528 South 13th Street

Philadelphia, PA 19147

$1,100,000
Price
7
Beds
6
Baths
3,250 Sq. Ft.
$338 / Sq. Ft.
3,250
Sq. Ft.
$338
per Sq. Ft.

Description

Seller has an assumable loan at 3.375%! Welcome to 528 S 13th St – a turnkey, newer construction, duplex with a cap rate of 7%! This fully occupied home consists of a four bedroom, three full bathroom unit leased for $3300 rental amount plus a $140 monthly water fee with a 7/31/24 lease end date. Unit 2 features three bedrooms, three full bathrooms and is currently leased for $3375 with an additional $140 collected each month as a water fee with a lease end date of 5/31/25. Both units are bi-level...Seller has an assumable loan at 3.375%! Welcome to 528 S 13th St – a turnkey, newer construction, duplex with a cap rate of 7%! This fully occupied home consists of a four bedroom, three full bathroom unit leased for $3300 rental amount plus a $140 monthly water fee with a 7/31/24 lease end date. Unit 2 features three bedrooms, three full bathrooms and is currently leased for $3375 with an additional $140 collected each month as a water fee with a lease end date of 5/31/25. Both units are bi-level and feature hardwood floors throughout, central air, outdoor spaces, ample closet space, full kitchens with stainless steel appliances – the list goes on! The home has been impeccably maintained and would be great for an owner-occupied investor or an investor truly looking for an easy to manage property to add to their portfolio. Located in Washington Square West, with a walk score of 98, this home is just a short walk to the Broad St subway line, the NJ PATCO line, Jefferson Hospital, Penn Hospital, and tons of restaurants, bars, and coffee shops. Best yet, there are several years left on the tax abatement (2028!). This property has a history of longer-term renters since it was built – in such an ideal location the rents will only continue to go up making this an excellent investment opportunity. Seller has an assumable loan at 3.375%!
  1. Listed by Juliana Martell • Kurfiss Sotheby's International Realty
    P: 8563660224 julianamartell@gmail.com

Property Details for 528 South 13th Street

Tax ID Number
053156300
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Traditional
Waterfront
No
Views
City
Garage
No
Subdivision
WASHINGTON SQ WEST

Location

Listing Courtesy of Kurfiss Sotheby's International Realty
Add your commute
LISTING UPDATED: 06/26/2024 01:56 PM

Property Details for 528 South 13th Street

StatusActive
MLS #PAPH2365030
Days on Market10
Taxes$2,380 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built2017
Lot Size0.02 AC / 780 SF
CountyPhiladelphia County

Location

Listing Courtesy of Kurfiss Sotheby's International Realty
Add your commute

Building Information for 528 South 13th Street

Stories-Residences2Year Built2017Building Size-Lot Size0.02 AC / 780 SF

Payment Calculator

$6,201 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$198

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 528 South 13th Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19147 (19147)
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: $850,000
  • County Tax: $0
  • Improvement Assessed Value: $0
  • Clean Green Assessed: No
  • Land Use Code: W70
  • Historic: No
  • Zoning: RM1
  • Tax Lot: 107
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Water
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2
  • Units Leased Count: 2
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 0
Multi Family
Unit 1
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Unit Type Finished SQFT: 1300
  • Unit Type Lease Type: Yearly
  • Beds Total: 3
  • Half Baths Count: 0
  • Full Baths Count: 3
Unit 2
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Finished SQFT: 1950
  • Unit Type Lease Type: Yearly
  • Beds Total: 4
  • Half Baths Count: 0
  • Full Baths Count: 3
Financial Information
Expenses
  • Insurance Expense: $1,707
  • Other Expense: $2,120
Financial Information
  • Net Operating Income: $79,633
  • Annual Rental Income: $83,460
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Level Count: 5
  • Building Units Total: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 13.00 x 60.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Rear Yard
  • Location Type: Downtown
  • Parcel ID: 907206
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Interior Features: Recessed Lighting, Sprinkler System, Tub Shower, Stall Shower, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wood Floors
  • Fireplace: No
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
  • Accessibility Features: None
  • Security Features: Sprinkler System - Indoor
  • Door Features: Sliding Glass, Double Entry
  • Window Features: Double Pane, Sliding
Exterior Features
Exterior Features
  • Outdoor Living Structures: Balconies- Multiple, Brick, Patio(s)
  • 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: 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 528 South 13th 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 528 South 13th Street

Taxable ValueLand-Additions-Total-
Tax Record2023$2,380 ($198 / month)
Home Facts
Stories4Lot Size780 SqFtStyleMulti-Family Dwelling (2-4)Year Built2017ZoningRM1CountyPHILADELPHIAAPN05-3-1563-00

Schools near 528 South 13th Street

This home is within Philadelphia City School District.
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

Academy At Palumbo
Public9 to 12

Creative And Performing 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.

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528 South 13th Street is a multi-family home for sale in Philadelphia, PA 19147. This property was listed for sale on June 17, 2024 by Kurfiss Sotheby's International Realty, it's currently listed at $1,100,000. It has been on the market for a total of 10 days and was last sold on July 26, 2021. This listing's school district is Philadelphia City School District. Nearby schools include McCall Gen George A School, Franklin Benjamin High School and Academy At Palumbo. 528 South 13th Street is a 7-bed, 6-bath, 3,250 sqft multi-family home built in 2017.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kurfiss Sotheby's International Realty

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.