Not yet on the MLS
1713 S. 9th Street. Passyunk Square. Huge 2 story corner home with GARAGE, deck, 4 bedrooms and two baths. Needs updating but in great condition! Asking $225k
1318 S Opal, Point Breeze, $79k. Two stories, needs complete renovation.
1320 S Cleveland, Point Breeze, $89k. Two stories, needs complete renovation.
14 lots in Northern Liberties, fully approved for town homes with garages and parking. $150k each!
Contact Jim Onesti for more info. 215.440.2052 or email@example.com
BHHS Fox & Roach Realtors & The McCann Team. 215.627.6005
This project is ready for an investor to pull permits. Over one and half years have gone into drawings, meetings, streets department and zoning.
Property is approved for 16 units, 1-commercial restaurant and 15 residential units with 1-1 parking for residential units.
22,000 square feet building with plans for a green roof with common roof deck, dog walk and elevator service throughout.
Plans are available for review! Asking $1.8 million.
For more information contact * Jim Onesti * 215.440.2052 * firstname.lastname@example.org
An over assessed property can cost property owners and tenants several thousand dollars in additional taxes annually.
Negative impacts of an over assessed property: Lower net operating income if the real estate taxes are not reimbursed by the tenants. Tenants have numerous choices in today’s real estate market and consider not only the initial face rent but the pass through expenses when choosing a location for their business.
The additional real estate taxes from over assessment can result in a lower face rent for the property. Landlords may have trouble obtaining or retaining tenants due to the high real estate tax burden due to over assessment when the real estate taxes are passed through to the tenant. Lower value when selling the property or obtaining an appraisal for refinancing.
Bottom Line…an over assessed property costs you money!
The initial cost of properly preparing an appraisal report as well as the cost of obtaining legal counsel for the tax appeal hearing may seem costly at first and expenses sometimes exceed the first year’s tax saving. However, these tax savings will continue in the following years and the future benefit will far outweigh the initial cost.
Last year 579,000 properties were reassessed in the City of Philadelphia to establish “fair and accurate” market values. Unfortunately, not all properties received a “fair and accurate” value causing the derailment of commercial real estate deals as well as shocking commercial property owners with overwhelming tax increases based on an incorrect assessed market value of the property. Even though, not as dramatic the four suburban counties of Bucks, Chester, Delaware and Montgomery have widely divergent assessed market values.
Philadelphia Suburban Realty Appraisal Group welcomes the opportunity to provide you and your clients with a proposal for commercial real estate appraisal services to support your property assessment appeal. The Philadelphia Suburban Realty Appraisal Group is a team of professional commercial real estate appraisers that can determine the realistic market value of your commercial real estate. If you are one of many commercial real estate property owners paying taxes based on an overvalued property you need to act soon. Call TODAY to find out how they can help! Their appraisers work with attorneys, tax consultants and private property owners to produce accurate and reliable appraisals to bring about fair tax assessments.
For more information contact:
Joseph Vizza, MAI
HOT Point Breeze location!
2 story clean home in rental condition.
Easy rehab and flip for $190k
Five lots in South Philly
$179k for the package
1711 S. 20th
1400 S. 24th
For more information on these or…
any others, please contact:
215.440.2052 or email@example.com
Attention investors..we have a 3-story fixer upper in Queen Village, Center city, near 2nd and Christian Street …act now, it will not last…. asking 235k.
can be rehabbed into a three bedroom 2 bath beauty…
Contact Jim Onesti, The McCann Team, Prudential Fox and Roach Realtors for details….
2 story shell with approvals for a rear two story addition, 3rd story addition, AND a roof deck!
Run the numbers…this deal works!
Surrounded by new construction all around!
Walk to Graduate, Rittenhouse, Center City, Broad Street and so much more!
1846 Reed in rapidly developing Point breeze Area. Listed at just $78k! Won’t Last!
For more information or to make your offer today contact Jim Onesti. 215.440.2052 or firstname.lastname@example.org
The median list price in Philadelphia this week is $189,900.
The Market Action index has been trending down lately, while days-on-market is climbing,
providing mostly bearish signs for the market.
For this weeks summary report CLICK HERE!
For this weeks update report CLICK HERE!
For more information or to sign up to have these reports sent directly to your inbox, contact Jim Onesti 215.440.2052 or email@example.com
We replenished our inventory and now have several development sites, Lots, shells, Fixer uppers and wholesale deals in and around Center City Philadelphia…
HURRY, because as we all know they get absorbed quick…
Jim Onesti- Realtor firstname.lastname@example.org
McCann TEAM, Prudential Fox & Roach Realtors
530 Walnut Street #260
1022 s. 24th street, Near Carpenter Street, is a wide and deep 2-story fixer upper for sale!! NOT IN THE MLS!! renovated homes in the area sell for 300k-400k.
Asking price is $149,950. DRIVE BY ONLY!
contact us with interest.. Jim Onesti, McCann Team, Prudential Fox & Roach Realtors