2,220 SqFt
2,220 SqFt
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,220 sqft
Price per Sqft $189
Subdivision Temple University
MLS Listing ID PAPH2417028
Style Straight Thru
Abv Grd Liv Area 2,220
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $1,324
Tax Year 2024
Lot Size 1,403 Sqft
Acres 0.03
Lot Dimensions 17.00 x 85.00
Property Description
Welcome to 1843 N Van Pelt St, with renovations made within the last 5 years, this 3-unit boutique apartment building is in the rapidly up-and-coming Sharswood neighborhood of Philadelphia, just blocks from Temple University’s main campus. This property offers the perfect opportunity for buyers looking to generate strong rental income or for house hackers seeking to live in one unit while renting the others. This restored building was carefully renovated with no expense spared, blending modern luxury with historic charm. Each unit has been upgraded with high-end finishes, including hardwood floors throughout, stainless steel appliances, granite countertops, and energy-efficient windows. The building features central heat and air, HVAC systems, a roof, and water heaters. Each unit has been thoughtfully designed with spacious, open layouts, abundant natural light, and in-unit laundry facilities. The property consists of three separate units: a 3-bedroom, 1-bath unit with private access to the backyard and basement; a 1-bedroom, 1-bath unit; and a bi-level 2-bedroom, 1-bath unit. Each apartment has its own in-unit washer and dryer, updated bathrooms with modern fixtures, and spacious living areas. The large, private backyard is perfect for outdoor entertaining or additional tenant enjoyment. The basement has been waterproofed and offers the potential for additional living space or storage. With its desirable location, this property is ready to generate income upon completion and closure of open permits. Located just steps from Brewerytown’s popular shops, restaurants, and bars, including SPOT Burger, Rybrew, Lucky Goat, and more, this property offers tenants convenience and vibrant neighborhood amenities. Public transportation and major highways are easily accessible, and Fairmount is just a short trip away. 1843 N Van Pelt St offers a rare opportunity to acquire a renovated, potential income-producing property in a rapidly appreciating neighborhood. Whether you’re looking to maximize rental income or house hack your way to financial success, this is an investment you won’t want to miss. The tenants in Unit 1 and Unit 2 are due to vacate at the end of November/early December. Unit 3 is unoccupied by tenants.
Property is being sold as is where is, as a short sale.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RSA5
Rooms
Basement Full, Drain, Improved, Interior Access, Poured Concrete
Interior
Interior Features Wood Floors, Upgraded Countertops, Bathroom - Tub Shower, Bathroom - Stall Shower, Sprinkler System, Recessed Lighting, Kitchen - Gourmet, Intercom, Formal/Separate Dining Room, Floor Plan - Open, Combination Kitchen/Dining
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Engineered Wood, Ceramic Tile
Equipment Water Heater - High-Efficiency, Washer/Dryer Stacked, Stainless Steel Appliances, Refrigerator, Range Hood, Oven/Range - Electric, Oven - Self Cleaning, Microwave, Intercom, Humidifier, ENERGY STAR Dishwasher, Dual Flush Toilets, Built-In Range
Fireplace N
Window Features ENERGY STAR Qualified,Energy Efficient
Appliance Water Heater - High-Efficiency, Washer/Dryer Stacked, Stainless Steel Appliances, Refrigerator, Range Hood, Oven/Range - Electric, Oven - Self Cleaning, Microwave, Intercom, Humidifier, ENERGY STAR Dishwasher, Dual Flush Toilets, Built-In Range
Heat Source Natural Gas
Exterior
Exterior Feature Porch(es)
Utilities Available Natural Gas Available, Electric Available, Cable TV Available, Sewer Available, Water Available
Waterfront N
Water Access N
View City
Accessibility None
Porch Porch(es)
Garage N
Building
Lot Description Adjoins - Open Space
Foundation Block, Permanent, Slab
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade, Below Grade
Structure Type 9'+ Ceilings,Dry Wall
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 322067100
Ownership Fee Simple
SqFt Source Assessor
Security Features Intercom,Fire Detection System,24 hour security,Security Gate,Sprinkler System - Indoor
Acceptable Financing Conventional, FHA, Cash
Listing Terms Conventional, FHA, Cash
Financing Conventional,FHA,Cash
Special Listing Condition Short Sale
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