819 South 11th Street

Philadelphia, PA 19147

$675,000
Price
5
Beds
3
Baths
2,451 Sq. Ft.
$275 / Sq. Ft.
2,451
Sq. Ft.
$275
per Sq. Ft.

Description

Invest in your future with 1, 2, or 3 of these fully occupied, cash-flowing triplexes in the popular Bella Vista/Italian Market neighborhood of Center City. The owners are ready to retire and pass on their success to you. With a 99% occupancy rate spanning 3 to 17 years, make your first investment an “easy win,” or add another solid multi-family building to your portfolio. Either way- it’s a win. The tenants are happy, love the location, and are paying near or at-market rents, so you don’t have to...Invest in your future with 1, 2, or 3 of these fully occupied, cash-flowing triplexes in the popular Bella Vista/Italian Market neighborhood of Center City. The owners are ready to retire and pass on their success to you. With a 99% occupancy rate spanning 3 to 17 years, make your first investment an “easy win,” or add another solid multi-family building to your portfolio. Either way- it’s a win. The tenants are happy, love the location, and are paying near or at-market rents, so you don’t have to worry about making dramatic changes after you buy. Plus, there’s potential to increase your earnings by renting out additional storage in 2 of the 3 basements to the tenants or someone local who needs extra storage space (or use it for yourself!). You can also do some modest upgrades when units turnover and increase the rents year after year. Each tenant in each unit pays for their gas and electric (separate utilities & mechanicals- yea!). The landlord only pays for water for the 3 buildings and common electric in 2 of the 3 buildings. All units have the required sprinkler systems, RM1 Zoning, active rental licenses, and Lead-Free (811) or Lead-Safe (819 & 1182) Certificates from the city. Details about this building: 819 S 11th: Gross rent is $4500/mo for two 2-bed/1-bath flats and one 1-bed/1-bath flat. The first floor has outdoor space and access to an extra basement room that is finished, plus exclusive access to the unfinished portion of the basement. Bilco access to the basement is temporarily closed shut but could be accessed if needed down the road. Each unit has in-unit laundry. Tenants use window units for cooling. ...... Details about the other two buildings: 811 S 11th: Gross rent is $5550/mo over three 2 bed/1 bath flats. Each unit has C/A, private outdoor space, and a storage cage in the back portion of the basement. Units 1 & 3 have in-unit laundry. Unit 2 uses the laundry in the basement. The front part of the basement is available and easily used for additional storage for you or someone else. 1182 S 11th: Gross rent is $5700/mo for two 2-bed/2 bath flats and one 1-bed/1bath flat. The third floor has a private roof deck, and all units have central air and in-unit laundry. The basement is available for your use or an opportunity to add value by providing additional storage for the tenants....... The opportunity here is perfect- cash flow right out of the gate, and plan to make strategic value-adds along the way to increase your profit!
  1. Listed by Stacy L Sanseverino • KW Empower
    P: (215)-431-5431 stacysanseverino@gmail.com

Property Details for 819 South 11th Street

Tax ID Number
871504590
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Traditional
Waterfront
No
Garage
No
Expected On Market Date
11-18-2024
Subdivision
BELLA VISTA
LISTING UPDATED: 11/19/2024 01:40 PM

Property Details for 819 South 11th Street

StatusActive
MLS #PAPH2418994
Days on Market5
Taxes$6,844 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.02 AC / 1,045 SF
CountyPhiladelphia County

Building Information for 819 South 11th Street

Stories-Residences3Year Built1915Building Size-Lot Size0.02 AC / 1,045 SF

Property Information for 819 South 11th Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • Elementary School: FANNY JACKSON COPPIN (PHILADELPHIA PA)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: FANNY JACKSON COPPIN (PHILADELPHIA PA)
  • MiddleSchoolSource: Listing Agent
  • High School: FURNESS HORACE (PHILADELPHIA PA)
  • HighSchoolSource: 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: 2025
  • Tax Assessed Value: $488,900
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $391,120
  • City Town Tax: $2,782
  • Land Assessed Value: $97,780
  • Clean Green Assessed: No
  • Land Use Code: Y50
  • Zoning: RM1
  • Tax Lot: 216
  • School Tax: $3,540
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Water, Sewer
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 0
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 3
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
Financial Information
Financial Information
  • Gross Income: $54,000
  • Gross Scheduled Income: $54,000
  • Annual Rental Income: $54,000
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 2,451.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 17.00 x 60.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 888471
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Refrigerator, Washer, Dryer, Built-In Microwave, Dishwasher
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water
  • 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
  • List Agent URL: www.stacylovesrealestate.com

Property History for 819 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 819 South 11th Street

Taxable ValueLand$90,340Additions$361,360Total$451,700
Tax Record2023$6,323 ($527 / month)
Home Facts
Total Finished SqFt2,451 SqFtAbove Grade Finished SqFt2,451 SqFtStories3Lot Size1,045 SqFtStyleOffice BuildingYear Built1915ZoningRM1CountyPHILADELPHIAAPN87-1-5045-90

Schools near 819 South 11th Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Fanny Jackson Coppin School
PublicPK to 8

Furness Horace 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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819 South 11th Street is a multi-family home for sale in Philadelphia, PA 19147. This property was listed for sale on November 18, 2024 by KW Empower, it's currently listed at $675,000. It has been on the market for a total of 5 days and was last sold on August 17, 2007. This listing's school district is The School District of Philadelphia. Nearby schools include Fanny Jackson Coppin School, Furness Horace High School and Academy At Palumbo. 819 South 11th Street is a 5-bed, 3-bath, 2,451 sqft multi-family home built in 1915.

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 KW Empower

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.