A fantastic and rare opportunity in the Heart of South Philly! Commercial mixed-use property. You get two buildings in one! The building runs from W. Passyunk to McKean. Sts. On the 1431 W Passyunk St side, you get a commercial space that is currently a restaurant on the first floor with an apartment above. Then, go around the corner and you get three apartments on the 1430 McKean St side. All great tenants and would like to stay. All meters are separated except water. Busy commercial corridor with lots of bustling activities and businesses! Super convenient location, close to public transportation buses and trains, lots of restaurants, shops, cafes, etc. Both buildings are fully occupied so you can continue to collect rent! Nothing to do but collect passive income. Don't miss this wonderful opportunity!
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1920
Living Area: 3,423 SqFt
Listing Office:
Office Name: Central Realty Group LLC
Office Phone: (215) 516-6038
Listing Agent: Sze Wai Kwong
Interior Features
Interior Information:
Basement: No
Exterior Features
Exterior Information:
Exterior: Exterior Lighting, Sidewalks, Street Lights
Parking Information:
Parking: Off Street
Lot Features
Lot Information:
Lot Size: 0.03 Acres
Utilities
Utilities Information:
Heating: Baseboard
Cooling: None
Other
Directions Information:
Directions: N/A
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $799,000
Price Per SqFt: $233/SqFt
Tax Information:
Annual Amount: $3,318
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 $533.6K more than the Median Sold Price and $32/SqFt more than other homes in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2323340
Listing Office:
Office Name: Central Realty Group LLC
Office Phone: (215) 516-6038
Listing Agent: Sze Wai Kwong
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.
$4,055
Per Month
Principal & Interest
$3,988
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
$2,462
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 school0.34 miles
Public District Grades KG-4
7
/10
Abram Stockton Jenks School
2501 S 13th St
Distance between this listing and this school0.48 miles
Public District Grades KG-5
5
/10
Francis Scott Key School
2230 S 8th St
Distance between this listing and this school0.62 miles
Public District Grades KG-6
Nearby Schools
6
/10
Philadelphia Performing Arts Charter School
2600 S Broad St
Distance between this listing and this school0.38 miles
Public Charter Grades KG-8
4
/10
G.W. Childs Elementary School
1599 Wharton St
Distance between this listing and this school0.43 miles
Public District Grades KG-8
5
/10
Southwark School
1835 S 9th St
Distance between this listing and this school0.55 miles
Public District Grades KG-8
Nearby Schools
3
/10
South Philadelphia High School
2101 S Broad St
Distance between this listing and this school0.20 miles
Public District Grades 9-12
9
/10
Gamp
23rd and Ritner Sts
Distance between this listing and this school0.70 miles
Public Magnet Grades 5-12
5
/10
Mastery Charter School - Thomas Campus
927 Johnston St
Distance between this listing and this school0.84 miles
The neighbors living near this home have an average income of $45,679. Most Philadelphia, PA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
This home is located at 1430 Mckean St in Philadelphia, PA and zip code 19145 in the South Philadelphia neighborhood. This 3,423 square foot home, which was built in 1920, sits on a 0.03 acre lot. It has been listed on Rocket Homes since February 19, 2024 and is currently priced at $799,000.
Philadelphia, PA housing market in November 2024 saw over 219 listings sold above listed price, more than 204 sold at listed price and over 523 sold below. Between October 2024 and November 2024, Philadelphia, PA real estate market has seen increase in the number of listings by 1.8%. The median list price of listings available in November 2024 was $265,372, while the average time on the real estate market was 45 days.
From Rocket Homes Real Estate and based on county public records data.