112 North 3rd Street

Philadelphia, PA 19106

$1,400,000
Price
Beds
5,358 Sq. Ft.
$261 / Sq. Ft.
5,358
Sq. Ft.
$261
per Sq. Ft.

Description

Rare opportunity to acquire this mixed use Old City building with grand proportions, gorgeous apartments and story book ground floor retail space. Fully leased with long term tenants living in three exceptional self contained comfortably proportioned one bedroom apartments all with antique pine floors, wood burning fireplaces, W/D's and oversized baths. High ceilings, large windows and exceptional light. All utilities are separate with the exception of water.Rare opportunity to acquire this mixed use Old City building with grand proportions, gorgeous apartments and story book ground floor retail space. Fully leased with long term tenants living in three exceptional self contained comfortably proportioned one bedroom apartments all with antique pine floors, wood burning fireplaces, W/D's and oversized baths. High ceilings, large windows and exceptional light. All utilities are separate with the exception of water.

Listing Agent

  1. Scott Neifeld

    Scott Neifeld

    Listing Agent

    Compass

    scott.neifeld@compass.com

    P: (215)-275-3040

Property Details for 112 North 3rd Street

Tax ID Number
871003600
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Other
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Central Air
Yes
LISTING UPDATED: 10/09/2024 07:35 AM

Property Details for 112 North 3rd Street

StatusActive
MLS #PAPH2396226
Days on Market83
Taxes$12,772 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.03 AC / 1,333 SF
CountyPhiladelphia County

Building Information for 112 North 3rd Street

Stories-Residences4Year Built1920Building Size-Lot Size0.03 AC / 1,333 SF

Property Information for 112 North 3rd Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • Elementary School: GENERAL GEORGE A. MCCALL (PHILADELPHIA PA)
  • ElementarySchoolSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19125 (19125)
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: 2025
  • Tax Assessed Value: $912,400
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $663,900
  • Land Assessed Value: $165,900
  • Special Assessment Pymnt: Annually
  • Clean Green Assessed: No
  • Land Use Code: Y70
  • Refuse Fee: $500
  • Zoning: CMX3
  • Tax Lot: 199
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Owner Pays: Water
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 3
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Furnished: None
  • Units Leased Count: 4
  • Number Of Units Vacant: 0
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Finished SQFT: 1065
  • Unit Type Features: Large storefront & 1/2 bath
Unit 2
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 3
  • Unit Type Finished SQFT: 1065
  • Unit Type Lease Type: Yearly
Unit 3
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Finished SQFT: 1065
  • Unit Type Lease Type: Yearly
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Level: 4
  • Unit Type Finished SQFT: 1065
  • Unit Type Lease Type: Yearly
Financial Information
Expenses
  • Operating Expense Includes: Insurance
  • Insurance Expense: $4,500
  • Other Expense: $1,800
Financial Information
  • Gross Income: $79,800
  • Net Operating Income: $59,553
  • Annual Rental Income: $79,800
  • Income Includes: Apartment Rentals, Shop Rentals
  • Cap Rate: 4.25
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 5,358.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 21.00 x 64.00
  • Lot Dimensions Source: Estimated
  • Location Type: Urban
  • Parcel ID: 1419237
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: Yes
  • Fireplaces Count: 4
  • Accessibility Features: None
Exterior Features
Exterior Features
  • 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, Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS
  • List Agent URL: www.phillysbestaddress.com

Property History for 112 North 3rd 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 112 North 3rd Street

Taxable ValueLand$182,480Additions$729,920Total$912,400
Tax Record2024$12,772 ($1,064 / month)
Home Facts
Total Finished SqFt4,269 SqFtAbove Grade Finished SqFt4,269 SqFtStories4Lot Size1,333 SqFtStyleOffice BuildingYear Built1920ZoningCMX3CountyPHILADELPHIAAPN87-1-0036-00

Schools near 112 North 3rd Street

This home is within The School District of Philadelphia.
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

Parkway-Center City
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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112 North 3rd Street is a multi-family home for sale in Philadelphia, PA 19106. This property was listed for sale on September 12, 2024 by Compass, it's currently listed at $1,400,000. This listing's school district is The School District of Philadelphia. Nearby schools include McCall Gen George A School, Franklin Benjamin High School and Constitution High School. 112 North 3rd Street is a 0-bed, 0-bath, 5,358 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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

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.