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7111 Rising Sun Avenue

Philadelphia, PA 19111

– beds
– baths
2,700 sqft
6,839 sqft lot
$203 per sqft
1925 build

Here's an excellent opportunity for both investors and owner-occupants to acquire a well-maintained mixed-use property in Northeast Philadelphia. This income-producing property is in move-in condition, featuring separate utilities for each unit, providing convenience and ease of management. The property comprises three units in the main house, each offering unique features such as old-world charm, hardwood floors, ceramic tile bathrooms, and a laundry area. There is potential to finish the basement for a fourth unit, adding to the income-generating potential. Enjoy the convenience of a private driveway and ample parking space with room for five cars. Additionally, there's a two-car detached garage equipped with heat, electricity, and water, presenting an opportunity for storage, a workshop or rental purposes. The property is also complemented by a covered front porch, creating a welcoming and nostalgic atmosphere. Situated in a prime location, this property offers accessibility to local amenities, public transportation, and a vibrant community, making it an attractive investment. Contact our agent today for more details and to schedule a viewing.

Listing courtesy of BRIGHT / Re/Max One Realty

Last checked: Checking… • Last updated Apr 20, 2024 •

MLS# PAPH2279390 —

The Building

Year Built:

1925
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Masonry
Structure Type:

Detached
Architectural Style:

Victorian
Building Levels:

3
Building Units Total:

3
Roof:

Shingle
Accessibility Features:

Level Entry - Main
Foundation Details:

Concrete Perimeter
Basement:

Yes
Basement Type:

Rear Entrance
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

2700

Interior

Flooring Type:

Carpet, Hardwood
Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

2700
Living Area SqFt:

2,700 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional
Possession:

Immediate

Location

Directions:

Google Maps
Cross Street:

Princeton Ave
Latitude:

40.05849075
Longitude:

-75.08633423

The Property

Property Type:

Multi-Family
Property Subtype:

Triplex
Property Condition:

Good
Lot Size Units:

Square Feet
Lot Size Acres:

0.16
Lot Size Source:

Assessor
Lot Size Dimensions:

40.00 x 171.00
Lot Dimensions Source:

Assessor
Lot SqFt:

6,839 Sqft
Zoning:

CMX1
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

G40
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

353261000
Tax Year:

2022
Tax Lot:

25
Tax Annual Amount:

$5,455
Tax Assessed Value:

$389,700
Year Assessed:

2023
School Tax:

2993.0
City/Town Tax:

2461.00
Total Taxes Payment Frequency:

Annually

The Listing

Transaction Broker Compensation:

1
Buyer's Brokerage Compensation:

2.5%
Buyer Agency Comp Type:

% Of Gross
Buyer Agency Comp Selection:

Percent

Heating & Cooling

Cooling Type:

Central A/C, Window Unit(s)
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Baseboard - Hot Water, Forced Air
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Electric Service:

100 Amp Service
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

The School District Of Philadelphia
School District Source:

Listing Agent

The Community

Subdivision Name:

Burholme
Pool:

No Pool
Municipal Trash:

Yes

Parking

Total Garage and Parking Spaces:

10
Garage:

Yes
Garage Features:

Additional Storage Area, Garage - Front Entry, Garage Door Opener, Oversized
Garage Spaces:

2.00
Type of Parking:

Detached Garage, Driveway
Parking Features:

Asphalt Driveway
# of Detached Garage Spaces:

2
Driveway - # of Spaces:

8

Extra Units

Vacation Rental:

No
Units Furnished:

None
One Bedroom Units:

2
Two Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/27/23 Nov 27, 2023	Listed / Active	BRIGHT	$550,000

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This multifamily located in Near Northeast Philadelphia, Philadelphia, PA 19111 is currently for sale for $550,000. 7111 Rising Sun Avenue is a 2,700 square foot multifamily with – beds and – baths. 7111 Rising Sun Avenue is in the Near Northeast Philadelphia neighborhood of Philadelphia and has a WalkScore® of 80, making it very walkable. This multifamily is in the attendance area of Kennedy C. Crossan School, Northeast High School, and Woodrow Wilson Middle School.

Listing Courtesy of: BRIGHT and Re/Max One Realty.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.