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205 Lockart Terrace Philadelphia, PA $ 499,900
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$ 499,900 Get more info
205 Lockart Terrace
$ 499,900
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205 Lockart Terrace

Philadelphia, PA, 19116
$ 499,900
Bedrooms4 Baths0.0

Monthly Estimate*

$ 3,156

205 Lockart Terrace, Philadelphia, PA 19116 - Image 1
205 Lockart Terrace, Philadelphia, PA 19116 - Image 2
205 Lockart Terrace, Philadelphia, PA 19116 - Image 3
205 Lockart Terrace, Philadelphia, PA 19116 - Image 4
205 Lockart Terrace, Philadelphia, PA 19116 - Image 5

Multi-Family Home for sale in Philadelphia, PA

for $499,900 with 4 bedrooms. This home was built in 1969 on a lot size of 0.07.

Great opportunity to own a twin duplex in the highly desirable Somerton neighborhood of Northeast Philadelphia. This well-maintained income-producing property features two spacious apartments, each offering 2 bedrooms, a large living room, dining room, kitchen, hallway, and a three-piece bathroom. The lower level includes a shared laundry and utility area as well as a two-car attached garage, providing additional convenience and storage. Ideal for an investor seeking strong rental income or an owner-occupant looking to live in one unit while generating income from the other. The property is currently occupied by two families, offering immediate rental income potential. Conveniently located near shopping, schools, public transportation, and major roadways, this is an excellent opportunity to invest in one of Northeast Philadelphias most sought-after communities.

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Multi-Family Coming Soon

Price

$ 499,900

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 6,562

Style

Straight Thru

Lot Size

0.07

Year Built

1969

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2656020
Features
General
Living Area 1844
Sewer Public Sewer
Heating 90% Forced Air
Cooling None
Possession Subject to Existing Lease
Zoning RTA1
Garage Spaces 2.00
Architectural Style Straight Thru
Construction Materials Masonry
School District PHILADELPHIA CITY
Year Built 1969
Property Subtype Duplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Other
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Subdivision Name SOMERTON
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Status COMING SOON
Directions GPS
City PHILADELPHIA
Number Of Units Total 2
MLS Area 19116 (19116)
Lot Size Units Square Feet
Lot Size Square Feet 2922.00
Number of Units Leased 2
Tax Annual Amount 6562.0
Two Bedroom 2
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total AG 271.1
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Month to Month
Standard Status Coming Soon
Year Built Source Assessor
Tax Lot 170
Total Actual Rent 35400.00
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Interior
Heating Fuel Natural Gas
Basement Unfinished Walkout Level
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Garage Features Garage - Front Entry
Type of Parking Attached Garage
Foundation Details Permanent
Water View Y/N N
Lot Dimensions 29.00 x 102.00
Lot Size Acres 0.07
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 93760.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 205
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* Excluded Features
List By
Re/Max 2000

Broker

carlcesar@aol.com

Email

Affordability Calculator

$3,703
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,156
Monthly Property Taxes
$547
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4835660 Elementary School
4835659 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/4/2026$499,900 Listed Price

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205 Lockart Terrace, Philadelphia, PA, 19116 is a Multi-Family Home for sale at $499,900 with a lot size of 0.07. 205 Lockart Terrace has 4 bedrooms, 0.0 baths, and was built in 1969. The property's zip code is 19116 which is in Philadelphia, PA

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