19 days on rocket

2352 W Thompson St, Philadelphia, PA, 19121

$829,000

Home List Price

$9,844*

Closing Credit

0 Baths
3,419 SqFt
$242/SqFt
Multi
Schools Nearby

Location

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2352 W Thompson St, Philadelphia$829,000

Buyer Closing Credits

$9,844*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingPublic, On Street
Year BuiltNew Const., 2024
HeatingHeat Pump, Other
CoolingCentral Air
BasementYes
ViewCity
MLS #PAPH2352402
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 2352 W Thompson St

Fantastic CORNER BRAND NEW CONSTRUCTION Mixed-Use Triplex, with 2 Residential Units and 1 Commercial Unit, For Sale in the rapidly expanding Brewerytown neighborhood of Philadelphia! The property has an APPROVED PHILADELPHIA 10 YEAR TAX ABATEMENT for the new owner. A completion certificate will be submitted to the City Office of Property Assessment when the Certificate of Occupancy is obtained. The Pro Forma uploaded to the listing has projected rents, income, expenses and net operating income. Take advantage of this unique opportunity to realize market rents with strong upside growth potential and minimal operating expenses. The top Unit, #3, features 4 Bedrooms, 2 Full Bathrooms, a HUGE PRIVATE ROOF DECK with Incredible Views of Center City and All Directions, a Washer/Dryer and is an estimated 1,344 square feet! The second floor features a stylish Large Modern Open Kitchen with Granite Countertops, an Island, Brand New Stainless Steel Appliances and an Expansive Living Room area for relaxing and entertaining. The bedrooms are located on the third floor. The Projected Average Rent is $2,400 monthly. Unit #2 has 3 Bedrooms, 2 Full Bathrooms, a PRIVATE REAR FENCED IN YARD, a Washer/Dryer and is an estimated 1,354 square feet. There is an elegant first floor Modern Open Kitchen with Granite Countertops, an Island, Brand New Stainless Steel Appliances and a living room. Two of the bedrooms are on the second floor, one of which even features a JULIET BALCONY. It streams tons of natural light along with the Big Windows. There is a bedroom in the finished basement, and a bonus room for an office or gym. The Projected Average Rent is $2,100 monthly. All of the Building Systems are New, and the cooling and heating are electric. The two residential units offer durable luxury vinyl plank flooring and large floor plans. The Commercial Unit is perfectly situated on the Ground Floor, featuring Two Entrances, an open floor plan and an ADA accessible ramp. Plus, there is a Finished Basement with a Large Half Bathroom and a modern mini split system for cooling and heating. This unit is an estimated 721 square feet. The Projected Average Rent is $1,500 monthly. This building will be a great appreciating asset. Tenants will enjoy enjoy the close walkable proximity to Brewerytown’s growing Girard Avenue commercial corridor, and being nearby to Center City, the Art Museum area, the Ben Franklin Parkway and Fairmount. STREET PARKING IS AVAILABLE! Major highways and SEPTA public transit are close: on Girard Ave there are trolleys that run to and from both Center City and West Philadelphia, and there are buses nearby. Seller will provide secured financing for buyer to pay for the Property under mutually acceptable terms. Take advantage of this special opportunity before it is too late!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Living Area: 3,419 SqFt

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Michael Edward Cohen

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Cooktop, Dishwasher, Dryer, Oven, Electric Range, Refrigerator, Stainless Steel Appliances, Washer, Washer/Dryer Stacked
  • Basement: Yes
  • Flooring Type: Luxury Vinyl Plank
  • Interior: Built-Ins, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Sprinkler System, Upgraded Countertops

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Sidewalks, Street Lights

Parking Information:

  • Parking: Public, On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Other
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Benjamin Franklin High School, Public District Grades 9-12
  • Robert Morris School, Public District Grades KG-8

Other

Directions Information:

  • Directions: The building is located on the Southeast corner of S 24th St and W Thompson St.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $829,000
  • Price Per SqFt: $242/SqFt

Tax Information:

  • Annual Amount: $161
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$258.8K

Med. Price/SqFt

$196

Avg. Days On Market

50

# of Sold Homes

960

2352 W Thompson St vs Philadelphia

19 DAYS ON ROCKET

-31 Days

$829,000

+$570.1K More

$242/SqFt

+$46 More

KEY TAKEAWAY

This property is $570.1K more than the Median Sold Price and $46/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2352402

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Michael Edward Cohen

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: 5/29/2024, 12:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 10, 2019Home Sold
$156,500
May 07, 2018Home Sold
$77,500

Tax History

YEARPROP. TAXASSESSMENT
2020$161 -
2019$160$11,500
2018$220$15,700
2017$158$11,300

History based on county public records data.

Payment Calculator

$4,205

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,552

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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-4060098
3
/10
  • Robert Morris School

  • 2600 W Thompson St

  • 0.20 miles

  • Public District Grades KG-8

High School

school-card-donut-4060099
2
/10
  • Benjamin Franklin High School

  • 550 N Broad St

  • 1.06 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,521. Residents of Philadelphia, PA typically earn less than $35k each year. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19121›2352 W Thompson St

This home is located at 2352 W Thompson St in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This 3,419 square foot home, which was built in 2024, sits on a 0.03 acre lot. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $829,000.

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.

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