Listed By:
Re/Max One Realty
Address
7111 Rising Sun Avenue, Philadelphia, PA
Price
$ 550,000
Property Attributes
  • MLS#PAPH2279390
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19111
  • NeighborhoodBurholme
  • Zip19111
  • StyleVictorian
  • Year Built1925
  • Taxes$ 5455
  • Price$ 550,000
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,970 SqFt
Data Source:
Bright MLS
Property Description

Here's an excellent opportunity for both investors and owner-occupants to acquire a well-maintained mixed-use property in Northeast Philadelphia. This income-producing property is in move-in condition, featuring separate utilities for each unit, providing convenience and ease of management. The property comprises three units in the main house, each offering unique features such as old-world charm, hardwood floors, ceramic tile bathrooms, and a laundry area. There is potential to finish the basement for a fourth unit, adding to the income-generating potential. Enjoy the convenience of a private driveway and ample parking space with room for five cars. Additionally, there's a two-car detached garage equipped with heat, electricity, and water, presenting an opportunity for storage, a workshop or rental purposes. The property is also complemented by a covered front porch, creating a welcoming and nostalgic atmosphere. Situated in a prime location, this property offers accessibility to local amenities, public transportation, and a vibrant community, making it an attractive investment. Contact our agent today for more details and to schedule a viewing.

Price History
11/28/2023 Listed $550,000

General Features

Sewer Public Sewer
Heating Baseboard - Hot Water,Forced Air
Cooling Central A/C,Window Unit(s)
Possession Immediate
Roof Shingle
Zoning CMX1
Garage Spaces 2.00
Architectural Style Victorian
Construction Materials Masonry
Year Built 1925
Electric 100 Amp Service
Property SubType Triplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility Level Entry - Main
County PHILADELPHIA
New Construction No
Property Type Multi-Family
Subdivision Name BURHOLME
Garage Y/N Yes
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions Google Maps
ModificationTimestamp 2024-05-18T10:26:15
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 3
MLS Area 19111 (19111)
Lot Size Square Feet 6839.00
Tax Assessed Value 389700.0
Waterfront Y/N No
Street Name RISING SUN
Tax Annual Amount 5455.0
Property Condition Good
Two Bedroom 1
Structure Type Detached
One Bedroom Units Count 2
Price Per Sq Ft Total 203.7
Acceptable Financing Cash,Conventional
Vacation Rental Y/N No
Total SQFT 2700
Days on Market 174
Standard Status Active
Year Built Source Assessor
Tax Lot 25
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Basement Rear Entrance
Flooring Carpet,Hardwood
Hot Water Natural Gas
Total Stories 3
Furnished Units None
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix AVENUE
Central Air Y/N Yes
LivingAreaSource Assessor

Exterior Features

Pool No Pool
Parking Features Asphalt Driveway
Water Source Public
Total Parking Spaces 10
Garage Features Additional Storage Area,Garage - Front Entry,Garage Door Opener,Oversized
Type of Parking Detached Garage,Driveway
Land Use Code G40
Foundation Details Concrete Perimeter
Water View Y/N No
Lot Dimensions 40.00 x 171.00
Lot Size Acres 0.16
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 77940.00
Navigable Water Y/N No
Water Oriented Y/N No
# of Detached Garage Spaces 2
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 19111

Price
AVG $530K
$550K
Taxes
AVG $4,316
$5,455
Visits
AVG 178
322
Data Provided by Inside Real Estate®
Year Built
AVG 1952
1925

Areas We Cover