20 days on rocket

2339 N College Ave, Philadelphia, PA, 19121

$1,150,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,510 SqFt
$255/SqFt
Multi
Schools Nearby

Location

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2339 N College Ave, Philadelphia$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1920
HeatingCentral, Forced Air
CoolingCentral Air
BasementYes
MLS #PAPH2346866
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 2339 N College Ave

Welcome to 2339 n. College Ave, a rarely offered 4 unit multi family building in BREWERYTOWN brought to you by one of Philadelphias top boutique development firms, AXE PHILLY. Property highlights include 7-Years left on the a FULL 10 Year Tax Abatement, 7% CAP RATE with $92,400 in Gross Income, an opportunity to legalize parking in the year as this parcel runs street to street sitting on a 16 by 109 LOT, designer finishes, and a FULLY FURNISHED UNIT 1 that was previously being used as a short term rental. These apartments adhere to the highest building standards and boast top-quality finishes. With lofty ceilings and expansive windows, natural light floods each unit, imbuing them with a uniquely luxurious ambiance. Step into luxury with vinyl wood flooring throughout, complemented by sleek, modern touches. Each unit boasts a well-appointed kitchen equipped with stainless steel appliances, quartz counter tops that run up the backsplash, catering perfectly to culinary enthusiasts. All four units feature 2 bedrooms and 2 bathrooms, spanning from the basement to the third floor, with convenient laundry facilities and private outdoor space for each unit. Unit 1 - Located in the basement with 2 bedrooms, and 2 bathrooms for $1,800/mo. with walk out patio. (projected as currently setup as a short term rental) Unit 2 - Located on the 1st floor with 2 bedrooms, and 2 bathrooms, with backyard access for $1,950/mo. Unit 3 - Located on the 2nd floor with 2 bedrooms, and 2 bathrooms for $1,850/mo. with private deck Unit 4 - Located on the 3rd floor with 2 bedrooms, and 2 bathrooms, with roof deck patio access for $2,100/mo. (projected, tenant just moved out) TOTAL- $7700/mo. or $92,400 a year Situated across from Girard College, enjoy added security with the wide street and enhanced street lighting. Explore the vibrant nightlife and dining scene of Girard Ave, just a short 2-minute stroll away and less than 1 mile from the Art Museum, Whole Foods, and Fairmount Park. Rent growth is inevitable with over 100+ permits pulled in the area (see photo attached)

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1920
  • Living Area: 4,510 SqFt

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Ryan Stawasz

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Tile/Brick, Vinyl

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Benjamin Franklin High School, Public District Grades 9-12
  • Robert Morris School, Public District Grades KG-8

Other

Directions Information:

  • Directions: 2300 block of N College Ave

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000
  • Price Per SqFt: $255/SqFt

Tax Information:

  • Annual Amount: $575
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$258.8K

Med. Price/SqFt

$196

Avg. Days On Market

50

# of Sold Homes

960

2339 N College Ave vs Philadelphia

20 DAYS ON ROCKET

-30 Days

$1,150,000

+$891.1K More

$255/SqFt

+$59 More

KEY TAKEAWAY

This property is $891.1K more than the Median Sold Price and $59/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: #PAPH2346866

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Ryan Stawasz

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: 5/21/2024, 9:20:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 30, 2020Home Sold
$150,000
Mar 08, 2019Home Sold
$40,000
Mar 31, 2006Home Sold
$13,911

Tax History

YEARPROP. TAXASSESSMENT
2020$575 -
2019$557$39,800
2018$364$26,000
2017$364$26,000

History based on county public records data.

Payment Calculator

$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

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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-4921824
3
/10
  • Robert Morris School

  • 2600 W Thompson St

  • 0.22 miles

  • Public District Grades KG-8

High School

school-card-donut-4921825
2
/10
  • Benjamin Franklin High School

  • 550 N Broad St

  • 1.03 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,521. The majority of Philadelphia, PA residents have income less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19121›2339 N College Ave

This home is located at 2339 N College Ave in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This 4,510 square foot home, which was built in 1920, sits on a 0.04 acre lot. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $1,150,000.

While more than 242 listings in Philadelphia, PA in April 2024 were sold above asking price, there were more than 216 listings sold at asking price, and more than 502 were sold below. The number of listings in Philadelphia, PA increased by 9.8% between March 2024 and April 2024. In April 2024, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $258,806.

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

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