3402 Tampa Street

Philadelphia, PA 19134

$89,900
Price
2
Beds
1
Bath
728 Sq. Ft.
$123 / Sq. Ft.
728
Sq. Ft.
$123
per Sq. Ft.

Description

Portfolio Sale! This is a portfolio sale featuring two tenant-occupied properties being sold AS-IS for $180,000. Both tenants are on month-to-month leases, giving the buyer flexibility to either keep the tenants for steady rental income or deliver the properties vacant at settlement. This package includes 3402 Tampa St (2-bed, 1-bath, 728 sqft) and 257 E Elkhart St (3-bed, 1-bath, 924 sqft). Together, they generate $18,600 annually, with tenants covering all utilities. "3402 Tampa St": $8,400/year,...Portfolio Sale! This is a portfolio sale featuring two tenant-occupied properties being sold AS-IS for $180,000. Both tenants are on month-to-month leases, giving the buyer flexibility to either keep the tenants for steady rental income or deliver the properties vacant at settlement. This package includes 3402 Tampa St (2-bed, 1-bath, 728 sqft) and 257 E Elkhart St (3-bed, 1-bath, 924 sqft). Together, they generate $18,600 annually, with tenants covering all utilities. "3402 Tampa St": $8,400/year, "257 E Elkhart St": $10,200/year. Both tenants have a reliable payment history, offering immediate cash flow with room for rent adjustments to align with market rates. Situated in the Kensington-Port Richmond area, these properties benefit from their proximity to grocery stores, public transportation, and major highways such as I-95 and Aramingo Ave. The surrounding neighborhood is gaining momentum, driven by development and growth spilling over from popular areas like Fishtown and Northern Liberties. This creates strong demand for rentals, ensuring a stable tenant pool and future appreciation potential. The homes are located within walking distance of restaurants, markets, and local shops, adding to the area’s appeal. Both properties are currently rented below market value, offering an excellent value-add opportunity for investors. Options include raising rents, repositioning the properties, or enrolling in Section 8 housing programs. This package provides long-term cash flow with minimal upfront effort and offers a pathway to higher returns through strategic updates. Whether you’re looking to hold and rent or add value through improvements, this portfolio is a solid investment in a promising Philadelphia neighborhood.
  1. Listed by Xianghong Lin
    P: (347)-798-6218 seanlinhomes@gmail.com

Property Details for 3402 Tampa Street

Tax ID Number
331262900
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Interior Row/Townhouse
Style
Traditional
Levels/Stories
2
Waterfront
No
LISTING UPDATED: 11/04/2024 04:35 PM

Property Details for 3402 Tampa Street

StatusActive
MLS #PAPH2375978
Days on Market128
Taxes$692 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential / Fee Simple
Year Built1920
Lot Size0.01 AC / 612 SF
CountyPhiladelphia County

Building Information for 3402 Tampa Street

Stories2Residences-Year Built1920Lot Size0.01 AC / 612 SF

Property Information for 3402 Tampa Street

Location
Location
  • Transportation: Bus Stop less than 1 mile, Airport less than 10 miles, Metro/Subway Station less than 1 mile
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19134 (19134)
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
Association / Community Info
Association / Community Info
  • Property Manager Y/N: No
  • Senior Community: No
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $49,500
  • Year Assessed: 2024
  • Improvement Assessed Value: $39,600
  • City Town Tax: $304
  • Land Assessed Value: $9,900
  • Clean Green Assessed: No
  • Land Use Code: O30
  • Zoning: RSA5
  • Tax Lot: 106
  • School Tax: $388
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Rooms
All Upper Levels
  • # Bedrooms Count All Upper Levels: 2
  • # Bathrooms Count All Upper Levels: 1
  • # Bathrooms Full All Upper Levels: 1
Upper Level 1
  • # Bedrooms Count Upper Level: 2
  • # Bathrooms Count Upper Level: 1
  • # Bathrooms Full Upper Level: 1
Rooms
  • Stories: Upper 1
Financial Information
Financial Information
  • Annual Rental Income: $8,400
Building Info
Building Info
  • Total Finished SQFT: 728.00
  • Total Finished SQFT Source: Assessor
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 14.00 x 43.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1082059
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Carpet, Ceiling Fan(s), Dining Area, Kitchen - Eat-In, Bathroom - Tub Shower, Wood Floors
  • Fireplace: No
  • Appliances: Water Heater, Stove, Refrigerator
  • Accessibility Features: None
  • Laundry Type: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Electric Available, Natural Gas Available, Water Available
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer, Public Septic
  • Electric Service: 100 Amp Service

Property History for 3402 Tampa 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 3402 Tampa Street

Taxable ValueLand$9,900Additions$39,600Total$49,500
Tax Record2023$693 ($58 / month)
Home Facts
Beds2Total Finished SqFt728 SqFtAbove Grade Finished SqFt728 SqFtStories2Lot Size612 SqFtStyleCondominiumYear Built1920ZoningRSA5CountyPHILADELPHIAAPN33-1-2629-00

Schools near 3402 Tampa Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 5 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Gloria Casarez Elementary School
PublicK to 5

Memphis Street Academy Charter School
Charter5 to 8

Kensington Culinary Arts
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.

Neighborhood Map and Transit

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3402 Tampa Street is a townhouse for sale in Philadelphia, PA 19134. This property was listed for sale on July 15, 2024, it's currently listed at $89,900. It has been on the market for a total of 128 days and was last sold on September 27, 2013. This listing's school district is The School District of Philadelphia. Nearby schools include Gloria Casarez Elementary School, Memphis Street Academy Charter School and Kensington Culinary Arts. 3402 Tampa Street is a 2-bed, 1-bath, 728 sqft townhouse built in 1920.

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.

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.