Active Under Contract
bedrooms
0
bathrooms
0
square feet
2,700
Acreage
0.03
Open Houses
-
year built
1915
Full Baths
0
Half Baths
0
MULTIPLE OFFERS RECEIVED. PLEASE Submit Your Highest and Best by Monday, December 16th, at 12:00 PM, along with Proof of Funds. This CMX3-zoned 2700sqft row home with an unfinished basement presents a lucrative investment opportunity, featuring a first-floor commercial unit with a pro forma rental rate of $1,500 to $2,000 per month, along with four legally zoned one-bedroom residential units upstairs, each offering rental potential between $900 and $1,000 per month. While structurally sound as verified by a structural engineer, the property does require a full renovation. Located in an Opportunity Zone, it provides potential tax-deferred benefits and a high ROI. The area is also seeing significant improvement initiatives led by HUD. This property will be available soon, and only cash or construction loans will be accepted. Showings are by appointment only, flash light is needed, please with additional time needed for seller response. Estimated cost for reno will be range 150k-185k.
Location | |
Subdivision | - |
County | PHILADELPHIA |
Elementary School | - |
Middle School | - |
High School | - |
Open houses
None scheduled.
Find out more
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MLS number: PAPH2414420
Listing agent:
Alina Xie
Listing broker:
Berkshire Hathaway Homeservices Fox & Roach, Realtors
Copyright © 2024 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Wednesday, December 18 2024 at 11:54 p.m. EST
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