Fantastic PENNSPORT investor opportunity! Two-unit multifamily/commercial apartment building with gated entry foyer and separate entrances. Two-story building with 16'x49' lot size and desirable CMX2 zoning. 1st floor and basement: Vacant bi-level/needs work. Cleaned-out in empty complete shell condition. Nearly 8' high basement ceilings with a poured concrete floor. Finish a renovation as a basic 1-bedroom mirror to the 2nd floor apartment OR a 2-bedroom bi-level apartment (or commercial uses possible). 2nd floor: Nice 1 bedroom / 1 bath apartment with gas cooking, gas heat and wall A/C ready to lease. Prime neighborhood and ideal location. Convenient for parking and transportation. Walk Score of 91 (Walker's Paradise). Walking distance to restaurants, bars, shopping and parks. Close to Target, ACME Markets and dozens of retail stores including Lowes, Ikea, Home Depot and Walmart.
Sold for $234,000
$234,000
2040 S Philip St, Philadelphia, PA 19148
2beds
--baths
968sqft
Townhouse
Built in 1920
-- sqft lot
$-- Zestimate®
$242/sqft
$1,784 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,784/mo
Zestimate® history
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$1,550/mo
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Derek Greene 860-560-1006,
The Greene Realty Group
Bought with:
Patrick Conway, RS217990L
BHHS Fox & Roach-Center City Walnut
Connor Banning, rs348255
BHHS Fox & Roach-Center City Walnut
Source: Bright MLS,MLS#: PAPH2356940
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Wall Unit(s), Electric
Appliances
- Included: Oven/Range - Gas, Range Hood, Refrigerator, Water Heater, Gas Water Heater
Features
- Eat-in Kitchen, Recessed Lighting
- Flooring: Carpet
- Basement: Concrete,Unfinished,Windows
- Has fireplace: No
Interior area
- Total structure area: 968
- Total interior livable area: 968 sqft
Property
Parking
- Parking features: Public, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 781 sqft
- Dimensions: 16.00 x 49.00
- Features: Rear Yard, SideYard(s)
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 391305200
- Zoning: CMX2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Stone
- Roof: Rubber
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Philadelphia
- Subdivision: Pennsport
- Municipality: PHILADELPHIA
Other
Other facts
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2024 | Sold | $234,000-6%$242/sqft |
Source:  Bright MLS #PAPH2356940 Report a problem | ||
| 6/15/2024 | Pending sale | $249,000$257/sqft |
Source: Bright MLS #PAPH2356940 Report a problem | ||
| 5/21/2024 | Listed for sale | $249,000$257/sqft |
Source: Bright MLS #PAPH2356940 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,131 +0.7% | $223,700 +0.7% |
| 2024 | $3,109 | $222,100 |
| 2023 | $3,109 +107.6% | $222,100 |
| 2022 | $1,498 -43% | -- |
| 2021 | $2,629 +8.4% | -- |
| 2018 | $2,426 | -- |
| 2017 | $2,426 +31.7% | -- |
| 2016 | $1,842 | -- |
| 2015 | $1,842 | -- |
| 2014 | $1,842 +4.5% | $131,600 +1469.7% |
| 2012 | $1,763 | $8,384 |
| 2011 | -- | $8,384 |
| 2010 | -- | $8,384 |
| 2009 | -- | $8,384 |
| 2008 | -- | $8,384 |
| 2007 | -- | $8,384 |
| 2006 | -- | $8,384 |
| 2005 | -- | $8,384 |
| 2004 | -- | $8,384 +6.9% |
| 2003 | -- | $7,840 |
| 2002 | -- | $7,840 |
| 2000 | -- | $7,840 +2.1% |
| 1999 | -- | $7,680 |
Find assessor info on the county website
Neighborhood: Pennsport
Nearby schools
GreatSchools rating
- 6/10Sharswood George SchoolGrades: PK-8Distance: 0.2 mi
- 2/10Furness Horace High SchoolGrades: 9-12Distance: 0.1 mi
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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- Pennsylvania
- Philadelphia County
- Philadelphia
- 19148
- Pennsport
- 2040 S Philip St
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