#PAPH2443140, Lynn Lynch-Magaro, Listing Office: Redfin Corporation
1221 Wagner Ave Philadelphia, PA 19141
Property details
About 1221 Wagner Ave
Investment Property with Reliable Income! Huge 6 bed 2 full bath home with a basement, fully occupied, on a large corner lot. Oversized porch, fireplace and big bedrooms upstairs. Updated 200 amp electric, gas water heater, radiator oil heat. The property is currently leased to a professional property management company that manages over 20 properties. They guarantee a monthly rental income of $1,800 ($21,600 annually) and handle all utilities, maintenance, and repairs, with the landlord covering material costs only, as necessary. The management company also oversees subleasing, offering the owner a dependable, hands-off income stream. Property is being sold in as-is condition and Buyer is responsible for all municipal certifications. This property can also be purchased as part of a 3 property portfolio package including 3539 N Marvine St, Philadelphia and 5129 N 10th St, Philadelphia which is producing a combined $69,600 annually. The asking price for all 3 properties is $600,000.
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2417396
- MLS Name: BRIGHT
- Office Name: Keller Williams Realty - Moorestown
- Office Phone: (856) 316-1100
- Office Email: klrw984@kw.com
- Listing Agent: Austin Cennimo
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.
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Last updated on: 2/22/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$238,991
1221 Wagner Ave
$2,838
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 18, 2022 | Home Sold | $195,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $163,700 | $- |
2022 | $163,700 | $- |
2021 | $- | $1,546 |
2020 | $111,000 | $1,553 |
2019 | $110,500 | $1,546 |
2018 | $121,600 | $1,702 |
2017 | $121,600 | $1,702 |
History based on county public records data.
Nearby schools
3
James Logan Elementary School
Public District KG-5
0.5 mi
•1700 Lindley Ave
4
Julia Ward Howe Academics Plus Elementary School
Public District KG-5
0.6 mi
•5800 N 13th St
2
Joseph Pennell Elementary School
Public District KG-5
0.8 mi
•1800 Nedro Ave
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 $37,009. Most Philadelphia, PA residents have annual incomes less than $<35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 1221 Wagner Ave
This home is located at 1221 Wagner Ave in Philadelphia, PA and zip code 19141 in the Fern Rock neighborhood. This 3,024 square foot home, which was built in 1940, sits on a 0.07 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 6, 2024 and is currently priced at $238,991.
In January 2025, from all listings sold in Philadelphia, PA there were more than 152 sold above asking price, over 457 sold below and more than 186 were sold right at the asked price. The number of homes for sale in Philadelphia, PA increased by 3.5% between December and January 2025. In January 2025 median list price was $266,945 and the average listing age was 52 days.