/N Yes
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions Google Maps
ModificationTimestamp 2024-04-19T20:11:08
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 3
MLS Area 19111 (19111)
Lot Size Square Feet 6839.00
Tax Assessed Value 389700.0
Waterfront Y/N No
Street Name RISING SUN
Tax Annual Amount 5455.0
Property Condition Good
Two Bedroom 1
Structure Type Detached
One Bedroom Units Count 2
Price Per Sq Ft 203.7
Acceptable Financing Cash,Conventional
Vacation Rental Y/N No
Total SQFT 2700
Days on Market 156
Standard Status Active
Year Built Source Assessor
Tax Lot 25
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Basement Rear Entrance
Flooring Carpet,Hardwood
Hot Water Natural Gas
Total Stories 3
Furnished Units None
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix AVENUE
Central Air Y/N Yes
LivingAreaSource Assessor

Exterior Features

Parking Features Asphalt Driveway
Water Source Public
Total Parking Spaces 10
Garage Features Additional Storage Area,Garage - Front Entry,Garage Door Opener,Oversized
Type of Parking Detached Garage,Driveway
Land Use Code G40
Foundation Details Concrete Perimeter
Water View Y/N No
Lot Dimensions 40.00 x 171.00
Lot Size Acres 0.16
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 77940.00
Navigable Water Y/N No
Water Oriented Y/N No
# of Detached Garage Spaces 2
LotDimensionsSource Assessor

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

Property vs Multi-Family Average in 19111

Price
AVG $510K
$550K
Taxes
AVG $4,133
$5,455
Visits
AVG 174
311
Data Provided by Inside Real Estate®
Year Built
AVG 1953
1925

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