Being sold as-is ONLY. Ideal Owner-occupied unit is possible! Price DROP!! Great opportunity with this value-add CMX-1 zoned property. With a little bit of cosmetic touch-ups, this can be a great rental investment with 3 units. Over 12% CAP rate with current market rents - very rare find now. Lower level (basement) unit has 2 bedrooms with a full-bath and kitchen. First floor has 1 bedroom, 1 large living room, kitchen and 1 full bathroom. Can be used as an office/retail as well. Second Floor has 2 large bedrooms, 1 kitchen (gas stove) and a full bathroom. One entrance on 1st floor then separates into 2. Left door leads to 2nd floor unit. Estimated approximate annual income $36,000 Gross minus expenses of $5000/yr = 31,000 (12% Net) Come check it out and put your money to work for you!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Heating and Cooling
- Heating Features: Hot Water
- Heating: Yes
Land Info
- Lot Size Acres: 0.05
- Lot Size Square Feet: 2219
Garage and Parking
- Parking Features: On Street
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
- Senior Community: No
School Information
- School District: PHILADELPHIA CITY
Other Property Info
- Annual Tax Amount: 3326
- Source Listing Status: Active
- County: PHILADELPHIA
- Disclaimer: Standard
- Ownership: Fee Simple
- Source Property Type: Residential
- Property Subtype: townhouse
- Source Neighborhood: LAWNDALE
- Postal Code Plus 4: 5630
- Subdivision: LAWNDALE
- Township: PHILADELPHIA
Building and Construction
- Total Square Feet Living: 2448
- Year Built: 1950
- Above Grade Finished Area: 1448
- BelowGradeFinishedArea: 1000
- Construction Materials: Masonry
- Levels: 2
- Property Age: 75
- Levels or Stories: 2
- Structure Type: Twin/Semi-Detached
- Total Area Sqft: 2448
- Total Below Grade Area: 1000
- Architectural Style: Straight Thru