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3340 Potter St, Philadelphia, PA, 19134

$54,999

Home List Price

$653*

Closing Credit

3 Bedrooms
1 Full Bath
1,120 SqFt
$49/SqFt
Townhouse

Location

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3340 Potter St, Philadelphia$54,999

Buyer Closing Credits

$653*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOn Street
Year Built1920
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #PAPH2421716
Lot Size0.02 Acres
StatusActive
(ACTIVE)

About 3340 Potter St

Investor's Dream – Prime Multi-Family Conversion Opportunity! Welcome to 3340 Potter St, a rare find in the heart of Philadelphia’s thriving real estate market. This RM1 zoned property offers incredible potential for investors and developers looking to convert a single-family home into a multi-family residence. Already cleaned and fully demoed, this property is a true blank canvas—just walk in and start your transformation. With RM1 zoning, you have the green light to create a multi-unit building (subject to city approval) that can maximize rental income and take advantage of Philadelphia’s growing demand for rental properties. The hard work is done—this home has already been stripped down, giving you a clean slate to design your dream investment project. Whether you're looking to add multiple units or explore other development possibilities, the potential here is endless. The location offers convenient access to major roadways, public transportation, and nearby amenities, ensuring long-term value and tenant appeal. Key Features:- RM1 Zoning for Multi-Family Conversion- Clean, Fully Demoed Interior—Ready for Renovation- Spacious layout for flexible unit configurations- Prime location with easy access to public transit and highways- Investor-friendly opportunity with high potential return on investment Accepting Cash or Hard Money Offers Only This is a fantastic opportunity for cash investors or those with access to hard money financing. Come see it today and bring your vision to life!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1920
  • Stories: 2
  • Living Area: 1,120 SqFt

Listing Office:

  • Office Name: The Greene Realty Group
  • Office Phone: (860) 560-1006
  • Listing Agent: Derek J. Greene

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 2241 7/8 NE OF I ST

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $54,999
  • Price Per SqFt: $49/SqFt

Tax Information:

  • Annual Amount: $739
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$265.3K

Med. Price/SqFt

$200

Avg. Days On Market

45

# of Sold Homes

946

3340 Potter St vs Philadelphia

32 DAYS ON ROCKET

-13 Days

$54,999

-$210.3K Less

$49/SqFt

-$152 Less

KEY TAKEAWAY

This property is $210.3K less than the Median Sold Price and $152/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: #PAPH2421716

Listing Office:

  • Office Name: The Greene Realty Group
  • Office Phone: (860) 560-1006
  • Listing Agent: Derek J. Greene

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: 12/22/2024, 9:20:57 AM 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$739 -
2019$685$49,000
2018$605$43,200
2017$605$43,200

History based on county public records data.

Payment Calculator

$342

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$231

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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-933482
2
/10
  • Philip H. Sheridan Elementary School

  • 800 E Ontario St

  • 0.24 miles

  • Public District Grades KG-4

school-card-donut-933483
4
/10
  • John H. Webster Elementary School

  • 3400 Frankford Ave

  • 0.31 miles

  • Public District Grades KG-5

school-card-donut-933484
4
/10
  • Deep Roots Charter School

  • 3556 Frankford Ave

  • 0.44 miles

  • Public Charter Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,133. The most common annual income of people living in Philadelphia, PA is less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3340 Potter St

What is the listing price of this property?

The listing price of 3340 Potter St property is $54,999.

What type of property is this?

The property 3340 Potter St is a townhouse located in Philadelphia, Pennsylvania, 19134.

Is this property for sale now?

Active Listing: 3340 Potter St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $739 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3340 Potter St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 3340 Potter St is 1,120 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3340 Potter St is 1920.

Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia191343340 Potter St

This home is located at 3340 Potter St in Philadelphia, PA and zip code 19134 in the Bridesburg / Kensington / Richmond neighborhood. This 1,120 square foot home, which was built in 1920, sits on a 0.02 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $54,999.

While more than 219 listings in Philadelphia, PA in November 2024 were sold above asking price, there were more than 204 listings sold at asking price, and more than 523 were sold below. The number of listings in Philadelphia, PA increased by 1.8% between October 2024 and November 2024. In November 2024 median list price was $265,372 and the average listing age was 45 days.

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

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