5 months on rocket

7111 Rising Sun Ave, Philadelphia, PA, 19111

$550,000

Home List Price

$6,531*

Closing Credit

0 Baths
2,700 SqFt
$204/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

7111 Rising Sun Ave, Philadelphia$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
ParkingAdditional Storage Area, Garage - Front Entry, Garage Door Opener, Oversized, Asphalt Driveway, Detached Garage, Driveway
Garage2 spaces
Year Built1925
HeatingBaseboard, Forced Air
CoolingCentral Air, Window Unit(s)
BasementYes
MLS #PAPH2279390
Lot Size0.16 Acres
StatusActive
(ACTIVE)

About 7111 Rising Sun Ave

Here's an excellent opportunity for both investors and owner-occupants to acquire a well-maintained mixed-use property in Northeast Philadelphia. This income-producing property is in move-in condition, featuring separate utilities for each unit, providing convenience and ease of management. The property comprises three units in the main house, each offering unique features such as old-world charm, hardwood floors, ceramic tile bathrooms, and a laundry area. There is potential to finish the basement for a fourth unit, adding to the income-generating potential. Enjoy the convenience of a private driveway and ample parking space with room for five cars. Additionally, there's a two-car detached garage equipped with heat, electricity, and water, presenting an opportunity for storage, a workshop or rental purposes. The property is also complemented by a covered front porch, creating a welcoming and nostalgic atmosphere. Situated in a prime location, this property offers accessibility to local amenities, public transportation, and a vibrant community, making it an attractive investment. Contact our agent today for more details and to schedule a viewing.

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1925
  • Living Area: 2,700 SqFt

Listing Office:

  • Office Name: Re/Max One Realty
  • Office Phone: (215) 961-6003
  • Listing Agent: Matthew J Albright

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Carpet, Hardwood

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Additional Storage Area, Garage - Front Entry, Garage Door Opener, Oversized, Asphalt Driveway, Detached Garage, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air
  • Cooling: Central Air, Window Unit(s)

School Info

Assigned Schools Information:

  • Northeast High School, Public District Grades 9-12
  • Woodrow Wilson Middle School, Public District Grades 6-8
  • Kennedy Crossan Academic Plus Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Google Maps

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $204/SqFt

Tax Information:

  • Annual Amount: $3,214
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Map thumbnail provided by MapBox

Philadelphia, PA

City

Med. Sold Price

$257.6K

Med. Price/SqFt

$195

Avg. Days On Market

54

# of Sold Homes

923

7111 Rising Sun Ave vs Philadelphia

152 DAYS ON ROCKET

+98 Days

$550,000

+$292.3K More

$204/SqFt

+$9 More

KEY TAKEAWAY

This property is $292.3K more than the Median Sold Price and $9/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: #PAPH2279390

Listing Office:

  • Office Name: Re/Max One Realty
  • Office Phone: (215) 961-6003
  • Listing Agent: Matthew J Albright

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: 4/28/2024, 12:10:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 26, 2008Home Sold
$180,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,214 -
2019$3,083$220,300
2018$2,697$192,700
2017$2,697$192,700

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-1961320
4
/10

  • Kennedy Crossan Academic Plus Elementary School

  • 7350 Bingham St

  • 0.37 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1961321
5
/10

  • Woodrow Wilson Middle School

  • 1800 Cottman Ave

  • 1.01 miles

  • Public District Grades 6-8

High School

school-card-donut-1961322
5
/10

  • Northeast High School

  • 1601 Cottman Ave

  • 0.83 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 $46,152. Most Philadelphia, PA residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19111›7111 Rising Sun Ave

This home is located at 7111 Rising Sun Ave in Philadelphia, PA and zip code 19111 in the Near Northeast Philadelphia neighborhood. This 2,700 square foot home, which was built in 1925, sits on a 0.16 acre lot. It has been listed on Rocket Homes since November 28, 2023 and is currently priced at $550,000.

Over 228 listings were sold over their listed price in March 2024 in Philadelphia, PA. In the same period over 481 listings were sold below the listed price and 214 listings were sold for the listed price. The inventory of homes for sale in Philadelphia, PA between February 2024 and March 2024 increased by 4.6%. In March 2024 median list price was $257,610 and the average listing age was 54 days.

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

More Resources