Do not miss out on this Porch Front 3 Unit Multifamily Building (LEGALLY Zoned - Variance) with lots of upgrades in Tacony for $285,000. Metered separately for gas and electric. 1st Floor is a vacant 2BR 1 Bath unit with access to the basement. This unit is large and has a front and side entry/exit. Both bedrooms just had new drywall and paint. The rest of the unit needs cosmetic updates. 2nd Floor has a 1BR/1 Bath unit and an efficiency that were renovated in 2020ish. 3 boilers and 3 hot water heaters. Roofs were just reflashed and coated in February 2024. Main roof replaced approx 2021. Units 2 and 3 are collecting 850 and 800 per month plus tenants pay gas, elec and 30% of water/sewer bill. This could be a great opportunity for an owner occupant to live on the first floor and collect rents on units 2 and 3. Unit one could rent for approx $1000 right now or about $1250-$1300 after new paint and flooring.
This building is a short distance from several public, private and charter schools, recreation centers and supermarkets. A variety of public transportation options (including the Tacony and Holmesburg Regional Rail Stations) and I-95, Route 1 and the bridges to NJ are all in close proximity. As-is sale.
Property Type :
Multi-Family
County :
PHILADELPHIA
Style :
Multi-Family
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ByOwner last updated this listing 04/29/2024 @ 14:37
MLS: PAPH2320844
LISTED BY: Jeffrey J George , BHHS Fox & Roach-Art Museum
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
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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