32 South 62nd Street

Philadelphia, PA 19139

$170,000
Price
Beds
2,044 Sq. Ft.
$83 / Sq. Ft.
2,044
Sq. Ft.
$83
per Sq. Ft.

Description

Investor alert! This duplex presents a fantastic investment opportunity for the savvy investor with significant potential. It features two separate units: a 2-bedroom, 1.5-bathroom unit and a 3-bedroom, 2-bathroom unit. Additional amenities include one garage space, an unfinished basement, and separate utility meters for each unit. The property is zoned RM-1, legally designated as multi-family, offering excellent flexibility for rental income. While it requires a full rehab, the upside is substantial,...Investor alert! This duplex presents a fantastic investment opportunity for the savvy investor with significant potential. It features two separate units: a 2-bedroom, 1.5-bathroom unit and a 3-bedroom, 2-bathroom unit. Additional amenities include one garage space, an unfinished basement, and separate utility meters for each unit. The property is zoned RM-1, legally designated as multi-family, offering excellent flexibility for rental income. While it requires a full rehab, the upside is substantial, especially with gentrification actively transforming the surrounding area. Once renovated, the property is poised for strong cash flow, and a proforma is included to outline projected income and returns. Don’t miss this chance to capitalize on a high-potential location!
  1. Listed by Lay Gauv • EXP Realty, LLC
    P: (267)-259-6034 lay.gauv@exprealty.com

Property Details for 32 South 62nd Street

Tax ID Number
031190900
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Other
Waterfront
No
Garage
No
Subdivision
COBBS CREEK
Subdivision
COBBS CREEK (PHILADELPHIA PA)
LISTING UPDATED: 12/06/2024 11:25 AM

Property Details for 32 South 62nd Street

StatusActive
MLS #PAPH2425084
Days on Market16
Taxes$1,521 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1925
Lot Size0.04 AC / 1,848 SF
CountyPhiladelphia County

Building Information for 32 South 62nd Street

Stories-Residences2Year Built1925Building Size-Lot Size0.04 AC / 1,848 SF

Property Information for 32 South 62nd Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19139 (19139)
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: $108,700
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $86,960
  • City Town Tax: $669
  • Land Assessed Value: $21,740
  • Clean Green Assessed: No
  • Land Use Code: R50
  • Zoning: RM1
  • Tax Lot: 110
  • School Tax: $852
  • 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: 1
  • Three Bedroom Units Count: 1
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 16.00 x 116.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 891708
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: None
  • Cooling Fuel: None
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office

Property History for 32 South 62nd 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 32 South 62nd Street

Taxable ValueLand$29,580Additions$118,320Total$147,900
Tax Record2024$2,070 ($173 / month)
Home Facts
Beds0Total Finished SqFt2,044 SqFtAbove Grade Finished SqFt2,044 SqFtStories3Lot Size1,848 SqFtStyleCondominiumYear Built1925ZoningRM1CountyPHILADELPHIAAPN03-1-1909-00

Schools near 32 South 62nd Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - 9 to 12
Rating
School
Distance
Barry Community John School
PublicPK to 8

Sayre William L Middle School
Public9 to 12

Overbrook Edu Center
PublicK to 8

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.

Similar Homes

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32 South 62nd Street is a multi-family home for sale in Philadelphia, PA 19139. This property was listed for sale on December 6, 2024 by EXP Realty, LLC, it's currently listed at $170,000. It has been on the market for a total of 16 days and was last sold on April 10, 2024. This listing's school district is The School District of Philadelphia. Nearby schools include Barry Community John School, Sayre William L Middle School and Overbrook Edu Center. 32 South 62nd Street is a 0-bed, 0-bath, 2,044 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 EXP 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.