Welcome to this charming multi-family property located at 1447 N Franklin St, Philadelphia, PA. This property is a well maintained, legal 3 family in the booming neighborhood of Northern Liberties. First floor: 1 bedroom apartmentSecond floor: 2 bedroom apartment Third floor: Studio apartment. Ideal for an investor who wants a great property in a neighborhood filled with new construction and growth, or someone who wants to live in 1 unit while collecting rent from the other 2 units. Great multi-family investment, as neighborhood continues to grow and expand. Easy to show.
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1915
Living Area: 1,911 SqFt
Listing Office:
Office Name: FSBO Broker
Office Phone: (717) 461-7201
Listing Agent: Lee F. Wolff
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.02 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: Franklin Street and W Jefferson Street
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $695,000
Price Per SqFt: $364/SqFt
Tax Information:
Annual Amount: $1,047
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 $433.1K more than the Median Sold Price and $165/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: #PAPH2379646
Listing Office:
Office Name: FSBO Broker
Office Phone: (717) 461-7201
Listing Agent: Lee F. Wolff
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.
$3,536
Per Month
Principal & Interest
$3,469
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
$2,150
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
6
/10
John Moffet Elementary School
127 W Oxford St
Distance between this listing and this school0.64 miles
Public District Grades KG-5
7
/10
Horatio B. Hackett School
2161 E York St
Distance between this listing and this school1.21 miles
Public District Grades KG-5
2
/10
Kipp North Philadelphia Charter School
2539 N 16th St
Distance between this listing and this school1.33 miles
Public Charter Grades KG-6
Nearby Schools
3
/10
James R. Ludlow Elementary School
550 W Master St
Distance between this listing and this school0.16 miles
Public District Grades KG-8
4
/10
Young Scholars Charter School
900 N Marshall St
Distance between this listing and this school0.45 miles
Public Charter Grades 5-8
3
/10
Dunbar Academics Plus School
1750 N 12th St
Distance between this listing and this school0.46 miles
Public District Grades KG-8
Nearby Schools
5
/10
Bodine William W High School
1101 N 4th St
Distance between this listing and this school0.50 miles
Public Magnet Grades 9-12
2
/10
The U School: Innovative Lab
2000 N 7th St
Distance between this listing and this school0.55 miles
Public District Grades 9-12
1
/10
Youth Build Phila Charter School
1231 N Broad St Fl 5
Distance between this listing and this school0.58 miles
The neighbors living near this home have an average income of $19,651. The majority of Philadelphia, PA residents have income less than $35k annually. The most common type of family is single, with kids. Typical level of education for residents in this area is high school diploma.
This home is located at 1447 N Franklin St in Philadelphia, PA and zip code 19122 in the Ludlow neighborhood. This 1,911 square foot home, which was built in 1915, sits on a 0.02 acre lot. It has been listed on Rocket Homes since July 25, 2024 and is currently priced at $695,000.
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 inventory of homes for sale in Philadelphia, PA between September 2024 and October 2024 increased by 9.8%. The median list price of listings available in October 2024 was $261,807, while the average time on the real estate market was 44 days.
From Rocket Homes Real Estate and based on county public records data.