Price Reduction
Listed By:
EXP Realty, LLC
Address
1439 W Venango Street, Philadelphia, PA
Price
$ 499,999
Property Attributes
  • MLS#PAPH2269328
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19140
  • NeighborhoodNicetown-Tioga
  • Zip19140
  • Style
  • Year Built1930
  • Taxes$ 358
  • Price$ 499,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.04 Acres
Data Source:
Bright MLS
Property Description

Tremendous Investment Opportunity next to Temple Health! Fully occupied duplex with two bi-level 4-bedroom units! The total rent is $4,111 across both units and its 84% subsidized ($3,436 direct-deposited by the government on the 1st of each month)! FULL 10-YR TAX ABATEMENT. The location is ideal: 1-2 blocks from major employers (Temple University Hospital, Shriners Childrens Hospital), graduate schools (Temple Medical and Dental School), public transportation (Broad Street Line subway), and the upcoming Beury Hotel & Residences (138-room Courtyard Marriott hotel, 113-unit ground-up apartment building). Each bi-level unit has washer-dryer, quartz countertops, central HVAC, and electric appliances. Bottom units has a private backyard and full basement for storage. Electric is separately-metered for each unit (no gas). Project was fully remodeled in Q3 2023.

Price History
8/18/2023 Listed $569,000
9/7/2023 4% - $549,000
10/11/2023 2% - $539,000
1/2/2024 1% - $535,000
5/1/2024 7% - $499,999

General Features

Interior Features Skylight(s)
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Utilities Electric Available,Sewer Available,Water Available
Possession Immediate
Roof Flat
Appliances Built-In Microwave,Dishwasher,Dryer - Electric,Oven/Range - Electric,Refrigerator,Washer - Front Loading,Washer/Dryer Stacked,Water Heater - High-Efficiency
Exterior Features Sidewalks,Street Lights
Zoning RSA5
Pool Y/N No Pool
Patio/Porch Features Patio(s)
Architectural Style Other
Security Features Smoke Detector
Construction Materials Masonry
Year Built 1930
Electric 200+ Amp Service
Property SubType Duplex
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel None
Gross Income 57600.00
Accessibility None
County PHILADELPHIA
New Construction No
Property Type Multi-Family
Subdivision Name NICETOWN-TIOGA
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Total Rooms 14
Status ACTIVE
Directions GPS
ModificationTimestamp 2024-05-01T12:19:00
City PHILADELPHIA
Buyer Agent Compensation 2.5
Disclosures Agent has Financial Interest
Total Units 2
MLS Area 19140 (19140)
Lot Size Square Feet 1552.00
Tax Assessed Value 25600.0
Waterfront Y/N No
Street Name VENANGO
Tax Annual Amount 358.0
Home Warranty Y/N No
Property Condition Excellent
Structure Type Detached
NumberOfUnitsVacant 2
Other Units Unit 1,Unit 2
Price Per Sq Ft 175.44
Acceptable Financing Cash,FHA 203(k),Bank Portfolio,Conventional,FHA,VA,Other
Historic Y/N No
Rent Control Y/N No
Vacation Rental Y/N No
Total SQFT 2850
Days on Market 258
Lease Type None
Standard Status Active
Year Built Source Estimated
Tax Lot 125
Total Actual Rent 57600.00
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Natural Gas
Basement Full
Flooring Luxury Vinyl Plank
Hot Water Other
Total Stories 3
Furnished Units None
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix STREET
Central Air Y/N Yes
LivingAreaSource Estimated

Exterior Features

Water Source Public
Inclusions Washer/Dryer,Stove,Microwave,Refrigerator
Type of Parking On Street
Land Use Code O50
Foundation Details Concrete Perimeter
Spa No
Water View Y/N No
Lot Dimensions 16.00 x 97.00
Lot Size Acres 0.04
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 7680.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Estimated

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 19140

Price
AVG $280K
$500K
Taxes
AVG $2,764
$358
Visits
AVG 265
585
Data Provided by Inside Real Estate®
Year Built
AVG 1931
1930

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