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This is an increidble opportunity for the right investor that is familiar with federal programs designed for housing for recovery, stabiliazation programs, VA, etc. This property has a legal rental license for 25 units, that includes one unit designated for a builing manager. Each private bedroom has tall ceilings, windows and a closet. There is a total of 6 powder rooms, 6 showers, a laundry room, 3 lounge/common areas, and 2 kicthens that are shared by all the residents. There is also a large outdoor space and a reception area at the front door. The area is surrounded by new construction, easily assesable by public transportation, and close to Center City. The property was occupied fairly recently, repairs needed, but it is priced accordinly to the esimated cost to renovate.
| DAYS ON MARKET | 105 | LAST UPDATED | 11/8/2024 |
|---|---|---|---|
| TRACT | FRANCISVILLE | YEAR BUILT | 1915 |
| COMMUNITY | 19121 (19121) | COUNTY | PHILADELPHIA |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Oct 3, '24 | $875,000 |
|---|---|
| Oct 3, '24 - Nov 8, '24 | $825,000 |
| Nov 8, '24 - Today | $799,000 |
| ADDITIONAL DETAILS | |
| AREA | 19121 (19121) |
|---|---|
| HEAT | Baseboard, Forced Air, Hot Water, Natural Gas |
| LOT | 2614 sq ft |
| LOT DIMENSIONS | 32.00 x 75.00 |
| SEWER | Public Sewer |
| SUBDIVISION | FRANCISVILLE |
| TAXES | 11643 |
| WATER | Public |
| ZONING | This property has a legal renatl license for a boarding house for 25 units |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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