1238 Gerritt St Philadelphia, PA 19147

3 beds · 1 bath · 1,380 sq ft · Lot Size: 825 sq ft · Single Family Home · Passyunk Square
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1238 Gerritt St is in the Passyunk Square neighborhood of Philadelphia, PA. It is located in Philadelphia County and ZIP code 19147. This Single Family Home was built in 1920 and is approximately 105 years old. The single family home spans 1380 sq ft with 3 bedrooms and 1 bathroom and sits on a 825 sq ft lot. The Passyunk Square area of Philadelphia has 1550 residential homes. Analyze and compare real estate investment strategies for properties like this home at 1238 Gerritt St Philadelphia, PA 19147 with Property Intel by Whitepages.

Investment Potential for 1238 Gerritt St

The property has a current estimated value of $354,338, which is 0% below the neighborhood median. Projected long-term rental income is $25,200 annually ($2,100 per month) with a 88% occupancy rate.

Long-Term

Gross Rental
$25,200 per year($2,100 per month)
Net Operating Income
Cap Rate
Occupancy Rate
88%in 19147 zip code
 
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Owners & Occupancy for 1238 Gerritt St

This property is owned by Michael A Morgano. Owner contact information includes 7 phone numbers and 5 email addresses.

Property Owners

Cell Phone(215) ***-****
Residence******************
Landline(215) 336-4058+ 4 more
Distance from Property**********
Email Address********@gmail.com

Property Ownership Information

Property Tax Amount$4,666 in 2024

Occupancy

Resident 1****************** age 96
Resident 2**************

Property Details for 1238 Gerritt St

Property Details

Property Sq Ft

Living Area

1,380 sq ft

Compare to Passyunk Square

Price Per Sq Ft

Living Area

$257 / sq ft

Compare to Passyunk Square

Lot Size Area

$430 / sq ft

Compare to Passyunk Square
Property condition, age, exterior, etc. for 1238 Gerri…
Longitude: -75.165553 Latitude: 39.932074 Parcel Number (APN): 01-2425100…
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Market Benchmarks

Compare data for 1238 Gerritt St in Philadelphia County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$354,338
$243,601
$110,737 (45%)
$404,469
$261,479 (65%)
YoY Price Change
2.5%
100%
Year Built
1920
1957
-37 years
Living Space
1,380 sq ft
1,451 sq ft
-71 (-5%)
$ Per Living Sq Ft
$257
$168
$89 (53%)
Lot Size
825 sq ft
8,712 sq ft
-7887 (-91%)
$ Per Lot Sq Ft
$430
$38
$391 (1021%)

Net Operating Income
$16,161
-$1,573 (-10%)
Annual Revenue
$25,200
$24,600
$600 (2%)
$8,083
$2,529 (31%)
Net Operating Income
$16,161
-$1,573 (-10%)
Cap Rate
6.34%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians