3 months on rocket

1318 W Rockland St, Philadelphia, PA, 19141

$349,000

Home List Price

$4,144*

Closing Credit

0 Baths
2,070 SqFt
$169/SqFt
Multi

Location

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1318 W Rockland St, Philadelphia$349,000

Buyer Closing Credits

$4,144*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1935
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #PAPH2380794
Lot Size0.05 Acres
StatusActive
(ACTIVE)

About 1318 W Rockland St

This completely renovated property offers a fantastic investment opportunity in the heart of the Logan section of Philadelphia. The duplex features two spacious unit. One 2 bedroom unit with a bonus room, and one 4 bedroom unit, each with modern amenities and high-quality finishes. The property has been renovated from top to bottom, including new electrical systems, new plumbing, new central HVAC systems, new windows, and new doors throughout both units. Both units have separate gas and electric meters, providing convenience and efficiency. First floor 2-bedroom 1 bathroom unit has access to a backyard and a bonus room with closet. This extra room can be used as an office, nursery, extra closet space, etc. Second floor unit has a master bedroom with a master bath, 3 more bedrooms and a beautiful hallway bath. Potential gross rental income $42k/year ($1500/month for 2 bedroom unit plus $2000/month for a 4 bedroom unit). Whether you're looking to expand your rental portfolio or find a place to call home while generating rental income, this duplex is a must-see!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1935
  • Living Area: 2,070 SqFt

Listing Office:

  • Office Name: Market Force Realty
  • Office Phone: (866) 993-8585
  • Listing Agent: Tetyana Ilashvili

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Refrigerator, Stove, Washer/Dryer Stacked, Water Heater
  • Basement: Yes
  • Flooring Type: Vinyl, Ceramic Tile
  • Interior: Ceiling Fan(s), Floor Plan - Open

Exterior Features

Exterior Information:

  • Exterior: Exterior Lighting, Sidewalks

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Please use navigation

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,000
  • Price Per SqFt: $169/SqFt

Tax Information:

  • Annual Amount: $1,359
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

1318 W Rockland St vs Philadelphia

110 DAYS ON ROCKET

+66 Days

$349,000

+$87.1K More

$169/SqFt

-$30 Less

KEY TAKEAWAY

This property is $87.1K more than the Median Sold Price and $30/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2380794

Listing Office:

  • Office Name: Market Force Realty
  • Office Phone: (866) 993-8585
  • Listing Agent: Tetyana Ilashvili

IDX 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.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 6:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,359 -
2019$1,264$90,300
2018$1,181$84,400
2017$1,181$84,400

History based on county public records data.

Payment Calculator

$1,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,113

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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.

Nearby Schools

school-card-donut-504434
3
/10

  • James Logan Elementary School

  • 1700 Lindley Ave

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-504435
4
/10

  • Cayuga Elementary Promise Academy

  • 4344 N 5th St # 4358

  • 0.86 miles

  • Public District Grades KG-5

school-card-donut-504436
3
/10

  • Alexander McClure School

  • 600 W Hunting Park Ave

  • 0.94 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,000. Typical income of Philadelphia, PA residents is less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19141›1318 W Rockland St

This home is located at 1318 W Rockland St in Philadelphia, PA and zip code 19141 in the Olney / Oak Lane neighborhood. This 2,070 square foot home, which was built in 1935, sits on a 0.05 acre lot. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $349,000.

Philadelphia, PA housing market in October 2024 saw over 252 listings sold above listed price, more than 237 sold at listed price and over 567 sold below. The number of homes for sale 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.

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