28 days on rocket

811 BLDG1 S 11th St, Philadelphia, PA, 19147

$865,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,808 SqFt
$308/SqFt
Multi
Schools Nearby

Location

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811 BLDG1 S 11th St, Philadelphia$865,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1915
HeatingBaseboard
CoolingCentral Air
BasementYes
MLS #PAPH2345368
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 811 BLDG1 S 11th St

Opportunity to purchase a real estate rental portfolio. Offering 9 units in the form of 3 triplexes, all in South Philadelphia on 11th Street. Total asking price is $2,595,000. Buildings have been owned for between 3 and 17 years with a 99% occupancy rate. All units are currently occupied. Although it is for three buildings, it is an all-or-nothing offer in which all three buildings must be purchased together. All three buildings are on 11th street in the Bella Vista area of South Philadelphia. Within the nine units are: Seven 2-bedroom apartments, Two 1-bedroom apartments. Building 1 is 811 South 11th street. It consists of three 2-bedrooms apartments. Each unit has 1 full bathroom, outdoor space, and central air. Two of the units have in-unit washer-dryers and the third uses a coin operated unit in the basement. There are also storage cages for each unit in the basement. All units are separately metered. All units are currently occupied at the following rents: $2,000 / $1700 / $1,750 for a total rent roll of $5,450. Building 2 is 819 South 11th Street. It consists of two 2-bedroom units and one 1-bedroom unit. Each unit has one full bathroom and in-unit washer-dryers. The ground floor unit has a small yard. All units are separately metered. All units are currently occupied at the following rents: $1,650 / $1,400 / $1,450 for a total rent roll of $4,500. Building 3 is 1182 South 11th Street. It consists of two 2-bedroom units, each with two full baths and one 1-bedroom unit with one full bath. Each unit has in-unit washer-dryers and central air. The third-floor unit has an outdoor deck. All units are separately metered. All units are currently occupied at the following rents: $2,000 / $2,000 / $1,605 for a total rent roll of $5,605.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1915
  • Living Area: 2,808 SqFt

Listing Office:

  • Office Name: HomeZu by Simple Choice
  • Office Phone: (855) 885-4663
  • Listing Agent: Christopher J Carr

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • South Philadelphia High School, Public District Grades 9-12
  • D. Newlin Fell School, Public District Grades KG-8

Other

Directions Information:

  • Directions: South 11th street below Market.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $865,000
  • Price Per SqFt: $308/SqFt
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Housing Market Comparison

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

Med. Sold Price

$258.8K

Med. Price/SqFt

$196

Avg. Days On Market

50

# of Sold Homes

960

811 BLDG1 S 11th St vs Philadelphia

28 DAYS ON ROCKET

-22 Days

$865,000

+$606.1K More

$308/SqFt

+$112 More

KEY TAKEAWAY

This property is $606.1K more than the Median Sold Price and $112/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: #PAPH2345368

Listing Office:

  • Office Name: HomeZu by Simple Choice
  • Office Phone: (855) 885-4663
  • Listing Agent: Christopher J Carr

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: 5/17/2024, 5:20:41 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,660

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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-2765770
6
/10
  • D. Newlin Fell School

  • 900 W Oregon Ave

  • 0.26 miles

  • Public District Grades KG-8

High School

school-card-donut-2765771
3
/10
  • South Philadelphia High School

  • 2101 S Broad St

  • 0.70 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,709. Residents of Philadelphia, PA typically earn less than $35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19147›811 BLDG1 S 11th St

This home is located at 811 BLDG1 S 11th St in Philadelphia, PA and zip code 19147 in the South Philadelphia neighborhood. This 2,808 square foot home, which was built in 1915, sits on a 0.03 acre lot. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $865,000.

While more than 242 listings in Philadelphia, PA in April 2024 were sold above asking price, there were more than 216 listings sold at asking price, and more than 502 were sold below. Between March 2024 and April 2024, Philadelphia, PA real estate market has seen increase in the number of listings by 9.8%. In April 2024, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $258,806.

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

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