• 2656 S Shields Street PHILADELPHIA, PA 19142

  • $157,700
  • 0
    Bed(s)
  • 0
    Baths
  • 960
    Sq Ft
  • 1472
    Sqft

HUGE PRICE REDUCTION!!Attention Investors! A Lucrative Opportunity Awaits in the Elmwood Park Area at 📍2656 Shields St, Calling for Its Next Landlord! This multi-family property 🏡promises excellent cash flow potential with its 2 units. Upon entering, you'll immediately notice the well-maintained floors complemented bythe good condition of the walls. Each unit boasts a kitchen adorned with lovely Formica countertops. Unit 1 comprises 1 bedrooms 🛏️ and 1 bathroom🛀 on the first floor, and Unit 2 also features 2 bedrooms🛏️ and 1 bathroom🛀. With its strategic layout, this property holds tremendous potential, especially with the current upward trend in rental rates, enabling the new owner to generate substantial monthly passive income💰. Moreover, its location offers easy access to public transportation, shopping, and dining options, making it a great investment opportunity. Don't let this chance slip away! As a seasoned real estate professional, I stand ready to guide you through the exciting journey of exploring this investment further.

Property Type :

Multi-Family

Subdivision :

Elmwood Park

County :

PHILADELPHIA

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Public

Interior Features

Roof : Flat

Basement Description: Other

Roofing Information

Flat

Heating & Cooling

Cooling: None

Heating: Forced Air

Cooling Fuel: None

Heating Fuel: Natural Gas

Building Information

Year Built: 1925

Structure: Interior Row/Townhouse

New Construction: No

Total Units: 2

Built: 1925

Construction Material: Masonry

Roof: Flat

Foundation/Basement: Other

Architecture: Straight Thru

Pool/Private: No Pool

Roof Type: Flat

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Electric

Lot Information

Lot Size: 1,472

Dimensions: 16.00 x 92.00

Lot Size (Acres): 0.03

Architectural Style: Straight Thru

Main Square Feet: 1,472

Property Information

SQ ft: 960

SQ ft (Living Area): 960

Total Lot SQ ft: 1,472

Subdivision: ELMWOOD PARK

Financing: Cash,Conventional,FHA,VA

Appx. Lot Dimensions: 16.00 x 92.00

Total Acreage: 0.03

New Construction: No

Type: Straight Thru

Listing Information

Possession: Negotiable

Days Of Market: 18

Tax Information

Annual Tax: $2,203

Tax Year: 2022

Total Taxes Payment Frequency: Annually

Possession

Negotiable

Assessment Information

Taxes Assessment Amount: $157,400

Parking Information

Parking Type: On Street

Has Garage: N

Multi-Unit Information

Acceptable Financing: Cash,Conventional,FHA,VA

Roof: Flat

Homeowners Association Information

Direction: On Shields St between Dicks Ave & Buist Ave.

School Information

School District: PHILADELPHIA CITY

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: None

Heating Fuel: Natural Gas

Hot Water: Electric

Location Information

Direction: On Shields St between Dicks Ave & Buist Ave.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6706 Woodland Avenue , Philadelphia, PA,19142 $199,000 -- -- -- 1132 Sqft
6308 Chester Avenue , Philadelphia, PA,19142 $79,999 -- -- -- 1168 Sqft
2034 S 61st Street , Philadelphia, PA,19142 $95,000 -- -- 1,231 1231 Sqft
7129 Grays Avenue , Philadelphia, PA,19142 $260,000 1 1.0 910 5267 Sqft
7036 Greenway Avenue , Philadelphia, PA,19142 $50,000 -- -- 2,007 2007 Sqft
7038 Greenway Avenue , Philadelphia, PA,19142 $50,000 -- -- 2,007 2007 Sqft
6901 Greenway Avenue , Philadelphia, PA,19142 $25,000 -- -- 396 396 Acres
6151 Reedland Street , Philadelphia, PA,19142 $124,999 3 1.0 1,092 937 Sqft
6148 Reedland Street , Philadelphia, PA,19142 $109,900 3 1.0 -- 992 Sqft
6600 Woodland Avenue , Philadelphia, PA,19142 $570,000 -- -- 3,140 1808 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/08/2024 @ 05:05

MLS: PAPH2336086
LISTED BY: Sergio Giraldo , Rehobot Real Estate, LLC
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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