1928 Lombard St

Philadelphia, PA 19146

$775,000
Last Sold Price
3
Beds
3
Baths
2,784 Sq. Ft.
$278 / Sq. Ft.
2,784
Sq. Ft.
$278
per Sq. Ft.

Description

Don't miss this prime Rittenhouse area Triplex, fully occupied and in great condition. This could represent easiest property you'll ever manage. Located in one of the most desirable neighborhoods of Center City, each of the 3 units is highly attractive and easy to rent with their incredibly spacious, light filled living spaces, hardwood floors, working fireplaces with exposed brick mantles, private outdoor spaces and ample storage space. The first floor unit has a recently updated kitchen and bath,...Don't miss this prime Rittenhouse area Triplex, fully occupied and in great condition. This could represent easiest property you'll ever manage. Located in one of the most desirable neighborhoods of Center City, each of the 3 units is highly attractive and easy to rent with their incredibly spacious, light filled living spaces, hardwood floors, working fireplaces with exposed brick mantles, private outdoor spaces and ample storage space. The first floor unit has a recently updated kitchen and bath, and each unit will be getting new windows on the Lombard facing side of the building. The common basement features a coin operated laundry for additional income and houses the separate furnaces and water heaters for each unit. If you want steady income, low vacancy, low maintenance and/or a residence where 2 of the units pay your mortgage . The rents on the units are currently under market and can be raised by an average oof $200 a month per unit upon renewal. Make your appointment today, you will not be disappointed.
  1. Listed by Larry R Levin • Realty Mark Associates-CC
    P: (267)-808-6565 llevin@livelovephilly.com

Property Details for 1928 Lombard Street

Tax ID Number
303005600
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Straight Thru
Waterfront
No
Garage
No
Subdivision
RITTENHOUSE SQUARE
Subdivision
RITTENHOUSE SQUARE (PHILADELPHIA PA)
LISTING UPDATED: 09/19/2023 03:13 PM

Property Details for 1928 Lombard Street

StatusClosed
MLS #PAPH2226834
Days on Market111
Taxes$10,988 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.03 AC / 1,268 SF
CountyPhiladelphia County

Location

Listing Courtesy of Realty Mark Associates-CC

Sold By Keller Williams Philly

Add your commute

Building Information for 1928 Lombard Street

Stories-Residences3Year Built1915Building Size-Lot Size0.03 AC / 1,268 SF

Payment Calculator

$4,976 per month

30 year fixed, 6.845% Interest

Principal and Interest

$4,061

Property Taxes

$916

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1928 Lombard Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • Elementary School: GREENFIELD (PHILADELPHIA PA)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: GREENFIELD (PHILADELPHIA PA)
  • MiddleSchoolSource: Listing Agent
  • High School: SOUTH PHILADELPHIA (PHILADELPHIA PA)
  • HighSchoolSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19146 (19146)
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: $785,000
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $628,000
  • City Town Tax: $4,958
  • Land Assessed Value: $157,000
  • Clean Green Assessed: No
  • Land Use Code: U50
  • Zoning: RM1
  • Tax Lot: 106
  • School Tax: $6,029
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Electricity, Common Area Maintenance, Water
  • Concessions: Yes
  • Concessions Amount: $35,205
  • Concession Remarks: Seller Assist
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 3
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Full Baths Count: 1
Financial Information
Expenses
  • Operating Expense: $26,764
  • Operating Expense Includes: Insurance, Trash
Financial Information
  • Gross Income: $61,600
  • Gross Scheduled Income: $61,600
  • Net Operating Income: $34,836
  • Annual Rental Income: $61,600
  • Income Includes: Apartment Rentals, Laundry
  • Cap Rate: 3.98
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 2,784.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 16.00 x 78.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1064365
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: Yes
  • Fireplaces Count: 3
  • 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), Wall Unit
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 1928 Lombard Street

DateEvent & SourcePriceAppreciation
Sep 19, 2023

Closed

BRIGHT #PAPH2226834

$775,000
Sep 6, 2023

Closed (Public Record)

Public Record #1519571132

$775,000
Aug 8, 2023

Pending

BRIGHT #PAPH2226834

Aug 8, 2023

Active Under Contract

BRIGHT #PAPH2226834

Jul 17, 2023

Price Change

BRIGHT #PAPH2226834

$875,000
May 11, 2023

Price Change

BRIGHT #PAPH2226834

$900,000
Apr 20, 2023

Listed (Active)

BRIGHT #PAPH2226834

$950,000
DateEvent & SourcePrice
09/19/2023

Closed

BRIGHT #PAPH2226834

$775,000
09/06/2023

Closed (Public Record)

Public Record #1519571132

$775,000
08/08/2023

Pending

BRIGHT #PAPH2226834

08/08/2023

Active Under Contract

BRIGHT #PAPH2226834

07/17/2023

Price Change

BRIGHT #PAPH2226834

$875,000
05/11/2023

Price Change

BRIGHT #PAPH2226834

$900,000
04/20/2023

Listed (Active)

BRIGHT #PAPH2226834

$950,000

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

Public Records for 1928 Lombard Street

Taxable ValueLand$174,080Additions$696,320Total$870,400
Tax Record2024$12,184 ($1,015 / month)
Home Facts
Total Finished SqFt2,784 SqFtAbove Grade Finished SqFt2,784 SqFtStories3Lot Size1,268 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningRM1CountyPHILADELPHIAAPN30-3-0056-00

Schools near 1928 Lombard Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 12
Public - 6 to 8
Rating
School
Distance
Greenfield Albert M School
PublicK to 8

Franklin Benjamin High School
Public9 to 12

Widener Memorial School
PublicK to 12

Middle Years Alternative School
Public6 to 8

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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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.

Listing Courtesy of Realty Mark Associates-CC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association 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, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association 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.