8 months on rocket

2656 S Shields St, Philadelphia, PA, 19142

$136,900

Home List Price

$1,626*

Closing Credit

0 Baths
960 SqFt
$143/SqFt
Multi

Location

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2656 S Shields St, Philadelphia$136,900

Buyer Closing Credits

$1,626*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1925
HeatingForced Air
CoolingNone
BasementYes
MLS #PAPH2336086
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 2656 S Shields St

NEW PRICE REDUCTION!! Attention Investors! A Lucrative Opportunity Awaits in the Elmwood Park Area at 📍2656 Shields St, Calling for Its Next Landlord! This multi-family property 🏡promises excellent cash flow potential with its 2 units. Upon entering, you'll immediately notice the well-maintained floors complemented bythe good condition of the walls. Each unit boasts a kitchen adorned with lovely Formica countertops. Unit 1 comprises 1 bedrooms 🛏️ and 1 bathroom🛀 on the first floor, and Unit 2 also features 2 bedrooms🛏️ and 1 bathroom🛀. With its strategic layout, this property holds tremendous potential, especially with the current upward trend in rental rates, enabling the new owner to generate substantial monthly passive income💰. Moreover, its location offers easy access to public transportation, shopping, and dining options, making it a great investment opportunity. Don't let this chance slip away! As a seasoned real estate professional, I stand ready to guide you through the exciting journey of exploring this investment further.

Property Details

Property Features

Property Information:

  • Architectural Style: Straight Thru
  • Year Built: 1925
  • Living Area: 960 SqFt

Listing Office:

  • Office Name: Rehobot Real Estate, LLC
  • Office Phone: (215) 716-7173
  • Listing Agent: Sergio Giraldo

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: On Shields St between Dicks Ave & Buist Ave.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $136,900
  • Price Per SqFt: $143/SqFt

Tax Information:

  • Annual Amount: $1,132
  • 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

$265.3K

Med. Price/SqFt

$200

Avg. Days On Market

45

# of Sold Homes

946

2656 S Shields St vs Philadelphia

252 DAYS ON ROCKET

+207 Days

$136,900

-$128.4K Less

$143/SqFt

-$58 Less

KEY TAKEAWAY

This property is $128.4K less than the Median Sold Price and $58/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2336086

Listing Office:

  • Office Name: Rehobot Real Estate, LLC
  • Office Phone: (215) 716-7173
  • Listing Agent: Sergio Giraldo

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: 12/23/2024, 12:21:02 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 17, 2020Home Sold
$127,000
Mar 20, 2020Home Sold
$56,000
Aug 16, 2017Home Sold
$55,000
Aug 14, 2017Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,132 -
2019$986$70,500
2018$914$65,300
2017$914$65,300

History based on county public records data.

Payment Calculator

$751

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$477

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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-1194404
5
/10

  • Thomas G. Morton School

  • 2501 S 63rd St

  • 0.39 miles

  • Public District Grades KG-5

school-card-donut-1194405
2
/10

  • John M. Patterson Elementary School

  • 7000 Buist Ave

  • 0.41 miles

  • Public District Grades KG-4

school-card-donut-1194406
5
/10

  • Joseph W. Catharine School

  • 6600 Chester Ave

  • 0.82 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 $17,222. Most Philadelphia, PA residents have annual incomes less than $35k. The most common type of family is single, with 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›19142›2656 S Shields St

This home is located at 2656 S Shields St in Philadelphia, PA and zip code 19142 in the Southwest Philadelphia neighborhood. This 960 square foot home, which was built in 1925, sits on a 0.03 acre lot. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $136,900.

Over 219 listings were sold over their listed price in November 2024 in Philadelphia, PA. In the same period over 523 listings were sold below the listed price and 204 listings were sold for the listed price. In November 2024 in Philadelphia, PA there were 1.8% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $265,372, while the average time on the real estate market was 45 days.

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

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