1 year on rocket

1123 Race St, Philadelphia, PA, 19107

$2,200,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,720 SqFt
$591/SqFt
House
Schools Nearby

Location

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1123 Race St, Philadelphia$2,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOff Street
Year Built1925
HeatingForced Air
CoolingWindow Unit(s)
BasementYes
MLS #PAPH2212868
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 1123 Race St

Location, Location, Location! Excellent investment opportunity in the Chinatown area! Great 3 story building with a commercial space on the first floor and four apartments above. The store and three apartments are tenant occupied so you may start collecting rent. This building is just a couple of blocks from the busy Chinatown district with all of the delicious restaurants for some international cuisines, stores, markets, The Fashion District, Greyhound Center, etc. If you head the other direction, you are right across from the PA Convention Center, City Hall, Center City area for entertainment, more wonderful restaurants, shopping, parks, museums, etc! Real estate is rare especially in this area. Don't miss your opportunity to own one of the most sought-after pieces of real estate in the City. Make your appointment today.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1925
  • Living Area: 3,720 SqFt

Listing Office:

  • Office Name: Central Realty Group LLC
  • Office Phone: (215) 516-6038
  • Listing Agent: Sze Wai Kwong

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Benjamin Franklin High School, Public District Grades 9-12
  • General George A. McCall School, Public District Grades KG-8

Other

Directions Information:

  • Directions: N/A

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000
  • Price Per SqFt: $591/SqFt

Tax Information:

  • Annual Amount: $11,715
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$257.6K

Med. Price/SqFt

$195

Avg. Days On Market

54

# of Sold Homes

923

1123 Race St vs Philadelphia

411 DAYS ON ROCKET

+357 Days

$2,200,000

+$1.9M More

$591/SqFt

+$396 More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price and $396/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2212868

Listing Office:

  • Office Name: Central Realty Group LLC
  • Office Phone: (215) 516-6038
  • Listing Agent: Sze Wai Kwong

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 3:10:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$11,715 -
2019$11,600$828,700
2018$11,263$804,600
2017$8,197$585,600

History based on county public records data.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2378756
6
/10

  • General George A. McCall School

  • 325 S 7th St

  • 0.82 miles

  • Public District Grades KG-8

High School

school-card-donut-2378757
2
/10

  • Benjamin Franklin High School

  • 550 N Broad St

  • 0.57 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,699. The most common annual income of people living in Philadelphia, PA is less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1123 Race St

What is the listing price of this property?

The listing price of 1123 Race St property is $2,200,000.

What type of property is this?

The property 1123 Race St is a house located in Philadelphia, Pennsylvania, 19107.

Is this property for sale now?

Active Listing: 1123 Race St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1123 Race St are:
General George A. McCall School: GreatSchools Rating 6/10
Benjamin Franklin High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $11,715 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 1123 Race St is 3,720 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1123 Race St is 1925.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19107›1123 Race St

This home is located at 1123 Race St in Philadelphia, PA and zip code 19107 in the Center City neighborhood. This 3,720 square foot home, which was built in 1925, sits on a 0.03 acre lot. It has been listed on Rocket Homes since March 14, 2023 and is currently priced at $2,200,000.

While more than 228 listings in Philadelphia, PA in March 2024 were sold above asking price, there were more than 214 listings sold at asking price, and more than 481 were sold below. The inventory of homes for sale in Philadelphia, PA between February 2024 and March 2024 increased by 4.6%. The median list price of listings available in March 2024 was $257,610, while the average time on the real estate market was 54 days.

From Rocket Homes Real Estate and based on county public records data.

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