Philadelphia, PA 19124 1218 Pratt Street
$183,432
Presented By: ISS Realty, LLC
Beds • 2
Beds • 2Home Details
Duplex investment opportunity in Northeast Philadelphia with an active rental license. One unit is tenant-occupied with a long-term resident paying $950/month, providing immediate income. The second unit is currently vacant and ready for renovation, offering value-add potential. Solid brick structure with established rental history. Property sold in as-is condition. Buyer responsible for due diligence, licenses, and certifications. Conveniently located near Roosevelt Boulevard, shopping, and public transit. NOTE: this is a dual property transaction being sold with 1220 Pratt St. as a package. Will not separate.
Presented By: ISS Realty, LLC
Interior Features for 1218 Pratt Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
Central Air Y/NNo
Fireplace Y/NNo
Furnished UnitsNone
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 1218 Pratt Street
Accessibility32 + wide Doors
Architectural StyleStraight Thru
Cap Rate4.00
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsGPS
Garage Y/NNo
Gross Income11400.00
HeatingHot Water
Insurance Expense1200.00
Living Area1392
Lot Size Square Feet1395.00
Lot Size UnitsSquare Feet
MLS Area19124 (19124)
MaintenanceExpense1000.00
MunicipalityPHILADELPHIA
Net Operating Income7410.00
New ConstructionNo
Number Of Units Total2
NumberOfUnitsVacant1
One Bedroom Units Count2
Operating Expense4000.00
Other StructuresAbove Grade, Below Grade
OwnerPaysTaxes - Real Estate, Insurance
OwnershipFee Simple
Possession0-30 Days CD
Price Per Sq Ft Total AG131.78
Property SubtypeDuplex
Property TypeMulti-Family
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Tax Annual Amount2568.0
Tax Assessed Value183500.0
Tax Lot164
Tax Year2025
Total SQFT1392
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1925
Year Built SourceAssessor
ZoningRSA5
Exterior for 1218 Pratt Street
Foundation DetailsBrick/Mortar
Land Assessed Value36700.00
Land Use CodeR30
Lot Dimensions16.00 x 90.00
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
Waterfront Y/NNo
Additional Details
Price History
