#PAPH2411506, Jordan B Wiener, Listing Office: Compass Pennsylvania, LLC
$6,329
closing credit¹
1212 W Dauphin St Philadelphia, PA 19133
Property details
About 1212 W Dauphin St
Property Addresses included in portfolio : 2725 Glenwood Ave MLS# PAPH2285644 | 2530 Ridge Ave MLS# PAPH2285656 | 1913 N 23rd MLS# PAPH2285666 | 1941 N 23rd MLS# PAPH2285670 | 1210 W Dauphin MLS# PAPH2285626 | 1212 W Dauphin MLS# PAPH2285638 Total Asking Price For Portfolio: $3,200,000 Scan for photos on the Virtual Offering Memorandum. Here is a remarkable investment opportunity in the heart of Philadelphia – a portfolio of six triplex multi-family buildings, offering a total of 18 units, 19 bathrooms, and 31 bedrooms. This is an exceptional chance for discerning investors seeking a strong return. All leases except for Glenwood units are through PHA making rent payments guaranteed. 2024 rents are poised to increase $1764 for 2 beds and $1476 for 1 beds. Advertised rents are for 2024 proforma, and current cap rate is 8%+ **Key Features:** - Turnkey Recently Renovated Portfolio: These properties have been meticulously renovated, ensuring they are in superb condition and ready for occupancy or rental. - Rent Program Tenants: Enjoy the reliability of guaranteed rent from the city, providing a stable income stream. - Under Market Rents: There exists an opportunity to maximize your returns by adjusting rental rates to align with the current market conditions. - Proximity to Philadelphia Schools: These properties are conveniently located near Philadelphia schools, making them appealing to potential tenants with families. **Location:** Strategically positioned in Philadelphia, a city renowned for its vibrant culture and robust real estate market. With easy access to schools and essential amenities, this location is poised for growth and offers excellent rental potential. This outstanding investment opportunity is exclusively represented by MY Philly Cassell, your trusted partner in Philadelphia real estate. If you are considering expanding your investment portfolio or entering the dynamic Philadelphia real estate market, this is an opportunity you should explore. Seize this remarkable chance to acquire this portfolio of multi-family buildings. Contact us today to obtain more details and take the first step toward securing a prosperous investment in the City of Brotherly Love.
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2285638
- MLS Name: BRIGHT
- Office Name: KW Empower
- Office Phone: (215) 627-3500
- Office Email: vicki@kwempower.com
- Listing Agent: Richard K Cassell
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Last updated on: 2/8/2025, 4:57:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of building exterior](/homes/listing-images/51529430_S0366/S0366/S0366-R0100/802658606886/802658606886-1.jpg?version=1698168660&width=640)
$533,000
1212 W Dauphin St
$6,329
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 22, 2022 | Home Sold | $170,000 |
Jul 17, 2018 | Home Sold | $65,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $215,200 | $3,012 |
2022 | $215,200 | $1,082 |
2021 | $- | $1,082 |
2020 | $77,300 | $1,082 |
2019 | $101,100 | $1,415 |
2018 | $77,300 | $1,082 |
2017 | $77,300 | $1,082 |
History based on county public records data.
Nearby schools
2
Kipp North Philadelphia Charter School
Public Charter KG-6
0.4 mi
•2539 N 16th St
3
Mastery Charter School at Clymer
Public Charter KG-6
0.6 mi
•1201 W Rush St
1
Thomas May Peirce Elementary School
Public District KG-6
1.1 mi
•2300 W Cambria St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $19,000. Most Philadelphia, PA residents have annual incomes less than $<35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 1212 W Dauphin St in Philadelphia, PA and zip code 19133 in the Lower North Philadelphia neighborhood. This 1,775 square foot home, which was built in 1925, sits on a 0.02 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since October 24, 2023 and is currently priced at $533,000.
Over 152 listings were sold over their listed price in January 2025 in Philadelphia, PA. In the same period over 457 listings were sold below the listed price and 186 listings were sold for the listed price. The number of listings in Philadelphia, PA increased by 3.5% between December and January 2025. Listings spent 52 days on the market in January 2025, and had a median list price of $266,945 during the same period.