Investor alert! This duplex presents a fantastic investment opportunity for the savvy investor with significant potential. It features two separate units: a 2-bedroom, 1.5-bathroom unit and a 3-bedroom, 2-bathroom unit. Additional amenities include one garage space, an unfinished basement, and separate utility meters for each unit. The property is zoned RM-1, legally designated as multi-family, offering excellent flexibility for rental income. While it requires a full rehab, the upside is substantial, especially with gentrification actively transforming the surrounding area. Once renovated, the property is poised for strong cash flow, and a proforma is included to outline projected income and returns. Don’t miss this chance to capitalize on a high-potential location!
Sold for $160,000
$160,000
32 S 62nd St, Philadelphia, PA 19139
5beds
--baths
2,044sqft
Townhouse
Built in 1925
-- sqft lot
$224,800 Zestimate®
$78/sqft
$1,354 Estimated rent
Home value
$224,800
$175,000 - $277,000
$1,354/mo
Zestimate® history
Owner options
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$1,354/mo
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$1,354/mo
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$1,041/mo
Est. payment
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$1,041/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Lay Gauv 267-259-6034,
EXP Realty, LLC
Bought with:
Cree McGee
Prime Realty Partners
Source: Bright MLS,MLS#: PAPH2425084
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Basement
- Area: 0
Heating
- Radiator, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,044
- Total interior livable area: 2,044 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,848 sqft
- Dimensions: 16.00 x 116.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 031190900
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Philadelphia
- Subdivision: Cobbs Creek
- Municipality: PHILADELPHIA
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/22/2025 | Sold | $160,000-5.9%$78/sqft |
Source:  Bright MLS #PAPH2425084 Report a problem | ||
| 1/18/2025 | Pending sale | $170,000$83/sqft |
Source: Bright MLS #PAPH2425084 Report a problem | ||
| 1/1/2025 | Contingent | $170,000$83/sqft |
Source: Bright MLS #PAPH2425084 Report a problem | ||
| 12/6/2024 | Listed for sale | $170,000+78.9%$83/sqft |
Source: Bright MLS #PAPH2425084 Report a problem | ||
| 4/30/2024 | Sold | $95,000$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,070 +36.1% | $147,900 +36.1% |
| 2024 | $1,522 | $108,700 |
| 2023 | $1,522 +76.7% | $108,700 |
| 2022 | $861 | -- |
| 2021 | $861 +3.9% | -- |
| 2018 | $829 +208.3% | -- |
| 2017 | $269 -14.7% | -- |
| 2016 | $315 | -- |
| 2015 | $315 | -- |
| 2014 | $315 | $52,500 +639% |
| 2012 | -- | $7,104 |
| 2011 | -- | $7,104 |
| 2010 | -- | $7,104 |
| 2009 | -- | $7,104 |
| 2008 | -- | $7,104 |
| 2007 | -- | $7,104 |
| 2006 | -- | $7,104 |
| 2005 | -- | $7,104 |
| 2004 | -- | $7,104 |
| 2003 | -- | $7,104 |
| 2002 | -- | $7,104 |
| 2000 | -- | $7,104 |
| 1999 | -- | $7,104 |
Find assessor info on the county website
Neighborhood: Cobbs Creek
Nearby schools
GreatSchools rating
- 3/10Barry Community John SchoolGrades: PK-8Distance: 0.4 mi
- 2/10Sayre William L Middle SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- District: Philadelphia City
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
$224,800
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
$224,800
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