1315 S 58th St, Philadelphia, PA 19143

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1315 S 58th St Philadelphia, PA 19143

5 beds2 baths1,950 sqft

Sold: $7,749
Sold on 06/12/12
Zestimate®: $87,030
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My Notes

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Huge 2 Unit. Not a total shell but it needs alot of work. REO Sale. Bring your flashlight and your contractor. Zoning Status is unknown. (i.e. Not certain if the property has legal two-unit zoning). Property has great potential for strong positive cash flow and is priced to sell. Property has separate gas and electric for each apartment. Sale is subject to bankruptcy court approval. Settlement date is contingent on recording of the deed from the bankrupt debtor (i.e. former owner). Cash offers are preferred, but Seller financing may be considered for well qualified buyers. This is a great opportunity for the skilled investor or contractor. No seller's disclosure will be provided. The City is currently demolishing the neighboring property (#1317). This should be completed by 09/07/2010.  More Less 

Facts

  • Lot: 1,742 sqft
  • Multi Family
  • Built in 1915
  • Last sold: Jun 2012 for $7,749
  • Price/sqft: $4

Features

  • View: Territorial

      Construction

      • Exterior material: Brick
      • # Stories: 3.0
      • Unit count: 1

      Other

      • Floor size: 1,950 sqft
      • Lot depth: 97
      • Lot width: 16
      • Parcel #: 513048500
      • Zillow Home ID: 10480705

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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      $87,030
      -$7,028 Last 30 days
      $57K
      $110K
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $1,621/mo
      -$59 Last 30 days
      $810
      $2.3K
      Zestimate range
      Zestimate forecast
      $XXX,XXX
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      Popularity on Zillow

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      Neighborhood

      Market guide

      Zillow predicts Kingsessing home values will increase 3.7% next year, compared to a 3.4% increase for Philadelphia as a whole. Among Kingsessing homes, this home is valued 43.1% more than the midpoint (median) home, but is valued 93.9% less per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In the Kingsessing market, the number of foreclosures waiting to be sold climbed 15% in the last year. The number of unsold foreclosures is 52.6% greater than in Philadelphia, and 154.9% higher than the national average. This higher local number may prevent Kingsessing home values from rising as quickly as other regions in Philadelphia.

      Learn more about forecast calculations or Kingsessing home values.
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        Nearby Schools in Philadelphia

        GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org

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