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Image 1 - 1516 S Patton St, Philadelphia, Pennsylvania, 19146 - House for sale
Image 2 - 1516 S Patton St, Philadelphia, Pennsylvania, 19146 - House for sale
Image 3 - 1516 S Patton St, Philadelphia, Pennsylvania, 19146 - House for sale
Image 4 - 1516 S Patton St, Philadelphia, Pennsylvania, 19146 - House for sale
Image 5 - 1516 S Patton St, Philadelphia, Pennsylvania, 19146 - House for sale
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S Patton St, Philadelphia, Home For Sale
1516 S Patton St, Philadelphia, Pennsylvania, 19146

S Patton St, Philadelphia, Home For Sale

house for sale
Listed: 07/19/24

1516 S Patton St, Philadelphia, Pennsylvania, 19146

2 Bed:
1 Bath:
992 Sq Ft Living Area:
Save
Price
$ 130,000

About This House

Presenting an exceptional investment opportunity to acquire an affordably priced property located in the rapidly growing Grays Ferry neighborhood. This property, currently zonedRSA-5,and is configured as a duplex, featuring two individual units, with unit 1 a one-bedroom, one-bathroom apartment and Unit 2 a two-bedroom, one-bathroom apartment. Unit 1 has previously generated a rental income of $750 per month, and with updates and enhancements could get as much as $900/month, Unit 2 is rented for $850/month with tenant paying utilities and has the potential to command a rental rate of up to $1100 per month with some upgrades. It is important to note that the property is in need of some renovation and is being offered for sale in its current …  Full description

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Grays Ferry Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In June 2024, the asking price for 3 bed houses for sale in/near Grays Ferry, Philadelphia, United States averaged $286,279, staying on the same level compared to the previous month.
Median price trends for properties for sale in Grays Ferry, Philadelphia, United States as of June 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.