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$185000   Price Analysis
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7026 Elmwood Ave
Philadelphia, PA 19142
3 bed 2 bath 1812 SqFt ($102/SqFt)
1280SqFt lot. Built 1920
Listed 2024-06-06, Taxes $1629
USDA Eligible
near Philadelphia, PA
 

Welcome hom to a prime investment opportunity in the Elmwood Park neighborhood in Philadelphia.

* Sale Pending *

This is a decently sized mixed-use duplex property awaiting revitalization. With a storefront featuring a half bathroom for versatile commercial use and a second unit offering 3 bedrooms and 1 bath, this property holds immense potential to bring your ideas to. Though sold as is and requires TLC, it presents a compelling chance for entrepreneurs and i nvestors to unlock value in the bustling Philadelphia market. Conveniently located near public transit and a local Amazon warehouse, its strategic position enhances its appeal as a lucrative investment opportunity. Don't miss out!

Seize the chance to transform this multi-family property, add it to your portfolio or live in one unit and rent the other. Property will be sold in AS-IS condition and delivered vacant.


Presented by Brendon Hong at
Prosperity Real Estate & Investment Services.


Property MLS #PAPH2348048 from BrightMLS

Bedrooms: 3

Store/Office
Combination Kitchen/Dining
Basement

Full Bathrooms: 1
1/2 Bathrooms: 1

Heating: Yes

Lot Size Acres: 0.0293848
Lot Size Square Feet: 1280

Parking Features: On Street

Number of Units: 2
Number of 3 Bedroom Units: 1
Bedrooms in Unit-1: 3
Full Bathrooms in Unit-1: 1
Half Bathrooms in Unit-2: 1

School District: PHILADELPHIA CITY

Patterson John M School is a public elementary school located approximately 0.1 miles away.
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Bartram John - Main is a public high school located approximately 0.4 miles away.
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Sts. Clement Irenaeus is a private elementary and middle school located approximately 0.3 miles away.
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Southwest Leadership Academy Cs is a public elementary and middle school located approximately 0.3 miles away.
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Annual Tax Amount: 1629.0
Source Listing Status: Pending
County: PHILADELPHIA
Source Property Type: Multi-Family
Area: PHILADELPHIA
Source Neighborhood: PHILADELPHIA
Postal Code Plus 4: 1722
Township: PHILADELPHIA
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$93200 + $23200
$116400
$1629
2022$84167 + $16633
$100800
$1410
2021$84167 + $16633
$100800
$1410
2020$84167 + $16633
$100800
$1410
2019$77654 + $15346
$93000
$1301
2018$69722 + $13778
$83500
$1168
2017$69722 + $13778
$83500
$1168
2016$75564 + $7936
$83500
$1168
2015$75564 + $7936
$83500
$1118
2014$75564 + $7936
$83500
$1118
2013$8841 + $1911
$10752
$1050
2012$8841 + $1911
$10752
$1014
2011$8841 + $1911
$10752
$976
2010$8841 + $1911
$10752
$888
2009$8841 + $1911
$10752
$888
2009$8841 + $1911
$10752
$888

Listed 2024-06-06
$185000
BrightMLS
Sold 2002-06-06
$45000
Public Record
Sold 1999-06-14
$30000
Public Record
Sold 1987-07-06
$30000
Public Record

Total Square Feet Living: 1812
Year Built: 1920
Construction Materials: Masonry
Property Age: 104
Structure Type: Over Storefront
House Style: Converted Dwelling
Architectural Style: Over Storefront
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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.