1 month on rocket

262 S 11th St, Philadelphia, PA, 19107

$1,200,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,142 SqFt
$382/SqFt
Multi

Location

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262 S 11th St, Philadelphia$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingNone
Year Built1995
HeatingCentral
CoolingCentral Air
MLS #PAPH2397154
Lot Size0.02 Acres
StatusActive
(ACTIVE)

About 262 S 11th St

Prime Investment Opportunity in Washington Square West! This income-generating 3-unit multi-family building is perfectly positioned in the vibrant heart of Washington Square West. Just steps from Jefferson University, this property has a proven track record of attracting student tenants, ensuring steady rental demand. Each unit is well-maintained, offering comfortable living spaces in a high-demand area, making it an ideal addition to any investor’s portfolio. Also, the first-floor unit includes a private rear outdoor space, while the third-floor unit boasts a roof deck, adding desirable outdoor living areas to the mix. With the area’s consistent growth, close proximity to public transit, and endless amenities, this building promises a lucrative income stream for years to come. Don't miss this opportunity to invest in one of Philadelphia’s most sought-after rental markets!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1995
  • Living Area: 3,142 SqFt

Listing Office:

  • Office Name: SERHANT PENNSYLVANIA LLC
  • Office Phone: (610) 635-9977
  • Listing Agent: William M Prince

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: 11th Street between Spruce and Locust

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $382/SqFt

Tax Information:

  • Annual Amount: $10,679
  • 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

262 S 11th St vs Philadelphia

58 DAYS ON ROCKET

+14 Days

$1,200,000

+$938.1K More

$382/SqFt

+$183 More

KEY TAKEAWAY

This property is $938.1K more than the Median Sold Price and $183/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: #PAPH2397154

Listing Office:

  • Office Name: SERHANT PENNSYLVANIA LLC
  • Office Phone: (610) 635-9977
  • Listing Agent: William M Prince

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, 4:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$10,679 -
2019$10,334$738,300
2018$6,575$469,700
2017$6,575$469,700

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

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-415180
3
/10

  • Stephen Girard Elementary School

  • 1800 Snyder Ave

  • 1.79 miles

  • Public District Grades KG-4

school-card-donut-415181
5
/10

  • Francis Scott Key School

  • 2230 S 8th St

  • 1.80 miles

  • Public District Grades KG-6

school-card-donut-415182
7
/10

  • Abram Stockton Jenks School

  • 2501 S 13th St

  • 1.99 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,000. 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 post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19107›262 S 11th St

This home is located at 262 S 11th St in Philadelphia, PA and zip code 19107 in the Center City neighborhood. This 3,142 square foot home, which was built in 1995, sits on a 0.02 acre lot. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $1,200,000.

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 number of listings in Philadelphia, PA increased by 9.8% between September 2024 and October 2024. Listings spent 44 days on the market in October 2024, and had a median list price of $261,807 during the same period.

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

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