StatusAccepting Backup Offers (ACTIVE UNDER CONTRACT)
About 6139 Chestnut St
Discover a golden opportunity in this beautifully renovated multi-family property, perfect for savvy investors looking to maximize their rental income. This charming two-unit dwelling has been thoughtfully updated to offer modern comforts and stylish living spaces. Step inside and be greeted by gleaming laminate floors and tasteful recessed lighting throughout, creating an inviting atmosphere in both units. The first floor boasts a brand-new kitchen equipped with sleek stainless steel appliances, perfect for whipping up culinary delights. This bi-level unit features a fully finished basement, adding extra living space and flexibility for tenants or owners alike. Ascend to the second floor, where you'll find another impeccably designed unit with its own brand-new kitchen, also outfitted with top-of-the-line stainless steel appliances. Both units offer spacious bathrooms, ensuring comfort and convenience for all occupants. One of the standout features of this property is its generous backyard, providing a wonderful outdoor retreat for relaxation or entertainment. The quality of the build is evident in every corner, from the carefully chosen finishes to the efficient central air conditioning system that keeps both units comfortably cool in summer and cozy in winter. Investors will appreciate the potential for steady rental income from this well-maintained multi-family property. With its desirable features and thoughtful renovations, it's sure to attract quality tenants and provide a solid return on investment. Don't miss this chance to add a gem to your real estate portfolio. Schedule a viewing today and see for yourself why this property is the cream of the crop in multi-family investments!
Property Details
Property Features
Property Information:
Architectural Style: Straight Thru
Year Built: 1925
Living Area: 1,232 SqFt
Listing Office:
Office Name: Giraldo Real Estate Group
Office Phone: (215) 745-0101
Listing Agent: BRIAN CHICA
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot Size: 0.04 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: S 61st St and S 62nd St
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $340,000
Price Per SqFt: $276/SqFt
Tax Information:
Annual Amount: $640
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 $78.1K more than the Median Sold Price and $77/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: #PAPH2410434
Listing Office:
Office Name: Giraldo Real Estate Group
Office Phone: (215) 745-0101
Listing Agent: BRIAN CHICA
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.
$1,764
Per Month
Principal & Interest
$1,697
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
$1,086
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
West Philadelphia Achievement Ces
6701 Callowhill St
Distance between this listing and this school0.83 miles
Public Charter Grades KG-5
3
/10
Universal Institute Charter School at Bluford
5801 Media St
Distance between this listing and this school0.98 miles
Public Charter Grades KG-6
3
/10
Stonehurst Hills Elementary School
7051 Ruskin Ln
Distance between this listing and this school1.02 miles
Public District Grades KG-5
Nearby Schools
4
/10
Comm. John Barry Elementary School
5900 Race St
Distance between this listing and this school0.37 miles
Public District Grades KG-8
3
/10
W. C. Bryant Promise Academy
6001 Cedar Ave
Distance between this listing and this school0.58 miles
Public District Grades KG-8
3
/10
Andrew Hamilton School
5640 Spruce St
Distance between this listing and this school0.60 miles
Public District Grades KG-8
Nearby Schools
3
/10
William L. Sayre High School
5800 Walnut St
Distance between this listing and this school0.38 miles
Public District Grades 9-12
4
/10
Boys Latin of Philadelphia Charter School
5501 Cedar Ave
Distance between this listing and this school0.86 miles
Public Charter Grades 6-12
3
/10
Motivation High School
5900 Baltimore Ave
Distance between this listing and this school1.14 miles
The neighbors living near this home have an average income of $34,792. The most common annual income of people living in Philadelphia, PA is less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 6139 Chestnut St in Philadelphia, PA and zip code 19139 in the Cobbs Creek neighborhood. This 1,232 square foot home, which was built in 1925, sits on a 0.04 acre lot. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $340,000.
Over 252 listings were sold over their listed price in October 2024 in Philadelphia, PA. In the same period over 567 listings were sold below the listed price and 237 listings were sold for the listed price. The number of listings in Philadelphia, PA increased by 9.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 44 days, the median list price was $261,807.
From Rocket Homes Real Estate and based on county public records data.