Back on the market ! Their loss I s your gain ! This Triplex is located in a robust real estate area. These highly sought three unit buildings are in demand. This property is located close to university city. Public transportation is very accessible. Now to 4908 Arch Street. The property is home to two long term tenants. The second floor 2 bedroom unit is available for those looking to purchase as an owner occupant. This property qualifies for MANY MANY grants and downpayment assistance programs! Some for of these programs are for first time home owners AND SOME DO NOT REQUIRE YOU TO BE A FIRST TIME HOME OWNER! Some of the residents call this home for over two decades. The property has separate utilities. The property is being sold in as-is condition. The Buyer will be responsible for the Resale cert and any required repairs. The buyer will also pay all transfer tax as well. Other properties in the three block radius have sold for well over 350k.
Property Details
Property Features
Property Information:
Architectural Style: Trinity
Year Built: 1915
Living Area: 2,040 SqFt
Listing Office:
Office Name: Chennault Real Estate
Office Phone: (215) 995-6852
Listing Agent: Keith M Chennault
Exterior Features
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot Size: 0.03 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: None
School Info
Assigned Schools Information:
West Philadelphia High School, Public District Grades 9-12
Alain Locke Elementary School, Public District Grades KG-8
Other
Directions Information:
Directions: 50TH STREET TO ARCH
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $245,000
Price Per SqFt: $120/SqFt
Tax Information:
Annual Amount: $1,627
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $15.3K less than the Median Sold Price and $78/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: #PAPH2097724
Listing Office:
Office Name: Chennault Real Estate
Office Phone: (215) 995-6852
Listing Agent: Keith M Chennault
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,290
Per Month
Principal & Interest
$1,223
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$801
Powered By
Advertisement
NMLS#3030
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
2
/10
Alain Locke Elementary School
4550 Haverford Ave
Distance between this listing and this school0.41 miles
Public District Grades KG-8
High School
2
/10
West Philadelphia High School
4901 Chestnut St
Distance between this listing and this school0.21 miles
Public District Grades 9-12
Assigned Schools
2
/10
Alain Locke Elementary School
4550 Haverford Ave
Distance between this listing and this school0.41 miles
Public District Grades KG-8
Nearby Schools
3
/10
James Rhoads Elementary School
4901 Parrish St
Distance between this listing and this school0.46 miles
Public District Grades KG-8
5
/10
Henry C. Lea School
4700 Locust St
Distance between this listing and this school0.48 miles
Public District Grades PK-8
Nearby Schools
6
/10
Middle Years Alternative School for the Humanities MYA
4725 Fairmont Ave
Distance between this listing and this school0.33 miles
Public District Grades 5-8
3
/10
Global Leadership Academy Charter School
4601 W Girard Ave
Distance between this listing and this school0.89 miles
Public Charter Grades KG-8
4
/10
Discovery Charter School
4700 Parkside Ave
Distance between this listing and this school1.18 miles
Public Charter Grades KG-8
Assigned Schools
2
/10
West Philadelphia High School
4901 Chestnut St
Distance between this listing and this school0.21 miles
Public District Grades 9-12
Nearby Schools
4
/10
Parkway West
4725 Fairmont Ave
Distance between this listing and this school0.33 miles
Public District Grades 9-12
5
/10
Paul Robeson High School For Human Services
4125 Ludlow St
Distance between this listing and this school0.81 miles
The neighbors living near this home have an average income of $15,172. Most Philadelphia, PA residents have annual incomes less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 4908 Arch St in Philadelphia, PA and zip code 19139 in the Dunlap neighborhood. This 2,040 square foot home, which was built in 1915, sits on a 0.03 acre lot. It has been listed on Rocket Homes since March 29, 2022 and is currently priced at $245,000.
While more than 210 listings in Philadelphia, PA in September 2024 were sold above asking price, there were more than 203 listings sold at asking price, and more than 494 were sold below. The number of homes for sale in Philadelphia, PA increased by 7.8% between August 2024 and September 2024. Listings spent 46 days on the market in September 2024, and had a median list price of $260,372 during the same period.
From Rocket Homes Real Estate and based on county public records data.