Discover the Potential at 6240 Wheeler Street: Offered "as is," this 2-bedroom, 1-bath home is a blank canvas for investors or DIY enthusiasts. Although it requires some updates, its solid structure and functional layout make it an ideal candidate for a profitable rental property. Nestled in a tranquil neighborhood close to amenities, its location combines convenience with the charm of suburban living. A perfect opportunity for those looking to enter the property investment market or expand their portfolio, 6240 Wheeler Street promises significant returns with a touch of creativity and renovation. Sales agent has ownership interest in selling entity
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1920
Stories: 2
Living Area: 930 SqFt
Listing Office:
Office Name: Weichert Realtors
Office Phone: (215) 493-0900
Listing Agent: Irfan A Raza
Interior Features
Interior Information:
Basement: Yes
Interior: Kitchen - Eat-In
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 2
Exterior Features
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot Size: 0.02 Acres
Utilities
Utilities Information:
Heating: Other
Cooling: None
Other
Directions Information:
Directions: GPS
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $99,000
Price Per SqFt: $106/SqFt
Tax Information:
Annual Amount: $984
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 $162.8K less than the Median Sold Price and $93/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: #PAPH2386440
Listing Office:
Office Name: Weichert Realtors
Office Phone: (215) 493-0900
Listing Agent: Irfan A Raza
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.
$562
Per Month
Principal & Interest
$495
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
$363
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
5
/10
Thomas G. Morton School
2501 S 63rd St
Distance between this listing and this school0.10 miles
Public District Grades KG-5
5
/10
Joseph W. Catharine School
6600 Chester Ave
Distance between this listing and this school0.63 miles
Public District Grades KG-5
2
/10
John M. Patterson Elementary School
7000 Buist Ave
Distance between this listing and this school0.76 miles
Public District Grades KG-4
Nearby Schools
3
/10
William T. Tilden Middle School
6601 Elmwood Ave
Distance between this listing and this school0.32 miles
Public District Grades 5-8
4
/10
Richard Allen Preparatory Charter School
2601 S 58th St
Distance between this listing and this school0.56 miles
Public Charter Grades 5-9
4
/10
Independence Charter School West
5600 Chester Ave
Distance between this listing and this school0.85 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
John Bartram High School
2401 S 67th St
Distance between this listing and this school0.37 miles
Public District Grades 9-12
5
/10
Mastery Charter School-Hardy Williams
5400 Warrington Ave
Distance between this listing and this school1.16 miles
Public Charter Grades KG-12
3
/10
Motivation High School
5900 Baltimore Ave
Distance between this listing and this school1.56 miles
The neighbors living near this home have an average income of $31,680. Residents of Philadelphia, PA typically earn less than $35k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 6240 Wheeler St
What is the listing price of this property?
The listing price of 6240 Wheeler St property is $99,000.
What type of property is this?
The property 6240 Wheeler St is a townhouse located in Philadelphia, Pennsylvania, 19142.
Is this property for sale now?
Active Listing: 6240 Wheeler 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 $984 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 6240 Wheeler St has 2 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 6240 Wheeler St is 930 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 6240 Wheeler St is 1920.
This home is located at 6240 Wheeler St in Philadelphia, PA and zip code 19142 in the Southwest Philadelphia neighborhood. This 930 square foot home, which was built in 1920, sits on a 0.02 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $99,000.
Philadelphia, PA housing market in October 2024 saw over 252 listings sold above listed price, more than 237 sold at listed price and over 567 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.