929 North 6th Street
Philadelphia, PA 19123
$957,000
Price
—
Beds
3,168 Sq. Ft.
$302 / Sq. Ft.
3,168
Sq. Ft.
$302
per Sq. Ft.
Description
Welcome to 929 N. 6th Street! An AMAZING investment opportunity in the well sought after Northern Liberties section of Philadelphia! This well maintained and appointed triplex is the perfect multifamily property for an owner-occupant investor or an investor only looking for cash flow. This spacious 3,168 SF triplex features a 1 bedroom/1 bath first floor unit , a 1 bedroom/1.5 bath second floor fully furnished Airbnb and a 2 bedroom/1 bath unit on the third floor with all units having utilities separately...Welcome to 929 N. 6th Street! An AMAZING investment opportunity in the well sought after Northern Liberties section of Philadelphia! This well maintained and appointed triplex is the perfect multifamily property for an owner-occupant investor or an investor only looking for cash flow. This spacious 3,168 SF triplex features a 1 bedroom/1 bath first floor unit , a 1 bedroom/1.5 bath second floor fully furnished Airbnb and a 2 bedroom/1 bath unit on the third floor with all units having utilities separately metered.. Constructed with years past craftmanship in 1920, the front entrance door and moldings, foyer with custom millwork and marble, common areas with custom stairs, stair railings and spindles, original wood floors, brick facade and marble fireplace surrounds are just a few of the construction practices that give this home its old world charm. The rents currently are: the 1st floor is $1,750/month on a month to month term, the 2nd floor medium term (30+ days ) Airbnb averages $2,400/month and the 3rd floor is $2,300/month on a month to month term. Fully occupied with flexible leases, monthly rents will be able to be increased. The first floor is a 1 bedroom/1 bath plus office that has a very large private outdoor patio along with alley access. The family room is complimented with 12 foot soaring ceilings and custom millwork along with custom marble fireplace surround, The kitchen features wood cabinetry, tile backsplash, stainless steel appliances and porcelain tile floor The bathroom has porcelain floors and subway tile shower walls. Laminate floors throughout. The second floor unit is a 1 bedroom/1.5 baths and is currently leased as an Airbnb with an average monthly income of $2,400. This Airbnb is a stylish, fully furnished, turn- key, medium term (30+ days) rental with Super Host designation and great reviews. It was refinished/upgraded in 2022 for Airbnb use. Some of the highlights are wood cabinets in the kitchen/baths, tile backsplash in kitchen, porcelain tile floor in kitchen, stainless steel appliances, kitchen island, custom marble fireplace surround, stack washer/dryer, laminate floors, exposed brick wall in bedroom, ceramic tile walls and floor in full bathroom, deck with Trex construction. The top floor is a recently (2019) renovated 2 bedroom/1 bath unit with a large, open formal family room and kitchen with views of center city. Exposed brick walls in both the family room and one bedroom. Other amenities include original wood floors, wood cabinnets in kitchen and bathroom, stainless steel appliances, porcelain tile floorand shower walls in bathroom. porcelain tile floor in kitchen. laminate floors in bedrooms. Closet with washer and dryer. Capable of adding a roof deck. Lastly, the basement is unfinished. The seller engaged a registered architect to complete construction documents to finish the basement by adding 2 bedrooms, full bathroom and a lounge area. The first floor unit can then be leased as a 3 bedroom/2 bath unit. This will increase the monthly rent substantially. Construction documents would be turned over to the new owner. As far as Fire and Security, the triplex is equipped with a full scale fire alarm system serviced annually by Kartman Fire Protection, 2 Google Nest security camers (one on the front exterior and one in the interrior first floor common area) and Schlage Digital Key Pad Locksets on all entry doors.. Conveniently located close to public transportation, major highways, within walking distance to all the shops, restaurants, and entertainment that Northern Liberties and Fishtown have to offer. The City School is directly across the street. New Amazon grocery store within walking distance of this 6th and Spring Garden location will open soon. Recent new development continues throughout Northern Liberties adding value to an already vibrant area of the city
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- Listed by Jack McCarthy • Weichert RealtorsP: (215)-510-6853 j.mccarthy@weichert.com
Property Details for 929 North 6th Street
Tax ID Number
057156000
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleColonial
WaterfrontNo
ViewsCity
GarageNo
Expected On Market Date08-27-2024
LISTING UPDATED: 09/24/2024 12:17 AM
Property Details for 929 North 6th Street
| Status | Active |
|---|---|
| MLS # | PAPH2386236 |
| Days on Market | 60 |
| Taxes | $9,679 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1920 |
| Lot Size | 0.04 AC / 1,718 SF |
| County | Philadelphia County |
Building Information for 929 North 6th Street
Stories-Residences3Year Built1920Building Size-Lot Size0.04 AC / 1,718 SF
Property Information for 929 North 6th Street
Location
Location
- Transportation: Bus Stop less than 1 mile
- School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
- School District County ID: 300200397108
- SchoolDistrictSource: Listing Agent
- Elementary School: ADAIRE ALEXANDER (PHILADELPHIA PA)
- ElementarySchoolSource: Listing Agent
- Middle Or Junior School: SPRING GARDEN (PHILADELPHIA PA)
- MiddleSchoolSource: Listing Agent
- High School: PENN TREATY (PHILADELPHIA PA)
- HighSchoolSource: Listing Agent
- County: PHILADELPHIA
- MLS Area: 19123 (19123)
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
- Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
- Tax Year: 2024
- Tax Assessed Value: $691,500
- Year Assessed: 2024
- Improvement Assessed Value: $553,200
- City Town Tax: $4,258
- Land Assessed Value: $138,300
- Special Assessment Pymnt: Annually
- Clean Green Assessed: No
- Municipal Trash: Yes
- Land Use Code: U50
- Agricultural Tax Due: No
- Historic: No
- Zoning: RSA5
- Tax Lot: 111
- School Tax: $5,420
- School Tax Payment Frequency: Annually
- Automatically Update Tax Values Y/N: Yes
- TaxDataUpdatedYN: No
Lease Information
Lease Information
- Owner Pays: Common Area Maintenance, Insurance, Repairs, Snow Removal, Supplies, Taxes - Personal property, Taxes - Real Estate, Trash Collection
Unit Information
Unit Information
- Single Room Units Count: 0
- One Bedroom Units Count: 2
- Two Bedroom Units Count: 1
- Three Bedroom Units Count: 0
- Units Furnished: Some
- Units Leased Count: 3
- Number Of Units Vacant: 0
- Number Of Units Month To Month: 3
- Rent Control: No
Financial Information
Expenses
- Operating Expense: $16,131
- Insurance Expense: $3,490
- Trash Expense: $500
- Maintenance Expense: $2,168
Financial Information
- Annual Rental Income: $77,400
- Income Includes: Apartment Rentals
- Existing Lease Type: Month to Month
Building Info
Building Info
- Year Major Reno Remodel: 2022
- Building Level Count: 4
- Building Units Total: 3
- Total Finished SQFT: 3,168.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 3,168.00
- Total SQFT: 4,268.00
- Total SQFT Source: Estimated
- Elevators Count: 0
- Construction Materials: Brick Front, Brick, Stucco, Block, Batts Insulation, Frame
- Roof: Built-Up
- Wall and Ceiling Types: 9'+ Ceilings, Beamed Ceilings, Dry Wall, Vaulted Ceilings
- Flooring Type: Carpet, Luxury Vinyl Plank, Solid Hardwood, Tile/Brick, Vinyl
- Basement Type: Other, Windows, Unfinished, Poured Concrete
- Foundation Details: Stone, Concrete Perimeter
Lot / Land Information
Lot / Land Information
- Lot Size Source: Assessor
- Lot Size Dimensions: 19.00 x 90.00
- Lot Dimensions Source: Assessor
- Lot Features: Rear Yard
- Soil Types: Clay
- Road Responsibility: Public
- Road Frontage Length: 19.00
- Location Type: Urban
- Parcel ID: 910087
- Ground Rent Exists: No
Parking
Parking
- Type Of Parking: On Street
- Parking Features: Free
Interior Features
Interior Features
- Interior Features: Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Dining Area, Exposed Beams, Floor Plan - Open, Floor Plan - Traditional, Intercom, Kitchen - Galley, Primary Bath(s), Skylight(s), Bathroom - Stall Shower, Bathroom - Tub Shower, Wainscotting, Window Treatments, Wood Floors
- Fireplace: No
- Appliances: Built-In Microwave, Built-In Range, Dishwasher, ENERGY STAR Clothes Washer, ENERGY STAR Dishwasher, ENERGY STAR Freezer, ENERGY STAR Refrigerator, Freezer, Icemaker, Oven - Single, Six Burner Stove, Stove, Washer/Dryer Hookups Only, Dryer - Electric, Washer/Dryer Stacked, Stainless Steel Appliances, Refrigerator, Oven/Range - Electric, Oven - Self Cleaning, Disposal
- Accessibility Features: None
- Security Features: Exterior Cameras, Fire Detection System, Intercom, Smoke Detector
- Door Features: Six Panel
- Window Features: Double Hung, Double Pane
Exterior Features
Exterior Features
- Spa: No
- Exterior Features: Street Lights, Sidewalks
- Outdoor Living Structures: Deck(s), Patio(s)
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
Utilities
Utilities
- Utilities: Cable TV, Water Available, Sewer Available, Electric Available, Phone Available
- Heating: Yes
- Cooling Type: Ceiling Fan(s), Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
- Electric Service: 200+ Amp Service
- Internet Services: Cable
Confidential Data
Listing Office
- List Agent AOR: Bucks County Association of REALTORS
- List Agent URL: www.jackmccarthyrealtor.com
Property History for 929 North 6th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 929 North 6th Street
Taxable ValueLand$138,300Additions$553,200Total$691,500
Tax Record2023$9,680 ($807 / month)
Home Facts
Total Finished SqFt3,168 SqFtAbove Grade Finished SqFt3,168 SqFtStories3Lot Size1,718 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningRSA5CountyPHILADELPHIAAPN05-7-1560-00
Schools near 929 North 6th Street
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 8 | |||
| Public - | 6 to 12 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Ludlow James R School PublicPK to 8 | ||
Penn Treaty Middle School Public6 to 12 | ||
Bodine William W High School Public9 to 12 | ||
Parkway-Center City 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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Listing Courtesy of Weichert Realtors
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.