16 days on rocket

6422 Palmetto St, Philadelphia, PA, 19111

$3,500,000

0.24 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #PAPH2342648
Lot Size0.24 Acres
StatusActive
(ACTIVE)

About 6422 Palmetto St

Great Opportunity for an investor and an owner to occupy this 11,629 square feet with a finished basement of 3471 square feet located on 6423-25 Rising Sun Ave. The finished basement has many rooms and plenty of storage spaces. There are sprinkler systems in the building, the new roof was installed in April 2024 and the adult care was renovated a few years ago. There are 6 rooftop HVAC Units and 3 were installed after 2017. There are large signages in the front and the back street. Currently, both tenants Bank of America's 7,398 sf and the Adult Care center's 4231 square feet are occupying. This sale included 2 additional lots currently 60 parking spaces 6410-20 Parlmetto Street #885681300 and 6410-20 Palmetto Street # 885681300. The parking lots are shared between both tenants now and the bank does have a drive-thru in the back. Both front entrances are on Rising Sun Ave and the parking entrance and exit are on Levick Street and Palmetto Street. Conveniently located on this busy Rising Sun Ave in the most desirable Northeast Philadelphia, Minutes to Montgomery County, Center City. Also, the building is for lease at $18.00 per square foot. The buyer and agent must check the size and zoning. All showing must send POF before showing.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (856) 321-1212
  • Listing Agent: Paul P Cheng

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

School Info

Assigned Schools Information:

  • Northeast High School, Public District Grades 9-12
  • Woodrow Wilson Middle School, Public District Grades 6-8
  • J. Hampton Moore School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Levick Street to North on Palmetto Street

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,500,000

Tax Information:

  • Annual Amount: $1,499
  • 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

6422 Palmetto St vs Philadelphia

16 DAYS ON ROCKET

-38 Days

$3,500,000

+$3.2M More

KEY TAKEAWAY

This property is $3.2M more than the Median Sold Price in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2342648

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (856) 321-1212
  • Listing Agent: Paul P Cheng

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, 4:25:20 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

Dec 10, 2015Home Sold
$450,000
Aug 15, 2012Home Sold
$750,000
Jul 20, 2010Home Sold
$525,000
Apr 13, 2005Home Sold
$187,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,499 -
2019$1,499$107,100
2018$1,456$104,000
2017$1,456$104,000

History based on county public records data.

Payment Calculator

$17.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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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-3218961
6
/10
  • J. Hampton Moore School

  • 6900 Summerdale Ave

  • 0.89 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3218962
5
/10
  • Woodrow Wilson Middle School

  • 1800 Cottman Ave

  • 1.33 miles

  • Public District Grades 6-8

High School

school-card-donut-3218963
5
/10
  • Northeast High School

  • 1601 Cottman Ave

  • 1.28 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,101. Residents of Philadelphia, PA typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6422 Palmetto St

What is the listing price of this property?

The listing price of 6422 Palmetto St property is $3,500,000.

What type of property is this?

The property 6422 Palmetto St is land located in Philadelphia, Pennsylvania, 19111.

Is this property for sale now?

Active Listing: 6422 Palmetto 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 6422 Palmetto St are:
J. Hampton Moore School: GreatSchools Rating 6/10
Woodrow Wilson Middle School: GreatSchools Rating 5/10
Northeast High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,499 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 10, 2015 for $450,000. (source: MLS/tax record).

How much acreage is this property?

The property 6422 Palmetto St is 0.24 acres.
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Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia191116422 Palmetto St

This home is located at 6422 Palmetto St in Philadelphia, PA and zip code 19111 in the Near Northeast Philadelphia neighborhood. This home sits on a 0.24 acre lot. It has been listed on Rocket Homes since April 13, 2024 and is currently priced at $3,500,000.

In March 2024 more than 228 listings in Philadelphia, PA were sold above the asking price. During the same period more than 214 listings were sold at asking price, while 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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