Philadelphia, PA 19143 1905 S Ithan Street
$138,000
12 more
Presented By: RE/MAX One Realty - TCDT
Beds • 2
Beds • 2Home Details
This is a fully occupied 2-unit multifamily located in the quickly appreciating Kingsessing neighborhood! This is one of the rare investment opportunities in Philadelphia that still has positive cash flows even at the current interest rates. Please review the P&L statement included in the Documents tab of the MLS listing. There is plenty of opportunity for value-add with regard to the cosmetic features of the units, but most of the plumbing, electrical, and mechanicals have already been upgraded for you! This is a great property to add to your investment portfolio.
Presented By: RE/MAX One Realty - TCDT
Interior Features for 1905 S Ithan Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
BasementUnfinished
Basement (Y/N)Yes
Central Air Y/NNo
FlooringWood
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 1905 S Ithan Street
Acceptable FinancingCash, Conventional, FHA, FHA 203(k), VA
AccessibilityNone
AppliancesDryer, Washer
Architectural StyleTraditional
Cap Rate6.41
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsTurn right on Greenway Ave. from 58th St., then left on S Ithan St. Property will be on your right at the end of the block.
Garage Y/NNo
HeatingForced Air
Insurance Expense1421.00
Lease TypeLong Term
Lot Size Square Feet934.00
Lot Size UnitsSquare Feet
MLS Area19143 (19143)
MaintenanceExpense750.00
ModificationTimestamp2025-04-23T16:04:05
MunicipalityPHILADELPHIA
Net Operating Income8846.00
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
NumberOfUnitsVacant
One Bedroom Units Count
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2
OwnerPaysAll Utilities, Common Area Maintenance, Insurance, Water, Sewer
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG118.76
Property ConditionAverage
Property SubtypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count1
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Tax Annual Amount2348.0
Tax Assessed Value167800.0
Tax Lot132
Tax Year2024
Total Actual Rent19500.00
Total SQFT1162
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1925
Year Built SourceAssessor
ZoningRSA5
Exterior for 1905 S Ithan Street
Foundation DetailsStone
InclusionsRefrigerators, Washer/Dryer
Land Assessed Value33500.00
Land Use CodeU30
Lot Dimensions15.00 x 62.00
Lot Size Acres0.02
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
