2551 Grays Ferry Avenue

Philadelphia, PA 19146

$750,000
Price
6
Beds
3
Baths
3,042 Sq. Ft.
$247 / Sq. Ft.
3,042
Sq. Ft.
$247
per Sq. Ft.

Description

Discover this exceptional triplex offering three spacious 2-bedroom units, perfect for investors or owner-occupants seeking a vibrant urban lifestyle. Currently, unit three is vacant, presenting a great opportunity for an owner-occupant looking to begin their real estate investing journey. Each unit features beautiful hardwood floors and modern kitchens equipped with espresso shaker cabinets, stainless steel appliances, and sleek quartz countertops—blending style and functionality seamlessly. Plus,...Discover this exceptional triplex offering three spacious 2-bedroom units, perfect for investors or owner-occupants seeking a vibrant urban lifestyle. Currently, unit three is vacant, presenting a great opportunity for an owner-occupant looking to begin their real estate investing journey. Each unit features beautiful hardwood floors and modern kitchens equipped with espresso shaker cabinets, stainless steel appliances, and sleek quartz countertops—blending style and functionality seamlessly. Plus, each unit includes the convenience of in-unit washers and dryers. One unit boasts a private backyard, ideal for entertaining or relaxing, while another showcases a stunning private roof deck with city views—perfect for gatherings or unwinding after a busy day. Located just a quick walk from popular spots like Ultimo Coffee, Dock Street Brewery South, Sidecar Bar & Grille, and Chick's, as well as Giant Heirloom Grocery, this property places you in the heart of the action. You’ll also be just minutes away from UPenn, Drexel University, and CHOP, making it an ideal location for students and professionals alike. Don’t miss this fantastic opportunity to invest in one of Philadelphia’s most sought-after neighborhoods! The tax abatement expires at the end of 2024.
  1. Listed by Mike Goldstein • HubKey Real Estate
    P: (215)-600-1732 mike@hubkey.co

Property Details for 2551 Grays Ferry Avenue

Tax ID Number
302319200
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Traditional
Waterfront
No
Garage
No
Subdivision
GRADUATE HOSPITAL
Subdivision
GRADUATE HOSPITAL (PHILADELPHIA PA)
LISTING UPDATED: 11/13/2024 09:49 AM

Property Details for 2551 Grays Ferry Avenue

StatusActive
MLS #PAPH2415268
Days on Market10
Taxes$2,676 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1925
Lot Size0.03 AC / 1,184 SF
CountyPhiladelphia County

Building

2551 Grays Ferry Ave

3 StoriesBuilt in 1925

Building Information for 2551 Grays Ferry Avenue

Stories3Residences-Year Built1925Building Size-Lot Size0.03 AC / 1,184 SF

Property Information for 2551 Grays Ferry Avenue

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • SchoolDistrictSource: 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: 2024
  • Tax Assessed Value: $191,215
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $46,355
  • City Town Tax: $1,177
  • Land Assessed Value: $144,860
  • Clean Green Assessed: No
  • Land Use Code: U50
  • Zoning: RSA5
  • Tax Lot: 154
  • School Tax: $1,498
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Snow Removal
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 3
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Leased Count: 2
  • Number Of Units Vacant: 1
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Finished SQFT: 1500
  • Beds Total: 2
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Finished SQFT: 725
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 3
  • Unit Type Finished SQFT: 725
  • Beds Total: 2
  • Full Baths Count: 1
Financial Information
Financial Information
  • Annual Rental Income: $54,600
  • Existing Lease Type: Long Term
Building Info
Building Info
  • Year Major Reno Remodel: 2015
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 16.00 x 74.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1064308
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Roof Deck
  • 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: Electric, Natural Gas
  • 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 2551 Grays Ferry 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 2551 Grays Ferry Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$2,677 ($223 / month)
Home Facts
Total Finished SqFt2,292 SqFtAbove Grade Finished SqFt2,292 SqFtStories2Lot Size1,184 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningRSA5CountyPHILADELPHIAAPN30-2-3192-00

Schools near 2551 Grays Ferry Avenue

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 - 5 to 12
Rating
School
Distance
Arthur Chester A School
PublicK to 8

Creative And Performing Arts
Public9 to 12

Academy At Palumbo
Public9 to 12

Gamp
Public5 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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2551 Grays Ferry Avenue is a multi-family home for sale in Philadelphia, PA 19146. This property was listed for sale on November 8, 2024 by HubKey Real Estate, it's currently listed at $750,000. It has been on the market for a total of 10 days and was last sold on March 20, 2012. This listing's school district is The School District of Philadelphia. Nearby schools include Arthur Chester A School, Creative And Performing Arts and Academy At Palumbo. 2551 Grays Ferry Avenue is a 6-bed, 3-bath, 3,042 sqft multi-family home built in 1925.

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 HubKey Real Estate

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.