A rare opportunity to purchase a TRIPLEX in the heart of East Oak Lane. A great opportunity for investors looking for an income producing property or owner occupants looking to 'house hack' and have the other units pay for their living expenses. The property has 3 separate units and another large bonus / flex room that could be used as a communal area, storage, or whatever the next owner sees fit. The first floor unit is a 2 bedroom / 1 bathroom, and has access to the basement and rear shed area. Unit 2 is on the second floor and could be a 1 bedroom / 1 bathroom or a 2 bedroom / 1 bathroom depending on your vision. The second floor is also where the large bonus room is, as well as a full bathroom in the hallway. Unit 3 is a 2 bed / 1 bathroom and is the entire third floor. The property is on a massive lot, one of the larger lots in the area. Located only a few blocks from Broad St. and Montgomery County. Agent is owner. Property has a rental license for 3 units and Resale Cert for 3 units.
Property Details
Property Features
Property Information:
Architectural Style: Victorian
Year Built: 1925
Living Area: 2,500 SqFt
Listing Office:
Office Name: DRG Philly
Office Phone: (215) 932-4193
Listing Agent: Jon Sanborn
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot Size: 0.44 Acres
Utilities
Utilities Information:
Heating: Baseboard, Radiant
Cooling: None
School Info
Assigned Schools Information:
Promise Academy at Martin Luther King High School, Public District Grades 9-12
General Louis Wagner Middle School, Public District Grades 6-8
Ellwood Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Broad St. to 66th Ave to 8th St.
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $229,000
Price Per SqFt: $92/SqFt
Tax Information:
Annual Amount: $2,282
Tax Year: 2020
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.
This property is $29K less than the Median Sold Price and $104/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: #PAPH2332894
Listing Office:
Office Name: DRG Philly
Office Phone: (215) 932-4193
Listing Agent: Jon Sanborn
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,210
Per Month
Principal & Interest
$1,143
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$753
Powered By
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
2
/10
Ellwood Elementary School
6701 N 13th St
Distance between this listing and this school0.40 miles
Public District Grades PK-5
Middle School
4
/10
General Louis Wagner Middle School
1701 W Chelten Ave
Distance between this listing and this school0.85 miles
Public District Grades 6-8
High School
2
/10
Promise Academy at Martin Luther King High School
6100 Stenton Ave
Distance between this listing and this school1.58 miles
Public District Grades 9-12
Assigned Schools
2
/10
Ellwood Elementary School
6701 N 13th St
Distance between this listing and this school0.40 miles
Public District Grades PK-5
Nearby Schools
4
/10
James R. Lowell Elementary School
450 W Nedro Ave
Distance between this listing and this school0.89 miles
Public District Grades PK-4
7
/10
Myers Elementary School
7609 Montgomery Ave
Distance between this listing and this school0.93 miles
Public District Grades KG-4
Assigned Schools
4
/10
General Louis Wagner Middle School
1701 W Chelten Ave
Distance between this listing and this school0.85 miles
Public District Grades 6-8
Nearby Schools
5
/10
Eugenio Maria De Hostos Charter School
6310 N 2nd St
Distance between this listing and this school0.63 miles
Public Charter Grades KG-8
5
/10
Grover Washington, Jr. Middle School
201 E Olney Ave
Distance between this listing and this school1.41 miles
Public District Grades 5-8
Assigned Schools
2
/10
Promise Academy at Martin Luther King High School
6100 Stenton Ave
Distance between this listing and this school1.58 miles
Public District Grades 9-12
Nearby Schools
4
/10
Imhotep Institute Chs
6201 N 21st St
Distance between this listing and this school1.24 miles
Public Charter Grades 9-12
5
/10
Girls High School
1400 W Olney Ave
Distance between this listing and this school1.26 miles
The neighbors living near this home have an average income of $48,664. Typical income of Philadelphia, PA residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
This home is located at 6648 N 8th St in Philadelphia, PA and zip code 19126 in the East Oak Lane neighborhood. This 2,500 square foot home, which was built in 1925, sits on a 0.44 acre lot. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $229,000.
In May 2024, from all listings sold in Philadelphia, PA there were more than 268 sold above asking price, over 412 sold below and more than 226 were sold right at the asked price. Between April 2024 and May 2024, Philadelphia, PA real estate market has seen increase in the number of listings by 7.2%. The median list price of listings available in May 2024 was $258,046, while the average time on the real estate market was 43 days.
From Rocket Homes Real Estate and based on county public records data.