Skip To Content

1843 N Van Pelt Street

PHILADELPHIA, PA 19121
  • $399,900
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: PAPH2417028
Short Sale
UPDATED: 48 min ago
$399,900
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,220
    SQFT
  • $180
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:

School Ratings & Info

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 Universitys 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, HVAC systems, a 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 Brewerytowns 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 youre looking to maximize rental income or house hack your way to financial success, this is an investment you wont want to miss. The tenants in Unit 1 and Unit 2 are due to vacate at the end of November/early December. Unit 3 is unoccupied by tenants. Property is being sold as is where is, as a short sale.

Monthly Payment Calculator



©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kristin & Mike Team of Northrop Realty, A Long & Foster Company. 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. Data last updated: 2024-12-02T17:51:55.023.
www.kmteamrealestate.com/homes/157548158
Print Image

1843 N Van Pelt Street PHILADELPHIA, PA 19121

  • Price: $399,900
  • Status: Active
  • On Site: 26 Days
  • Updated: 48 min ago
  • ID#: PAPH2417028
0
Beds
0
Baths
0
½ Baths
0.03
Acres
2,220
SQFT
$180
$/SQFT
1915
Built
Neighborhood:
Temple University
County:
Philadelphia
Area:
19121 (19121)
School District:
The School District Of Philadelphia
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 Universitys 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, HVAC systems, a 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 Brewerytowns 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 youre looking to maximize rental income or house hack your way to financial success, this is an investment you wont want to miss. The tenants in Unit 1 and Unit 2 are due to vacate at the end of November/early December. Unit 3 is unoccupied by tenants. Property is being sold as is where is, as a short sale.
Exterior Features

Architectural Style Straight Thru Construction Materials Masonry Door Features Double EntryInsulated Exterior Features Exterior LightingBump-outsPlay Area Garage YN No Lot Features Adjoins - Open Space Other Structures None Parking Types On Street Patio And Porch Features Porch(es) Pool No Pool Property Condition Very GoodExcellent View City Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2220 Appliances Water Heater - High-EfficiencyWasher/Dryer StackedStainless Steel AppliancesRefrigeratorRange HoodOven/Range - ElectricOven - Self CleaningMicrowaveIntercomHumidifierENERGY STAR DishwasherDual Flush ToiletsBuilt-In Range Basement FullDrainImprovedInterior AccessPoured Concrete Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 700 Cooling Central A/C Exclusions All tenant belongings. Fireplace YN No Flooring Engineered WoodCeramic Tile Heating Forced Air Heating YN Yes Interior Features Wood FloorsUpgraded CountertopsBathroom - Tub ShowerBathroom - Stall ShowerSprinkler SystemRecessed LightingKitchen - GourmetIntercomFormal/Separate Dining RoomFloor Plan - OpenCombination Kitchen/Dining Rooms Total 6 Security Features IntercomFire Detection System24 hour securitySecurity GateSprinkler System - Indoor Single Room Units 0 Spa YN No Three Bedroom Units 1 Two Bedroom Units 1 Units Furnished None Walls Ceilings 9'+ CeilingsDry Wall

Property Features

Acceptable Financing ConventionalFHACash Accessibility Features None Central Air YN Yes Cooling Fuel Electric Cross Street Montgomery Electric 200+ Amp Service Existing Lease Type Long Term Foundation Details BlockPermanentSlab Heating Fuel Natural Gas Historic YN No Hot Water Electric Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 3 Number Of Units Vacant 1 Original MLSNumber 803466855380 Ownership Interest Fee Simple Property Sub Type Triplex Rent Control YN No Sale Type Short Sale Sewer Public Sewer Structure Design Type End of Row/Townhouse Tax Annual Amount 1324.00 Tax Lot 110 Total Actual Rent 43980.00 Transportation Airport less than 10 milesBus Stop less than 1 mileMetro/Subway Station less than 1 mileCommuter Rail Station less than 1 mileCommuter Lots less than 5 miles Utilities Natural Gas AvailableElectric AvailableCable TV AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Window Features ENERGY STAR QualifiedEnergy Efficient Year Built Effective 2022 Zoning RSA5 Zoning Description RSA 5 - With a Zoning Permit for a 3 Family usage. Check Public Record through Philly Atlas for confirmation.

Listing courtesy of CG Realty, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kristin & Mike Team of Northrop Realty, A Long & Foster Company. 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. Data last updated: 2024-12-02T17:51:55.023.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803466855380-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803466855380-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803466855380-2.jpg
Logo
Kristin & Mike Team of Northrop Realty, A Long & Foster Company
10065 Baltimore National Pike
Ellicott City MD, 21042