CoolingOther, Window Unit(s), Wall Unit(s), Central Air
BasementYes
MLS #PAPH2418172
Lot Size0.05 Acres
StatusActive (ACTIVE)
About 6332 Elmwood Ave
Now is the opportunity for investors to explore 6332 Elmwood Avenue, a three-story multi-family property ready to be your next project. Soaring past 3,000sqft ++ this property has a main level living space (ready to be converted into a separate unit) as well as two upper level floors of (4) two bedroom, 1 bathroom units for a total of possibly five units (each with their own electrical panel). The main level is framed out and rather spacious, extending the whole length of the property. The (4) upstairs units need your finishing renovations but are framed out and separated, just awaiting your vision and finish. Projected monthly rental income for the (4) two bedroom units alone is $3,800 (estimated $950 a month for each upper level unit). Design the main level area to maximize your rental income, maximizing your portfolio! Consider adding seeing 6332 Elmwood Avenue to your list of investment properties today!
Property Details
Property Features
Property Information:
Architectural Style: Straight Thru, Unit/Flat
Year Built: 1920
Living Area: 3,396 SqFt
Listing Office:
Office Name: RE/MAX One Realty
Office Phone: (215) 467-2892
Listing Agent: Steven T Hull
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: Off Street, On Street
Lot Features
Lot Information:
Lot Size: 0.05 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Other, Window Unit(s), Wall Unit(s), Central Air
Other
Directions Information:
Directions: Use GPS
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $229,900
Price Per SqFt: $68/SqFt
Tax Information:
Annual Amount: $1,421
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 $35.4K less than the Median Sold Price and $133/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: #PAPH2418172
Listing Office:
Office Name: RE/MAX One Realty
Office Phone: (215) 467-2892
Listing Agent: Steven T Hull
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.
$1,215
Per Month
Principal & Interest
$1,148
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
$756
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
2
/10
John M. Patterson Elementary School
7000 Buist Ave
Distance between this listing and this school0.65 miles
Public District Grades KG-4
5
/10
Joseph W. Catharine School
6600 Chester Ave
Distance between this listing and this school0.66 miles
Public District Grades KG-5
Nearby Schools
3
/10
William T. Tilden Middle School
6601 Elmwood Ave
Distance between this listing and this school0.23 miles
Public District Grades 5-8
4
/10
Richard Allen Preparatory Charter School
2601 S 58th St
Distance between this listing and this school0.64 miles
Public Charter Grades 5-9
4
/10
Southwest Leadership Academy Charter School
7101 Paschall Ave
Distance between this listing and this school0.81 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
John Bartram High School
2401 S 67th St
Distance between this listing and this school0.29 miles
Public District Grades 9-12
5
/10
Mastery Charter School-Hardy Williams
5400 Warrington Ave
Distance between this listing and this school1.29 miles
Public Charter Grades KG-12
3
/10
Motivation High School
5900 Baltimore Ave
Distance between this listing and this school1.66 miles
The neighbors living near this home have an average income of $15,946. Residents of Philadelphia, PA typically earn less than $35k each year. The majority of families are single, with kids. Residents of this area typically have high school diploma education.
This home is located at 6332 Elmwood Ave in Philadelphia, PA and zip code 19142 in the Southwest Philadelphia neighborhood. This 3,396 square foot home, which was built in 1920, sits on a 0.05 acre lot. It has been listed on Rocket Homes since November 10, 2024 and is currently priced at $229,900.
In November 2024, from all listings sold in Philadelphia, PA there were more than 219 sold above asking price, over 523 sold below and more than 204 were sold right at the asked price. In November 2024 in Philadelphia, PA there were 1.8% more homes for sale than in October 2024. Listings spent 45 days on the market in November 2024, and had a median list price of $265,372 during the same period.
From Rocket Homes Real Estate and based on county public records data.