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Sold for $256,900
  • $256,900

    125 W Chew Ave, Philadelphia, PA 19120

    3beds
    1,904sqft
    Townhouse
    Built in 1925
    1,600 Square Feet Lot
    $281,600 Zestimate®
    $135/sqft
    $1,840 Estimated rent

    Home value

    $281,600

    $268,000 - $296,000

    $1,840/mo

    Zestimate® history
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    $1,840/mo

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    $1,573/mo

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    What's special

    Centrally located in Northeast Philadelphia, this 1,904sqft property offers a multitude of possibilities for business owners seeking a storefront and a residence, close to the shopping center and groceries. Divided as a duplex, but zoning is RSA5 (single-family). The renovated 2nd level residence impresses with an openly flowing layout, soft natural light, beautiful faux wood flooring, modern paint hues, spacious living room, chic full bathroom, large bedrooms, and an open concept kitchen featuring stainless-steel appliances. Fashioned as a storefront, the lower-level may be utilized as a shop or even a fashionable salon. Boasting a potential annual net income of $40,000 with a cap rate of 8%, this affords a rare and potentially profitable opportunity for a seasoned investor. Please note, the back cottage (separate entrance) is occupied by a squatter, and seller is in the eviction process, expected to be done by the end of June. The property was divided into a duplex; however zoning is RSA5, single family. The previous owner did variance in 1975 and operated Child Care before. Seize the moment, and call now to schedule a private showing!

    Zillow last checked:

    Listing updated:

    Listed by:

    Anastasia Tran 215-869-8280,

    KW Empower

    Bought with:

    Meriles Joseph, RS302119

    Long & Foster Real Estate, Inc.

    Source: Bright MLS,MLS#: PAPH2235868MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Basement
    • Area: 0
    Heating
    • Heat Pump, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Water Heater
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,904
    • Total interior livable area: 1,904 sqft
    • Finished area above ground: 1,904
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 1,600 Square Feet
    • Dimensions: 17.00 x 97.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 871582590
    • Zoning: RSA5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    Materials
    • Masonry
    • Foundation: Brick/Mortar
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Olney
    HOA
    • Has HOA: No
    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Financial & listing details

    • Price per square foot: $135/sqft
    • Tax assessed value: $151,300
    • Annual tax amount: $2,117
    • Date on market: 5/18/2023
    • Listing agreement: Exclusive Agency
    • Listing terms: FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/5/2024Sold$256,900+2.8%$135/sqft
    Source: Bright MLS #PAPH2235868 Report a problem
    10/27/2023Pending sale$249,900$131/sqft
    Source: Bright MLS #PAPH2235868 Report a problem
    6/7/2023Contingent$249,900$131/sqft
    Source: Bright MLS #PAPH2235868 Report a problem
    5/18/2023Listed for sale$249,900+233.2%$131/sqft
    Source: Bright MLS #PAPH2235924 Report a problem
    1/13/2023Sold$75,000-46.4%$39/sqft
    Source: Public Record Report a problem
    10/5/2022Listing removed$140,000$74/sqft
    Source: Bright MLS #PAPH2141262 Report a problem
    8/23/2022Price change$140,000-9.7%$74/sqft
    Source: Bright MLS #PAPH2141262 Report a problem
    7/25/2022Listed for sale$155,000+29.2%$81/sqft
    Source: Bright MLS #PAPH2141262 Report a problem
    6/1/2006Sold$120,000+41.2%$63/sqft
    Source: Public Record Report a problem
    1/12/2006Sold$85,000$45/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,126 +0.4%$151,900 +0.4%
    2024$2,118 $151,300
    2023$2,118 +4.8%$151,300
    2022$2,021 --
    2021$2,021 +1%--
    2018$2,002 --
    2017$2,002 +12.5%--
    2016$1,780 -21.8%--
    2015$2,276 --
    2014$2,276 $162,600
    Find assessor info on the county website

    Neighborhood: Olney

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: The School District Of Philadelphia

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $281,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $281,600