1 month on rocket

2350 N Park Ave, Philadelphia, PA, 19132

$510,000

Home List Price

$6,056*

Closing Credit

0 Baths
2,922 SqFt
$175/SqFt
Multi
Schools Nearby

Location

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2350 N Park Ave, Philadelphia$510,000

Buyer Closing Credits

$6,056*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built2011
HeatingForced Air
CoolingCentral Air
MLS #PAPH2331566
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 2350 N Park Ave

Welcome to a lucrative investment opportunity nestled in the vibrant Temple University/Hartranft neighborhood of Philadelphia. This triplex offers the perfect blend of modern living, excellent income potential, and convenience, making it an ideal choice for savvy investors seeking to capitalize on a low maintenance investment. With three separate, occupied units, this triplex is poised to deliver consistent cash flow, making it an attractive option for investors looking to expand their portfolio or capitalize on the rental market's robust demand. Meticulously maintained and professionally managed, this property has ensured hassle-free ownership and tenant satisfaction. Each unit is modern and recently updated, featuring newer appliances that enhance the living experience for tenants while minimizing maintenance concerns for owners. Boasting a generous 4-bedroom, 2-bathroom unit alongside two additional 3-bedroom, 1-bathroom units, this triplex offers ample space and comfort for residents to enjoy, catering to various household sizes and lifestyles. Situated close to Broad Street, residents benefit from easy access to public transportation options, ensuring seamless connectivity to Center City, Temple University and other key destinations across the city. Residents enjoy the vibrant urban lifestyle, cultural attractions, employment opportunities, and dining and entertainment options that the city has to offer. Don't miss out on this exceptional opportunity to own a prized investment property on this cozy street off of Broad. Schedule your showing today and secure your place in Philadelphia's dynamic real estate market!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2011
  • Living Area: 2,922 SqFt

Listing Office:

  • Office Name: OCF Realty LLC - Philadelphia
  • Office Phone: (215) 735-7368
  • Listing Agent: Alona Richardson

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Benjamin Franklin High School, Public District Grades 9-12
  • John F. Hartranft School, Public District Grades PK-8

Other

Directions Information:

  • Directions: Use GPS

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $510,000
  • Price Per SqFt: $175/SqFt

Tax Information:

  • Annual Amount: $5,491
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$257.6K

Med. Price/SqFt

$195

Avg. Days On Market

54

# of Sold Homes

923

2350 N Park Ave vs Philadelphia

41 DAYS ON ROCKET

-13 Days

$510,000

+$252.3K More

$175/SqFt

-$20 Less

KEY TAKEAWAY

This property is $252.3K more than the Median Sold Price and $20/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: #PAPH2331566

Listing Office:

  • Office Name: OCF Realty LLC - Philadelphia
  • Office Phone: (215) 735-7368
  • Listing Agent: Alona Richardson

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: 4/29/2024, 1:10:22 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

Apr 03, 2020Home Sold
$435,000
Mar 29, 2011Home Sold
$81,000
May 21, 2010Home Sold
$81,000
Mar 19, 2010Home Sold
$52,500

Tax History

YEARPROP. TAXASSESSMENT
2020$5,491 -
2019$1,710$428,900
2018$363$91,000
2017$363$91,000

History based on county public records data.

Payment Calculator

$2,613

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,596

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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-3128094
2
/10
  • John F. Hartranft School

  • 720 W Cumberland St

  • 0.46 miles

  • Public District Grades PK-8

High School

school-card-donut-3128095
2
/10
  • Benjamin Franklin High School

  • 550 N Broad St

  • 1.80 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $12,087. The most common annual income of people living in Philadelphia, PA is less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19132›2350 N Park Ave

This home is located at 2350 N Park Ave in Philadelphia, PA and zip code 19132 in the Lower North Philadelphia neighborhood. This 2,922 square foot home, which was built in 2011, sits on a 0.04 acre lot. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $510,000.

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 number of homes for sale 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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