MULTIPLE OFFERS RECEIVED. PLEASE Submit Your Highest and Best by Monday, December 16th, at 12:00 PM, along with Proof of Funds. This CMX3-zoned 2700sqft row home with an unfinished basement presents a lucrative investment opportunity, featuring a first-floor commercial unit with a pro forma rental rate of $1,500 to $2,000… Read More per month, along with four legally zoned one-bedroom residential units upstairs, each offering rental potential between $900 and $1,000 per month. While structurally sound as verified by a structural engineer, the property does require a full renovation. Located in an Opportunity Zone, it provides potential tax-deferred benefits and a high ROI. The area is also seeing significant improvement initiatives led by HUD. This property will be available soon, and only cash or construction loans will be accepted. Showings are by appointment only, flash light is needed, please with additional time needed for seller response. Estimated cost for reno will be range 150k-185k. Read Less
Courtesy of Alina Xie, BHHS Fox & Roach Wayne-Devon [email protected]
Listing Snapshot
Days Online
54
Last Updated
Property Type
Townhouse
Square Ft.
2,700
Lot Size
0.03 Acres
Year Built
1915
MLS Number
PAPH2414420
Additional Details
Building
2,700 sqft living area, Built in 1915, Structure Type: Interior Row/Townhouse, 4 units in building, Traditional, Masonry
Cooling
None, None
Foundation
Brick/Mortar
Heating
None, None
Lot
1,200 sqft, 0.03 acres
Property
Other Structures: Above Grade, Other Units: Unit 1, Unit 2, Unit 4, Unit 3, 4 one-bedroom units
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