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$773,900

Beds
5
Baths
5.0
sq ft
3,372

424 N 32nd St, Philadelphia, PA 19104

424 N 32nd St

PHILADELPHIA, PA 19104

  • 2 days on market
This Drexel Duplex has a three unit and a two unit. 18' X 100' lot size. Prime location of 12 Minute Walk to any of the following: Hagerty Library, Drexel U Recreation Center, Summit Urban Eatery, 30th street Station or the Philadelphia Art Museum. 7 minutes to Sabrina’s Café! Both units have a long history of being leased by a Drexel Sports Team. When one student graduates, another is waiting to take their place. They are willing to extend their lease. Each bedroom has its’ own separate bath and there is a large common area. The second and the third floors capture $3500 per month. First and lower level bring in $2250 per month. That is a total income of $69000! There are two shared outdoor spaces including a wood deck on the first-floor level. Summarizing the wonderful investment property, keep it for your rental portfolio, have your student live here while attending the University, and this is a keepsake for a family investment.

Details

Property type

Townhouse

Est. home value

$623,631

Lot size

1,766 sq ft

Price per sq ft

$230

Year built

1920

Annual property taxes

$8,614

HOA

No

Price History

01/30/2025
Bright

Bright #PAPH2439460

Listed
$773,900
-3.07%
01/22/2025
Bright

Bright #PAPH2428676

Removed
$798,400
12/18/2024
Bright

Bright #PAPH2428676

Listed
$798,400

Schools & Community

Neighborhood: 

Mantua

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks, Street Lights

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

Recovo Mortgage Management Llc

Loan start date

December 2018

Original loan amount

$245,000

Est. remaining balance

Not provided

Interest rate

6.71%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Michael Rodgers

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: 02/02/2025 at 2:45 AM

Listing updated: 01/30/2025 at 4:14 PM

Listed by: Nathan S S Naness, KW Empower Phone #: (215) 627-3500

MLS: Bright #PAPH2439460

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