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Welcome to this fantastic investment opportunity in the heart of Philadelphia! This legally zoned residential property is currently being used as an ILLEGAL duplex and is earning $1850 a month for the upper level and $800 for the basement =$2,650 a month in income. The property was recently updated less than five years ago, so you can rest assured that it is in great condition. The key investment is already producing income, making it a smart choice for any savvy investor. The property comes with great standing tenants who would like to stay. Please note that the new owner will be responsible for changing the zoning and variances with the city of Philadelphia. The seller is offering the property in as-is condition, providing an excellent opportunity for a buyer to make their mark on this income-producing property. Don't miss out on this incredible chance to own a profitable investment in a prime location!
Property Type(s):
Condo/Townhouse/Co-Op
Last Updated | 9/17/2024 | Tract | LAWNCREST |
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Year Built | 1949 | Community | 19111 (19111) |
Garage Spaces | 1.0 | County | PHILADELPHIA |
SCHOOLS
School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
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Additional Details
AIR | Ceiling Fan(s), Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Cooktop, Electric Water Heater |
AREA | 19111 (19111) |
BASEMENT | Finished, Yes |
CONSTRUCTION | Brick |
GARAGE | Yes |
HEAT | Hot Water, Natural Gas |
INTERIOR | Eat-in Kitchen |
LOT | 1307 sq ft |
LOT DIMENSIONS | 18.00 x 74.00 |
PARKING | Attached |
SEWER | Public Sewer |
STORIES | 2 |
STYLE | Bi-level, Traditional, Transitional |
SUBDIVISION | LAWNCREST |
TAXES | 2999 |
UTILITIES | Cable Available, Natural Gas Available |
WATER | Public |
ZONING | Not legally zoned , buyer responsible. |
Location
Listing provided by Quality Real Estate-Broad St
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Data last updated: 1/9/25 11:33 PM PST
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