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BEDS5BATHS2 full 1 partialSQUARE FEET2,452MLS#PAPH2568744
STATUSPROPERTY TYPEResidential - Single FamilySUBDIVISIONGERMANTOWN (EAST)SCHOOLPHILADELPHIA CITY
Property Description
Excellent opportunity for investors or to acquire a three-story masonry property in Philadelphia, offered AS-IS. This property provides a strong footprint with multiple exit strategies including buy-and-hold rental, renovation, or repositioning. Built in 1925, the home offers approximately 2,452 square feet of above-grade living space and includes a private driveway. The classic masonry construction supports long-term durability and renovation potential. The property currently presents an opportunity to renovate and stabilize for rental income. Projected market rent supports strong upside, with comparable properties in the area achieving competitive rents following renovation. Low annual real estate taxes of approximately $991 enhance cash-flow potential once stabilized. Located in an established Philadelphia neighborhood with access to public transportation, shopping, and local amenities, this asset is well-positioned for long-term demand.
Property Features
Basement: Dirt Floor
Basement: Yes
Cooling: None
Days on Market: 100
Fuel Type: Oil
Heating: Radiator
Lot Size: 0.07 Acres
Taxes: $991
Year Built: 1925
Feature Descriptions
Accessibility: Above Grade, Below Grade
Electric: 200+ Amp Service
Exterior: Masonry
Lot Dimensions: 0.07 Acre(S)
Sewer: Public Sewer
Utilities: Electric Available, Water Available, Sewer Available
All commissions are negotiable
Disclaimer:
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