824 S 51st St, Philadelphia, PA 19143

Studio, 2,336 sqft
Sold: $174,900
Sold on 05/07/14
Zestimate®: $167,837
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My Notes
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Unique opportunity to own a super-solid building with great cashflow in an appreciating area of West Philadelphia. Once zoned as a triplex, the building currently consists of a 1st floor apartment with original hardwood floors with decorative inlay, two good-size bedrooms, spacious kitchen, and access to rear yard; a 3rd floor apartment, also with private entrance, nicely renovated with a spacious bedroom and a large living room (that could be used a second bedroom) with a nice deck overlooking the backyard; and an open 2nd floor with two bedrooms (one is rented to a tenant and one as storage), kitchen and hall bath, each with their own locking doors. Basement access through 1st floor unit as well as exterior. All leases are month-to-month. Located just off Baltimore Avenue on a lovely block with a great combination of longtime homeowners and new renovations. The owners are open to putting zoning in place prior to settlement based on a buyer's preferred use.  MoreLess
 
Facts
  • Lot: 1,742 sqft
  • Multi Family
  • Built in 1929
  • Cooling: Wall
  • Heating: Other
  • Last sold: May 2014 for $174,900
  • Price/sqft: $75
Features
  • Ceiling Fan
  • Flooring: Carpet, Hardwood, Tile, Other
  • Parking: 0 space
Room Types
  • Family room
Construction
  • Exterior material: Brick, Stucco
  • Roof type: Other
  • Room count: 10
  • # Stories: 3.0
  • Structure type: Other
  • Unit count: 3
Other
  • Floor size: 2,336 sqft
  • Heating: Gas
  • Lot depth: 96
  • Lot width: 20
  • Parcel #: 511024900
  • Zillow Home ID: 10477808
Home Values
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$167,837
-$16,332 Last 30 daysd
$116K
$223K
Zestimate range
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$1,383/mo
+$60 Last 30 daysd
$802
$2.1K
Zestimate range
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Neighborhood for 824 S 51st Street

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Zillow predicts Kingsessing home values will rise 1% next year, compared to a 1.2% rise for Philadelphia as a whole. Among Kingsessing homes, this home is valued 187.9% more than the midpoint (median) home, and is valued 54.2% more 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 fell 51.1% in the last year. The number of unsold foreclosures is 91.8% higher than in Philadelphia, and 109% 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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    Other Units in this Building (2)ZestimateBedsBathsSqft

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