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833 N 63rd Street

Philadelphia, PA 19151

– beds
– baths
3,426 sqft
9,147 sqft lot
$145 per sqft
1925 build

Nestled at 833 N 63rd Street, mere minutes from the bustling City Line Avenue and conveniently close to various public transportation options, this quadplex presents a rare opportunity for discerning investors seeking both immediate returns and long-term potential. Renovated in 2017, each of the four distinct apartments exudes modern charm and timeless appeal, boasting elegant wood floors, exposed brick accents, and gleaming stainless steel appliances. The property's strategic location is further complemented by its proximity to a burgeoning development landscape, with a brand-new six-unit apartment building under construction adjacent to it, promising favorable future comparables. **Unit Configurations and Rental Income:** - **Apartment 1:** A spacious 2-bedroom, 2-bathroom sanctuary, commanding $1800 per month in rent. - **Apartment 2:** Featuring 2 bedrooms and 1 bathroom, this unit offers comfortable living at $1500 monthly. - **Apartment 3:** Another inviting 2-bedroom, 2-bathroom retreat, generating $1500 in monthly rental income. - **Apartment 4:** Ideal for individuals or couples, this 1-bedroom, 1-bathroom haven commands $1200 per month. **Operating Costs:** - **PECO Common Area:** A reasonable $290 ensures efficient electricity distribution across common spaces. - **Philadelphia Water Department:** $350 - **Landscaping:** With a monthly upkeep cost of $120 (May-November), the property's exterior maintains its inviting allure. - **HVAC Maintenance:** Scheduled preventative maintenance, budgeted at $1200 annually, ensures optimal functionality of heating, ventilation, and air conditioning systems. - **Insurance:** Currently estimated at $4052, adjustments are advised to optimize expenses and enhance profitability. - **Taxes:** Set at $5599 This meticulously maintained quadplex not only promises immediate returns through its robust rental income but also stands poised to capitalize on the area's burgeoning development, making it an irresistible prospect for investors seeking both stability and growth in Philadelphia's dynamic real estate market.

Listing courtesy of BRIGHT / Keller Williams Main Line

Last checked: Checking… • Last updated Apr 24, 2024 •

MLS# PAPH2322684 —

The Building

Year Built:

1925
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Masonry
Structure Type:

Detached
Architectural Style:

Other
Historic:

No
Building Levels:

3
Building Units Total:

2
Roof:

Pitched
Window Features:

Energy Efficient, Replacement
Accessibility Features:

None
Foundation Details:

Brick/Mortar, Concrete Perimeter
Basement:

No
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

3426

Interior

Interior Features:

Ceiling Fan(s)
Flooring Type:

Wood
Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

3426
Living Area SqFt:

3,426 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Conventional, Cash
Possession:

Immediate

Location

Directions:

USE GPS
Cross Street:

JEFFERSON
Latitude:

39.97734000
Longitude:

-75.24512000

The Property

Property Type:

Multi-Family
Property Subtype:

Quadruplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.21
Lot Size Source:

Estimated
Lot Size Dimensions:

0.00 x 125.00
Lot Dimensions Source:

Assessor
Lot SqFt:

9,147 Sqft
Exclusions:

Tenants Personal Property
Zoning:

RTA1
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:

N51
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

342361720
Tax Year:

2022
Tax Lot:

72
Tax Annual Amount:

$5,599
Tax Assessed Value:

$400,000
Year Assessed:

2023
School Tax:

3072.0
City/Town Tax:

2526.00
Total Taxes Payment Frequency:

Annually

The Listing

Buyer's Brokerage Compensation:

2.5%
Buyer Agency Comp Type:

% Of Gross
Buyer Agency Comp Selection:

Percent

Heating & Cooling

Cooling Type:

Central A/C, Ceiling Fan(s)
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Natural Gas

Utilities

Utilities:

Electric Available
Sewer/Septic:

Public Sewer
Hot Water:

Electric
Water Source:

Public

Schools

School District Name:

Philadelphia City
School District Source:

3rd Party

The Community

Pool:

No Pool
Association Recreation Fee:

No

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

# of Units:

3
Other Units:

Unit 1,Unit 2,Unit 4,Unit 3
Vacation Rental:

No
Units Furnished:

None
One Bedroom Units:

1
Two Bedroom Units:

3

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
4/23/24 Apr 23, 2024	Sold Subject To Contingencies	BRIGHT	$499,999	0.0%
4/4/24 Apr 4, 2024	Listed / Active	BRIGHT	$499,900

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This multifamily located in West Philadelphia, Philadelphia, PA 19151 is currently for sale for $499,999. 833 N 63rd Street is a 3,426 square foot multifamily with – beds and – baths. 833 N 63rd Street is in the West Philadelphia neighborhood of Philadelphia and has a WalkScore® of 72, making it very walkable. This multifamily is in the attendance area of Overbrook High School, Universal Institute Charter School At Bluford, and Dimmer Beeber Middle School.

Listing Courtesy of: BRIGHT and Keller Williams Main Line.

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.