6 months on rocket

240-242 N 3rd St, Philadelphia, PA, 19106

$1,695,000

Home List Price

$10,000*

Closing Credit

0 Baths
7,448 SqFt
$228/SqFt
Multi
Schools Nearby

Location

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240-242 N 3rd St, Philadelphia$1,695,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOff Site
Year Built1920
HeatingBaseboard
CoolingCentral Air
BasementYes
MLS #PAPH2292586
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 240-242 N 3rd St

240-242 N. 3rd Street is a CMX-3 mixed-used building located in the heart of historic Old City on the corner of North 3rd and New Street. This building offers a fully leased commercial space, 2 newly updated and leased 1 BR apartments and a bi-level 3 or 4 bedroom apartment with a roof deck. Each space offers tons of natural light, immaculate original hardwood floors, exposed timber ceilings, and beams. This building is well situated for long and short-term rentals or a spectacular investment for an owner occupant. The 3rd floor bi-level unit is massive and includes tons of original character. This building has been carefully maintained and cared for by the same owner for many years. Inquire for income and expenses

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1920
  • Living Area: 7,448 SqFt

Listing Office:

  • Office Name: Coldwell Banker Commercial
  • Office Phone: (610) 828-9558
  • Listing Agent: Jonathan D. Dubrow

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Off Site

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • 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: Corner of N. 3rd and New Streets

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,695,000
  • Price Per SqFt: $228/SqFt
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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

240-242 N 3rd St vs Philadelphia

187 DAYS ON ROCKET

+137 Days

$1,695,000

+$1.4M More

$228/SqFt

+$32 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $32/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: #PAPH2292586

Listing Office:

  • Office Name: Coldwell Banker Commercial
  • Office Phone: (610) 828-9558
  • Listing Agent: Jonathan D. Dubrow

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: 5/4/2024, 5:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

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Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,148

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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-6070005
6
/10

  • General George A. McCall School

  • 325 S 7th St

  • 0.48 miles

  • Public District Grades KG-8

High School

school-card-donut-6070006
2
/10

  • Benjamin Franklin High School

  • 550 N Broad St

  • 1.31 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 $64,223. Typical income of Philadelphia, PA residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19106›240-242 N 3rd St

This home is located at 240-242 N 3rd St in Philadelphia, PA and zip code 19106 in the Center City neighborhood. This 7,448 square foot home, which was built in 1920, sits on a 0.04 acre lot. It has been listed on Rocket Homes since October 30, 2023 and is currently priced at $1,695,000.

Philadelphia, PA housing market in April 2024 saw over 242 listings sold above listed price, more than 216 sold at listed price and over 502 sold below. The number of homes for sale in Philadelphia, PA increased by 9.8% between March 2024 and April 2024. 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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