1 month on rocket

700 S 2nd St, Philadelphia, PA, 19147

$1,350,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,176 SqFt
$323/SqFt
Multi
Schools Nearby

Location

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700 S 2nd St, Philadelphia$1,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1986
HeatingBaseboard, Forced Air
CoolingCentral Air
BasementYes
MLS #PAPH2336690
Lot Size0.05 Acres
StatusActive
(ACTIVE)

About 700 S 2nd St

Welcome to 700 S 2nd St, this expansive corner property runs almost a full city block, and offers 4 sources of rental income. Located on a highly desirable Queen Village street, this impressive building has been beautifully maintained and upgraded since 1970. The main floor unit offers plenty of natural sunlight and has one bedroom on the main level, with the possibility of another bedroom in the finished basement. The basement also offers additional living space and a full bathroom with tub. In the main building there are two additional two bedroom rental units, one which is currently rented out and the other vacant and ready for new tenants. There is an addition on the property which houses another two bedroom rental unit which is currently rented out by a long term tenant. Connected to the addition there is a bonus space currently shared by the tenants and offers added storage space. This property offers substantial value to an investor or owner occupant with the potential of four sources of monthly income.

Property Details

Property Features

Property Information:

  • Architectural Style: Straight Thru
  • Year Built: 1986
  • Living Area: 4,176 SqFt

Listing Office:

  • Office Name: BHHS Fox & Roach-Center City Walnut
  • Office Phone: (215) 627-6005
  • Listing Agent: Elizabeth R LaPorta

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: At the corner of 2nd & Bainbridge st.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,350,000
  • Price Per SqFt: $323/SqFt

Tax Information:

  • Annual Amount: $8,518
  • Tax Year: 2020
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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

700 S 2nd St vs Philadelphia

36 DAYS ON ROCKET

-14 Days

$1,350,000

+$1.0M More

$323/SqFt

+$127 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $127/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: #PAPH2336690

Listing Office:

  • Office Name: BHHS Fox & Roach-Center City Walnut
  • Office Phone: (215) 627-6005
  • Listing Agent: Elizabeth R LaPorta

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: 5/5/2024, 2:00:56 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$8,518 -
2019$8,433$602,500
2018$8,850$632,200
2017$8,768$626,400

History based on county public records data.

Payment Calculator

$6,805

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,114

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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-6355881
7
/10

  • Meredith School

  • 725 S 5th St

  • 0.28 miles

  • Public District Grades KG-8

High School

school-card-donut-6355882
4
/10

  • Furness High School

  • 1900 S 3rd St

  • 1.19 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 $85,976. Most Philadelphia, PA residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19147›700 S 2nd St

This home is located at 700 S 2nd St in Philadelphia, PA and zip code 19147 in the South Philadelphia neighborhood. This 4,176 square foot home, which was built in 1986, sits on a 0.05 acre lot. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $1,350,000.

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. In April 2024 in Philadelphia, PA there were 9.8% more homes for sale than in March 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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