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Key Details
Sold Price $105,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 728 sqft
Price per Sqft $144
Subdivision Brewerytown
MLS Listing ID PAPH2224980
Sold Date 10/20/23
Style Straight Thru
Bedrooms 2
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 728
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $918
Tax Year 2023
Lot Size 616 Sqft
Acres 0.01
Lot Dimensions 14.00 x 44.00
Property Description
Welcome to the heart of Brewerytown, where opportunities are ripe for investors and first-time homebuyers alike. Let's embark on a journey to explore the potential of this hidden gem. Nestled in this vibrant neighborhood stands a rowhome, beckoning you with its history and charm. Offering 2 bedrooms, 1 bath, and 728 square feet of space, it's a slice of the past with a promising future.
After Repair Value (ARV) is a staggering $205,000 or more, and the best part? It requires just $20,000 for light cosmetic repairs. Imagine the transformation you could achieve and the profits awaiting you. For those with cash in hand, this is a dream come true.
Rental income potential ranges from $1,300 to $1,800 per month after those cosmetic upgrades, promising both cash flow and appreciation. But what sets this property apart are the advantages it offers. Brewerytown is a neighborhood in rapid development, with new construction and businesses flocking in. The structure is solid, rooms are spacious, and the basement is ready for your creative touch. Enjoy modern comforts like central air and recessed lights in a well-maintained setting. The area is buzzing with potential, thanks to a new construction boom. And the location? Just half a block from Cecil B. Moore Ave, which leads to Fairmount Park and Temple University. A short drive and you're in the heart of bustling Center City. But here's the catch—don't let this opportunity slip through your fingers. Brewerytown is trending, experiencing lightning-fast growth, and boasts steady rental demand. This property is a cash-flow gem, a valuable addition to your rental portfolio. Secure your future and make this property your own. Schedule your showing today !
Inspection would be for informational purposes only!
property SOLD AS IN
Buyer will be responsible for U&O
Please See presentation of offers.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RSA5
Rooms
Other Rooms Basement
Basement Combination
Interior
Hot Water Natural Gas
Heating Hot Water, Radiator
Cooling Wall Unit
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility Other
Parking Type On Street
Garage N
Building
Lot Description Other
Story 2
Foundation Permanent
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Pets Allowed N
Senior Community No
Tax ID 324093100
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing FHA, Conventional, Cash
Listing Terms FHA, Conventional, Cash
Financing FHA,Conventional,Cash
Special Listing Condition Standard
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Bought with Asia Mclaurin • Iron Valley Real Estate Lower Gwynedd