Property
Beds
3
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
2,152
Attention Investors! Opportunity awaits in the highly desirable Mill Creek section of Philadelphia. This 3-story triplex is a full rehab project and ready for your vision. The property is currently a vacant shell requiring a complete renovation. There are no mechanical systems in place, no interior walls, and no finished flooring. Please note: the rear of the property and basement are not accessible. Located near schools, shopping, recreation, and major employment centers, this property offers strong potential for investors looking to add value in a growing area. Bring your contractor and imagination — this is a prime redevelopment opportunity! Buyer must use Seller's title company. Property is being sold "as is". Deposit of 5.0% of the purchase price is required. to be held by Seller's title company. Provide proof of funds with Letter of Intent.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
N/A
-
Above Grade Finished Area
2152.0
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
None
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.04
-
Lot Size(square feet)
1536.0
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Traditional
Price
-
Sales Price
$99,900
-
Tax Amount
$2,873
-
Sq. Footage
2, 152
-
Price/SqFt
$46
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Block
-
Sewer
Public Sewer
-
Tax Lot
26
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Thomas E. Skiffington , RE/MAX 440 - Perkasie
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
AGENT
Rosie Dove
Call Rosie today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Related Properties
![It is my distinguished honor to present to you Kensington Quarters, located in the Heart of Kensington, close to Fishtown, Norris Square, Olde Kensington, and other subsections of the Riverwards along the Delaware River. Situated at the intersecting sections between Kensington Ave, Lehigh Ave, & E. Allegheny Ave, this 2 unit duplex nestled in between public transportation infrastructure, medical institutions, new construction, and commercial mixed use corridors with a multitude of amenities. Both units are occupied and current on rent payments. The pro-forma and other financial analysis are available for review. The lease agreements are annual leases and we project rental income could be increased.
Unit 1 [1st Floor]: 1 Bed | 1 Bath: $800/month |
Unit 2 [2nd Floor]: 2 Bed/1 Bath: $800/month
CAPITALIZATION RATE: Kensington Quarters has a capitalization rate of 14.75% with current rental income of $1,600 per month.
PACKAGE DEAL: This property is to be SOLD separately or together in a package deal with the 2 properties:
(1) 531 E. Indiana Ave, 5 Unit Building listed for $335,000.
(2) 626 E. Allegheney AVe., 2 Unit Building listed for $169,000.
The portfolio includes 9 units in 3 buildings FOR SALE.
Together, there are 9 units in 3 buildings for sale. DEVELOPMENT: There are major development projects occurring nearby, including commercial mixed use corridor revitalization of Kensington Ave, which has commercial storefronts underneath the Blue Train line. There are also block developments of major projects that range from 15 unit development to 200 unit development nearby. Investors also acquire shells, factories, storage facilities, warehouses, and other industrial hubs that have laid vacant since the Industrial Revolution of Philadelphia and transform these buildings into multi-unit dwellings and apartment complexes. The combination of public transportation infrastructure meets commercial mixed use corridors allow for tenants to access amenities that makes this multi-unit building a highly desirable and easy to rent building. Projects such as the Hagert Block development, Kensington Courts, Allegheny Ave. commercial development, and other major projects will lead the way to a new Kensington.
QUALIFIED OPPORTUNITY ZONE: This property is located within a Qualified Opportunity Zone, allowing investor capital gains tax advantages, which will exacerbate development and investments in these areas. Additional features include: - Easy Parking - Close to trolley, bus stops, the thoroughfares, L Blue Train - Multicultural cuisine & food establishment - Close proximity to Fishtown, Norris Square, Olde Kensington, Port Richmond, and other subsections of the Riverwards. Invest in the City of Brotherly Love & Sisterly Affection, from monstrous skyscrapers, to the stadiums, to the Delaware River, & surrounding landscape of the great City of Philadelphia. The property is close to trolley and bus stops, and less than 10 minutes from the Philadelphia International Airport. and close to multi-modal public transportation, 1-95 highway, and highways to New Jersey and other parts of the Tri-State Counties. We thank you for your consideration and we look forward to doing business with you. We will ensure a professional and respectful transaction for all parties and we wish you luck in the search for your new home in the City of Brotherly Love & Sisterly Affection.](https://api.realhub365.com/storage/mlsgrid/1774/ad57232d152be6b86d8f07b9e5f3e6c8/1733610948.jpeg?d=880)
PHILADELPHIA
3154 REACH STREET
3 Beds
None Baths
1,064 Sq.Ft.
$119,000
MLS#: PAPH2464362
PHILADELPHIA
1717 HARRISON STREET
6 Beds
None Baths
1,880 Sq.Ft.
$99,999
MLS#: PAPH2586094
PHILADELPHIA
3819 N SYDENHAM STREET
3 Beds
None Baths
1,428 Sq.Ft.
$99,000
MLS#: PAPH2633772
PHILADELPHIA
4246 N 15TH STREET
3 Beds
None Baths
1,026 Sq.Ft.
$95,000
MLS#: PAPH2554300
PHILADELPHIA
2020 N BAMBREY STREET 24
None Beds
None Baths
1,649 Sq.Ft.
$115,000
MLS#: PAPH2618060
PHILADELPHIA
2526 W SILVER STREET
6 Beds
None Baths
840 Sq.Ft.
$112,500
MLS#: PAPH2637602
.png)