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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 opener"”a rarity in this bustling neighborhood and a coin 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 just residential space; it presents an opportunity for versatile usage with its included office space"”a basement office complete with a kitchen area, bedroom, storage areas, closet space, and a full bathroom. This multifunctional area provides endless 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.
DAYS ON MARKET | 138 | LAST UPDATED | 8/23/2024 |
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YEAR BUILT | 1935 | COMMUNITY | 19141 (19141) |
COUNTY | PHILADELPHIA | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
PRICE HISTORY | |
Prior to May 31, '24 | $499,900 |
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May 31, '24 - Aug 23, '24 | $475,000 |
Aug 23, '24 - Today | $459,900 |
ADDITIONAL DETAILS | |
APPLIANCES | Electric Water Heater |
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AREA | 19141 (19141) |
CONSTRUCTION | Stone |
HEAT | Baseboard, Electric |
LOT | 7841 sq ft |
LOT DIMENSIONS | 61.00 x 132.00 |
PARKING | On Street |
SEWER | Public Sewer |
TAXES | 3395 |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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