Price Reduction - New Construction
Address
5113 Ranstead Street, Philadelphia, PA
Price
$ 499,900
Property Attributes
- MLS#PAPH2256878
- TypeContingent
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19139
- NeighborhoodWalnut Hill
- Zip19139
- StyleStraight Thru
- Year Built2023
- Taxes$ 124
- Price$ 499,900
- Bedrooms6
- Full Bathrooms0
- Half Bathrooms0
- Lot Size871 SqFt
Data Source:
Bright MLS
Property Description
New Construction OCCUPIED DUPLEX with FULL 10-Year Tax Abatement. Seller Interest Buy-Down offered. Qualifies for 5% down Financing! Unit # 1 leased through 2025. Excellent for Owner Home Hacker! All units built with Solid wood Custom Cabinets, high end stainless steel appliances and designer Lighting and fixtures. Lower unit is a Bi-level open living room/Kitchen layout with Main floor has large bedroom and full bathroom and exit to a private backyard. Lower level includes 2 additional bedrooms, 1 full bathrooms ( Ensuite) and Full sized front load Laundry. Upper Unit Main floor has open Living room/Kitchen layout, large bedroom and full bathroom . Full size front end Washer/Dryer included. Upper level includes 2 additional bedrooms, Rear Bedroom has sliding doors leading to Balcony. 2 full bathrooms (One Ensuite) Extremely well built but a long time experienced Philadelphia Builder. Located near the highly desired University City neighborhood. Situated close to the Hospitals and the University of Pennsylvania, steps from the Market-Frankford Line, and a straight shot to Down Town Center City Philadelphia. A short walk to parks, restaurants, and shopping! Only 5 Buildings remaining. Excellent for Investor OR Owner Occupant. Property can be sold as a Duplex or else as condos. Potentially to sell off individual units in the future. Other Buildings Available - 5005 Walnut Triplex, 5237 Chancellor Duplex(PENDING), 5233 Chancellor St (SOLD), 5001 Walnut Quadplex (SOLD), 540 S 52nd Commercial Quadplex, 5122 and 5138 Ranstead Duplexes.
| Price History | |
|---|---|
| 7/12/2023 | Listed $575,000 |
| 7/25/2023 | 2% - $569,000 |
| 8/17/2023 | 4% - $550,000 |
| 10/18/2023 | 5% - $525,000 |
| 4/24/2024 | 5% - $499,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Programmable Thermostat,Forced Air |
| Cooling | Central A/C |
| Possession | Settlement |
| Zoning | CMX4 |
| Pool Y/N | No Pool |
| Architectural Style | Straight Thru |
| Construction Materials | Concrete,Other |
| Year Built | 2023 |
| Property SubType | Duplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | None |
| County | PHILADELPHIA |
| New Construction | Yes |
| Property Type | Multi-Family |
| Subdivision Name | WALNUT HILL |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE UNDER CONTRACT |
| Directions | From S Broad St,turn onto Walnut St. Turn right onto S 52nd St,then take another right onto Ranstead St and the property will be on your left. |
| ModificationTimestamp | 2024-05-07T14:28:25 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 2.5 |
| Total Units | 4 |
| MLS Area | 19139 (19139) |
| Lot Size Square Feet | 915.00 |
| Tax Assessed Value | 8900.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 1 |
| Street Name | RANSTEAD |
| Tax Annual Amount | 124.0 |
| Property Condition | Excellent |
| Structure Type | Interior Row/Townhouse |
| NumberOfUnitsVacant | 1 |
| Other Units | Unit 1,Unit 2 |
| Price Per Sq Ft | 206.06 |
| Construction Completed Y/N | Yes |
| Rent Control Y/N | No |
| Vacation Rental Y/N | No |
| Virtual Tour | https://youtu.be/YDkytdN0IsY |
| Total SQFT | 2426 |
| Days on Market | 301 |
| Lease Type | Yearly |
| Standard Status | Active Under Contract |
| Year Built Source | Estimated |
| Tax Lot | 167 |
| Total Actual Rent | 20400.00 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| LivingAreaSource | Estimated |
| Three Bedroom Units Count | 2 |
Exterior Features
| Water Source | Public |
|---|---|
| Inclusions | Condo Docs,10 yr Tax Abatement,Appliances |
| Type of Parking | On Street |
| Land Use Code | SR |
| Foundation Details | Concrete Perimeter |
| Water View Y/N | No |
| Lot Dimensions | 15.00 x 61.00 |
| Lot Size Acres | 0.02 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 8900.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| 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 Contingent Average in 19139
Price
Taxes
Visits
Year Built
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