Property
Beds
10
Full Baths
None
1/2 Baths
None
Year Built
1940
Sq.Footage
3,750
Seller financing available! Remodeling is currently underway, and the owner is looking to sell at any stage of the rehab. The current framing that has been completed enables various uses, from 5 apartments (zoning variance is required), to 4 apartments, triplex, duplex, down to extra-large single that can be used as an assisted living or group-housing of 12 bedrooms. Historically, this building was always multi-unit. The owner temporarily converted it to single-family to expedite permits, the new layout reflects its multi-unit potential. ARV $850k++ (income-based valuation) Property Overview: •     Size: 3,750 SF •     Zoning: RSA-5, previously multi-unit – strong case for grandfathering variance approval •     Current Status: Remodeling underway, available for sale at any rehab stage. •     Completed Work: Architectural plans, framing, new windows, rough plumbing, rough electrical, insulation (in progress). •     Remaining Work: HVAC, drywall, painting, flooring, kitchens, and bathrooms (Estimated Cost: $120K–$160K). Flexible Investment Options: •     5 Apartments (Variance Required): o     Units of 2BR/1BA, potential rents up to $1,500/month. o     Total projected rent: $7,300/month. •     Group Housing/Assisted Living (10-12 Bedrooms): o     Ideal for sober living, transitional housing, veteran programs, or assisted living. o     Projected rents: $7,000–$8,400/month.
Features & Amenities
Interior
-
Total Bedrooms
10
Area & Lot
-
Lot Size(acres)
0.05
-
Property Type
Residential Income
-
Architectural Style
AirLite
Exterior
-
Garage
No
-
Construction Materials
Brick Veneer, Brick, Stucco
-
Parking
Off Street
Financial
-
Sales Price
$279,900
-
Tax Amount
3838.0
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Devorah Selber , BHHS Fox & Roach-Haverford
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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