218 South 8th Street

Philadelphia, PA 19107

$1,999,500
Price
5
Beds
4
Baths
5,832 Sq. Ft.
$343 / Sq. Ft.
5,832
Sq. Ft.
$343
per Sq. Ft.

Description

Welcome to 218 S 8th St, an exceptional mixed-use investment opportunity nestled in the heart of Washington Square. This meticulously maintained property presents a rare combination of one retail space and four fully rented residential units, making it an ideal addition to any investment portfolio. As you step inside, you'll be greeted by the charm of yesteryear seamlessly blended with modern amenities. The retail space, currently rented, offers a prime location for a thriving business, while the...Welcome to 218 S 8th St, an exceptional mixed-use investment opportunity nestled in the heart of Washington Square. This meticulously maintained property presents a rare combination of one retail space and four fully rented residential units, making it an ideal addition to any investment portfolio. As you step inside, you'll be greeted by the charm of yesteryear seamlessly blended with modern amenities. The retail space, currently rented, offers a prime location for a thriving business, while the four residential units boast spacious layouts flooded with natural light. Each unit exudes a timeless elegance, with gorgeous original details such as magnificent high ceilings and beautiful woodwork and molding. Renovated kitchens and bathrooms enhance the living experience, offering both functionality and beauty that are sure to keep the units in high demand. With three thoughtfully designed 1-bedroom, 1-bathroom apartments and one spacious 2-bedroom, 2-bathroom apartment, residents will find a true haven of comfort and sophistication. Whether relaxing after a long day or entertaining guests, these opulent living spaces provide the perfect backdrop for every occasion. Located in the historic Washington Square neighborhood, this property is surrounded by a wealth of cultural attractions, including Independence National Historical Park, the Liberty Bell, and Independence Hall. Plus, with an array of award-winning restaurants and bars just a stone's throw away, residents will delight in the vibrant energy of city living. Embrace the allure of this unique gem, where history, culture, and contemporary living converge to offer an unparalleled lifestyle experience. Don't miss your chance to own a piece of Philadelphia's rich heritage – schedule your showing today!
  1. Listed by Baiyina B Brown • BHHS Fox & Roach-Chestnut Hill
    P: 2157189439 baiyina.brown@foxroach.com

Property Details for 218 South 8th Street

Tax ID Number
871001750
Ownership
Fee Simple
Structure Type
Detached
Style
Other
Waterfront
No
Garage
No
Expected On Market Date
05-13-2024
Subdivision
WASHINGTON SQ WEST

Location

Listing Courtesy of BHHS Fox & Roach-Chestnut Hill
Add your commute
LISTING UPDATED: 05/18/2024 06:41 AM

Property Details for 218 South 8th Street

StatusActive
MLS #PAPH2350954
Days on Market8
Taxes$19,930 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1897
Lot Size0.12 AC / 5,044 SF
CountyPhiladelphia County

Location

Listing Courtesy of BHHS Fox & Roach-Chestnut Hill
Add your commute

Building Information for 218 South 8th Street

Stories-Residences4Year Built1897Building Size-Lot Size0.12 AC / 5,044 SF

Payment Calculator

$12,573 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,912

Property Taxes

$1,661

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 218 South 8th Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19107 (19107)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $1,423,800
  • Year Assessed: 2023
  • Improvement Assessed Value: $1,139,100
  • City Town Tax: $8,994
  • Land Assessed Value: $284,700
  • Clean Green Assessed: No
  • Land Use Code: Y60
  • Historic: Yes
  • Zoning: RMX3
  • Tax Lot: 212
  • School Tax: $10,936
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 3
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
  • Units Leased Count: 5
  • Number Of Units Vacant: 0
Multi Family
Unit 1
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Unit Type Finished SQFT: 640
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Total Rooms: 3
Unit 2
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Unit Type Finished SQFT: 1587
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Total Rooms: 4
Unit 3
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Unit Type Finished SQFT: 869
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Total Rooms: 4
Unit 4
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Finished SQFT: 640
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Total Rooms: 3
Unit 5
  • Type: Unit 5
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Finished SQFT: 650
  • Half Baths Count: 1
  • Unit Type Features: Retail
  • Total Rooms: 1
Financial Information
Expenses
  • Water Avg Month: $145
  • Water Prev 12 Months: $1,740
  • Heating Oil Avg Month: $0
  • Heating Oil Prev 12 Months: $0
  • Electric Avg Month: $75
  • Electric Prev 12 Months: $900
  • Gas Avg Month: $0
  • Gas Prev 12 Months: $0
Financial Information
  • Annual Rental Income: $115,620
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 5,832.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 37.00 x 61.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 907669
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Off Street
  • Off Street - # of Spaces: 1
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
  • Security Features: Main Entrance Lock
Exterior Features
Exterior Features
  • Spa: No
  • Outdoor Living Structures: Balcony
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: Circuit Breakers
Confidential Data
Listing Office

Property History for 218 South 8th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 218 South 8th Street

Taxable ValueLand$284,700Additions$1,139,100Total$1,423,800
Tax Record2023$19,930 ($1,661 / month)
Home Facts
Total Finished SqFt5,832 SqFtAbove Grade Finished SqFt5,832 SqFtStories4Lot Size2,257 SqFtStyleOffice BuildingYear Built1900ZoningRMX3CountyPHILADELPHIAAPN87-1-0017-50

Schools near 218 South 8th Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
McCall Gen George A School
PublicK to 8

Franklin Benjamin High School
Public9 to 12

Constitution High School
Public9 to 12

Academy At Palumbo
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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218 South 8th Street is a multi-family home for sale in Philadelphia, PA 19107. This property was listed for sale on May 13, 2024 by BHHS Fox & Roach-Chestnut Hill, it's currently listed at $1,999,500. This listing's school district is Philadelphia City School District. Nearby schools include McCall Gen George A School, Franklin Benjamin High School and Constitution High School. 218 South 8th Street is a 5-bed, 4-bath, 5,832 sqft multi-family home built in 1897.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Fox & Roach-Chestnut Hill

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.