28 days on rocket

2557 Amber St, Philadelphia, PA, 19125

$750,000

Home List Price

$8,906*

Closing Credit

0 Baths
3,609 SqFt
$208/SqFt
Multi

Location

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2557 Amber St, Philadelphia$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1875
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #PAPH2413686
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 2557 Amber St

With over 25 feet of frontage along Frankford Avenue’s bustling Business Corridor, 2557 Amber Street offers an amazing opportunity to own an income-producing asset in Fishtown / East Kensington. Surrounded by new construction, new businesses, and even more on the horizon, this property stands out due to its LARGE 28’ x 75’ footprint, mixed-use CMX2 zoning, and classic Philly character. The first floor commercial space and facade were fully renovated in 2019 with many significant improvements, including commercial windows and doors, new water and electrical service, ADA-compliant entrance ramp and customer bathroom, new HVAC, kitchen, and retail area with modern finishes. The space is currently occupied by Hello Donuts on a NNN lease, with the potential for an investor or owner-operator to launch a new venture in the future. Two full-floor loft-style apartments occupy the 2nd and 3rd levels of the building, featuring hardwood floors, in-unit laundry, central air, modern kitchens and baths, and large windows that give each unit tons of natural light. Both units have a strong rental history and are leased through August 2025. As an added bonus, the property was recently reassessed and the taxes for 2025 will be DECREASED by $2000. Buyer and buyer's agent to verify 2024/2025 taxes and square footage.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1875
  • Living Area: 3,609 SqFt

Listing Office:

  • Office Name: BHHS Fox & Roach The Harper at Rittenhouse Square
  • Office Phone: (215) 546-0550
  • Listing Agent: Marc A. Hammarberg

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Tile/Brick, Wood

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: On the corner of Frankford and Amber sts

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $208/SqFt

Tax Information:

  • Annual Amount: $6,303
  • Tax Year: 2020
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Housing Market Comparison

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

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Philadelphia, PA

City

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

2557 Amber St vs Philadelphia

28 DAYS ON ROCKET

-16 Days

$750,000

+$488.1K More

$208/SqFt

+$9 More

KEY TAKEAWAY

This property is $488.1K more than the Median Sold Price and $9/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: #PAPH2413686

Listing Office:

  • Office Name: BHHS Fox & Roach The Harper at Rittenhouse Square
  • Office Phone: (215) 546-0550
  • Listing Agent: Marc A. Hammarberg

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: 11/22/2024, 1:20:56 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

Sep 27, 2016Home Sold
$445,000
Jan 10, 2008Home Sold
$130,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,303 -
2019$6,241$445,900
2018$5,967$426,300
2017$4,100$292,900

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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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-628538
7
/10

  • Horatio B. Hackett School

  • 2161 E York St

  • 0.26 miles

  • Public District Grades KG-5

school-card-donut-628539
1
/10

  • Isaac A. Sheppard Elementary School

  • 120 W Cambria St

  • 0.72 miles

  • Public District Grades KG-4

school-card-donut-628540
3
/10

  • Frances E. Willard School

  • 2900 Emerald St

  • 0.75 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,071. Typical income of Philadelphia, PA residents is less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19125›2557 Amber St

This home is located at 2557 Amber St in Philadelphia, PA and zip code 19125 in the Bridesburg / Kensington / Richmond neighborhood. This 3,609 square foot home, which was built in 1875, sits on a 0.03 acre lot. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $750,000.

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 homes for sale in Philadelphia, PA increased by 9.8% between September 2024 and October 2024. In October 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $261,807.

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

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