$215,000 Price Analysis    ♡   Philadelphia, PA 19141 4 bed None bath 3,480 SqFt ($61/SqFt) 2,064SqFt lot. Built 1930 Listed 2024-02-21 | ✓ USDA Eligible near Philadelphia, PA Restrictions may apply due to home size |
This commercial/mixed-use property on Broad Street in the Logan area of Philadelphia is a rare opportunity for ownership.
Zoned as CMX2.5, it offers tremendous potential for both owner-occupants and investors looking to rent out all units. With easy access to public transportation, major highways, hospitals, schools and Center City, this property is perfectly situated. The property features a first-floor office space with a connected unfinished basement and three apartments, each with its own private entrance. The first-floor apartment is a roomy studio with an oversized living area, full-sized dining room, kitchen spaces and private access to a large fenced backyard. The first-floor office space includes a waiting area, access to an unfinished basement and private bathroom which is located in the basement. Previously operated as a dental office and later a notary office, this versatile space has unlimited possibilities. On the second and third levels are two-bedroom, one-bath apartments with spacious kitchen and dining areas. These apartments offer an ideal living arrangement for renters seeking ample space in a vibrant neighborhood. Throughout the property, the charming original hardwood floors have been well-maintained over the years. While some refurbishment and updates may be necessary, this property presents an exceptional invest ment opportunity in an increasingly sought-after location. Don't miss out on this hidden gem!
This exceptional investment opportunity is being sold as-is where-is. The seller will not make any repairs, allowing the buyer to take full control of renovations and updates. With a total market value estimated at around $4, 100+ per month in rental income, this property has incredible potential. Don't miss out on this rare chance to own such n astounding property.
Presented by Aitiya A Hobson at
United Real Estate.
Property MLS #PAPH2324236 from BrightMLS
Heating: Yes
Lot Size Square Feet: 2063
Number of 2 Bedroom Units: 2
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: PHILADELPHIA
Source Property Type: Multi-Family
Area: PHILADELPHIA
Source Neighborhood: LOGAN
Postal Code Plus 4: 2231
Subdivision: LOGAN
Township: PHILADELPHIA
Property Subtype: Triplex
Source System Name: C2C
$215,000
BrightMLS
Listed 2024-02-21
$220,000
BrightMLS
Year Built: 1930
Construction Materials: Masonry
Property Age: 94
Structure Type: Twin/Semi-Detached
House Style: Straight Thru
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.