1622 E PASSYUNK AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19148
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,216 sqft
Price per Sqft $633
Subdivision Passyunk Square
MLS Listing ID PAPH2516846
Style Straight Thru
Abv Grd Liv Area 2,484
Year Built 1915
Available Date 2025-07-22
Annual Tax Amount $7,455
Tax Year 2024
Lot Size 1,216 Sqft
Acres 0.03
Lot Dimensions 16.00 x 82.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Amazing opportunity for an income producing multi unit building currently grossing roughly $50K (@5% Cap Rate) located in the heart of East Passyunk Ave! You cant go wrong with lots of sweat equity and potential for increased rents. On the Ave and centrally located to the singing fountain, Broad St Subway line and surrounded by restaurants, cafes, bars, shopping and much more. This property has all separate utilities and a functional layout! 1st flr. is tenant occupied thru 3/26 with private access to the rear yard and basement (w/ washer/dryer). Features a spacious living room and kitchen area with 1 large bedroom with walk-in closet and 1 hallway bathroom. 2nd flr. is occupied on month-month with 2 bedroom sand 1 bath. 3rd flr. will be vacant 8/1 with 2 Bedrooms, 1 Bathroom and balcony with amazing views.
Location
State PA
County Philadelphia
Area 19148 (19148)
Zoning CMX25
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Wall Unit
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871559120
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard