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$325,000

Beds
2
Baths
2.0
sq ft
1,367

3121 W Thompson St, Philadelphia, PA 19121

3121 W Thompson St

PHILADELPHIA, PA 19121

  • 27 days on market
This beautifully maintained 2-bedroom, 2-bathroom condo townhome offers the perfect opportunity for investors or those looking for a low-maintenance home in one of Philadelphia's most up-and-coming neighborhoods. Located in the heart of Brewerytown Square, this home combines modern living with unbeatable convenience, close to trendy local restaurants, markets, and the Philadelphia Zoo. Condo features both hardwood floors and carpet, Washer and Dryer and Breakfast bar that ties in the living room and kitchen, where you can also enjoy your morning coffee on your private outdoor patio. The property features a spacious 1-car garage with a driveway that fits an additional car, providing ample off-street parking—a rare find in this vibrant neighborhood. Easy access to I-76 puts the best of the city at your fingertips, from the bustling center city to scenic Wissahickon Park. Currently rented for $1,841/month (based off of $1,995 monthly rent prorated on 12+1 month free promo) through September 2025 with reliable, vetted tenants in place, this condo presents an immediate cash-flow opportunity for savvy investors. With the city's revitalization efforts surrounding Brewerytown, this property promises long-term potential for both rental income and future value growth.

Details

Property type

Condominium

Est. home value

$360,487

Lot size

Unknown

Price per sq ft

$238

Year built

2006

Annual property taxes

$4,158

HOA

No

Price History

11/25/2024
Bright

Bright #PAPH2422762

Listed
$325,000

Schools & Community

Neighborhood: 

Brewerytown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PHILADELPHIA CITY

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Wachovia Bank Na

Loan start date

March 2007

Original loan amount

$46,000

Est. remaining balance

Not provided

Interest rate

6.04%

Loan type

Credit Line (Revolving), 30 year

Seller

Michael D Suh

Lender

Pennsylvania Us Mortgage Corp

Loan start date

September 2005

Original loan amount

$244,251

Est. remaining balance

Not provided

Interest rate

5.66%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Michael Suh

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 3:10 PM

Listing updated: 11/26/2024 at 10:29 AM

Listed by: Michael Suh, Keller Williams Real Estate -Exton Phone #: (610) 363-4300

MLS: Bright #PAPH2422762

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