2 months on rocket

3202 Hamilton St, Philadelphia, PA, 19104

$1,395,000

Home List Price

$10,000*

Closing Credit

0 Baths
5,658 SqFt
$247/SqFt
Multi

Location

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3202 Hamilton St, Philadelphia$1,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingNone
Year Built1870
HeatingForced Air
CoolingCentral Air
MLS #PAPH2376868
Lot Size0.05 Acres
StatusActive
(ACTIVE)

About 3202 Hamilton St

This sale includes both 3202 and 3204 Hamilton st buildings This exceptional real estate opportunity encompasses both 3202 and 3204 Hamilton St buildings, offering a rare chance to acquire a PRIME location generational investment acquisition opportunity. This turnkey 4-unit property is in the heart of Powelton Village and Drexel University. Each building consists of two units, presenting a total of four units for potential investment. The property boasts fully leased units until the end of August 2025 currently generating a total of $11,150 per month, offering 7+ cap rate. Each bi-level unit features a spacious open-concept common area, fully equipped kitchen, large bedrooms with full closets, hardwood floors, recessed lighting, modern bathrooms, and separate washer/dryer. Additionally, both Unit 1s are accompanied by a good-size backyard for outdoor space, and all units are metered separately. This building has been fully gutted and partially rebuilt few years ago, offering newer mechanicals, plumbing, electrical and more. The location is unbeatable , appealing to students, medical professionals, and university staff due to its close proximity to Drexel University, Upenn, and nearby hospitals. Furthermore, with an abundance of public transportation options and its convenience to Downtown Philadelphia, the property is well-positioned for future appreciation potential. The ongoing new developments in the area, such as Schuylkill Yards, Science Center, and University Place 3.0, further underscore the potential for long-term growth and appreciation. This multifamily investment opportunity is not to be missed, offering a strong rental history and significant potential for appreciation. Act fast, properties like this one are rare to come to the market!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1870
  • Living Area: 5,658 SqFt

Listing Office:

  • Office Name: Compass Pennsylvania, LLC
  • Office Phone: (267) 435-8015
  • Listing Agent: Reda B Akbil

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • West Philadelphia High School, Public District Grades 9-12
  • Middle Years Alternative School for the Humanities MYA, Public District Grades 5-8
  • Samuel Powel Elementary School, Public District Grades KG-4

Other

Directions Information:

  • Directions: Hamilton st

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,395,000
  • Price Per SqFt: $247/SqFt

Tax Information:

  • Annual Amount: $3,887
  • 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

3202 Hamilton St vs Philadelphia

72 DAYS ON ROCKET

+28 Days

$1,395,000

+$1.1M More

$247/SqFt

+$48 More

KEY TAKEAWAY

This property is $1.1M 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: #PAPH2376868

Listing Office:

  • Office Name: Compass Pennsylvania, LLC
  • Office Phone: (267) 435-8015
  • Listing Agent: Reda B Akbil

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: 11/5/2024, 6:20:52 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$3,887 -
2019$3,741$622,300
2018$2,003$333,100
2017$2,003$333,100

History based on county public records data.

Payment Calculator

$7,030

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,249

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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.

Elementary School

school-card-donut-2061323
5
/10
  • Samuel Powel Elementary School

  • 301 N 36th St

  • 0.28 miles

  • Public District Grades KG-4

Middle School

school-card-donut-2061324
6
/10
  • Middle Years Alternative School for the Humanities MYA

  • 4725 Fairmont Ave

  • 1.41 miles

  • Public District Grades 5-8

High School

school-card-donut-2061325
2
/10
  • West Philadelphia High School

  • 4901 Chestnut St

  • 1.65 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,758. The majority of Philadelphia, PA residents have income less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19104›3202 Hamilton St

This home is located at 3202 Hamilton St in Philadelphia, PA and zip code 19104 in the Powelton neighborhood. This 5,658 square foot home, which was built in 1870, sits on a 0.05 acre lot. It has been listed on Rocket Homes since August 25, 2024 and is currently priced at $1,395,000.

Philadelphia, PA housing market in October 2024 saw over 252 listings sold above listed price, more than 237 sold at listed price and over 567 sold below. Between September 2024 and October 2024, Philadelphia, PA real estate market has seen increase in the number of listings by 9.8%. 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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