$475,000 Price Analysis    ♡   Philadelphia, PA 19141 3 bed None bath 2,590 SqFt ($183/SqFt) 8,022SqFt lot. Built 1935 Listed 2024-05-06, Taxes $3,395 | ✓ USDA Eligible near Philadelphia, PA Restrictions may apply due to home size |
Property Details
Nestled within the vibrant Logan section of Philadelphia lies a remarkable investment opportunity: a meticulously renovated six-unit apartment building boasting a coveted two-car garage with an automatic garage door openera rarity in this bustling neighborhood and a c oin operated washer and dryer. Comprising of three one-bedroom apartments and three efficiency apartments. Four of the apartments have been completely rehabbed, offering move-in ready accommodations featuring modern fixtures, sleek finishes, ample closet space and natural sunlight to accentuate the space. Three of the units are tenant occupied. Additionally, the convenience of a dedicated laundry room equipped with coin-operated washer and dryer enhances the appeal for residents seeking ease and efficiency in their daily routines. Moreover, the building offers more than residentil space; it presents an opportunity for versatile usage with its included office spacea basement office complete with a kitchen area, bedroom, storage areas, closet space and a full bathroom.
This multifunctional area provides limitless possibilities, whether utilized as a communal workspace for residents or as a separate rental unit to maximize income potential. Conveniently located near the Broad Street subway and offering easy access to major highways, the building provides unparalleled connectivity for residents commuting within the city or beyond. There's even more, this investment opportunity comes with an added bonus: a separate lot adjacent to the apartment building providing an inviting outdoor space for tenants to unwind. This secluded oasis offers a welcome escape from the daily hustle and bustle. For savvy investors seeking a turnkey opportunity in Philadelphia's thriving real estate market, this six-unit apartment building in Logan represents a rare gem. With its blend of modern comfort, convenience and strategic location, it offers the perfect foundation for a lucrative investment venture. Don't miss the chance to capitalize on this extraordinary opportunity. Call for more information.
Presented by Carleen Mossett at
BHHS Fox & Roach Chestnut Hill.
Property MLS #PAPH2351012 from BrightMLS
Heating: Yes
Garage Features: Garage - Rear Entry
Off Street Parking: 2
Parking Features: Detached Garage Spaces: 2, Detached Garage, On Street, Off Street
Parking Total: 4
Lot Size Square Feet: 8022
Number of 1 Bedroom Units: 3
Map directions Map directions Map directionsSource Listing Status: Active
County: PHILADELPHIA
Source Property Type: Multi-Family
Area: PHILADELPHIA
Source Neighborhood: PHILADELPHIA
Postal Code Plus 4: 2825
Township: PHILADELPHIA
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $194,080 + $48,520 $242,600 | $3,395 |
| 2022 | $99,280 + $17,520 $116,800 | $1,634 |
| 2021 | $99,280 + $17,520 $116,800 | $1,634 |
| 2020 | $99,280 + $17,520 $116,800 | $1,634 |
| 2019 | $92,310 + $16,290 $108,600 | $1,520 |
| 2018 | $92,820 + $16,380 $109,200 | $1,528 |
| 2017 | $92,820 + $16,380 $109,200 | $1,528 |
| 2016 | $70,155 + $39,045 $109,200 | $1,528 |
| 2015 | $70,155 + $39,045 $109,200 | $1,463 |
| 2014 | $70,155 + $39,045 $109,200 | $1,463 |
| 2013 | $6,541 + $4,083 $10,624 | $1,038 |
| 2012 | $6,541 + $4,083 $10,624 | $1,002 |
| 2011 | $6,541 + $4,083 $10,624 | $964 |
| 2010 | $6,541 + $4,083 $10,624 | $877 |
| 2009 | $6,541 + $4,083 $10,624 | $877 |
| 2009 | $6,541 + $4,083 $10,624 | $877 |
$475,000
BrightMLS
Listed 2024-05-06
$499,900
BrightMLS
Sold 1982-02-01
$30,000
Public Record
Year Built: 1935
Construction Materials: Stone
Property Age: 89
Structure Type: Twin/Semi-Detached
House Style: Traditional
Architectural Style: Twin/Semi-Detached
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.