Philadelphia, PA 19147 819 S 11Th Street

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Presented By: KW Empower
  • MLS# PAPH2418994
  • 11/16/2024
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  • Beds • 5

Home Details

Whether you want to live in a triplex or purely invest, you can invest in your future with 1 or 2 fully occupied, cash-flowing triplexes in the popular Bella Vista/Italian Market neighborhoods of Philadelphia. The owners are ready to retire and pass on their success to you. With a 99% occupancy rate spanning 3 to 17 years, make your first investment an easy win, or add another solid multi-family building to your portfolio. Either way- its a win. If you want to move in, we are just a few months from being able to give notice to a current tenant to vacate so you can move into your favorite unit, or if you prefer, the tenants are happy, love the locations, and are paying near or at-market rents. At 1182, you wont have to worry about making changes after you buy, and at 819, you have the opportunity to make strategic upgrades when units turnover and increase the rents, year after year. Plus, theres potential to increase your earnings by renting out additional storage in the basements to the tenants or someone local who needs extra storage space (or use it for yourself!). Each tenant in each unit pays for their own gas and electric (separate utilities & mechanicals- yea!). The landlord only pays for water for the two buildings and common electric at 1182 S 11th St. Both buildings have the required fire alarms, legal triplex zoning, active rental licenses, and Lead-Safe Certificates from the city. ...... Details about 1182 S 11th: Gross rent is $5700/mo for two 2-bed/2 bath flats and one 1-bed/1bath flat. The third floor has a private roof deck, and all units have central air and in-unit laundry. The basement is available for your use or an opportunity to add value by providing additional storage for the tenants. Details about 819 S 11th: Gross rent is $4500/mo for two 2-bed/1-bath flats and one 1-bed/1-bath flat. The first floor has outdoor space and access to an extra basement room that is finished, plus access to the unfinished portion of the basement. Bilco access from the sidewalk to the basement is temporarily closed shut but could be accessed if needed down the road to rent it out separately. Each unit has in-unit laundry. Tenants use window units for cooling. New water heater (2/2025) for 819s Unit 1! The opportunity here for investors and owner-occupants alike is perfect- cash flow right out of the gate, and plan to make strategic value-adds along the way to increase your profit!
Presented By: KW Empower

Interior Features for 819 S 11Th Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
BasementFull, Unfinished, Outside Entrance
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
FlooringWood, Carpet, Ceramic Tile
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 819 S 11Th Street

Acceptable FinancingCash, Conventional, VA
AccessibilityNone
AppliancesRefrigerator, Washer, Dryer, Built-In Microwave, Dishwasher
Architectural StyleTraditional
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingWindow Unit(s)
CountyPHILADELPHIA
Directions11th Street between Catharine and Christian Streets.
DisclosuresLead Inspection Certificate Available
Garage Y/NNo
Gross Income54600.00
HeatingBaseboard - Hot Water
Lease TypeYearly
Lot Size Square Feet1045.00
Lot Size UnitsSquare Feet
MLS Area19147 (19147)
ModificationTimestamp2025-03-31T09:13:02
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
NumberOfUnitsVacant
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 3
OwnerPaysWater, Sewer
OwnershipFee Simple
PossessionImmediate, 31-60 Days CD, 61-90 Days CD
Price Per Sq Ft Total AG265.2
Property SubtypeTriplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofFlat
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count0
Standard StatusPending
StatusPENDING
Structure TypeInterior Row/Townhouse
Subdivision NameBELLA VISTA
Tax Annual Amount6843.0
Tax Assessed Value488900.0
Tax Lot216
Tax Year2025
Total Actual Rent54600.00
Total SQFT2451
Two Bedroom2
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1915
Year Built SourceAssessor
ZoningRM1

Exterior for 819 S 11Th Street

Foundation DetailsStone
InclusionsAll refrigerators, washers, & dryers
Land Assessed Value97780.00
Land Use CodeY50
Lot Dimensions17.00 x 60.00
Lot Size Acres0.02
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Schools

High School Furness Horace High School
Elementary School Fanny Jackson Coppin Elementary School
Middle School Fanny Jackson Coppin Middle School

Rachel Shepherd

Price $650,000
MLS#PAPH2418994
List Date 11/16/2024
Property Type Pending
Phone 703.929.4729
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