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1625 Point Breeze Ave, Philadelphia, PA, 19145

$1,200,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,506 SqFt
$266/SqFt
House

Location

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1625 Point Breeze Ave, Philadelphia$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOn Street
Year BuiltNew Const., 2018
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #PAPH2419398
Lot Size0.05 Acres
StatusActive
(ACTIVE)

About 1625 Point Breeze Ave

This prime investment opportunity in Point Breeze features a stunning, newer construction boutique 5-unit building, completed in 2018, with a proven rental history. Offering modern amenities and high-end finishes, this property provides an exceptional opportunity for investors seeking a well-located, income-generating asset in a rapidly developing neighborhood. The building consists of spacious, thoughtfully designed units, each featuring premium finishes. Units 1L and 1R, located on the first floor, are both 1-bedroom, 1-bathroom apartments with access to a large, fenced backyard and 500+ square feet of private basement space for additional storage or use. Unit 2R is a generously sized 2-bedroom, 1-bathroom apartment, while Unit 2L offers a 1-bedroom, 1.5-bathroom layout with ample living space. The standout unit, Unit 3, occupies the entire 3rd floor and boasts 3 bedrooms, 2 bathrooms, two private balconies, and a dedicated home office area. Each unit features high ceilings, luxury vinyl plank flooring, spacious eat-in kitchens with modern countertops, Whirlpool stainless steel appliances, and in-unit laundry. The property is ideally located for easy commuting, with quick access to the Broad Street subway line and multiple bus routes. Tenants are responsible for all utilities, including a flat water fee. Annual property expenses include insurance ($3,887), fire alarm service ($1,764), common electric ($550), and water/fire service ($335). A tax appeal is currently in progress, with the goal of reinstating the tax abatement by year-end. Conveniently situated near popular local spots such as Target, Sprouts, Starbucks, Two Eagles Cafe, The Fresh Works, On Point Bistro, and American Sardine Bar, this property also offers easy access to major highways including I-95 and I-76. With spacious units, outdoor space, and the added bonus of private basement storage, this property represents a must-see opportunity for any investor. Schedule a showing today to explore this exceptional investment!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2018
  • Living Area: 4,506 SqFt

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Jennifer Grosskopf

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Between Tasker and Morris on Point Breeze Ave.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $266/SqFt
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Housing Market Comparison

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

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

1625 Point Breeze Ave vs Philadelphia

4 DAYS ON ROCKET

-40 Days

$1,200,000

+$938.1K More

$266/SqFt

+$67 More

KEY TAKEAWAY

This property is $938.1K more than the Median Sold Price and $67/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: #PAPH2419398

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Jennifer Grosskopf

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, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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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-520321
3
/10
  • Stephen Girard Elementary School

  • 1800 Snyder Ave

  • 0.55 miles

  • Public District Grades KG-4

school-card-donut-520322
7
/10
  • Abram Stockton Jenks School

  • 2501 S 13th St

  • 1.14 miles

  • Public District Grades KG-5

school-card-donut-520323
5
/10
  • Francis Scott Key School

  • 2230 S 8th St

  • 1.36 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,579. Residents of Philadelphia, PA typically earn less than $35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1625 Point Breeze Ave

What is the listing price of this property?

The listing price of 1625 Point Breeze Ave property is $1,200,000.

What type of property is this?

The property 1625 Point Breeze Ave is a house located in Philadelphia, Pennsylvania, 19145.

Is this property for sale now?

Active Listing: 1625 Point Breeze Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The property 1625 Point Breeze Ave is 4,506 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1625 Point Breeze Ave is 2018.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19145›1625 Point Breeze Ave

This home is located at 1625 Point Breeze Ave in Philadelphia, PA and zip code 19145 in the South Philadelphia neighborhood. This 4,506 square foot home, which was built in 2018, sits on a 0.05 acre lot. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $1,200,000.

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 listings in Philadelphia, PA increased by 9.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 44 days, the median list price was $261,807.

From Rocket Homes Real Estate and based on county public records data.

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