1111 West Lehigh Avenue

Philadelphia, PA 19133

$415,000
Price
Beds
3,130 Sq. Ft.
$133 / Sq. Ft.
3,130
Sq. Ft.
$133
per Sq. Ft.

Description

Discover an exceptional investment opportunity in the Glenwood section of North Philadelphia with this legal 5-unit building, thoughtfully designed to cater to diverse rental needs. This versatile property includes two spacious studios, two one-bedroom units, and one two-bedroom unit, all well-proportioned to provide comfortable living spaces for future tenants. Recently vacated solely for the purpose of the sale, this building offers a blank canvas for light updating, presenting a lucrative potential...Discover an exceptional investment opportunity in the Glenwood section of North Philadelphia with this legal 5-unit building, thoughtfully designed to cater to diverse rental needs. This versatile property includes two spacious studios, two one-bedroom units, and one two-bedroom unit, all well-proportioned to provide comfortable living spaces for future tenants. Recently vacated solely for the purpose of the sale, this building offers a blank canvas for light updating, presenting a lucrative potential to generate between $4,500-$5,000 per month in rental income or dedicated the building to section 8 and take advantage of the new high prices. The strategic location enhances its appeal, situated near key amenities and public transportation options including the Broad St line and various bus routes, ensuring easy connectivity for residents. Residents will appreciate the proximity to Dollar General, corner stores, grocery stores, and Temple University Hospital, making everyday errands and healthcare access convenient and straightforward. This property is ideally suited for investors looking to capitalize on the robust rental market in a burgeoning area. Priced to sell, this 5-unit building in Glenwood is a prime opportunity to expand your investment portfolio with promising returns. Don’t miss your chance to secure this property—schedule a viewing today and envision the potential of this well-located gem.
  1. Listed by Landry Nguema Obame • KW Empower
    P: 2679011111 landry@thecondoshops.com

Property Details for 1111 West Lehigh Avenue

Tax ID Number
372292200
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Traditional
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Total Parking Spaces
0

Location

Listing Courtesy of KW Empower
Add your commute
LISTING UPDATED: 06/24/2024 08:49 AM

Property Details for 1111 West Lehigh Avenue

StatusActive
MLS #PAPH2366020
Days on Market14
Taxes$1,559 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.05 AC / 2,276 SF
CountyPhiladelphia County

Location

Listing Courtesy of KW Empower
Add your commute

Building Information for 1111 West Lehigh Avenue

Stories-Residences4Year Built1920Building Size-Lot Size0.05 AC / 2,276 SF

Payment Calculator

$2,395 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,265

Property Taxes

$130

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1111 West Lehigh Avenue

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 802785881492
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19133 (19133)
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: 2022
  • Tax Assessed Value: $111,400
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $89,120
  • City Town Tax: $703
  • Land Assessed Value: $22,280
  • Clean Green Assessed: No
  • Land Use Code: U50
  • Zoning: RM1
  • Tax Lot: 201
  • School Tax: $855
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 2
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Units Leased Count: 5
  • Number Of Units Vacant: 5
  • Rent Control: No
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 3,130.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 20.00 x 116.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1130466
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: None
  • Heating Type: Baseboard - Electric
  • Heating Fuel: None
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 1111 West Lehigh Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1111 West Lehigh Avenue

Taxable ValueLand$22,280Additions$89,120Total$111,400
Tax Record2023$1,559 ($130 / month)
Home Facts
Total Finished SqFt3,130 SqFtAbove Grade Finished SqFt3,130 SqFtStories3Lot Size2,276 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningRM1CountyPHILADELPHIAAPN37-2-2922-00

Schools near 1111 West Lehigh Avenue

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
Kenderton Elementary School
PublicK to 8

The U School: Innovative Lab
Public9 to 12

Dobbins Avt High School
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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1111 West Lehigh Avenue is a multi-family home for sale in Philadelphia, PA 19133. This property was listed for sale on June 14, 2024 by KW Empower, it's currently listed at $415,000. It has been on the market for a total of 14 days and was last sold on December 16, 2016. This listing's school district is Philadelphia City School District. Nearby schools include Kenderton Elementary School, Philadelphia Military Academy At Elverson and The U School: Innovative Lab. 1111 West Lehigh Avenue is a 0-bed, 0-bath, 3,130 sqft multi-family home built in 1920.

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 KW Empower

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.