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1905 S Ithan StreetPhiladelphia, PA 19143

For Sale

$138,000

Smart Buyer Rebate - Ask

This is a fully occupied 2-unit multifamily located in the quickly appreciating Kingsessing neighborhood! This is one of the rare investment opportunities in Philadelphia that still has positive cash flows even at the current interest rates. Please review the P&L statement included in the Documents tab of the MLS listing. There is plenty of opportunity for value-add with regard to the cosmetic features of the units, but most of the plumbing, electrical, and mechanicals have already been upgraded for you! This is a great property to add to your investment portfolio.

Listed by Neil P Dessecker

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License #RS325498

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RE/MAX One Realty - TCDT

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2152411156

Last updated May 06, 2025

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Source: BrightMLS #PAPH2459642

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouthwest Schuylkill
  • Days on Prevu172
  • Taxes$2,348/year
  • Size1,162 sqft
  • Price per sqft$119

Amenities

  • Washer/Dryer

Location

Mortgage Calculator

Listing History

03/22/2025
Listed by RE/MAX One Realty - TCDT
$138,000

Property Details for 1905 S Ithan Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 2
  • Property Condition: Average
  • Year Built: 1925
  • Architectural Style: Traditional
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.02
  • Lot Size Dimensions: 15
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 934
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.41

Taxes

  • Tax Annual Amount: $2,348.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dryer, Washer
  • Flooring: Wood

Measurements

  • Living Area: 1,162
  • Living Area Source: Estimated

Rooms

  • Basement: Unfinished
  • Has Basement: Yes

Other

Location

  • Tax Lot: 132

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Heating: Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.