StatusAccepting Backup Offers (ACTIVE UNDER CONTRACT)
About 833 N 63rd St
Nestled at 833 N 63rd Street, mere minutes from the bustling City Line Avenue and conveniently close to various public transportation options, this quadplex presents a rare opportunity for discerning investors seeking both immediate returns and long-term potential. Renovated in 2017, each of the four distinct apartments exudes modern charm and timeless appeal, boasting elegant wood floors, exposed brick accents, and gleaming stainless steel appliances. The property's strategic location is further complemented by its proximity to a burgeoning development landscape, with a brand-new six-unit apartment building under construction adjacent to it, promising favorable future comparables. **Unit Configurations and Rental Income:** - **Apartment 1:** A spacious 2-bedroom, 2-bathroom sanctuary, commanding $1800 per month in rent. - **Apartment 2:** Featuring 2 bedrooms and 1 bathroom, this unit offers comfortable living at $1500 monthly. - **Apartment 3:** Another inviting 2-bedroom, 2-bathroom retreat, generating $1500 in monthly rental income. - **Apartment 4:** Ideal for individuals or couples, this 1-bedroom, 1-bathroom haven commands $1200 per month. **Operating Costs:** - **PECO Common Area:** A reasonable $290 ensures efficient electricity distribution across common spaces. - **Philadelphia Water Department:** $350 - **Landscaping:** With a monthly upkeep cost of $120 (May-November), the property's exterior maintains its inviting allure. - **HVAC Maintenance:** Scheduled preventative maintenance, budgeted at $1200 annually, ensures optimal functionality of heating, ventilation, and air conditioning systems. - **Insurance:** Currently estimated at $4052, adjustments are advised to optimize expenses and enhance profitability. - **Taxes:** Set at $5599 This meticulously maintained quadplex not only promises immediate returns through its robust rental income but also stands poised to capitalize on the area's burgeoning development, making it an irresistible prospect for investors seeking both stability and growth in Philadelphia's dynamic real estate market.
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1925
Living Area: 3,426 SqFt
Listing Office:
Office Name: Keller Williams Main Line
Office Phone: (610) 520-0100
Listing Agent: Aaron Wallace
Interior Features
Interior Information:
Basement: No
Flooring Type: Wood
Interior: Ceiling Fan(s)
Exterior Features
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot Size: 0.21 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air, Ceiling Fan(s)
School Info
Assigned Schools Information:
Overbrook High School, Public District Grades 9-12
Dimner Beeber Middle School, Public District Grades 6-8
Universal Bluford Charter School, Public Charter Grades KG-6
Other
Directions Information:
Directions: USE GPS
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $499,999
Price Per SqFt: $146/SqFt
Tax Information:
Annual Amount: $4,243
Tax Year: 2020
What can I afford?
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Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $241.1K more than the Median Sold Price and $50/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: #PAPH2322684
Listing Office:
Office Name: Keller Williams Main Line
Office Phone: (610) 520-0100
Listing Agent: Aaron Wallace
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.
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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
4
/10
Universal Bluford Charter School
5801 Media St
Distance between this listing and this school0.50 miles
Public Charter Grades KG-6
Middle School
2
/10
Dimner Beeber Middle School
5925 Malvern Ave
Distance between this listing and this school0.65 miles
Public District Grades 6-8
High School
2
/10
Overbrook High School
5898 Lancaster Ave
Distance between this listing and this school0.46 miles
Public District Grades 9-12
Assigned Schools
4
/10
Universal Bluford Charter School
5801 Media St
Distance between this listing and this school0.50 miles
Public Charter Grades KG-6
Nearby Schools
3
/10
Overbrook Elementary School
2032 N 62nd St
Distance between this listing and this school0.31 miles
Public District Grades KG-6
4
/10
Lewis C. Cassidy Academics Plus School
6523 Lansdowne Ave
Distance between this listing and this school0.33 miles
Public District Grades KG-6
Assigned Schools
2
/10
Dimner Beeber Middle School
5925 Malvern Ave
Distance between this listing and this school0.65 miles
Public District Grades 6-8
Nearby Schools
5
/10
Philadelphia Harambee Inst Charter School
640 N 66th St
Distance between this listing and this school0.45 miles
Public Charter Grades KG-8
3
/10
Global Leadership Academy Charter School
4601 W Girard Ave
Distance between this listing and this school1.61 miles
Public Charter Grades KG-8
Assigned Schools
2
/10
Overbrook High School
5898 Lancaster Ave
Distance between this listing and this school0.46 miles
Public District Grades 9-12
Nearby Schools
4
/10
Mastery Charter School -Shoemaker Campus
5301 Media St
Distance between this listing and this school0.90 miles
Public Charter Grades 7-12
3
/10
William L. Sayre High School
5800 Walnut St
Distance between this listing and this school1.39 miles
The neighbors living near this home have an average income of $25,326. The most common annual income of people living in Philadelphia, PA is less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 833 N 63rd St in Philadelphia, PA and zip code 19151 in the West Philadelphia neighborhood. This 3,426 square foot home, which was built in 1925, sits on a 0.21 acre lot. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $499,999.
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%. While the average time on the market in April 2024 was 50 days, the median list price was $258,806.
From Rocket Homes Real Estate and based on county public records data.