3 months on rocket

1612 N 54th St, Philadelphia, PA, 19131

$275,000

Home List Price

$3,266*

Closing Credit

0 Baths
2,368 SqFt
$116/SqFt
Multi
Schools Nearby

Location

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1612 N 54th St, Philadelphia$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1925
HeatingForced Air
CoolingWall Unit(s)
BasementYes
MLS #PAPH2312022
Lot Size0.07 Acres
StatusActive
(ACTIVE)

About 1612 N 54th St

Discover a fantastic investment opportunity with this property, ideal for both owner-occupants and seasoned investors. Whether you're looking to generate rental income or expand your investment portfolio, this property offers a valuable prospect. Located in the heart of the city, it provides convenient access to amenities, public transportation, and local attractions. Its prime location enhances its appeal for both tenants and potential buyers. This is a 5-unit property, there are four 1 bedroom, 1 bathroom units and one 2 bedroom, 1 bathroom unit. Currently two of the 1 bedroom units and the 2 bedroom unit are rented, 2 units are vacant. The rent for the two 1 bedroom units is $750/month each and the rent for the 2 bedroom unit is $800/month. Don't miss the chance to explore the possibilities that this property holds. Schedule a showing today! Property is being sold AS-IS.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1925
  • Living Area: 2,368 SqFt

Listing Office:

  • Office Name: Compass Pennsylvania, LLC
  • Office Phone: (267) 435-8015
  • Listing Agent: Joy Avila

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Overbrook High School, Public District Grades 9-12
  • Heston Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: 1612 N 54th St, Philadelphia, PA 19131

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000
  • Price Per SqFt: $116/SqFt

Tax Information:

  • Annual Amount: $10
  • 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

1612 N 54th St vs Philadelphia

105 DAYS ON ROCKET

+51 Days

$275,000

+$17.3K More

$116/SqFt

-$79 Less

KEY TAKEAWAY

This property is $17.3K more than the Median Sold Price and $79/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2312022

Listing Office:

  • Office Name: Compass Pennsylvania, LLC
  • Office Phone: (267) 435-8015
  • Listing Agent: Joy Avila

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: 4/27/2024, 3:15:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 01, 2018Home Sold
$120,000
Jun 16, 2016Home Sold
$25,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10 -
2019$942$67,300
2018$1,260$90,000
2017$1,260$90,000

History based on county public records data.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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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-1343992
2
/10

  • Heston Elementary School

  • 1621 N 54th St

  • 0.04 miles

  • Public District Grades KG-8

High School

school-card-donut-1343993
2
/10

  • Overbrook High School

  • 5898 Lancaster Ave

  • 0.48 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 $39,667. Residents of Philadelphia, PA typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19131›1612 N 54th St

This home is located at 1612 N 54th St in Philadelphia, PA and zip code 19131 in the West Philadelphia neighborhood. This 2,368 square foot home, which was built in 1925, sits on a 0.07 acre lot. It has been listed on Rocket Homes since January 12, 2024 and is currently priced at $275,000.

In March 2024, from all listings sold in Philadelphia, PA there were more than 228 sold above asking price, over 481 sold below and more than 214 were sold right at the asked price. The number of listings in Philadelphia, PA increased by 4.6% between February 2024 and March 2024. In March 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $257,610.

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

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