2 months on rocket

1702 S 22nd St, Philadelphia, PA, 19145

$979,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,000 SqFt
$245/SqFt
Multi

Location

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1702 S 22nd St, Philadelphia$979,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year BuiltNew Const., 2024
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #PAPH2391032
Lot Size0.02 Acres
StatusActive
(ACTIVE)

About 1702 S 22nd St

This new construction triplex in Point Breeze presents a fantastic investment opportunity, offering a 10-year tax abatement and a range of features that cater to both investors and potential homeowners. Here’s a detailed breakdown: Property Overview: Location: Point Breeze Type: Triplex Tax Abatement: 10 years Unit Details: Unit One (Main Floor): Design: Open-concept living and kitchen area. Kitchen: Stainless steel appliances, electric stove, white cabinets, quartz countertops, and backsplash. Bedrooms: Three total; two on the 1st floor, one in the lower level. Bathrooms: Two full bathrooms; one on the 1st floor, one in the lower level. Additional Features: Rear bedroom opens to a spacious yard, ideal for barbecues and entertaining. Lower level features flexible space that can be used as an additional bedroom, office, or gym. Front section of the basement offers a generous additional living area—great for entertaining, a library, or home gym. Walk-in closet. Unit Two (2nd Floor): Bedrooms: Two spacious bedrooms. Bathrooms: Two bathrooms. Kitchen: Stainless steel appliances, electric stove, white cabinets, quartz countertops, and backsplash. Additional Features: Stackable washer and dryer. Master Bedroom includes an en suite. Extra windows on the breezeway enhance natural sunlight. Unit Three (Top Floor): Bedrooms: Two bedrooms. Master Bedroom: Features an en suite. Kitchen: Similar to other units with stainless steel appliances, electric stove, white cabinets, quartz countertops, and backsplash. Additional Features: Stackable washer and dryer. Private rooftop deck with views. General Features for All Units: Kitchen Amenities: Microwaves, refrigerators, and stainless steel appliances. Flooring: Hardwood flooring throughout. Natural Light: Each unit benefits from ample natural light due to well-placed windows. Location Benefits: Convenience: Near public transportation with the Broad Street Line just a few blocks away. Accessibility: Close to Center City, the sports district, various restaurants, eateries, and provides easy access to highways and bridges. Investment Potential: Rental Income: Ideal for investors looking to generate rental income. Owner Occupancy: Great for owner occupants who want to live in one unit and rent out the other two for supplemental income. Multi-Generational Living: Offers a modern and versatile living experience. This triplex offers both a high potential for rental income and a comfortable, versatile living arrangement, making it an attractive option in a vibrant and accessible neighborhood.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Living Area: 4,000 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (215) 923-7600
  • Listing Agent: Frank Altamuro

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Dishwasher, Dryer, Oven, Electric Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes
  • Interior: Combination Dining/Living

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: gps

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $979,000
  • Price Per SqFt: $245/SqFt

Tax Information:

  • Annual Amount: $491
  • Tax Year: 2020
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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

1702 S 22nd St vs Philadelphia

80 DAYS ON ROCKET

+36 Days

$979,000

+$717.1K More

$245/SqFt

+$46 More

KEY TAKEAWAY

This property is $717.1K more than the Median Sold Price and $46/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: #PAPH2391032

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (215) 923-7600
  • Listing Agent: Frank Altamuro

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, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 11, 2019Home Sold
$137,000

Tax History

YEARPROP. TAXASSESSMENT
2020$491 -
2019$491$135,400
2018$491$94,100
2017$491$94,100

History based on county public records data.

Payment Calculator

$4,954

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,002

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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-593673
3
/10
  • Stephen Girard Elementary School

  • 1800 Snyder Ave

  • 0.50 miles

  • Public District Grades KG-4

school-card-donut-593674
7
/10
  • Abram Stockton Jenks School

  • 2501 S 13th St

  • 1.09 miles

  • Public District Grades KG-5

school-card-donut-593675
5
/10
  • Francis Scott Key School

  • 2230 S 8th St

  • 1.32 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. The most common annual income of people living in Philadelphia, PA is less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia191451702 S 22nd St

This home is located at 1702 S 22nd St in Philadelphia, PA and zip code 19145 in the South Philadelphia neighborhood. This 4,000 square foot home, which was built in 2024, sits on a 0.02 acre lot. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $979,000.

In October 2024, from all listings sold in Philadelphia, PA there were more than 252 sold above asking price, over 567 sold below and more than 237 were sold right at the asked price. The number of listings in Philadelphia, PA increased by 9.8% between September 2024 and October 2024. 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.

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