1843 North Van Pelt Street
Philadelphia, PA 19121
$399,900
Price
6
Beds
3
Baths
2,220 Sq. Ft.
$180 / Sq. Ft.
2,220
Sq. Ft.
$180
per Sq. Ft.
Description
Calling all investors and house hackers! Welcome to 1843 N Van Pelt St, with renovations made within the last 5 years, this 3-unit boutique apartment building is in the rapidly up-and-coming Sharswood neighborhood of Philadelphia, just blocks from Temple University’s main campus. This property offers the perfect opportunity for buyers looking to generate strong rental income or for house hackers seeking to live in one unit while renting the others. This restored building was carefully renovated with...Calling all investors and house hackers! Welcome to 1843 N Van Pelt St, with renovations made within the last 5 years, this 3-unit boutique apartment building is in the rapidly up-and-coming Sharswood neighborhood of Philadelphia, just blocks from Temple University’s main campus. This property offers the perfect opportunity for buyers looking to generate strong rental income or for house hackers seeking to live in one unit while renting the others. This restored building was carefully renovated with no expense spared, blending modern luxury with historic charm. Each unit has been upgraded with high-end finishes, including hardwood floors throughout, stainless steel appliances, granite countertops, and energy-efficient windows. The building features central heat and air, seperate HVAC systems, a newer roof, and water heaters. Each unit has been thoughtfully designed with spacious, open layouts, abundant natural light, and in-unit laundry facilities. The property consists of three separate units: a 3-bedroom, 1-bath unit with private access to the backyard and basement; a 1-bedroom, 1-bath unit; and a bi-level 2-bedroom, 1-bath unit. Each apartment has its own in-unit washer and dryer, updated bathrooms with modern fixtures, and spacious living areas. The large, private backyard is perfect for outdoor entertaining or additional tenant enjoyment. The basement has been waterproofed and offers the potential for additional living space or storage. With its desirable location, this property is ready to generate income upon completion and closure of open permits. Located just steps from Brewerytown’s popular shops, restaurants, and bars, including SPOT Burger, Rybrew, Lucky Goat, and more, this property offers tenants convenience and vibrant neighborhood amenities. Public transportation and major highways are easily accessible, and Fairmount is just a short trip away. 1843 N Van Pelt St offers a rare opportunity to acquire a renovated, potential income-producing property in a rapidly appreciating neighborhood. Whether you’re looking to maximize rental income or house hack your way to financial success, this is an investment you won’t want to miss. All units are vacant, after recent leases were not renewed. Property is being sold as is where is, as a short sale.
- Listed by Anthony Joseph Krupincza • CG Realty, LLCP: (914)-584-3219 anthony@campbellgerrard.com
Property Details for 1843 North Van Pelt Street
Tax ID Number
322067100
OwnershipFee Simple
Structure TypeEnd of Row/Townhouse
StyleStraight Thru
WaterfrontNo
ViewsCity
GarageNo
SubdivisionTEMPLE UNIVERSITY
LISTING UPDATED: 12/22/2024 11:18 AM
Property Details for 1843 North Van Pelt Street
| Status | Active |
|---|---|
| MLS # | PAPH2417028 |
| Days on Market | 48 |
| Taxes | $1,324 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1915 |
| Lot Size | 0.03 AC / 1,403 SF |
| County | Philadelphia County |
Building Information for 1843 North Van Pelt Street
Stories-Residences3Year Built1915Building Size-Lot Size0.03 AC / 1,403 SF
Property Information for 1843 North Van Pelt Street
Location
Location
- Transportation: Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile, Commuter Rail Station less than 1 mile, Commuter Lots less than 5 miles
- School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
- School District County ID: 300200397108
- SchoolDistrictSource: Listing Agent
- County: PHILADELPHIA
- MLS Area: 19121 (19121)
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
Association / Community Info
Association / Community Info
- Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
- Tax Year: 2024
- Tax Assessed Value: $94,600
- Year Assessed: 2024
- County Tax: $0
- Improvement Assessed Value: $75,700
- City Town Tax: $582
- Land Assessed Value: $18,900
- Clean Green Assessed: No
- Land Use Code: U50
- Agricultural Tax Due: No
- Historic: No
- Zoning: RSA5
- Zoning Dscrp: RSA 5 - With a Zoning Permit for a 3 Family usage. Check Public Record through Philly Atlas for confirmation.
- Tax Lot: 110
- School Tax: $741
- Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
- Owner Pays: Water
Unit Information
Unit Information
- Single Room Units Count: 0
- One Bedroom Units Count: 1
- Two Bedroom Units Count: 1
- Three Bedroom Units Count: 1
- Other Units: Unit 1,Unit 2,Unit 3
- Units Furnished: None
- Units Leased Count: 0
- Number Of Units Vacant: 3
- Vacancy Allowance Rate: 2.50%
- Number Of Units Month To Month: 0
- Rent Control: No
Multi Family
Unit 1
- Type: Unit 1
- Unit Type Occupied YN: No
- Level: 1
- Unit Type Finished SQFT: 800
- Unit Type Lease Type: None
- Beds Total: 3
- Full Baths Count: 1
- Unit Type Features: In unit washer and dryer, large living room, stainless steal appliances
- Total Rooms: 4
Unit 2
- Type: Unit 2
- Unit Type Occupied YN: No
- Level: 2
- Unit Type Finished SQFT: 600
- Beds Total: 1
- Full Baths Count: 1
- Unit Type Features: In unit washer and dryer, large living room, stainless steal appliances
- Total Rooms: 2
Unit 3
- Type: Unit 3
- Unit Type Occupied YN: No
- Level: 3
- Unit Type Finished SQFT: 900
- Beds Total: 2
- Full Baths Count: 1
- Unit Type Features: Bi-level apartment spanning part of 2nd floor and 3rd. In unit washer and dryer, large living room, stainless steal appliances
- Total Rooms: 4
Financial Information
Financial Information
- Gross Scheduled Income: $43,980
- Annual Rental Income: $43,980
- Cap Rate: 9.00
- Existing Lease Type: None
Building Info
Building Info
- Year Major Reno Remodel: 2022
- Building Level Count: 3
- Building Units Total: 3
- Total Finished SQFT: 2,220.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 2,220.00
- Total SQFT: 2,920.00
- Total SQFT Source: Estimated
- Construction Materials: Masonry
- Wall and Ceiling Types: 9'+ Ceilings, Dry Wall
- Flooring Type: Engineered Wood, Ceramic Tile
- Basement Type: Full, Drain, Improved, Interior Access, Poured Concrete
- Foundation Details: Block, Permanent, Slab
Lot / Land Information
Lot / Land Information
- Lot Size Source: Assessor
- Lot Size Dimensions: 17.00 x 85.00
- Lot Dimensions Source: Assessor
- Lot Features: Adjoins - Open Space
- Parcel ID: 1074471
- Ground Rent Exists: No
Parking
Parking
- Type Of Parking: On Street
Interior Features
Interior Features
- Interior Features: Wood Floors, Upgraded Countertops, Bathroom - Tub Shower, Bathroom - Stall Shower, Sprinkler System, Recessed Lighting, Kitchen - Gourmet, Intercom, Formal/Separate Dining Room, Floor Plan - Open, Combination Kitchen/Dining
- Fireplace: No
- Appliances: Water Heater - High-Efficiency, Washer/Dryer Stacked, Stainless Steel Appliances, Refrigerator, Range Hood, Oven/Range - Electric, Oven - Self Cleaning, Microwave, Intercom, Humidifier, ENERGY STAR Dishwasher, Dual Flush Toilets, Built-In Range
- Accessibility Features: None
- Security Features: Intercom, Fire Detection System, 24 hour security, Security Gate, Sprinkler System - Indoor
- Door Features: Double Entry, Insulated
- Window Features: ENERGY STAR Qualified, Energy Efficient
Exterior Features
Exterior Features
- Spa: No
- Exterior Features: Exterior Lighting, Bump-outs, Play Area
- Outdoor Living Structures: Porch(es)
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
Utilities
Utilities
- Utilities: Natural Gas Available, Electric Available, Cable TV Available, Sewer Available, Water Available
- Heating: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
- Electric Service: 200+ Amp Service
Confidential Data
Listing Office
- List Agent AOR: Suburban West REALTORS Association
- List Agent URL: www.anthonyphillyrealestate.com
Property History for 1843 North Van Pelt Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1843 North Van Pelt Street
Taxable ValueLand$17,820Additions$71,280Total$89,100
Tax Record2024$1,247 ($104 / month)
Home Facts
Total Finished SqFt2,220 SqFtAbove Grade Finished SqFt2,220 SqFtStories3Lot Size1,403 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningRSA5CountyPHILADELPHIAAPN32-2-0671-00
Schools near 1843 North Van Pelt Street
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Charter - | K to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 7 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Young Scholars Frederick Douglass Charter School CharterK to 8 | ||
Strawberry Mansion High School Public9 to 12 | ||
Carver High School Public7 to 12 | ||
Philadelphia Military Academy At Elverson 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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Listing Courtesy of CG Realty, LLC
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.