13 days on rocket

507 Cobbs Creek Pkwy, Philadelphia, PA, 19143

$250,000

Home List Price

$2,969*

Closing Credit

0 Baths
2,145 SqFt
$117/SqFt
Multi
Schools Nearby

Location

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507 Cobbs Creek Pkwy, Philadelphia$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1925
HeatingForced Air
CoolingCentral Air
MLS #PAPH2352266
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 507 Cobbs Creek Pkwy

Great opportunity for investors or owner occupants. Put the finishing touches on this duplex and add it to your rental portfolio for a slam dunk investment. Or owner occupants, purchase this home and live in one unit while renting the other unit, having someone else pay your mortgage. The opportunities are endless. Unfortunately the seller wasn’t able to finish the project but so much has already been done such as the rough plumbing and electric, HVAC installed, framing, new windows, etc. Plus most of the materials needed to finish the project are included in the sale such as HVAC (forced air heat and central air) including the compressors, water heater, sheetrock, tubs, toilets, vanities, recessed lights, vent covers, flooring, etc. Enter Unit 1 from the from which spans the 1st and 2nd floors and is 2 bedrooms, 2.5 bathrooms with access to a rear deck. The unit is large and feels like most single row homes in the area. The first floor is a large mud/sunroom, living room, dining room, kitchen, laundry room, half bath and access to the deck. The second floor has 2 bedrooms, 2 full bathrooms and houses the mechanicals. Unit 2 is accessed in the rear on the side and is 2 bedrooms, 1 bathroom with laundry. Run the numbers and see for yourself what a great opportunity this is. Buyers should do their own due diligence regarding zoning, permits, etc., as seller and seller’s representatives have no knowledge. Property is being sold strictly “as-is”. All materials and contents at the property will be included in the sale.

Property Details

Property Features

Property Information:

  • Architectural Style: Straight Thru
  • Year Built: 1925
  • Living Area: 2,145 SqFt

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Jennifer L Geddes

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:

  • William L. Sayre High School, Public District Grades 9-12
  • W. C. Bryant Promise Academy, Public District Grades PK-8

Other

Directions Information:

  • Directions: Between Hazel & Larchwood Head west on Larchwood Ave toward S 63rd St/Cobbs Creek Pkwy. Then turn left onto Cobbs Creek Pkwy. Property on left

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $117/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

507 Cobbs Creek Pkwy vs Philadelphia

13 DAYS ON ROCKET

-37 Days

$250,000

-$8.8K Less

$117/SqFt

-$79 Less

KEY TAKEAWAY

This property is $8.8K less than the Median Sold Price and $79/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: #PAPH2352266

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Jennifer L Geddes

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: 5/22/2024, 11:20:36 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.

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$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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-406662
3
/10

  • W. C. Bryant Promise Academy

  • 6001 Cedar Ave

  • 0.26 miles

  • Public District Grades PK-8

High School

school-card-donut-406663
3
/10

  • William L. Sayre High School

  • 5800 Walnut St

  • 0.62 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 $84,063. Most Philadelphia, PA residents have annual incomes between $35k-100k. Typical family type is 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›19143›507 Cobbs Creek Pkwy

This home is located at 507 Cobbs Creek Pkwy in Philadelphia, PA and zip code 19143 in the Cobbs Creek neighborhood. This 2,145 square foot home, which was built in 1925, sits on a 0.04 acre lot. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $250,000.

In April 2024 more than 242 listings in Philadelphia, PA were sold above the asking price. During the same period more than 216 listings were sold at asking price, while more than 502 were sold below. In April 2024 in Philadelphia, PA there were 9.8% more homes for sale than in March 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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