Calling all Investors and Developers! An exceptional prospect awaits you - seize the opportunity to acquire a Commercial lot (CMX2) in one of Philadelphia's most rapidly growing zip codes. Location is key! Act now to secure your stake in this rare investment deal located within the Gray Ferry opportunity zone, surrounded by a multitude of ground projects just a stone's throw away. This property presents the perfect canvas for a mixed-use commercial development, with the potential to house a coffee shop, restaurant, daycare, and more, alongside residential units on the upper levels. Imagine the possibilities! Situated in close proximity to the vibrant Grays Ferry Ave Commercial Corridor, public transportation options, and a quick drive to the expressway leading to Center City and Philadelphia Airport, this location offers unbeatable convenience. Moreover, it's just a short walk away from University City, Point Breeze, and Graduate Hospital, ensuring easy access to prominent areas of the city. Don't let this remarkable opportunity slip through your fingers. Invest wisely and capitalize on the immense potential of this property. The time is now!
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (215) 923-7600
Listing Agent: Desarrie McDuffie
Lot Features
Lot Information:
Lot Size: 0.02 Acres
Other
Directions Information:
Directions: GPS
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $132,500
Tax Information:
Annual Amount: $1
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $129.3K less than the Median Sold Price in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2347882
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (215) 923-7600
Listing Agent: Desarrie McDuffie
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$729
Per Month
Principal & Interest
$662
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$464
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Stephen Girard Elementary School
1800 Snyder Ave
Distance between this listing and this school1.08 miles
Public District Grades KG-4
5
/10
Samuel Powel Elementary School
301 N 36th St
Distance between this listing and this school1.61 miles
Public District Grades KG-4
7
/10
Abram Stockton Jenks School
2501 S 13th St
Distance between this listing and this school1.67 miles
Public District Grades KG-5
Nearby Schools
6
/10
Universal Alcorn Charter School
3200 Dickinson St
Distance between this listing and this school0.48 miles
Public Charter Grades KG-8
3
/10
Delaplaine McDaniel Elementary School
1801 S 22nd St
Distance between this listing and this school0.67 miles
Public District Grades KG-8
4
/10
Chester A. Arthur School
2000 Catharine St
Distance between this listing and this school0.75 miles
Public District Grades KG-8
Nearby Schools
4
/10
Universal Audenried Charter High School
3301 Tasker St
Distance between this listing and this school0.56 miles
Public Charter Grades 9-12
5
/10
Preparatory Charter School of Mathematics Science Te
1928 Point Breeze Ave
Distance between this listing and this school0.62 miles
Public Charter Grades 9-12
9
/10
Gamp
23rd and Ritner Sts
Distance between this listing and this school1.09 miles
The neighbors living near this home have an average income of $31,667. Most Philadelphia, PA residents have annual incomes less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1257 S 27th St
What is the listing price of this property?
The listing price of 1257 S 27th St property is $132,500.
What type of property is this?
The property 1257 S 27th St is land located in Philadelphia, Pennsylvania, 19146.
Is this property for sale now?
Active Listing: 1257 S 27th St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 27, 2018 for $30,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1257 S 27th St in Philadelphia, PA and zip code 19146 in the Gray's Ferry neighborhood. This home sits on a 0.02 acre lot. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $132,500.
While more than 252 listings in Philadelphia, PA in October 2024 were sold above asking price, there were more than 237 listings sold at asking price, and more than 567 were sold below. The number of listings in Philadelphia, PA increased by 9.8% between September 2024 and October 2024. In October 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $261,807.
From Rocket Homes Real Estate and based on county public records data.