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Philadelphia,PA 19104
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,721 sqft
Price per Sqft $128
Subdivision Mantua
MLS Listing ID PAPH2517224
Style Other
Abv Grd Liv Area 2,721
Year Built 1915
Annual Tax Amount $1,913
Tax Year 2023
Lot Size 1,785 Sqft
Acres 0.04
Lot Dimensions 17.00 x 105.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Unmissable Investment Opportunity: Large Multi-Bedroom Home in Prime Philadelphia Location!
Seize this incredible investment opportunity! We're presenting a spacious property perfectly positioned for significant returns, located strategically near University City, Center City, the Philadelphia Zoo, and Fairmount Park. This highly desirable address offers unparalleled access to Philadelphia's major universities, business districts, cultural attractions, and green spaces, making it incredibly attractive to a wide range of tenants. Multi-Family Conversion Potential (RM1 Zoning): Zoned RM1 (Residential Multi-Family), this property holds immense potential for conversion into a multi-family dwelling, significantly increasing its income-generating capacity. RM1 zoning in Philadelphia is specifically intended to accommodate moderate-to-high density, multi-unit residential buildings. Prospective buyers should consult with the City of Philadelphia Department of Licenses and Inspections and/or a zoning attorney to confirm specific requirements and permitting processes for multi-family conversion, which typically include obtaining a Use Registration Permit. The property currently features 9 bedrooms and 3 full bathrooms, providing ample living space. It also boasts a private backyard and a basement, adding to its appeal and potential utility. Currently configured for short-term rentals, this property has a proven track record of generating impressive rental income, averaging $7,000+ per month. This strong performance underscores its potential as a cash-flowing asset. Enjoy seamless access to interstate highways and a wealth of city amenities, including public transportation, dining, shopping, and entertainment, enhancing its desirability for tenants.
Given the exceptional nature of this investment, proof of funds is required before any showings can be scheduled. Additionally, please be aware that room availability may be limited due to the property's current short-term rental operation. This is a serious and potentially competitive opportunity that astute investors won't want to miss! Don't let this gem slip away! Contact us today to learn more and secure your showing.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RM1
Rooms
Basement Full
Interior
Interior Features Combination Dining/Living
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Flooring Ceramic Tile,Hardwood
Inclusions All appliances in as is condition
Equipment Dryer,Washer,Refrigerator,Oven/Range - Gas,Range Hood
Fireplace N
Window Features Double Hung
Appliance Dryer,Washer,Refrigerator,Oven/Range - Gas,Range Hood
Heat Source Natural Gas,Electric
Exterior
Exterior Feature Porch(es),Balcony
Water Access N
View Park/Greenbelt
Roof Type Flat
Accessibility 36\"+ wide Halls
Porch Porch(es),Balcony
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade,Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 062168300
Ownership Fee Simple
SqFt Source Estimated
Security Features Surveillance Sys
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard