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Sold for $120,000
  • $120,000

    1673 Pratt St, Philadelphia, PA 19124

    4beds
    1,072sqft
    Single Family Residence
    Built in 1945
    870 Square Feet Lot
    $191,700 Zestimate®
    $112/sqft
    $1,785 Estimated rent

    Home value

    $191,700

    $174,000 - $209,000

    $1,785/mo

    Zestimate® history
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    $1,785/mo

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    $1,785/mo

    Rent Zestimate®

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    $807/mo

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    $807/mo

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    What's special

    This exceptional investment opportunity in Philadelphia features a package of five income-producing properties, each currently occupied by Section 8 tenants. These properties offer both immediate cash flow and long-term potential for growth. Additionally, for those looking for flexibility, there's the option to purchase these properties individually. 1. **210 W Albanus St, 19120** - Monthly Rent: $1,150 - Bedrooms: 3 - Bathrooms: 1 - PHA Payment: $720 2. **1673 Pratt St, 19124** - Monthly Rent: $1,299 - Bedrooms: 4 - Bathrooms: 1 - PHA Payment: $513 3. **5686 Magnolia St, 19144** - Monthly Rent: $1,350 - Bedrooms: 3 - Bathrooms: 1 - PHA Payment: $1,121 4. **5947 Wister St, 19138** - Monthly Rent: $1,332 - Bedrooms: 5 - Bathrooms: 2 - PHA Payment: $702 5. **4689 N 16th St** - Monthly Rent: $1,194 - Bedrooms: 5 - Bathrooms: 2 - PHA Payment: $1,094 - **Immediate Cash Flow:** With all properties currently occupied by Section 8 tenants, you can start earning rental income from day one. - **Stability and Predictability:** Section 8 tenants provide stable rental income with predictable payments from the Philadelphia Housing Authority (PHA). - **Flexibility:** In addition to the package deal, each property is available for individual purchase, giving you the flexibility to tailor your investment strategy. - **Diverse Portfolio:** This package includes a mix of property sizes and locations, adding diversity to your investment portfolio. - **Potential for Value Appreciation:** As the properties are located in various neighborhoods, there is the potential for long-term value appreciation. Don't miss out on this remarkable opportunity to acquire a portfolio of Section 8-occupied properties in Philadelphia. Whether you're an experienced investor looking to expand your portfolio or someone interested in starting their real estate investment journey, this package offers the ideal combination of cash flow and growth potential. Contact us today for more information or to schedule a viewing of these investment properties.

    Zillow last checked:

    Listing updated:

    Listed by:

    Moshe Adika 267-210-3080,

    TCS Management, LLC

    Bought with:

    Jenn Locke, 2333940

    Keller Williams Real Estate

    Source: Bright MLS,MLS#: PAPH2280572MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 4
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Other
    • Has fireplace: No
    Interior area
    • Total structure area: 1,072
    • Total interior livable area: 1,072 sqft
    • Finished area above ground: 1,072
    • 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: 870 sqft
    • Dimensions: 14.00 x 62.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 622063700
    • Zoning: RSA5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Masonry
    • Foundation: Other
    Condition
    • New construction: No
    • Year built: 1945

    Utilities & green energy

    • Sewer: Public Septic
    • Water: Public

    Community & neighborhood

    Location
    • Region: Philadelphia
    • Subdivision: Frankford
    • Municipality: PHILADELPHIA

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/18/2024Listing removed$205,000$191/sqft
    Source: Bright MLS #PAPH2366454 Report a problem
    9/12/2024Listed for sale$205,000+5.1%$191/sqft
    Source: Bright MLS #PAPH2366454 Report a problem
    9/3/2024Contingent$195,000$182/sqft
    Source: Bright MLS #PAPH2366454 Report a problem
    7/29/2024Price change$195,000-4.6%$182/sqft
    Source: Bright MLS #PAPH2366454 Report a problem
    7/9/2024Price change$204,500-4.9%$191/sqft
    Source: Bright MLS #PAPH2366454 Report a problem
    6/19/2024Listed for sale$215,000+79.2%$201/sqft
    Source: Bright MLS #PAPH2366454 Report a problem
    10/26/2023Sold$120,000-4%$112/sqft
    Source: Bright MLS #PAPH2280572 Report a problem
    10/12/2023Pending sale$125,000$117/sqft
    Source: Bright MLS #PAPH2280572 Report a problem
    10/10/2023Listed for sale$125,000$117/sqft
    Source: Bright MLS #PAPH2280572 Report a problem
    10/3/2023Pending sale$125,000$117/sqft
    Source: Bright MLS #PAPH2280572 Report a problem
    9/21/2023Listed for sale$125,000$117/sqft
    Source: Bright MLS #PAPH2280572 Report a problem
    3/6/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    1/12/2022Listed for rent$1,375$1/sqft
    Source: Zillow Rental Network_1 Report a problem
    7/21/2019Listing removed$1,375$1/sqft
    Source: Go Section8 Report a problem
    7/19/2019Price change$1,375+14.6%$1/sqft
    Source: Go Section8 Report a problem
    7/6/2019Price change$1,200-13.7%$1/sqft
    Source: Zillow Rental Manager Report a problem
    6/16/2019Listed for rent$1,390$1/sqft
    Source: Go Section8 Report a problem
    6/16/2019Listing removed$125,000$117/sqft
    Source: Owner Report a problem
    6/8/2019Listed for sale$125,000+93.8%$117/sqft
    Source: Owner Report a problem
    6/5/2019Sold$64,500-6.5%$60/sqft
    Source: Public Record Report a problem
    5/8/2019Price change$69,000-8%$64/sqft
    Source: TCS MGT LLC #PAPH715744 Report a problem
    4/11/2019Price change$75,000-5.1%$70/sqft
    Source: TCS MGT LLC #PAPH715744 Report a problem
    2/8/2019Listed for sale$79,000+216%$74/sqft
    Source: TCS MGT LLC #PAPH715744 Report a problem
    3/16/2012Sold$25,000$23/sqft
    Source: Public Record Report a problem
    2/6/2012Listed for sale$25,000-60%$23/sqft
    Source: Owner Report a problem
    3/2/2007Sold$62,500+35.9%$58/sqft
    Source: Public Record Report a problem
    12/20/2004Sold$46,000$43/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,548 +30.3%$110,600 +30.3%
    2024$1,188 $84,900
    2023$1,188 +27.9%$84,900
    2022$929 --
    2021$929 +4.2%--
    2018$892 --
    2017$892 +7.2%--
    2016$831 +1.5%--
    2015$819 --
    2014$819 +2.9%$59,400 +527.1%
    2012$796 $9,472
    2011-- $9,472
    2010-- $9,472
    2009-- $9,472
    2008-- $9,472
    2007-- $9,472 +7.6%
    2006-- $8,800
    2005-- $8,800
    2004-- $8,800
    2003-- $8,800
    2002-- $8,800
    2000-- $8,800
    1999-- $8,800

    Find assessor info on the county website

    Neighborhood: Frankford

    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
    $191,700
    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
    $191,700