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2646-48 Manton St, Philadelphia, PA, 19146

$900,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,086 SqFt
$292/SqFt
Multi
Schools Nearby

Location

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2646-48 Manton St, Philadelphia$900,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built2020
HeatingCentral
CoolingCentral Air
BasementYes
MLS #PAPH2331542
Lot Size0.02 Acres
StatusActive
(ACTIVE)

About 2646-48 Manton St

Situated in the burgeoning neighborhood that borders Graduate Hospital and Point Breeze, 2646-48 Manton St offers a fantastic investment opportunity. This triplex comprises three fully occupied residential condominium units, consisting of (2) two-bedroom units and (1) three-bedroom unit. Each unit boasts contemporary finishes, in-unit washer and dryers, central air conditioning, and generous ceiling heights. The property presents the option for a new owner to sell off individual condo units if desired. Conveniently located within walking distance of a neighborhood shopping plaza anchored by The Fresh Grocer, as well as a diverse selection of restaurants and shops along the Grays Ferry Avenue and Washington Avenue commercial corridors, residents have access to a plethora of amenities. Easy commuting is facilitated by the nearby Schuylkill Expressway (Interstate 76), providing swift access to University City and Center City. Furthermore, residents enjoy close proximity to Pennovation Works, the University of Pennsylvania's expansive 23-acre innovation hub. Additionally, the property includes basement storage units in 2648 (available for tenants in units #2 and #3) and a 650± SF roof deck for Unit #3. With a current monthly rental income of $6,190 and a 6.5% pro forma cap rate, this property represents an enticing investment opportunity in the heart of Grays Ferry.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2020
  • Living Area: 3,086 SqFt

Listing Office:

  • Office Name: TCS Management, LLC
  • Office Phone: (215) 383-1439
  • Listing Agent: Christopher D Schepis

Interior Features

Interior Information:

  • Appliances: Stove, Refrigerator, Microwave
  • Basement: Yes
  • Flooring Type: Hardwood

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Furness High School, Public District Grades 9-12
  • Vare-Washington School, Public District Grades KG-8

Other

Directions Information:

  • Directions: The property is situated within blocks of a neighborhood shopping plaza anchored by The Fresh Grocer as well as an array of restaurants and shops along the Grays Ferry Avenue and Washington Avenue commercial corridors. Residents enjoy easy access to the Schuylkill Expressway (Interstate 76) for a commute to University City and Center City

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $900,000
  • Price Per SqFt: $292/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

2646-48 Manton St vs Philadelphia

59 DAYS ON ROCKET

+9 Days

$900,000

+$641.1K More

$292/SqFt

+$96 More

KEY TAKEAWAY

This property is $641.1K more than the Median Sold Price and $96/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: #PAPH2331542

Listing Office:

  • Office Name: TCS Management, LLC
  • Office Phone: (215) 383-1439
  • Listing Agent: Christopher D Schepis

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: 5/12/2024, 2:00:58 AM 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.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,765

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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-10649019
6
/10

  • Vare-Washington School

  • 1198 S 5th St

  • 0.32 miles

  • Public District Grades KG-8

High School

school-card-donut-10649020
4
/10

  • Furness High School

  • 1900 S 3rd St

  • 0.60 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 $92,857. The majority of Philadelphia, PA residents have income between $100k-200k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19146›2646-48 Manton St

This home is located at 2646-48 Manton St in Philadelphia, PA and zip code 19146 in the South Philadelphia neighborhood. This 3,086 square foot home, which was built in 2020, sits on a 0.02 acre lot. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $900,000.

In April 2024, from all listings sold in Philadelphia, PA there were more than 242 sold above asking price, over 502 sold below and more than 216 were sold right at the asked price. Between March 2024 and April 2024, Philadelphia, PA real estate market has seen increase in the number of listings by 9.8%. The median list price of listings available in April 2024 was $258,806, while the average time on the real estate market was 50 days.

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

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