Bin Mei Zhang, Listing Office: Bright Home Realty, LLC
$4,513
closing credit¹
1843 N Van Pelt St Philadelphia, PA 19121
Property details
About 1843 N Van Pelt St
CALLING ALL INVESTORS AND HOUSE HACKERS! Welcome to 1843 N Van Pelt St, with renovations made within the last 5 years, this 3-unit boutique apartment building is in the rapidly up-and-coming Sharswood neighborhood of Philadelphia, just blocks from Temple University’s main campus. This property offers the perfect opportunity for buyers looking to generate strong rental income or for house hackers seeking to live in one unit while renting the others. This restored building was carefully renovated with no expense spared, blending modern luxury with historic charm. Each unit has been upgraded with high-end finishes, including hardwood floors throughout, stainless steel appliances, granite countertops, and energy-efficient windows. The building features central heat and air, seperate HVAC systems, a newer roof, and water heaters. Each unit has been thoughtfully designed with spacious, open layouts, abundant natural light, and in-unit laundry facilities. The property consists of three separate units: a 3-bedroom, 1-bath unit with private access to the backyard and basement; a 1-bedroom, 1-bath unit; and a bi-level 2-bedroom, 1-bath unit. Each apartment has its own in-unit washer and dryer, updated bathrooms with modern fixtures, and spacious living areas. The large, private backyard is perfect for outdoor entertaining or additional tenant enjoyment. The basement has been waterproofed and offers the potential for additional living space or storage. With its desirable location, this property is ready to generate income upon completion and closure of open permits. Located just steps from Brewerytown’s popular shops, restaurants, and bars, including SPOT Burger, Rybrew, Lucky Goat, and more, this property offers tenants convenience and vibrant neighborhood amenities. Public transportation and major highways are easily accessible, and Fairmount is just a short trip away. 1843 N Van Pelt St offers a rare opportunity to acquire a renovated, potential income-producing property in a rapidly appreciating neighborhood. Whether you’re looking to maximize rental income or house hack your way to financial success, this is an investment you won’t want to miss. All units are vacant, after recent leases were not renewed. Property is being sold as is where is, as a short sale.
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2417028
- MLS Name: BRIGHT
- Office Name: CG Realty, LLC
- Office Phone: (610) 566-5182
- Listing Agent: Anthony Joseph Krupincza
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Last updated on: 1/18/2025, 2:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$380,000
1843 N Van Pelt St
$4,513
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 27, 2019 | Home Sold | $125,000 |
Apr 05, 2018 | Home Sold | $55,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2020 | $0 | $317 |
2019 | $22,000 | $307 |
2018 | $142,300 | $1,991 |
2017 | $142,300 | $1,991 |
History based on county public records data.
Nearby schools
1
Richard R. Wright Elementary School
Public District KG-5
0.7 mi
•2700 W Dauphin St
2
Kipp North Philadelphia Charter School
Public Charter KG-6
0.9 mi
•2539 N 16th 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 $13,452. Residents of Philadelphia, PA typically earn less than $<35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
This home is located at 1843 N Van Pelt St in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This 2,220 square foot home, which was built in 1915, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 5, 2024 and is currently priced at $380,000.
Over 218 listings were sold over their listed price in December 2024 in Philadelphia, PA. In the same period over 580 listings were sold below the listed price and 229 listings were sold for the listed price. In December 2024 in Philadelphia, PA there were 2.3% less homes for sale than in November. While the average time on the market in December 2024 was 49 days, the median list price was $267,873.