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402 W Berks St Unit 1, Philadelphia, PA, 19122

$339,998

Home List Price

$4,037*

Closing Credit

3 Bedrooms
3 Full Baths
1,558 SqFt
$218/SqFt
Condo

Location

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402 W Berks St Unit 1, Philadelphia$339,998

Buyer Closing Credits

$4,037*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street
Year Built2019
HeatingForced Air, Hot Water
CoolingCentral Air
BasementYes
MLS #PAPH2404164
StatusActive
(ACTIVE)

About 402 W Berks St Unit 1

Welcome to 402 W Berks St, a stunning first-floor condo located in the heart of Philadelphia’s vibrant neighborhood. This RECENTLY BUILT Bi-Level condo features a spacious 3-bedrooms and 3-bathrooms and offers the perfect blend of modern luxury and urban convenience. INVESTOR ALERT. As a NEW investor, you can rent out the rooms or even the entire 2 level condo as you expand your investment portfolio. Coupled with the Tax abatement this condo has until 2031, you could be CASHFLOWING IMMEDIATELY. Market rent for a room is approximately $850 - $950 while market rent for the entire condo is around $2350. Give us a call if you would like more details on investing options for this property. For homeowners, the chef's kitchen is a culinary dream, boasting high-end stainless steel appliances, sleek countertops, and ample cabinet space—perfect for entertaining or everyday cooking. This condo also has a tax abatement which means the new home owner will have to pay little or no property taxes until 2031. Step outside to your private patio backyard, an urban oasis ideal for relaxing or hosting guests. Surrounded by new construction, this area thrives with growth, making it a prime investment opportunity. Enjoy the convenience of living near various trendy restaurants, cafes, and boutique stores just a short walk away. Don't miss your chance to own a piece of this rapidly developing community! Please note the home has been virtually staged.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2019
  • Stories: 2
  • Living Area: 1,558 SqFt

Listing Office:

  • Office Name: Fierce Realty Corp.
  • Office Phone: (484) 934-2744
  • Listing Agent: Deborah A. Spence

Interior Features

Interior Information:

  • Appliances: Microwave, Dryer, Dishwasher, Washer, Refrigerator, Stainless Steel Appliances
  • Basement: Yes
  • Flooring Type: Luxury Vinyl Plank
  • Interior: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Efficiency, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-in Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Exterior Lighting, Sidewalks, Street Lights

Parking Information:

  • Parking: On Street

Utilities

Utilities Information:

  • Heating: Forced Air, Hot Water
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Coming From Center City Philadelphia, PA Head west on Ludlow St toward S Clifton St Take Market St, N 5th St, and N Front St to W Berks St Turn left onto W Berks St. The destination will be on the left

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $339,998
  • Price Per SqFt: $218/SqFt
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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

402 W Berks St Unit 1 vs Philadelphia

50 DAYS ON ROCKET

+6 Days

$339,998

+$78.1K More

$218/SqFt

+$19 More

KEY TAKEAWAY

This property is $78.1K more than the Median Sold Price and $19/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: #PAPH2404164

Listing Office:

  • Office Name: Fierce Realty Corp.
  • Office Phone: (484) 934-2744
  • Listing Agent: Deborah A. Spence

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: 11/21/2024, 1:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-302064
6
/10

  • John Moffet Elementary School

  • 127 W Oxford St

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-302065
7
/10

  • Horatio B. Hackett School

  • 2161 E York St

  • 0.77 miles

  • Public District Grades KG-5

school-card-donut-302066
1
/10

  • Isaac A. Sheppard Elementary School

  • 120 W Cambria St

  • 1.11 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 $26,563. The most common annual income of people living in Philadelphia, PA is less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 402 W Berks St Unit 1

What is the listing price of this property?

The listing price of 402 W Berks St Unit 1 property is $339,998.

What type of property is this?

The property 402 W Berks St Unit 1 is a condo located in Philadelphia, Pennsylvania, 19122.

Is this property for sale now?

Active Listing: 402 W Berks St Unit 1 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 402 W Berks St Unit 1 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 402 W Berks St Unit 1 is 1,558 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 402 W Berks St Unit 1 is 2019.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19122›402 W Berks St Unit 1

This home is located at 402 W Berks St Unit 1 in Philadelphia, PA and zip code 19122 in the Hartranft neighborhood. This 1,558 square foot home was built in 2019. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $339,998.

In October 2024 more than 252 listings in Philadelphia, PA were sold above the asking price. During the same period more than 237 listings were sold at asking price, while more than 567 were sold below. The inventory of homes for sale in Philadelphia, PA between September 2024 and October 2024 increased by 9.8%. The median list price of listings available in October 2024 was $261,807, while the average time on the real estate market was 44 days.

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

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