$3,350,000

6422 Palmetto St Philadelphia, PA 19111

0.2 acres
Land

Property details

About 6422 Palmetto St

Great Opportunity for an investor and an owner to occupy this 11,629 square feet with a finished basement of 3471 square feet located on 6423-25 Rising Sun Ave. The bank has both entrances from Rising Sun Ave and a parking lot with a large open corridor, lobby, waiting area, personal banker cubicles, reception, meeting room, teller vault, safe deposit vault, men + ladies bathroom, 2-private executive office with bath, lunch room, 2 large conference room with plenty of storage rooms. The adult care center has both entrances large lobby, 4 private offices, a large conference room in the back with a kitchenette, a work room, and 4 bathrooms. The finished basement has 5 large office rooms, 2 baths, a kitchenette, utility rooms, and plenty of storage spaces. There are sprinkler systems in the building, the new roof was installed in April 2024 and the adult care was renovated a few years ago. There are 6 rooftop HVAC Units and 3 were installed after 2017. There are large signages in the front and the back street. Currently, both tenants Bank of America's 7,398 sf and the Adult Care center's 4231 square feet are occupying. This sale included 2 additional lots currently 75 parking spaces 6410-20 Parlmetto Street #885681300 and 6422 Palmetto Street # 885682140. The parking lots are shared between both tenants now and the bank does have a drive-thru in the back. Both front entrances are on Rising Sun Ave and the parking entrance and exit are on Levick Street and Palmetto Street. Conveniently located on this busy Rising Sun Ave in the most desirable Northeast Philadelphia, Minutes to Montgomery County, Center City. Also, the building is for lease at $22.00 per square foot. The buyer and agent must check the size and zoning. All showing must send POF before showing.

Highlights

Home typeVacant Land
StatusActive
(ACTIVE)
Lot size0.24 Acres
MLS #PAPH2410038

Summary

  • MLS Number: PAPH2410038
  • MLS Name: BRIGHT
  • Office Name: Keller Williams Realty
  • Office Phone: (856) 321-1212
  • Office Email: klrw653@kw.com
  • Listing Agent: Paul P Cheng
  • Agent Phone: (215) 327-1722
  • Agent Email: paulcheng@kw.com

IDX 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.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 2:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$3,350,000

6422 Palmetto St

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Price information

Property sales

DateEventPrice
Dec 10, 2015
Home Sold
$450,000
Aug 15, 2012
Home Sold
$750,000
Jul 20, 2010
Home Sold
$525,000
Apr 13, 2005
Home Sold
$1,215,354
Apr 13, 2005
Home Sold
$187,500

Tax history

YearAssessmentProperty Tax
2023$107,100$1,499
2022$107,100$1,499
2021$-$1,499
2020$107,100$1,499
2019$107,100$1,499
2018$104,000$1,455
2017$104,000$1,455

History based on county public records data.

Nearby schools

3

Laura H. Carnell School

Public District KG-5

0.9 mi

1100 Devereaux Ave

6

J. Hampton Moore School

Public District KG-5

0.9 mi

6900 Summerdale Ave

5

Cheltenham Elementary School

Public District KG-4

1.0 mi

7853 Front St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $56,101. The most common annual income of people living in Philadelphia, PA is between $35k-100k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

37%
<35k
45%
35k-100k
17%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

48%
Single, No Kids
23%
Single, with Kids
12%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
11%
12-17 yrs old
26%
18-34 yrs old
38%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 6422 Palmetto St

This home is located at 6422 Palmetto St in Philadelphia, PA and zip code 19111 in the Near Northeast Philadelphia neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $3,350,000.

While more than 154 listings in Philadelphia, PA in February 2025 were sold above asking price, there were more than 166 listings sold at asking price, and more than 396 were sold below. The number of listings in Philadelphia, PA increased by 10.7% between January and February 2025. While the average time on the market in February 2025 was 59 days, the median list price was $268,469.

From Rocket Homes Real Estate and based on county public records data.

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