Address
218 S 8Th Street, Philadelphia, PA
Price
$ 1,999,500
Property Attributes
- MLS#PAPH2350954
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19107
- NeighborhoodWashington Sq West
- Zip19107
- Style
- Year Built1897
- Taxes$ 19930
- Price$ 1,999,500
- Bedrooms5
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.12 Acres
Data Source:
Bright MLS
Property Description
Welcome to 218 S 8th St, an exceptional mixed-use investment opportunity nestled in the heart of Washington Square. This meticulously maintained property presents a rare combination of one retail space and four fully rented residential units, making it an ideal addition to any investment portfolio. As you step inside, you'll be greeted by the charm of yesteryear seamlessly blended with modern amenities. The retail space, currently rented, offers a prime location for a thriving business, while the four residential units boast spacious layouts flooded with natural light. Each unit exudes a timeless elegance, with gorgeous original details such as magnificent high ceilings and beautiful woodwork and molding. Renovated kitchens and bathrooms enhance the living experience, offering both functionality and beauty that are sure to keep the units in high demand. With three thoughtfully designed 1-bedroom, 1-bathroom apartments and one spacious 2-bedroom, 2-bathroom apartment, residents will find a true haven of comfort and sophistication. Whether relaxing after a long day or entertaining guests, these opulent living spaces provide the perfect backdrop for every occasion. Located in the historic Washington Square neighborhood, this property is surrounded by a wealth of cultural attractions, including Independence National Historical Park, the Liberty Bell, and Independence Hall. Plus, with an array of award-winning restaurants and bars just a stone's throw away, residents will delight in the vibrant energy of city living. Embrace the allure of this unique gem, where history, culture, and contemporary living converge to offer an unparalleled lifestyle experience. Don't miss your chance to own a piece of Philadelphia's rich heritage schedule your showing today!
| Price History | |
|---|---|
| 5/8/2024 | Listed $1,999,500 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central A/C |
| Possession | Immediate |
| Zoning | RMX3 |
| Patio/Porch Features | Balcony |
| Architectural Style | Other |
| Security Features | Main Entrance Lock |
| Construction Materials | Masonry |
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
| Year Built | 1897 |
| Electric | Circuit Breakers |
| Property SubType | Quadruplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | None |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Multi-Family |
| Subdivision Name | WASHINGTON SQ WEST |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | North on Walnut,Left on 8th |
| ModificationTimestamp | 2024-06-14T17:21:56 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 2.5 |
| Disclosures | Lead Inspection Certificate Available,Prop Disclosure |
| NumberOfUnitsTotal | 4 |
| MLS Area | 19107 (19107) |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 5044.00 |
| Tax Assessed Value | 1423800.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 5 |
| Tax Annual Amount | 19930.0 |
| Home Warranty Y/N | No |
| Two Bedroom | 1 |
| Structure Type | Detached |
| One Bedroom Units Count | 3 |
| Other Units | Unit 1,Unit 2,Unit 4,Unit 5,Unit 3 |
| Price Per Sq Ft Total AG | 342.85 |
| Acceptable Financing | Cash,Conventional |
| Avg. Electric Per Month | 75.0 |
| Avg. Gas Per Month | 0.0 |
| Historic Y/N | Yes |
| Vacation Rental Y/N | No |
| Avg. Water Per Month | 145.0 |
| Total SQFT | 5832 |
| Days on Market | 39 |
| Lease Type | Yearly |
| Standard Status | Active |
| Year Built Source | Estimated |
| Tax Lot | 212 |
| Total Actual Rent | 115620.00 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Basement | Full |
| Flooring | Wood |
| Hot Water | Natural Gas |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Central Air Y/N | Yes |
| LivingAreaSource | Assessor |
| Avg. Heating Oil Per Month | 0.0 |
Exterior Features
| Pool | No Pool |
|---|---|
| Water Source | Public |
| Total Parking Spaces | 1 |
| Type of Parking | Off Street |
| Land Use Code | Y60 |
| Foundation Details | Slab |
| Spa | No |
| Water View Y/N | No |
| Lot Dimensions | 37.00 x 61.00 |
| Lot Size Acres | 0.12 |
| Lot Size Source | Estimated |
| Land Assessed Value | 284700.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
| Off Street - # of Spaces | 1 |
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 19107
Price
Taxes
Visits
Year Built
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