Around the Block: 3/13/20

March 19, 2020 BY JEFF CITY BLOCK

Please note that the original publish date of this newsletter was on Friday, 3/13/20. Just like you, we’re constantly monitoring the latest news as it relates to the coronavirus. Our only wish is that you, your family and loved ones remain safe during this unprecedented time.

Volume 19: Issue 65
3/13/20

Your Weekly Dose of Real Estate News, Open Houses, Listings and More — by Jeff “City” Block

Open for Business. Prudent & Safe

When it comes to Expert Real Estate Representation, I strive to always be ahead of the curve. Innovative ideas and strategies and taking every step possible to deliver the best possible service to my clients. When it comes to the health of my team, my clients, our customers, all of their friends and loved ones, and the general public, I will do everything possible to be ahead of the curve as well.

We are now in the midst of a COVID-19 pandemic. Absolutely not a time to panic, but a time for caution, reasonableness, preparedness, and perhaps most importantly, consideration for others and the community at large. As most everyone realizes by now, this is a very serious situation. Many, if not all, group gatherings have already been canceled and it is likely that schools, offices, and many businesses will be closing soon. Not to mention airlines, sports leagues, etc.

The best way to keep our city and loved ones as safe as possible is to limit group exposures and contact as much as possible. Doing this is a win-win. Fewer people exposed means less crowded hospitals and it also means our city and economy will come out of this quicker and in better shape.

To that end, the City Block Team will not be holding any open houses starting this weekend and until the time is appropriate and safe to resume. Also, effective immediately, all CBT agents and admin staff have been advised to work from home instead of the office.

That being said, the City Block Team remains totally open for business. We will work from home, be fully available (probably more so than usual), and will still be able to show any properties at your convenience and with all proper health and safety precautions in place. And if you can’t travel or prefer not to see a home in person, we can arrange video tours as well.

To summarize:

We want to be ahead of the curve and help keep our agents, staff, clients and their family and contacts, and the general public as safe as possible.
We will be fully open for business: selling homes, showing buyers, making appointments, providing information—all with safety precautions in place.
We will not be hosting public open houses.
We will continue to provide Expert Real Estate Representation.

Most importantly, please be considerate of others and remember that even if you are not concerned with getting sick, that some in our community are much more vulnerable than others. When my synagogue sent out a notice that Shabbat Services would be canceled for the foreseeable future, they referenced the Jewish principle of “pikuach nefesh,” which means that the preservation of human life supersedes any other religious law. Most people, whether Jewish or not, believe this, and please all be safe in your upcoming ventures, wash your hands, don’t come in close contact, and be especially mindful of the more vulnerable people in our community.

L’chaim.

Warm regards,

Jeff

Spotlight Property of the Week

4043 Sansom Street

University City Triplex

5 Bed | 3 Bath | 2,020 SF

$789,000

Spacious, updated 5-bedroom 3 full bath home (zoned as triplex) with large rear yard. Situated on one of the best rental blocks in the City—other homes on the block in similar condition rent for $5,500+/month. This is the first home sale on this block to hit the MLS in over 20 years!! Ideal location for a landlord. South-facing for excellent light. 1st floor has a big living room, 2nd social room (or dining room), a nice kitchen with a full stainless appliance package, a very big rear yard. Full bath. 2nd floor with 3 bedrooms and a full bath. 3rd floor with 2 bedrooms and a full bath. High ceilings and hardwood floors throughout. Washer/Dryer.

97 WalkScore. 92 TransitScore. 98 BikeScore. Walk to Penn, Drexel, hospitals, and everything in University City. Easily accessible to Center City. The other homes on this block are institutionally owned. Home has always been rented on one lease. Tenants pay gas and electric; Landlord pays water.

View full listing here

Featured Listings

2004 Delancey Street 2-CAR GARAGE Rittenhouse Square 6 Bed \| 5 Bath \| 2 Half-Bath $4,195,000	7111 Germantown Avenue ON-SITE COVERED PARKING FULL 10-YEAR TAX ABATEMENT Mount Airy 19 distinctive & dramatic condominium residences with high-end finishes & significant character. $405,000 – $1,200,000
4043 Sansom Street SPOTLIGHT LISTING University City Triplex 5 Bed \| 3 Bath $789,000	817 S 48th Street NEW LISTING University City 7 Bed \| 2.5 Bath $649,000
4720 Larchwood Avenue University City 4 Bed \| 2.5 Bath $579,900	2429 Locust Street #510 ON-SITE GARAGE PARKING INCLUDED! Fitler Square 1 Bed \| 1 Bath $387,500
531 Greenwich Street SOON TO BE FEATURED ON HGTV’S HOUSE HUNTERS! Dickinson Narrows 2 Bed \| 2.5 Bath $359,000	173 W Price Street BRAND NEW CONSTRUCTION 10-YEAR TAX ABATEMENT Germantown 3 Bed \| 2 Bath $350,000
240 W Penn Street BRAND NEW CONSTRUCTION 10-YEAR TAX ABATEMENT Germantown 3 Bed \| 1.5 Bath $269,500	2053 Christian Street #B Graduate Hospital 1 Bed \| 1 Bath $265,000
610 Annin Street Passyunk Square 2 Bed \| 1 Bath $240,000

CBT Under Contract

264 S 9th Street
210 W Rittenhouse Square #2503

5010 Hazel Avenue

3405 Baring Street

501 S 45th Street

503 S 45th Street

407 S 43rd Street

800 S St Bernard Street

742 Lombard Street
1324 Locust Street #505

2103 Catharine Street

1018 S 24th Street

525 Fitzwater Street #2
317 S 2nd Street #5C

2003 Brandywine Street
2446 Tulip Street

2350 N Park Avenue

706 S Mt Pleasant Avenue

2200 Arch Street #804
4826 Aspen Street

5230 Walton Avenue

2001 Hamilton Street #1224

811 Bowman Avenue

3 Michele Drive

615 Elkins Avenue

1501 Green Street #4

528 Montgomery Avenue

416 N Saunders Avenue

1218 N 30th Street #1

315 New Street #510

2341 E Harold Street

2215 Cantrell Street
6639 N Fairhill Street

As always, please know that I’m humbled by and appreciative of your introductions and referrals. If you have a friend, colleague, or family member that is in need of Expert Real Estate Representation, please have them contact me.

Be assured, I will do my best to exceed their expectations! Thanks for taking the time to read this issue of Around the Block.

Compass RE is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.

Some imagery in this e-newsletter was sourced via Visit Philadelphia®.
Pixabay, Canva.com, and pexels.com

Spotlight Property of the Week

Moving? Discover the value of your home.