Traditional

Can be bought as a package deal with 6051 Ogontz Ave. This is an amazing opportunity for a savvy investor to acquire a mixed-use investment property on a busy throughway in the heart of the West Oak Lane section of Philadelphia. 6053 Ogontz Avenue is a three story, 2244 sq ft building that houses a commercial unit at street level, which can command $950/mo with two 2bd 1ba apartments above. The apartments need to be updated to bring in $1476/mo per unit for section 8. The third floor unit is currently occupied. The second floor unit was occupied by the owners' daughter but is now vacant. There is water damage on the back wall of the main bedroom in the second floor unit (see photos). There was also a plumbing leak that has been fixed that caused damage to the ceiling in the bathroom (see photos). Utilities are separated, up-to-date electrical & plumbing. HVAC in good condition. TERMS: Cash or Hard Money only. Property comes in "AS-IS" condition. Buyer pays all closing costs, transfer tax and escrow fees. Open escrow with a $5,000 non-refundable earnest deposit with a cashier's check made out to our title company of choice. Buyer to verify all information as seller makes no claims or warranties expressed or implied. Buyer must perform due diligence and hold seller harmless. No SPDS. No CLUE. As-Is sale. NONE of the following info is deemed accurate and is for informational purposes only. Seller and its members or representatives make no guarantees concerning property condition, value, characteristics, or financial benefits.