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Image 1 - 4215 Salem St, Philadelphia, Pennsylvania, 19124 - House for sale
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Home For Sale In Philadelphia, Pennsylvania
4215 Salem St, Philadelphia, Pennsylvania, 19124

Home For Sale In Philadelphia, Pennsylvania

house for sale
Listed: 05/13/24

4215 Salem St, Philadelphia, Pennsylvania, 19124

Studio Bed:
1,862 Sq Ft Living Area:
Save
Price
$ 350,000

About This House

A well maintained rooming house featuring 5 rooming units and a rear studio apartment with separate electric. Property also offers coin operated washer and dry, High Efficiency Boiler, newer water main and sewer, and new electric service. A fenced in side yard can also generate additional income for parking/storage of vehicles (ideal for a contractor). At full occupancy (not including the side yard), this provides a solid 8 Cap Rate. Schedule your appointment today.

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Philadelphia Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In May 2024, the asking price for 2 bed houses for sale in/near Philadelphia, United States averaged $272,196, an increase of 0.5% from the previous month.
Median price trends for properties for sale in Philadelphia, United States as of May 2024.

Household Income

Median household income: $46,116
Number of households: 608,233
The average household income in Philadelphia, PA grew from $39,759 to $46,116 in the past year. This data is an estimate based upon 608,233 households in Philadelphia, PA.
The chart below presents how household income is distributed in Philadelphia, PA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Philadelphia, PA compared to median property taxes around the country. The prevalent amount of property taxes in Philadelphia, PA equals $800-$1,500 , which is less than the national average.