2511 S Dewey Street

Philadelphia, PA
$ 7,900,000 Beds 3 Baths 1 Sq 1,024
Monthly Estimate* How much can I afford?

A rare opportunity to own a fully-occupied scattered -site, turn -key residential rental portfolio of 48 properties in West Philadelphia. All but two of the units are under Housing Choice Voucher program leases with the Public Housing Agency being responsible for an average of 73% of their income across all the properties. The portfolio was acquired over a period of seven years and nearly all of the units have been renovated within the last five years and have in-unit washers/dryers and microwaves. Ownership has maintained and self-managed the properties during this period. This opportunity offers investors a steady income for years to come for a group of properties located in an area that is rapidly increasing in value. All 48 properties have to be purchased as a package deal. No separation of package. 48 properties: 5209 Hazel Ave, 145 N. Wanamaker St, 108 S. 55th St, 2059 S. Frazier St, 2511 S. Dewey St, 1213 N. Allison St, 59 N. Felton St, 1725 S. 55th St, 5506 Lansdowne Ave, 7252 Grays Ave, 6068 Callowhill St, 52 N. Felton St, 545 N. Allison St, 1334 N. Wanamaker St, 233 N. Ramsey St, 5637 Broomall St, 334 N. Salford St, 6409 Saybrook Ave, 530 N. Vodges St, 4526 Westminster Ave, 445 N. 51st St, 1112 S. Ruby St, 162 N. Millick St, 105 N. Millick St, 325 N. Robinson St, 5961 Chester Ave, 635 N. 54th St. 22 N. Dewey St, 22 N. Conestoga St, 1626 S. Wilton St, 5435 Belmar Terrace, 139N. 51st St, 5327 Ogden St, 5451 Kingsessing Ave, 1235 N. Conestoga St, 207 N. Wilton St, 5539 Wyalusing Ave, 111 N. 59th St, 426 N. Robinson St, 236 N. Wanamaker St, 1419 N. Alden St, 228 N. Hobart St, 5536 Wyalusing Ave, 1249 N. Allison St, 5140 Parrish St, 126 N. Wilton St, 147 N. Dewey St, 5522 Pearl St.

Townhouse

  • Price
  • $ 7,900,000
  • Lot Size
  • 1,307 SqFt
  • Bedrooms
  • 3
  • Sqr Footage
  • 1,024
  • Full Bathrooms
  • 1
  • Year Built
  • 1953
  • Half Bathrooms
  • 0
  • City, Zip
  • Philadelphia
  • Taxes
  • 893
  • County
  • PHILADELPHIA
  • Style
  • AirLite,Straight Thru
  • Area
  • 19142
  • MLS#
  • PAPH990948
  • Zip
  • 19142
Listing Provided by: OCF Realty LLC
Data Source: Bright MLS

Features

General

Accessibility None
Architectural Style AirLite, Straight Thru
Association Y/N No
Condo/Coop Association Y/N No
Construction Materials Masonry
Cool Fuel None
Cooling Window Unit(s)
County PHILADELPHIA
Days on Market 42
Garage Y/N No
Heating 90% Forced Air
High School District THE SCHOOL DISTRICT OF PHILADELPHIA
Levels 2
MLS Area 19142 (19142)
New Construction No
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 7714.84
Property Type Residential
Senior Community Y/N No
Sewer Public Sewer
Structure Type Interior Row/Townhouse
Subdivision Name PHILA (WEST)
Tax Annual Amount 893.0
Tax Lot 149
Tax Year 2020
Vacation Rental Y/N No
Water Access Y/N No
Zoning RM1

Interior Features

Above Grade Finished Area 1024
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Basement Other
Basement Y/N Yes
Bathrooms Count All Upper Levels 1
Bathrooms Count Upper Level 1 1.00
Bathrooms Full All Upper Levels 1
Bathrooms Full Upper Level 1 1
Bedrooms Count All Upper Levels 3
Bedrooms Count Upper Level 1 3
Below Grade Finished Area Source Assessor
Below Grade Finished Area Unit Type Square Feet
Below Grade Unfin Area Units Square Feet
Below Grade Unfin Sqft Source Assessor
Central Air Y/N No
Full Baths 1
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Living Area 1024
Total Baths 1
Total Bedrooms 3

Exterior Features

Lot Dimensions 16.00 x 68.50
Lot Size Acres 0.03
Lot Size Source Assessor
Lot Size Square Feet 1096.00
Navigable Water Y/N No
Pool Y/N No Pool
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Vienna, VA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/1/2021 Listed $7,900,000

Property vs Zip Code Average in 19142

Price
AVG $350K
$7.9M
Taxes
AVG $983
$893
Visits
AVG 49
172
Year Built
AVG 1928
1953
Walkscore
AVG 75
72
Data Provided by Walkscore ® not using MLS data

Map

2511 S Dewey Street Philadelphia, PA is a Single Family Home for sale at $7900000 with 1024 sqft and a lot size of 1,307 SqFt Acre(s). 2511 S Dewey Street Philadelphia has 3 bedrooms, 1 baths and was built in 1953. The property's zip code is 19142 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.