5 months on rocket

426 S 42nd St, Philadelphia, PA, 19104

$795,000

Home List Price

$9,441*

Closing Credit

0 Baths
3,150 SqFt
$252/SqFt
Multi

Location

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426 S 42nd St, Philadelphia$795,000

Buyer Closing Credits

$9,441*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1930
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #PAPH2368980
Lot Size0.07 Acres
StatusActive
(ACTIVE)

About 426 S 42nd St

Two BRAND NEW kitchens, EIGHT bedrooms, SO MANY possibilities-, have an extra floor for family and friends, create the group living you've always dreamed of, or live in one portion and rent the other. Investor? This fully rent to rent property has been successfully leased for 20 years, and that was *before* the new kitchens went in. This attractive Queen Anne twin on a tree-lined street in Spruce Hill has 8, count ‘em EIGHT bedrooms. Zoned as a multi-family (duplex), the property could be owner occupied and the other unit rented out for consistent income, or two families could share the space, OR have an amazing extra space for family or friends OR use a floor for your art studio OR… so many possibilities. The rooms are large, bright, and comfortable, with big windows and wood floors. The first floor unit starts in a huge living room with a massive front window and decorative fireplace, followed by a brand new eat-in kitchen, full bath, and 2 bedrooms. The second floor has 3 large rooms that could be living or bedrooms, and another full bath. The third floor is 2 bedrooms, another full bath, and the brand new kitchen for this unit. Then the finished attic provides yet another bedroom upstairs, for a total of 9 potential bedrooms or living spaces. There are lots of ways tenants or owners could utilize all of that space. The basement is unfinished, tall, and clean, with two water heaters, two HVAC systems (central air throughout), laundry for the building, and wired fire alarms/CO detectors. You could easily have a workshop or gym down there, with plenty of room for storage. The exterior of this property is gorgeous, with an inviting front porch, incredible brick detail, and a wide back patio for gatherings and enjoying the trees. The location is what really sets this opportunity apart, just a short distance from Penn, Drexel, Clark Park, and everything you want out of West Philly. And it’s not just in the coveted Penn Alexander catchment, the school is around the corner. If you’re looking for a home with options, this is the one.

Property Details

Property Features

Property Information:

  • Architectural Style: Straight Thru
  • Year Built: 1930
  • Living Area: 3,150 SqFt

Listing Office:

  • Office Name: Elfant Wissahickon-Rittenhouse Square
  • Office Phone: (215) 893-9920
  • Listing Agent: Benjamin M Camp

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood
  • Interior: 2nd Kitchen

Exterior Features

Parking Information:

  • Parking: On Street

Virtual/3D Tour

  • 3D Tour: 426 S 42nd St
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Baltimore Ave to S 42nd Street North on S 42nd Street to Property

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $795,000
  • Price Per SqFt: $252/SqFt

Tax Information:

  • Annual Amount: $7,199
  • 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

426 S 42nd St vs Philadelphia

151 DAYS ON ROCKET

+107 Days

$795,000

+$533.1K More

$252/SqFt

+$53 More

KEY TAKEAWAY

This property is $533.1K more than the Median Sold Price and $53/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: #PAPH2368980

Listing Office:

  • Office Name: Elfant Wissahickon-Rittenhouse Square
  • Office Phone: (215) 893-9920
  • Listing Agent: Benjamin M Camp

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

Tax History

YEARPROP. TAXASSESSMENT
2020$7,199 -
2019$6,929$495,000
2018$4,363$311,700
2017$4,363$311,700

History based on county public records data.

Payment Calculator

$4,035

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,450

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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-303538
5
/10
  • Samuel Powel Elementary School

  • 301 N 36th St

  • 1.02 miles

  • Public District Grades KG-4

school-card-donut-303539
3
/10
  • Inquiry Charter School

  • 1301 Belmont Ave

  • 1.72 miles

  • Public Charter Grades PK-5

school-card-donut-303540
5
/10
  • Thomas G. Morton School

  • 2501 S 63rd St

  • 2.09 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,985. Typical income of Philadelphia, PA residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia19104426 S 42nd St

This home is located at 426 S 42nd St in Philadelphia, PA and zip code 19104 in the Spruce Hill neighborhood. This 3,150 square foot home, which was built in 1930, sits on a 0.07 acre lot. It has been listed on Rocket Homes since June 22, 2024 and is currently priced at $795,000.

In October 2024, from all listings sold in Philadelphia, PA there were more than 252 sold above asking price, over 567 sold below and more than 237 were sold right at the asked price. 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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