262 South 11th Street

Philadelphia, PA 19107

$1,099,000
Price
7
Beds
4
Baths
3,142 Sq. Ft.
$350 / Sq. Ft.
3,142
Sq. Ft.
$350
per Sq. Ft.

Description

Prime Investment Opportunity in Washington Square West! This income-generating 3-unit multi-family building is perfectly positioned in the vibrant heart of Washington Square West. Just steps from Jefferson University, this property has a proven track record of attracting student tenants, ensuring steady rental demand. Each unit is well-maintained, offering comfortable living spaces in a high-demand area, making it an ideal addition to any investor’s portfolio. Also, the first-floor unit includes...Prime Investment Opportunity in Washington Square West! This income-generating 3-unit multi-family building is perfectly positioned in the vibrant heart of Washington Square West. Just steps from Jefferson University, this property has a proven track record of attracting student tenants, ensuring steady rental demand. Each unit is well-maintained, offering comfortable living spaces in a high-demand area, making it an ideal addition to any investor’s portfolio. Also, the first-floor unit includes a private rear outdoor space, while the third-floor unit boasts a roof deck, adding desirable outdoor living areas to the mix. With the area’s consistent growth, close proximity to public transit, and endless amenities, this building promises a lucrative income stream for years to come. Don't miss this opportunity to invest in one of Philadelphia’s most sought-after rental markets!
  1. Listed by William M Prince • SERHANT PENNSYLVANIA LLC
    P: (267)-788-1650 prince@serhant.com

Property Details for 262 South 11th Street

Tax ID Number
054269100
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Traditional
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Total Parking Spaces
0
LISTING UPDATED: 12/03/2024 09:01 AM

Property Details for 262 South 11th Street

StatusActive
MLS #PAPH2397154
Days on Market76
Taxes$9,643 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1995
Lot Size0.02 AC / 933 SF
CountyPhiladelphia County

Building

262 S 11th St

Built in 1995

Building Information for 262 South 11th Street

Stories-Residences-Year Built1995Building Size-Lot Size0.02 AC / 933 SF

Property Information for 262 South 11th Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19107 (19107)
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: $688,900
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $551,120
  • City Town Tax: $4,242
  • Land Assessed Value: $137,780
  • Clean Green Assessed: No
  • Land Use Code: U70
  • Zoning: CMX1
  • Tax Lot: O240
  • School Tax: $5,400
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Leased Count: 1
  • Number Of Units Vacant: 2
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Beds Total: 2
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: No
  • Level: 2
  • Beds Total: 2
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: No
  • Level: 3
  • Beds Total: 3
  • Full Baths Count: 2
Financial Information
Financial Information
  • Annual Rental Income: $84,900
Building Info
Building Info
  • Building Level Count: 4
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 17.00 x 56.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 907787
Parking
Parking
  • Type Of Parking: None
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: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • 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 262 South 11th 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 262 South 11th Street

Taxable ValueLand$137,700Additions$551,200Total$688,900
Tax Record2024$9,643 ($804 / month)
Home Facts
Total Finished SqFt3,142 SqFtAbove Grade Finished SqFt3,142 SqFtStories4Lot Size933 SqFtStyleMulti-Family Res (5+ Units)Year Built1995ZoningCMX1CountyPHILADELPHIAAPN05-4-2691-00

Schools near 262 South 11th 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

Academy At Palumbo
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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262 South 11th Street is a multi-family home for sale in Philadelphia, PA 19107. This property was listed for sale on September 19, 2024 by SERHANT PENNSYLVANIA LLC, it's currently listed at $1,099,000. 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. 262 South 11th Street is a 7-bed, 4-bath, 3,142 sqft multi-family home built in 1995.

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 SERHANT PENNSYLVANIA 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.