19 days on rocket

245 S Hanson St, Philadelphia, PA, 19139

$400,000

Home List Price

$4,750*

Closing Credit

0 Baths
4,200 SqFt
$95/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

245 S Hanson St, Philadelphia$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1951
HeatingRadiant
CoolingWindow Unit(s)
BasementYes
MLS #PAPH2352012
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 245 S Hanson St

Discover this prime investment opportunity in the bustling Walnut Hill neighborhood, featuring a five-unit building comprised of two store fronts, two 1-bedroom 1-bath apartments, and one 3-bedroom 1-bath apartment. Each unit has their own entrance adding an element of privacy that is hard to find. Situated near University City, this property is located in close proximity to prestigious universities and a plethora of amenities ensuring convenient living. Currently zoned as RM-1, allowing investors to maximum potential for income generation and equity growth. The property has been well maintained and will need cosmetic repairs in order to get the units in rent ready condition. This location is perfect for renting out to students due to its close proximity to University City which will help decrease vacancy and keep the units rented. This can be a great opportunity for someone looking to live in one unit and rent the others out to offset the mortgage and decrease living expenses. Or this can be a great property for West Philadelphia investors looking to add this to their rental portfolio. Buyer's are responsible for verifying zoning and use possibilities. With a Walk Score of 90, daily errands are easily achievable without a car. A Transit Score of 77 suggests outstanding transit options, ensuring convenient transportation for traveling around the city. Furthermore, a Bike Score of 99 highlights excellent biking infrastructure in the area. Close-by dining options include J & P Seafood, Quick & Quality, and Pizza Plus West, among others. Nearby educational facilities comprise The Workshop School, Lea C. Henry School, and Beulah Baptist Christian Day School. Convenient grocery options include Quick Stop Deli, Fili Kale, and The Herb Nook. Just nine-minutes away from the MFL Frankford TC at the 46th St Station - MFL stop. The property is also close to parks such as Chicken Park, Black Oak Park, and Cedar Park. Enjoy unparalleled convenience with easy access to transit, universities, dining, shopping, and entertainment options. Don't miss out on this exceptional investment opportunity in a highly sought-after location. Schedule a viewing today to explore its potential for lucrative returns. Schedule your exclusive tour today and seize the chance to make this property your own!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1951
  • Living Area: 4,200 SqFt

Listing Office:

  • Office Name: RE/MAX @ HOME
  • Office Phone: (215) 607-3535
  • Listing Agent: Maria Maria Quattrone Quattrone

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood, Vinyl

Exterior Features

Exterior Information:

  • Exterior: Sidewalks, Street Lights

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • West Philadelphia High School, Public District Grades 9-12
  • Henry C. Lea School, Public District Grades PK-8

Other

Directions Information:

  • Directions: Coming from the north side of S 48th St, go straight, and turn right onto Walnut St, then make a left turn onto Hanson St. Continue driving straight; the property will be on the left, a corner property between Hanson St and Locust St.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $95/SqFt

Tax Information:

  • Annual Amount: $3,617
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Map thumbnail provided by MapBox

Philadelphia, PA

City

Med. Sold Price

$258.8K

Med. Price/SqFt

$196

Avg. Days On Market

50

# of Sold Homes

960

245 S Hanson St vs Philadelphia

19 DAYS ON ROCKET

-31 Days

$400,000

+$141.1K More

$95/SqFt

-$101 Less

KEY TAKEAWAY

This property is $141.1K more than the Median Sold Price and $101/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2352012

Listing Office:

  • Office Name: RE/MAX @ HOME
  • Office Phone: (215) 607-3535
  • Listing Agent: Maria Maria Quattrone Quattrone

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2024, 10:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,617 -
2019$3,590$256,500
2018$5,767$412,000
2017$2,646$189,000

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3980528
5
/10

  • Henry C. Lea School

  • 4700 Locust St

  • 0.14 miles

  • Public District Grades PK-8

High School

school-card-donut-3980529
2
/10

  • West Philadelphia High School

  • 4901 Chestnut St

  • 0.16 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,946. The majority of Philadelphia, PA residents have income less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19139›245 S Hanson St

This home is located at 245 S Hanson St in Philadelphia, PA and zip code 19139 in the Walnut Hill neighborhood. This 4,200 square foot home, which was built in 1951, sits on a 0.04 acre lot. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $400,000.

While more than 242 listings in Philadelphia, PA in April 2024 were sold above asking price, there were more than 216 listings sold at asking price, and more than 502 were sold below. The number of homes for sale in Philadelphia, PA increased by 9.8% between March 2024 and April 2024. In April 2024, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $258,806.

From Rocket Homes Real Estate and based on county public records data.

More Resources