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Philadelphia,PA 19131
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,635 sqft
Price per Sqft $65
Subdivision Carroll Park
MLS Listing ID PAPH2441038
Style Straight Thru,Traditional
Bedrooms 4
Full Baths 1
Half Baths 1
Year Built 1925
Annual Tax Amount $1,882
Tax Year 2024
Lot Size 1,311 Sqft
Property Description
Prime Investment Opportunity: 4-Bedroom Home with Immediate Equity & Strong Cash Flow Potential
Discover an incredible investment opportunity with this spacious 4-bedroom, 1,600+ sq. ft. residential home in West Philadelphia. This property offers significant potential for both immediate equity gains and long-term cash flow.
Key highlights include: Recent Updates: Freshly coated roof, fully functional heating system, and working electrical infrastructure. Strong Rental Demand: Eligible for the PHA Housing Choice Voucher Program, guaranteeing $2,510/month in rental income .Equity Upside: Renovation offers the chance to unlock immediate significant equity, making it a smart addition to your portfolio. Generous Layout: Over 1,600 sq. ft. of living space with 4 bedrooms, ideal for families seeking spacious accommodations. Great sized rear yard as well as value add opportunity to add additional bathrooms and/or finish the basement and potentially add a 5th bedroom for an increase in cashflow and equity.
After repair value between: $250K-$300K depending on finishes and additional upgrades.
Whether you're an investor looking to flip for a profit or seeking a property to hold for consistent rental income, this opportunity checks all the boxes. Don't miss your chance to secure this promising asset and capitalize on its earning potential!
Close to multiple public transportation routes, just a 20 minute commute to Center City and ease of access to anywhere on the mainline or Delco, with a 20-30 minutes to PHL Airport depending on traffic.
Location
State PA
County Philadelphia
Area 19131 (19131)
Zoning RSA5
Interior
Hot Water Electric
Heating Radiant
Cooling None
Exterior
Water Access N
Building
Story 2
Foundation Brick/Mortar,Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Special Listing Condition Standard