This CMX3-zoned 2700sqft rowhome with an unfinished basement presents a lucrative investment opportunity, featuring a first-floor commercial unit with a pro forma rental rate of $2,000 per month, along with FOUR legally zoned one-bedroom residential units upstairs, each offering rental potential between $1,000+ per month. While structurally as verified by… Read More a structural engineer which the bone still in a good shape, but the property does REQUIRE a FULLY RENOVATION. Located in an OPPOTUNITY ZONE, it provides potential tax-deferred benefits and a higher 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 while seller travel internationally. Please do your own due diligent for the reno cost. Apts have different entrance with the commercial space. Read Less
Courtesy of Alina Xie, BHHS Fox & Roach Wayne-Devon [email protected]
Listing Snapshot
Days Online
11
Last Updated
Property Type
Townhouse
Square Ft.
2,700
Lot Size
0.03 Acres
Year Built
1915
MLS Number
PAPH2546388
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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