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218 S 8th St, Philadelphia, PA, 19107

$1,999,500

Home List Price

$10,000*

Closing Credit

0 Baths
5,832 SqFt
$343/SqFt
Multi
Schools Nearby

Location

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218 S 8th St, Philadelphia$1,999,500

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOff Street
Year Built1897
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #PAPH2350954
Lot Size0.12 Acres
Active DateMay 13, 2024
StatusComing Soon
(COMING SOON)

About 218 S 8th St

Welcome to 218 S 8th St, an exceptional mixed-use investment opportunity nestled in the heart of Washington Square. This meticulously maintained property presents a rare combination of one retail space and four fully rented residential units, making it an ideal addition to any investment portfolio. As you step inside, you'll be greeted by the charm of yesteryear seamlessly blended with modern amenities. The retail space, currently rented, offers a prime location for a thriving business, while the four residential units boast spacious layouts flooded with natural light. Each unit exudes a timeless elegance, with gorgeous original details such as magnificent high ceilings and beautiful woodwork and molding. Renovated kitchens and bathrooms enhance the living experience, offering both functionality and beauty that are sure to keep the units in high demand. With three thoughtfully designed 1-bedroom, 1-bathroom apartments and one spacious 2-bedroom, 2-bathroom apartment, residents will find a true haven of comfort and sophistication. Whether relaxing after a long day or entertaining guests, these opulent living spaces provide the perfect backdrop for every occasion. Located in the historic Washington Square neighborhood, this property is surrounded by a wealth of cultural attractions, including Independence National Historical Park, the Liberty Bell, and Independence Hall. Plus, with an array of award-winning restaurants and bars just a stone's throw away, residents will delight in the vibrant energy of city living. Embrace the allure of this unique gem, where history, culture, and contemporary living converge to offer an unparalleled lifestyle experience. Don't miss your chance to own a piece of Philadelphia's rich heritage – schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1897
  • Living Area: 5,832 SqFt

Listing Office:

  • Office Name: BHHS Fox & Roach-Chestnut Hill
  • Office Phone: (215) 247-3750
  • Listing Agent: Baiyina B Brown

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

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: North on Walnut, Left on 8th

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,999,500
  • Price Per SqFt: $343/SqFt

Tax Information:

  • Annual Amount: $18,367
  • 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

$258.8K

Med. Price/SqFt

$196

Avg. Days On Market

50

# of Sold Homes

960

218 S 8th St vs Philadelphia

$1,999,500

+$1.7M More

$343/SqFt

+$147 More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $147/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: #PAPH2350954

Listing Office:

  • Office Name: BHHS Fox & Roach-Chestnut Hill
  • Office Phone: (215) 247-3750
  • Listing Agent: Baiyina B Brown

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: 5/23/2024, 12:55:35 AM 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$18,367 -
2019$18,186$1,299,200
2018$17,657$1,261,400
2017$14,331$1,023,800

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,061

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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-458223
6
/10

  • General George A. McCall School

  • 325 S 7th St

  • 0.21 miles

  • Public District Grades KG-8

High School

school-card-donut-458224
2
/10

  • Benjamin Franklin High School

  • 550 N Broad St

  • 1.18 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 $20,542. Residents of Philadelphia, PA typically earn less than $35k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19107›218 S 8th St

This home is located at 218 S 8th St in Philadelphia, PA and zip code 19107 in the Center City neighborhood. This 5,832 square foot home, which was built in 1897, sits on a 0.12 acre lot. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $1,999,500.

In April 2024 more than 242 listings in Philadelphia, PA were sold above the asking price. During the same period more than 216 listings were sold at asking price, while more than 502 were sold below. The inventory of homes for sale in Philadelphia, PA between March 2024 and April 2024 increased by 9.8%. In April 2024 median list price was $258,806 and the average listing age was 50 days.

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

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