Discover this exceptional triplex offering three spacious 2-bedroom units, perfect for investors or owner-occupants seeking a vibrant urban lifestyle. Currently, unit three is vacant, presenting a great opportunity for an owner-occupant looking to begin their real estate investing journey. Each unit features beautiful hardwood floors and modern kitchens equipped with espresso shaker cabinets, stainless steel appliances, and sleek quartz countertops—blending style and functionality seamlessly. Plus, each unit includes the convenience of in-unit washers and dryers. One unit boasts a private backyard, ideal for entertaining or relaxing, while another showcases a stunning private roof deck with city views—perfect for gatherings or unwinding after a busy day. Located just a quick walk from popular spots like Ultimo Coffee, Dock Street Brewery South, Sidecar Bar & Grille, and Chick's, as well as Giant Heirloom Grocery, this property places you in the heart of the action. You’ll also be just minutes away from UPenn, Drexel University, and CHOP, making it an ideal location for students and professionals alike. Don’t miss this fantastic opportunity to invest in one of Philadelphia’s most sought-after neighborhoods! The tax abatement expires at the end of 2024.
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1925
Living Area: 3,042 SqFt
Listing Office:
Office Name: HubKey Real Estate
Office Phone: (215) 600-1799
Listing Agent: Mike Goldstein
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Exterior Information:
Exterior: Roof Deck
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.03 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
Other
Directions Information:
Directions: Intersection of Grays Ferry Ave. and Kimball St.
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $750,000
Price Per SqFt: $247/SqFt
Tax Information:
Annual Amount: $2,932
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 $488.1K more than the Median Sold Price and $48/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: #PAPH2415268
Listing Office:
Office Name: HubKey Real Estate
Office Phone: (215) 600-1799
Listing Agent: Mike Goldstein
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.
$3,811
Per Month
Principal & Interest
$3,744
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
$2,315
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 school1.23 miles
Public District Grades KG-4
5
/10
Samuel Powel Elementary School
301 N 36th St
Distance between this listing and this school1.39 miles
Public District Grades KG-4
7
/10
Abram Stockton Jenks School
2501 S 13th St
Distance between this listing and this school1.79 miles
Public District Grades KG-5
Nearby Schools
4
/10
Chester A. Arthur School
2000 Catharine St
Distance between this listing and this school0.53 miles
Public District Grades KG-8
6
/10
Universal Alcorn Charter School
3200 Dickinson St
Distance between this listing and this school0.74 miles
Public Charter Grades KG-8
6
/10
Edwin M. Stanton School
1700 Christian St
Distance between this listing and this school0.81 miles
Public District Grades KG-8
Nearby Schools
4
/10
Universal Audenried Charter High School
3301 Tasker St
Distance between this listing and this school0.83 miles
Public Charter Grades 9-12
5
/10
Preparatory Charter School of Mathematics Science Te
1928 Point Breeze Ave
Distance between this listing and this school0.87 miles
Public Charter Grades 9-12
5
/10
Freire Charter School
2027 Chestnut St
Distance between this listing and this school0.99 miles
The neighbors living near this home have an average income of $52,990. Most Philadelphia, PA residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have post secondary degree education.
This home is located at 2551 Grays Ferry Ave in Philadelphia, PA and zip code 19146 in the South Philadelphia neighborhood. This 3,042 square foot home, which was built in 1925, sits on a 0.03 acre lot. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $750,000.
Over 252 listings were sold over their listed price in October 2024 in Philadelphia, PA. In the same period over 567 listings were sold below the listed price and 237 listings were sold for the listed price. In October 2024 in Philadelphia, PA there were 9.8% more homes for sale than in September 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.