BEDS0
BATHS
SQUARE FEET1,600
MLS#PAPH2602832
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONPORT RICHMOND
SCHOOLPHILADELPHIA CITY
Property Description
Rare turnkey legally zoned duplex with value add potential. Unique side by side multi-family property situated on a large 31x54 lot offering significant long-term potential. Located on a prime block of rapidly developing Port Richmond. It is one block from public transportation and offers easy access to I-95. Port Richmond has quickly become a hot spot for new restaurants, cafes, and development. Each unit currently features around 800 sq ft of living space, and a 2 bedroom 1 bath layout. Both units include hardwood floors throughout, central air, and two outdoor spaces (a back yard area, and a large gated front patio). All utilities, including water, are separately metered and paid by the tenants. Plenty of possibilities. Keep the current tenants, and enjoy the current cash flow. Make value-adding improvements and bring the rents to the top of the Port Richmond market. House hack, live in one unit and rent the other to offset costs. Low operating costs and easy maintenance make this investment a can't-miss opportunity for any investor.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Heat Pump(s), Hot Water, Forced Air
Home Style: Side-by-Side
Lot Size: 0.04 Acres
Taxes: $4,199
Year Built: 1920
Feature Descriptions
Additional Structures: Above Grade
Exterior: Brick
Flooring: Hardwood, Solid Hardwood
Lot Dimensions: 0.04 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Total Garage/Parking Spaces: 0
Two Bedroom Units: 2
Units: 2
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: KW Empower
Agency Phone: 2156273500
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 1,303.95 per month $843.49 Principal & Interest $349.92 Property Tax $110.54 Homeowner's InsuranceChange Payment Information
2963-65 Cedar Street | MLS# PAPH2602832
This multi-family property located at 2963-65 Cedar Street , Philadelphia, PA 19134 is currently listed for sale with an asking price of $379,000. 2963-65 Cedar Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.realtymark.net today.