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218 S 8th Street, Philadelphia, PA 19107
$1,999,500Just Listed
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218 S 8th Street, Philadelphia, PA 19107View this property at 218 S 8th Street, Philadelphia, PA 19107
218 S 8th StreetPhiladelphiaPA19107
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Property Description
Welcome to 218 S 8th St, an exceptional mixed-use investment opportunity nestled in the heart of Washington Square. This meticulously maintained property presents a rare combination of one retail space and four fully rented residential units, making it an ideal addition to any investment portfolio. As you step inside, you'll be greeted by the charm of yesteryear seamlessly blended with modern amenities. The retail space, currently rented, offers a prime location for a thriving business, while the four residential units boast spacious layouts flooded with natural light. Each unit exudes a timeless elegance, with gorgeous original details such as magnificent high ceilings and beautiful woodwork and molding. Renovated kitchens and bathrooms enhance the living experience, offering both functionality and beauty that are sure to keep the units in high demand. With three thoughtfully designed 1-bedroom, 1-bathroom apartments and one spacious 2-bedroom, 2-bathroom apartment, residents will find a true haven of comfort and sophistication. Whether relaxing after a long day or entertaining guests, these opulent living spaces provide the perfect backdrop for every occasion. Located in the historic Washington Square neighborhood, this property is surrounded by a wealth of cultural attractions, including Independence National Historical Park, the Liberty Bell, and Independence Hall. Plus, with an array of award-winning restaurants and bars just a stone's throw away, residents will delight in the vibrant energy of city living. Embrace the allure of this unique gem, where history, culture, and contemporary living converge to offer an unparalleled lifestyle experience. Don't miss your chance to own a piece of Philadelphia's rich heritage - schedule your showing today!
Full Property Details
Full Property Detailsfor 218 S 8th St
General
- Price: $1,999,500
- Taxes: $19,930 (2022)
- Status: Active
- Type: Retail
- MLS ID: PAPH2350156
- Updated: 5/13/2024
- Added to Site: 4 day(s) ago
Business
- Business Type: Apartment Building, Other/General Retail
Interior
- Flooring: Wood
Parking
- Parking Type: None
Location
- Area: 19107 (19107)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Cross Streets: Locust
- Driving Directions: From Walnut, Left on 8th
- Historic District: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Roof: Metal
- Stories/Levels: 0
- Year Built: 1897
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
Unit 1
- Unit Description: Unit 1
Unit 2
- Unit Description: Unit 2
Unit 3
- Unit Description: Unit 3
Unit 4
- Unit Description: Unit 4
Unit 5
- Unit Description: Unit 5
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Lot Size Source: Estimated
- Lot Dimensions: 37.00 x 61.00
- Zoning: RMX3
Financial Considerations
- Price Per Sq. Ft.: $342.85
- Assessment Year: 2023
- School Tax: $10,936
- City/TownTax: $8,994
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $1,423,800
- Tax Amount: $19,930
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Investment: Yes
- Lot Number: 212
Quickly Find Out More
Listed by BHHS Fox & Roach-Chestnut Hill, Baiyina B Brown
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— 218 S 8th St —
Baiyina B Brown
BHHS Fox & Roach-Chestnut Hill
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NMLS#: 1598647
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Schools
Schoolsserving 218 S 8th St
School District:The School District Of Philadelphia
| Rating | Name | Grades | Distance |
|---|---|---|---|
325 S 7th St, Philadelphia, PA 19106 | K-8 | 0.2 mi | |
550 N Broad St, Philadelphia, PA 19130 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided byGreatSchools. Ratings are on a scale of 1-10.Learn more about GreatSchools ratings.School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales Historyfor 218 S 8th StGet Price Alerts and Save Property
Date
Details
Price
Change
Source
5/13/2024
Listed
$1,999,500
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax Historyfor 218 S 8th St
Year
Property Taxes
Change
Tax Assessment
Change
2021
$18,367
-8%
-100%
2023
$19,930
9%
$1,423,800
9%
2020
$18,367
1%
$1,312,100
1%
2019
$18,186
3%
$1,299,200
3%
2018
$17,657
23%
$1,261,400
23%
2017
$14,331
—
$1,023,800
—
2016
$14,331
4%
$1,023,800
—
2015
$13,719
—
$1,023,800
—
2014
$13,719
39%
$1,023,800
916%
2013
$9,849
—
$100,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Costfor 218 S 8th St
Listed by BHHS Fox & Roach-Chestnut Hill, Baiyina B Brown
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Just Listednear 218 S 8th St
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- Lots/Land
- Active
- Updated 2 days ago
0.02
Acres
Listed by RE/MAX Preferred - Cherry Hill, Tamie L McSweeney Pettiford
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- Single Family
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- Updated 6 days ago
3
Beds
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Total Bath
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Sq. Ft.
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Total Bath
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- Updated 1 day ago
0.03
Acres
Listed by ARC Real Estate, Gladys David
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- Townhouse
- Active
- Updated 2 days ago
3
Beds
1
Total Bath
1,120
Sq. Ft.
Listed by Better Homes and Gardens Real Estate Maturo, Dominique Satterfield-Brown
Save
- Townhouse
- Active
- Updated 23 hours ago
3
Beds
2
Total Baths
1,160
Sq. Ft.
Listed by HomeSmart First Advantage Realty, Ronnie C Dawson
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Listed by Garden State Properties Group - Merchantville, Basem Mazahreh
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- Single Family
- Active
- Updated 1 day ago
2
Beds
1
Total Bath
800
Sq. Ft.
Listed by EXP Realty, LLC, Kyra L. Brinson
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218 S 8th Street, Philadelphia, PA 19107 (MLS# PAPH2350156) is aRetail property.218 S 8th Street is currently listed for $1,999,500 and was received on May 13, 2024.Want to learn more about 218 S 8th Street?Do you have questions about finding otherRetailreal estate for salein Philadelphia?You can browse all Philadelphia real estate orcontact a Coldwell Banker agent to request more information.
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