1843 N VAN PELT ST Active

Philadelphia,PA 19121

$ 380000

- Bed

- Bath

2220 SqFt


Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,220 sqft

Price per Sqft $171

Subdivision Temple University

MLS Listing ID PAPH2417028

Style Straight Thru

Abv Grd Liv Area 2,220

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $1,324

Tax Year 2024

Lot Size 1,403 Sqft

Acres 0.03

Lot Dimensions 17.00 x 85.00

Property Description

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.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RSA5

Rooms

Basement Full,Drain,Improved,Interior Access,Poured Concrete

Interior

Interior Features Wood Floors,Upgraded Countertops,Bathroom - Tub Shower,Bathroom - Stall Shower,Sprinkler System,Recessed Lighting,Kitchen - Gourmet,Intercom,Formal/Separate Dining Room,Floor Plan - Open,Combination Kitchen/Dining

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Flooring Engineered Wood,Ceramic Tile

Equipment Water Heater - High-Efficiency,Washer/Dryer Stacked,Stainless Steel Appliances,Refrigerator,Range Hood,Oven/Range - Electric,Oven - Self Cleaning,Microwave,Intercom,Humidifier,ENERGY STAR Dishwasher,Dual Flush Toilets,Built-In Range

Fireplace N

Window Features ENERGY STAR Qualified,Energy Efficient

Appliance Water Heater - High-Efficiency,Washer/Dryer Stacked,Stainless Steel Appliances,Refrigerator,Range Hood,Oven/Range - Electric,Oven - Self Cleaning,Microwave,Intercom,Humidifier,ENERGY STAR Dishwasher,Dual Flush Toilets,Built-In Range

Heat Source Natural Gas

Exterior

Exterior Feature Porch(es)

Utilities Available Natural Gas Available,Electric Available,Cable TV Available,Sewer Available,Water Available

Water Access N

View City

Accessibility None

Porch Porch(es)

Garage N

Building

Lot Description Adjoins - Open Space

Foundation Block,Permanent,Slab

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Additional Building Above Grade,Below Grade

Structure Type 9'+ Ceilings,Dry Wall

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 322067100

Ownership Fee Simple

SqFt Source Assessor

Security Features Intercom,Fire Detection System,24 hour security,Security Gate,Sprinkler System - Indoor

Acceptable Financing Conventional,FHA,Cash

Listing Terms Conventional,FHA,Cash

Financing Conventional,FHA,Cash

Special Listing Condition Short Sale

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