Listed By:
HomeSmart Realty Advisors
Address
638 N Shedwick Street, Philadelphia, PA
Price
$ 680,000
Property Attributes
  • MLS#PAPH2346012
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19104
  • NeighborhoodUniversity City
  • Zip19104
  • StyleContemporary
  • Year Built2024
  • Taxes$ 369
  • Price$ 680,000
  • Bedrooms5
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size871 SqFt
Data Source:
Bright MLS
Property Description

Welcome to TOP NOTCH FINISHED BRAND NEW CONSTRUCTION DUPLEX in one of the most robust rental and investment markets IN UNIVERSITY CITY. This property presents an outstanding investment opportunity, located within walking distance of Drexel University and UPENN. The AMAZING DUPLEX consists of TWO luxury condo-style apartments, each designed with spacious layouts and upscale finishes. Unit #1 features 2 bedrooms and 2,5 bathrooms AND HUGE BACK YARD Unit #2 offers 3 bedrooms and 3 bathrooms AND UNOBSTRUCTED 360 Degree ROOF TOP DECK. Each unit boasts an expansive open concept living area, a modern kitchen with upgraded appliances, and generously sized bedrooms with ample closet space. Unit 1 also includes a sizable back patio. All units are individually metered for electric, and each has its own electric furnace and water heater, as well as a washer and dryer. This property is perfect for Drexel / UPENN and as well as with excellent access to public transportation and Downtown Philadelphia, 638 N SHEDWICK boasts a Walk Score of 87 out of 100, a Transit Score of 92 out of 100, and a Bike Score of 95 out of 100. Additionally, the area is home to numerous restaurants, cafes, bars, boutiques, and stores, all within walking distance. This property is a must-see for investors and first home buyers! The predicted monthly income for this potential money-making apartment is approximately $4100. The Lastly, it is important to note that the property qualifies for a 10-YEAR TAX ABATEMENT is in process and comes with a 1-YEAR BUILDER WARRANTY. Opportunity is knocking for investors! WHY WOULD YOU WAIT? SCHEDULE SHOWING AND MAKE AN OFFER

Price History
4/23/2024 Listed $699,000
5/3/2024 2% - $690,000
5/18/2024 2% - $680,000

General Features

Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Possession Immediate
Zoning RSA5
Architectural Style Contemporary
Construction Materials Brick
Year Built 2024
Property SubType Duplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County PHILADELPHIA
New Construction Yes
Property Type Multi-Family
Subdivision Name UNIVERSITY CITY
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Total Rooms 5
Status ACTIVE
Directions GPS
ModificationTimestamp 2024-05-18T16:27:24
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 2
MLS Area 19104 (19104)
Lot Size Square Feet 833.00
Tax Assessed Value 26400.0
Waterfront Y/N No
Street Name SHEDWICK
Tax Annual Amount 369.0
Property Condition Excellent
Two Bedroom 1
Structure Type Other
Price Per Sq Ft Total 272.0
Construction Completed Y/N Yes
Vacation Rental Y/N No
Total SQFT 2500
Days on Market 27
Standard Status Active
Year Built Source Estimated
Tax Lot 205
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Basement Fully Finished
Hot Water 60+ Gallon Tank
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix STREET
Central Air Y/N Yes
LivingAreaSource Estimated
Three Bedroom Units Count 1

Exterior Features

Pool No Pool
Water Source Public
Type of Parking On Street
Land Use Code SR
Water View Y/N No
Lot Dimensions 14.00 x 60.00
Lot Size Acres 0.02
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 26400.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19104

Price
AVG $920K
$680K
Taxes
AVG $3,933
$369
Visits
AVG 279
201
Data Provided by Inside Real Estate®
Year Built
AVG 1950
2024