Philadelphia, PA 19147 1182 S 11Th Street

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Presented By: KW Empower
  • MLS# PAPH2418998
  • 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 in this cash-flowing triplex in the popular Italian Market neighborhood of Philadelphia. The owners are ready to retire and pass on their success to you. Make your first investment an easy win" or house-hack your way to wealth. Either way- its a win. If you're interested in moving in, one of our units will become available in July, so act quickly! The building was renovated recently, so you wont have to worry about making changes after you buy. Additionally, theres potential to increase your earnings by renting out extra storage space in the basement to tenants or a local individual who needs additional storage (or use it for yourself!). Each unit pays for its own gas and electricity (separate utilities & mechanicals- yea!). The landlord only pays for water for the two buildings and the common electricity. The building is equipped with the required fire alarm system, has legal triplex zoning, and holds active rental licenses and Lead-Safe Certificates from the city. Gross rent is $5700/mo for two 2-bed/2 bath flats and one 1-bed/1 bath flat. The third floor has a private roof deck, and all units have central air and in-unit laundry. The opportunity here for investors and owner-occupants alike is perfect!
Presented By: KW Empower

Interior Features for 1182 S 11Th Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

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

General for 1182 S 11Th Street

Acceptable FinancingCash, Conventional, VA
AccessibilityNone
AppliancesRefrigerator, Washer, Dryer, Built-In Microwave, Dishwasher
Architectural StyleTraditional
Avg. Electric Per Month38.0
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsSouth 11th St, between Washington & Ellsworth.
DisclosuresLead Inspection Certificate Available
Garage Y/NNo
Gross Income68400.00
HeatingForced Air
Lease TypeYearly
Lot Size Square Feet1440.00
Lot Size UnitsSquare Feet
MLS Area19147 (19147)
ModificationTimestamp2025-04-25T16:26:33
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
OwnerPaysSewer, Water
OwnershipFee Simple
PossessionImmediate, 31-60 Days CD, 61-90 Days CD
Price Per Sq Ft Total AG369.51
Property ConditionExcellent
Property SubtypeTriplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeEnd of Row/Townhouse
Subdivision NameITALIAN MARKET
Tax Annual Amount5089.0
Tax Assessed Value363600.0
Tax Lot102
Tax Year2024
Total Actual Rent68400.00
Total SQFT2368
Two Bedroom2
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1915
Year Built SourceAssessor
ZoningRSA5

Exterior for 1182 S 11Th Street

Foundation DetailsStone
InclusionsAll Refrigerators, washers, & dryers
Land Assessed Value72720.00
Land Use CodeY50
Lot Dimensions18.00 x 80.00
Lot Size Acres0.03
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 $875,000
MLS#PAPH2418998
List Date 11/16/2024
Property Type Multi-Family
Phone 703.929.4729
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