2500 Hobson Street
Philadelphia, PA 19142
$169,999
Price
—
Beds
1,518 Sq. Ft.
$112 / Sq. Ft.
1,518
Sq. Ft.
$112
per Sq. Ft.
Description
The property is fully occupied. Please confirm the showing with the selling agent. 48 HR Notice is required. The only showing window will be 12/15/23 from 2 PM - 4 PM Investment Opportunity: Prime Mixed-Use Property with Stable Tenancy Discover a lucrative investment opportunity with this strategically positioned property that combines the best of residential and commercial real estate. This asset boasts two potential residential units and a thriving commercial space, all of which are currently tenant-occupied,...The property is fully occupied. Please confirm the showing with the selling agent. 48 HR Notice is required. The only showing window will be 12/15/23 from 2 PM - 4 PM Investment Opportunity: Prime Mixed-Use Property with Stable Tenancy Discover a lucrative investment opportunity with this strategically positioned property that combines the best of residential and commercial real estate. This asset boasts two potential residential units and a thriving commercial space, all of which are currently tenant-occupied, ensuring a steady and reliable income stream.
1. Residential Units: This is a special delimiter sentence. This is a special delimiter sentence - The main house is being used as one unit even though the basement may be converted into its own unit. - The main house is being used as one unit even though the basement may be converted into its own unit - Both units are currently occupied by reliable tenants, providing immediate cash flow. - Both units are currently occupied by reliable tenants, providing immediate cash flow - Relatively well-maintained interiors and modern amenities enhance the overall appeal of the living spaces. - Relatively well-maintained interiors and modern amenities enhance the overall appeal of the living spaces - The residential component ensures a stable rental income with the potential for future appreciation.
2. Commercial Unit: This is a special delimiter sentence. This is a special delimiter sentence - The property includes a versatile commercial unit, catering to a wide range of businesses. - The property includes a versatile commercial unit, catering to a wide range of businesses - High visibility and foot traffic in the area make this commercial unit an attractive prospect for potential lessees. - High visibility and foot traffic in the area make this commercial unit an attractive prospect for potential lessees - Currently occupied by a cell phone store.
3. Location: This is a special delimiter sentence. This is a special delimiter sentence - Strategically located in a high-demand area, the property benefits from a growing community and increasing property values. - Strategically located in a high-demand area, the property benefits from a growing community and increasing property values - Proximity to key amenities, public transportation, and commercial hubs adds to the property's appeal. - Proximity to key amenities, public transportation, and commercial hubs adds to the property's appeal - Brand new amazon fullfilment facility directly across the street which should provide financial growth for the community.
4. Financial Stability: This is a special delimiter sentence. This is a special delimiter sentence - With all units currently leased, investors can enjoy immediate returns on their investment. - With all units currently leased, investors can enjoy immediate returns on their investment - The mix of residential and commercial tenants diversifies the income stream, reducing risk and enhancing stability.
5. Potential for Value Enhancement: This is a special delimiter sentence. This is a special delimiter sentence - The property offers potential for value enhancement through strategic renovations or improvements, further increasing rental income and property value. Similar properties fully renovated have sold for over 350k. Investment Highlights: This is a special delimiter sentence. This is a special delimiter sentence - Strong and diverse rental income from both residential and commercial tenants. - Strong and diverse rental income from both residential and commercial tenants - Immediate cash flow. - Immediate cash flow - Opportunity for future appreciation in a high-demand location. - Opportunity for future appreciation in a high-demand location - Well-maintained and attractive property with potential for value enhancement. Don't miss out on this exceptional investment opportunity that combines the reliability of residential leasing with the potential for lucrative commercial returns. Contact us today to secure your stake in this prime real estate venture.
1. Residential Units: This is a special delimiter sentence. This is a special delimiter sentence - The main house is being used as one unit even though the basement may be converted into its own unit. - The main house is being used as one unit even though the basement may be converted into its own unit - Both units are currently occupied by reliable tenants, providing immediate cash flow. - Both units are currently occupied by reliable tenants, providing immediate cash flow - Relatively well-maintained interiors and modern amenities enhance the overall appeal of the living spaces. - Relatively well-maintained interiors and modern amenities enhance the overall appeal of the living spaces - The residential component ensures a stable rental income with the potential for future appreciation.
2. Commercial Unit: This is a special delimiter sentence. This is a special delimiter sentence - The property includes a versatile commercial unit, catering to a wide range of businesses. - The property includes a versatile commercial unit, catering to a wide range of businesses - High visibility and foot traffic in the area make this commercial unit an attractive prospect for potential lessees. - High visibility and foot traffic in the area make this commercial unit an attractive prospect for potential lessees - Currently occupied by a cell phone store.
3. Location: This is a special delimiter sentence. This is a special delimiter sentence - Strategically located in a high-demand area, the property benefits from a growing community and increasing property values. - Strategically located in a high-demand area, the property benefits from a growing community and increasing property values - Proximity to key amenities, public transportation, and commercial hubs adds to the property's appeal. - Proximity to key amenities, public transportation, and commercial hubs adds to the property's appeal - Brand new amazon fullfilment facility directly across the street which should provide financial growth for the community.
4. Financial Stability: This is a special delimiter sentence. This is a special delimiter sentence - With all units currently leased, investors can enjoy immediate returns on their investment. - With all units currently leased, investors can enjoy immediate returns on their investment - The mix of residential and commercial tenants diversifies the income stream, reducing risk and enhancing stability.
5. Potential for Value Enhancement: This is a special delimiter sentence. This is a special delimiter sentence - The property offers potential for value enhancement through strategic renovations or improvements, further increasing rental income and property value. Similar properties fully renovated have sold for over 350k. Investment Highlights: This is a special delimiter sentence. This is a special delimiter sentence - Strong and diverse rental income from both residential and commercial tenants. - Strong and diverse rental income from both residential and commercial tenants - Immediate cash flow. - Immediate cash flow - Opportunity for future appreciation in a high-demand location. - Opportunity for future appreciation in a high-demand location - Well-maintained and attractive property with potential for value enhancement. Don't miss out on this exceptional investment opportunity that combines the reliability of residential leasing with the potential for lucrative commercial returns. Contact us today to secure your stake in this prime real estate venture.
- Listed by William Holder • RE/MAX ClassicP: (484)-744-4053 williamholderrealty@gmail.com
Property Details for 2500 Hobson Street
Tax ID Number
406085910
OwnershipFee Simple
Structure TypeEnd of Row/Townhouse
StyleDwelling with Rental
WaterfrontNo
GarageNo
Cross StreetS 68th Street
MunicipalityPHILADELPHIA
LISTING UPDATED: 09/18/2024 12:33 AM
Property Details for 2500 Hobson Street
| Status | Active |
|---|---|
| MLS # | PAPH2300582 |
| Days on Market | 323 |
| Taxes | $1,641 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1935 |
| Lot Size | 0.03 AC / 1,150 SF |
| County | Philadelphia County |
Building Information for 2500 Hobson Street
Stories-Residences3Year Built1935Building Size-Lot Size0.03 AC / 1,150 SF
Property Information for 2500 Hobson Street
Location
Location
- School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
- School District County ID: 300200397108
- SchoolDistrictSource: Listing Agent
- Elementary School: JOHN M PATTERSON (PHILADELPHIA PA)
- ElementarySchoolSource: Listing Agent
- Middle Or Junior School: PENN ALEXANDER SCHOOL (PHILADELPHIA PA)
- MiddleSchoolSource: Listing Agent
- High School: BARTRAM J (PHILADELPHIA PA)
- HighSchoolSource: Listing Agent
- County: PHILADELPHIA
- MLS Area: 19142 (19142)
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: 2024
- Tax Assessed Value: $117,300
- Year Assessed: 2024
- Improvement Assessed Value: $111,051
- City Town Tax: $722
- Land Assessed Value: $6,249
- Clean Green Assessed: No
- Municipal Trash: Yes
- Land Use Code: T30
- Zoning: CMX2
- Tax Lot: S404
- School Tax: $919
- Automatically Update Tax Values Y/N: Yes
- TaxDataUpdatedYN: Yes
Unit Information
Unit Information
- Single Room Units Count: 1
- One Bedroom Units Count: 1
- Two Bedroom Units Count: 0
- Three Bedroom Units Count: 1
- Units Leased Count: 2
- Number Of Units Vacant: 1
- Rent Control: No
Financial Information
Financial Information
- Annual Rental Income: $18,000
Building Info
Building Info
- Building Level Count: 2
- Building Units Total: 3
- Total Finished SQFT: 1,518.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 1,518.00
- Total SQFT: 1,518.00
- Total SQFT Source: Assessor
- Construction Materials: Masonry
- Roof: Flat
- Wall and Ceiling Types: Dry Wall
- Foundation Details: Brick/Mortar
Lot / Land Information
Lot / Land Information
- Lot Size Source: Assessor
- Lot Size Dimensions: 17.00 x 70.00
- Lot Dimensions Source: Assessor
- Parcel ID: 1167852
Parking
Parking
- Type Of Parking: On Street
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: None
- Cooling Fuel: Electric
- Heating Type: Radiator
- Heating Fuel: Electric
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
Confidential Data
Listing Office
- List Agent AOR: Tri-County Suburban REALTORS
- List Agent URL: https://www.williamholderrealty.com/
Property History for 2500 Hobson 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 2500 Hobson Street
Taxable ValueLand$6,249Additions$111,051Total$117,300
Tax Record2023$1,642 ($137 / month)
Home Facts
Total Finished SqFt1,518 SqFtAbove Grade Finished SqFt1,518 SqFtStories2Lot Size1,150 SqFtStyleOffice BuildingYear Built1935ZoningCMX2CountyPHILADELPHIAAPN40-6-0859-10
Schools near 2500 Hobson Street
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | 5 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Patterson John M School PublicPK to 4 | ||
Tilden William T Middle School Public5 to 8 | ||
Bartram John - Main Public9 to 12 | ||
Motivation 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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Listing Courtesy of RE/MAX Classic
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.