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2040 S Philip Street, Philadelphia, PA 19148
$249,000
2040 S Philip Street, Philadelphia, PA 19148View this property at 2040 S Philip Street, Philadelphia, PA 19148
2040 S Philip StreetPhiladelphiaPA19148
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Property Description
Fantastic PENNSPORT investor opportunity! Two-unit multifamily/commercial apartment building with gated entry foyer and separate entrances. Two-story building with 16'x49' lot size and desirable CMX2 zoning. 1st floor and basement: Vacant bi-level/needs work. Cleaned-out in empty complete shell condition. Nearly 8' high basement ceilings with a poured concrete floor. Finish a renovation as a basic 1-bedroom mirror to the 2nd floor apartment OR a 2-bedroom bi-level apartment (or commercial uses possible). 2nd floor: Nice 1 bedroom / 1 bath apartment with gas cooking, gas heat and wall A/C ready to lease. Prime neighborhood and ideal location. Convenient for parking and transportation. Walk Score of 91 (Walker's Paradise). Walking distance to restaurants, bars, shopping and parks. Close to Target, ACME Markets and dozens of retail stores including Lowes, Ikea, Home Depot and Walmart.
Full Property Details
Full Property Details for 2040 S Philip St
General
- Price: $249,000
- Taxes: $3,108 (2022)
- Status: Active
- Type: Duplex
- MLS ID: PAPH2356940
- Updated: 5/21/2024
- Added to Site: 13 day(s) ago
Interior
- Interior Features: Carpet, Kitchen - Eat-In, Recessed Lighting
- Appliances: Oven/Range - Gas, Range Hood, Refrigerator, Water Heater
Parking
- Parking Features: Public
- Parking Type: On Street
Location
- Area: 19148 (19148)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: Pennsport
- Subdivision: Pennsport
- Cross Streets: Snyder Ave
- Driving Directions: 2nd property in on S. Philip St from Snyder Ave between S. 2nd St and S. 3rd St. Convenient parking on Snyder Ave for showings.
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Cooling Type: Wall Unit
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Poured Concrete, Unfinished, Windows
- Foundation: Stone
- Roof: Rubber
- Stories/Levels: 0
- Square Feet: 968
- Sq. Ft. Source: Assessor
- Living Area: 968 Sq. Ft.
- Finished Above Grnd: 968 Sq. Ft.
- Year Built: 1920
- Year Built Source: Assessor
Unit Information
- 1 Bedroom Units: 2
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 781
- Lot Size Source: Estimated
- Lot Dimensions: 16.00 x 49.00
- Lot Features: Rear Yard, SideYard(s)
- Zoning: CMX2
- Lot Description: Rear Yard, SideYard(s)
Financial Considerations
- Price Per Sq. Ft.: $257.23
- Assessment Year: 2023
- School Tax: $1,705
- City/TownTax: $1,403
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $222,100
- Tax Amount: $3,108
- Tax Year: 2022
- Tax Total Finished Sq. Ft.: 968
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Inclusions: installed appliances and wall a/c included in as-is condition
- Lot Number: 174
Listed by The Greene Realty Group, Derek J. Greene
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Schools
Schools serving 2040 S Philip St
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
2300 S 2nd St, Philadelphia, PA 19148 | K-8 | 0.2 mi | |
1900 S 3rd St, Philadelphia, PA 19148 | 9-12 | 0.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2040 S Philip St
Date
Details
Price
Change
Source
5/21/2024
Listed
$249,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2040 S Philip St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,109
20%
$222,100
100%
2021
$2,601
-16%
-100%
2022
$3,109
18%
$222,100
18%
2020
$2,629
8%
$187,800
8%
2019
$2,426
32%
$173,300
32%
2018
$1,842
—
$131,600
—
2017
$1,842
—
$131,600
—
2016
$1,842
4%
$131,600
—
2015
$1,763
—
$131,600
—
2014
$1,763
115%
$131,600
1470%
2013
$819
—
$8,384
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2040 S Philip St
2040 S Philip Street, Philadelphia, PA 19148 (MLS# PAPH2356940) is a Duplex property with 0 bedrooms and 0 full bathrooms. 2040 S Philip Street is currently listed for $249,000 and was received on May 21, 2024. Want to learn more about 2040 S Philip Street? Do you have questions about finding other Duplex real estate for sale in Pennsport? You can browse all Pennsport real estate or contact a Coldwell Banker agent to request more information.