5 months on rocket

638 S St, Philadelphia, PA, 19147

$1,799,000

Home List Price

$10,000*

Closing Credit

0 Baths
6,258 SqFt
$287/SqFt
House

Location

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638 S St, Philadelphia$1,799,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOn Street
Year Built1920
HeatingForced Air
CoolingCentral Air
MLS #PAPH2377130
Lot Size0.05 Acres
StatusActive
(ACTIVE)

About 638 S St

Welcome to 638 South Street! Located on one of Philadelphia’s most popular and well known streets, you don’t want to miss out on this investment opportunity. This building includes a retail store front and 4 residential, two bedroom apartments. This amazing cash producing investment opportunity is fully occupied currently producing a 6.9% cap rate! The retail space includes a half bathroom and a basement for storage. Two of the apartments face South Street, and the other two apartments face Kater Street. The apartments are located on the second and third floors of the building and all have separate entrances. The residential apartments include recessed living room lighting, beautiful hardwood floors in the living/kitchen area, stainless steel kitchen appliances, great natural light, and ceiling fans in the bedrooms. The units each have central air/heat controlled with a Nest thermostat, an in-unit washer/dryer set, dishwasher, and separate utilities. Residents will find themselves experiencing all that South Street has to offer. Only a short walk or distance away from some of the most popular attractions in the area including, markets, parks, museums, cafes & restaurants, shops, nightlife, and more! Visit Penn’s Landing and its many piers or the Liberty Bell in Philadelphia which are both nearby. There is plenty of public transportation nearby, including buses, trains, and subways, which take you anywhere you’d like to go in Philadelphia and the surrounding area. Don’t miss out on this great investment opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1920
  • Living Area: 6,258 SqFt

Listing Office:

  • Office Name: Becker Capital, LLC
  • Office Phone: (445) 227-3555
  • Listing Agent: Cordell Kevin Becker

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Please use GPS.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,799,000
  • Price Per SqFt: $287/SqFt

Tax Information:

  • Annual Amount: $15,581
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Map thumbnail provided by MapBox

Philadelphia, PA

City

Med. Sold Price

$265.3K

Med. Price/SqFt

$200

Avg. Days On Market

45

# of Sold Homes

946

638 S St vs Philadelphia

158 DAYS ON ROCKET

+113 Days

$1,799,000

+$1.5M More

$287/SqFt

+$86 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $86/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: #PAPH2377130

Listing Office:

  • Office Name: Becker Capital, LLC
  • Office Phone: (445) 227-3555
  • Listing Agent: Cordell Kevin Becker

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: 12/22/2024, 4:20:55 AM 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$15,581 -
2019$15,427$1,102,100
2018$18,948$1,353,600
2017$7,350$525,100

History based on county public records data.

Payment Calculator

$9,046

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,460

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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-871718
5
/10

  • Francis Scott Key School

  • 2230 S 8th St

  • 1.51 miles

  • Public District Grades KG-6

school-card-donut-871719
1
/10

  • Hope Community Charter School

  • 836 S 4th St

  • 1.71 miles

  • Public Charter Grades KG-6

school-card-donut-871720
3
/10

  • Stephen Girard Elementary School

  • 1800 Snyder Ave

  • 1.73 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,420. Residents of Philadelphia, PA typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 638 S St

What is the listing price of this property?

The listing price of 638 S St property is $1,799,000.

What type of property is this?

The property 638 S St is a house located in Philadelphia, Pennsylvania, 19147.

Is this property for sale now?

Active Listing: 638 S 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 $15,581 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 638 S St is 6,258 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 638 S St is 1920.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19147›638 S St

This home is located at 638 S St in Philadelphia, PA and zip code 19147 in the South Philadelphia neighborhood. This 6,258 square foot home, which was built in 1920, sits on a 0.05 acre lot. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $1,799,000.

Over 219 listings were sold over their listed price in November 2024 in Philadelphia, PA. In the same period over 523 listings were sold below the listed price and 204 listings were sold for the listed price. The inventory of homes for sale in Philadelphia, PA between October 2024 and November 2024 increased by 1.8%. While the average time on the market in November 2024 was 45 days, the median list price was $265,372.

From Rocket Homes Real Estate and based on county public records data.

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