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Sold for $1,475,000
    • $1,475,000

    240-42 N 3rd St, Philadelphia, PA 19106

    5beds
    --baths
    7,448sqft
    Townhouse
    Built in 1920
    -- sqft lot
    $1,550,200 Zestimate®
    $198/sqft
    $-- Estimated rent

    Home value

    $1,550,200

    $1.35M - $1.80M

    Not available

    Zestimate® history
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    What's special

    240-242 N. 3rd Street is a CMX-3 mixed-used building located in the heart of historic Old City on the corner of North 3rd and New Street. This building offers a fully leased commercial space, 2 newly updated and leased 1 BR apartments and a bi-level 3 or 4 bedroom apartment with a roof deck. Each space offers tons of natural light, immaculate original hardwood floors, exposed timber ceilings, and beams. This building is well situated for long and short-term rentals or a spectacular investment for an owner occupant. The 3rd floor bi-level unit is massive and includes tons of original character. This building has been carefully maintained and cared for by the same owner for many years. Inquire for income and expenses

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Dubrow 267-238-4231,

    Coldwell Banker Commercial

    Bought with:

    Jen Toadvine, RS352633

    KW Empower

    Source: Bright MLS,MLS#: PAPH2292586MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    Basement
    • Area: 0
    Heating
    • Baseboard, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Concrete
    • Has fireplace: No
    Interior area
    • Total structure area: 7,448
    • Total interior livable area: 7,448 sqft

    Property

    Parking
    • Parking features: Off Site
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 1,883 Square Feet
    • Dimensions: 37.00 x 53.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 871003800
    • Zoning: CMX3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Townhouse
    Materials
    • Masonry
    • Foundation: Brick/Mortar
    Condition
    • Excellent
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Old City
    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Financial & listing details

    • Price per square foot: $198/sqft
    • Tax assessed value: $1,447,800
    • Annual tax amount: $20,266
    • Date on market: 10/30/2023
    • Listing agreement: Exclusive Agency
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/10/2024Sold$1,475,000-7.5%$198/sqft
    Source: Bright MLS #PAPH2292586 Report a problem
    5/23/2024Price change$1,595,000-5.9%$214/sqft
    Source: Bright MLS #PAPH2292586 Report a problem
    1/29/2024Listed for sale$1,695,000$228/sqft
    Source: Bright MLS #PAPH2292586 Report a problem
    12/27/2023Contingent$1,695,000$228/sqft
    Source: Bright MLS #PAPH2292586 Report a problem
    10/30/2023Listed for sale$1,695,000$228/sqft
    Source: Bright MLS #PAPH2292586 Report a problem
    10/28/2023Listing removed$1,695,000$228/sqft
    Source: Bright MLS #PAPH2174622 Report a problem
    6/9/2023Price change$1,695,000-8.4%$228/sqft
    Source: Bright MLS #PAPH2174622 Report a problem
    12/17/2022Price change$1,850,000-6.3%$248/sqft
    Source: Bright MLS #PAPH2174622 Report a problem
    10/28/2022Listed for sale$1,975,000$265/sqft
    Source: Bright MLS #PAPH2174622 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,171 +4.5%$1,512,400 +4.5%
    2024$20,266 $1,447,800
    2023$20,266 +3.8%$1,447,800
    2022$19,527 --
    2021$19,527 +1%--
    2018$19,334 +1.5%--
    2017$19,054 -14.7%--
    2016$22,341 +44.8%--
    2015$15,429 --
    2014$15,429 $1,343,700
    Find assessor info on the county website

    Neighborhood: Old City

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gen. George A. Mccall School
    • Middle: Gen. George A. Mccall School
    • High: Horace Furness
    • 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
    $1,550,200
    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
    $1,550,200

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