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Sold for $300,000
  • $300,000

    715-717 W Cumberland St, Philadelphia, PA 19133

    --beds
    --baths
    1,031Square Feet
    Unimproved Land
    Built in ----
    1,031 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $1,337 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,337/mo

    Zestimate® history
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    What's special

    The Cumberland St property comprises 16 shovel- ready one-bedroom apartments, perfectly situated in the growing Temple town neighborhood just outside Temple University’s campus. Its prime location offers easy access to various amenities, making it an ideal residence for students, young professionals, and small families alike. Each apartment is designed with modern amenities, ensuring residents experience a comfortable and convenient lifestyle. At an estimated rent of $1,122 per unit, the property boasts a strong annual rental income of $215,424, making it a highly attractive investment opportunity for potential landlords. The project is fully shovel-ready, with all necessary permits, approvals, and infrastructure in place for immediate construction. Thanks to the site’s easy accessibility and favorable topography, the construction process is expected to be smooth and hassle-free. The building’s architecture is both stylish and modern, utilizing the latest building techniques and materials to ensure structural safety and longevity. Additionally, the design maximizes natural light and ventilation, creating a bright and airy atmosphere that enhances the living experience. For investors looking to add a stable and reliable income stream to their portfolio, 715-717 Cumberland St presents an excellent investment opportunity. With its prime location, modern amenities, and easy rental potential, the property is sure to attract tenants quickly and generate a healthy return on investment.

    Zillow last checked:

    Listing updated:

    Listed by:

    ERIC Dvotsky 267-243-4652,

    BHHS Fox & Roach-Center City Walnut,

    Co-Listing Agent: Jason L Rabinovich 484-816-6130,

    BHHS Fox & Roach-Center City Walnut

    Bought with:

    Marc Silver, RS335394

    Compass RE

    Source: Bright MLS,MLS#: PAPH2220672MLS Logo

    Facts & features

    Property

    Lot
    • Size: 1,031 Square Feet
    Details
    • Has additional parcels: Yes
    • Parcel number: 371383301
    • Zoning: RM1
    • Special conditions: Standard

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Financial & listing details

    • Tax assessed value: $13,900
    • Annual tax amount: $195
    • Date on market: 4/4/2023
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/5/2023Sold$300,000-6%
    Source: Bright MLS #PAPH2220672 Report a problem
    8/27/2023Pending sale$319,000
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #PAPH2220672 Report a problem
    8/27/2023Contingent$319,000
    Source: Bright MLS #PAPH2220672 Report a problem
    7/27/2023Price change$319,000-8.8%
    Source: Bright MLS #PAPH2220672 Report a problem
    7/11/2023Price change$349,900-46.2%
    Source: Bright MLS #PAPH2220672 Report a problem
    7/10/2023Price change$649,900+78.1%
    Source: Bright MLS #PAPH2220672 Report a problem
    5/30/2023Price change$365,000-2.7%
    Source: Bright MLS #PAPH2220672 Report a problem
    5/5/2023Price change$375,000-2.6%
    Source: Bright MLS #PAPH2220672 Report a problem
    4/4/2023Listed for sale$385,000
    Source: Bright MLS #PAPH2220672 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Hartranft

    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.