8 months on rocket

2501 S Hobson St, Philadelphia, PA, 19142

$374,900

Home List Price

$4,452*

Closing Credit

0 Baths
2,146 SqFt
$175/SqFt
House
Schools Nearby

Location

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2501 S Hobson St, Philadelphia$374,900

Buyer Closing Credits

$4,452*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOn Street
Year Built1935
HeatingRadiant
CoolingWall Unit(s)
BasementYes
MLS #PAPH2274284
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 2501 S Hobson St

RARE OPPORTUNITY to own this very unique & LARGE Mixed-Use CORNER Store Front with 1 very spacious Apartment Unit upstairs with a balcony in the heart of Southwest Philadelphia! This property is located DIRECTLY across the street from the LARGE & BRAND NEW Amazon Distribution Center!!! This Deli has been operated by the Owner for over 41 years! Seller will transfer their “Eating Place (E) Liquor License” to the New Owner at the time of Settlement. Take advantage of this rare opportunity before it's gone! This Commercial Mixed-Use Property features a TOTAL of 2 bedrooms, 1 Full Bathroom & 3 Half Bathrooms! Commercial Store Front has a Half Bathroom at the rear of the store, & 2 more half bathrooms in the basement. Sellers are including ALL commercial equipment, refrigerators, freezers, shelves, tables, chairs, etc, but are EXCLUDING the store’s inventories (such as beers/liquors, deli meats, beverages, snacks, etc.). Entire store on 1st floor has very high ceilings & the property is very well-maintained throughout the years. There is a storage room at the rear of the property and a very large unfinished basement that holds all of the inventory, as well as the utility appliances (Hot Water Heater & Heating System). There are 2 Cellar doors at the side of the property that can easily transfer things into the basement for storage. You can enter the upstairs Apartment Unit on a separate side entrance of the building on Elmwood Avenue. 2nd Floor Apartment is very spacious & consists of 2 good-sized Bedrooms, 1 Full Bathroom, Living Room, Dining Room & a Kitchen! It has nice NEW laminate floors T/O the 2 Bedrooms, Dining Room & Kitchen & new carpets in the Living Room, Hallway & Stairs! ALL Laminate Floors & Carpets have been newly installed in February 2023! Full Hallway Bathroom consists of a single vanity, toilet & tub! Kitchen has a gas stove/range and also a washer hook-up. Upon exiting the Kitchen, you’ll enter a good-size Balcony overlooking Elmwood Ave. & the Amazon Warehouse! Sellers had replaced ALL BRAND NEW Windows for the upstairs apartment in Feb. 2023! Plenty of natural lights shining T/O entire Apartment to help you save on energy bills! You can gain access to the Unfinished Basement from inside the store, OR from either of the 2 metal sidewalk cellar doors at the side of the Store on Elmwood Ave. Start off your new home, business or investment with this very low maintenance property! Buyer is responsible to reach out to the City for any zoning questions or use variance. Seller is discontinuing their Business Name after Settlement. Any potential Buyers who would like to continue to run this same type of business may do so at their own expense with a NEW Business Name of their choice. Sellers are willing to provide 2 weeks of training for how to run the business if potential Buyer chooses to do so. IF renting out the Commercial space, Commercial rents can be projected to bring in over $2,000-$2,500/mo. in the area and the Apartment Unit can be projected to bring in $1,200-1,400/mo. for rent! Owner pays water ( $45/mo.), electric ( $400/mo.), gas ( $40/mo.), Trash ( $500/yr. for Commercial), & Business Telephone ( $135/mo.). Owner owns the Fire Alarm system. Live in 1 Unit & Rent out the other to help cover your mortgage & potentially earning some cash flows OR continue to run the same business & live right upstairs OR open up your own business! So your investment possibilities are endless w/ this very large CORNER Mixed-Use Property! Property is being sold strictly in AS-IS, WHERE-IS condition! Buyer is responsible for any & all repairs (if needed). Septa bus / trolley stops & public transportation are easily accessible in the area! Close to supermarkets, stores, gyms, restaurants, parks, & minutes from Penrose Plaza Shopping Center! Easy access to all major highways! Minutes away from Philly Airport, Auto Mall, Universities, Center City, & many more! Get an offer in quickly before it's gone!!

Property Details

Property Features

Property Information:

  • Architectural Style: Dwelling w/Separate Living Area, Other
  • Year Built: 1935
  • Living Area: 2,146 SqFt

Listing Office:

  • Office Name: Century 21 Advantage Gold-South Philadelphia
  • Office Phone: (215) 465-1400
  • Listing Agent: Phong D Lam

Interior Features

Interior Information:

  • Appliances: Range, Freezer, Oven, Gas Range, Water Heater
  • Basement: Yes
  • Flooring Type: Carpet, Laminated
  • Interior: Breakfast Area, Built-Ins, Carpet, Dining Area, Floor Plan - Traditional, Store/Office, Tub Shower, Other

Exterior Features

Exterior Information:

  • Exterior: Sidewalks, Street Lights

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • John Bartram High School, Public District Grades 9-12
  • William T. Tilden Middle School, Public District Grades 5-8
  • John M. Patterson Elementary School, Public District Grades KG-4

Other

Directions Information:

  • Directions: Between S. 67th Street, S. 68th Street, & Elmwood Avenue

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $374,900
  • Price Per SqFt: $175/SqFt

Tax Information:

  • Annual Amount: $1,383
  • 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

2501 S Hobson St vs Philadelphia

255 DAYS ON ROCKET

+205 Days

$374,900

+$116K More

$175/SqFt

-$21 Less

KEY TAKEAWAY

This property is $116K more than the Median Sold Price and $21/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: #PAPH2274284

Listing Office:

  • Office Name: Century 21 Advantage Gold-South Philadelphia
  • Office Phone: (215) 465-1400
  • Listing Agent: Phong D Lam

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: 5/16/2024, 2:40:34 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$1,383 -
2019$1,370$97,900
2018$1,594$113,900
2017$1,204$86,000

History based on county public records data.

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$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,190

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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-2113738
2
/10
  • John M. Patterson Elementary School

  • 7000 Buist Ave

  • 0.29 miles

  • Public District Grades KG-4

Middle School

school-card-donut-2113739
3
/10
  • William T. Tilden Middle School

  • 6601 Elmwood Ave

  • 0.15 miles

  • Public District Grades 5-8

High School

school-card-donut-2113740
2
/10
  • John Bartram High School

  • 2401 S 67th St

  • 0.16 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,222. Residents of Philadelphia, PA typically earn less than $35k each year. Typical family type is single, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2501 S Hobson St

What is the listing price of this property?

The listing price of 2501 S Hobson St property is $374,900.

What type of property is this?

The property 2501 S Hobson St is a house located in Philadelphia, Pennsylvania, 19142.

Is this property for sale now?

Active Listing: 2501 S Hobson St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2501 S Hobson St are:
John M. Patterson Elementary School: GreatSchools Rating 2/10
William T. Tilden Middle School: GreatSchools Rating 3/10
John Bartram High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,383 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 2501 S Hobson St is 2,146 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2501 S Hobson St is 1935.

Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia191422501 S Hobson St

This home is located at 2501 S Hobson St in Philadelphia, PA and zip code 19142 in the Southwest Philadelphia neighborhood. This 2,146 square foot home, which was built in 1935, sits on a 0.03 acre lot. It has been listed on Rocket Homes since September 04, 2023 and is currently priced at $374,900.

Over 242 listings were sold over their listed price in April 2024 in Philadelphia, PA. In the same period over 502 listings were sold below the listed price and 216 listings were sold for the listed price. The number of homes for sale in Philadelphia, PA increased by 9.8% between March 2024 and April 2024. Listings spent 50 days on the market in April 2024, and had a median list price of $258,806 during the same period.

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

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