Listed By:
KW Empower
Address
1925 N 19Th Street, Philadelphia, PA
Price
$ 745,000
Property Attributes
  • MLS#PAPH2289436
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19121
  • NeighborhoodTemple University
  • Zip19121
  • StyleContemporary
  • Year Built2014
  • Taxes$ 1601
  • Price$ 745,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.04 Acres
Data Source:
Bright MLS
Property Description

Legal 10-bedroom rooming house! Yes, you read that correctly! Rarely available, impossible to find property with rental license permitting 10 single room residences close to Temple University. Set up as a duplex with each bi-level unit containing 6 bedrooms, 2 full and 2 half baths. Enter unit A into the lower level with living room, kitchen, washer/dryer, 2 beds & 1.5 baths. Stairs to the 1st level which boasts 4 more bedrooms with ample closet space, 1.5 baths and access to the large rear yard. Enter unit B and ascend to the 2nd level which has an extra-large kitchen, living room and dining room plus sliding doors to a Juliet balcony. There are an additional 2 beds and 1.5 baths on this level. Stairs to the 3rd floor take you to another 4 beds and 1.5 baths with a hall stackable laundry closet. Newly built and recently upgraded with remaining tax abatement, central air and absolutely turnkey, ready to start generating income immediately. Make no mistake, this is an absolute UNICORN. Rooming houses exist in Philly but not many legal ones. Rent individual rooms or to larger groups. Numerous scenarios and possibilities that make this an excellent blue-chip investment. 12 total bedrooms in property but rental license is for 10 single room residences. Buyer to confirm with L&I on specific use options and requirements. Will not last, schedule your showing today!

Price History
10/21/2023 Listed $795,000
4/4/2024 7% - $745,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Negotiable
Zoning RM1
Patio/Porch Features Patio(s)
Architectural Style Contemporary
Construction Materials Masonry
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Year Built 2014
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County PHILADELPHIA
New Construction No
Property Type Multi-Family
Subdivision Name TEMPLE UNIVERSITY
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions Between Berks & Norris
ModificationTimestamp 2024-06-07T13:10:52
City PHILADELPHIA
Buyer Agent Compensation 2.5
Zoning Description Rooming House
NumberOfUnitsTotal 2
MLS Area 19121 (19121)
Lot Size Units Square Feet
Lot Size Square Feet 1530.00
Tax Assessed Value 114400.0
Waterfront Y/N No
Tax Annual Amount 1601.0
Structure Type Detached
Single Room Units Count 12
Price Per Sq Ft Total AG 254.7
Vacation Rental Y/N No
Virtual Tour https://my.matterport.com/show/?m=9fkng57VbgJ&
Total SQFT 3900
Days on Market 238
Standard Status Active
Year Built Source Assessor
Tax Lot 54
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Hot Water Electric
Heating Y/N Yes
Fireplace Y/N No
Central Air Y/N Yes
LivingAreaSource Estimated

Exterior Features

Pool No Pool
Water Source Public
Type of Parking None
Land Use Code W50
Foundation Details Concrete Perimeter
Water View Y/N No
Lot Dimensions 17.00 x 90.00
Lot Size Acres 0.04
Lot Size Source Assessor
Land Assessed Value 114400.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19121

Price
AVG $580K
$750K
Taxes
AVG $4,196
$1,601
Visits
AVG 422
141
Data Provided by Inside Real Estate®
Year Built
AVG 1956
2014

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