PA > Philadelphia
Philadelphia, PA 19139,209 S 60TH ST
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Philadelphia, PA 19139,209 S 60TH ST
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Tyreese Wells

Tyreese Wells

+1(267) 530-3068
Listed by Xiaohui Xie • BHHS Fox & Roach Wayne-Devon
$ 249,900
Est. payment /mo
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209 S 60TH ST Philadelphia, PA 19139

2,700 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $92

MLS Listing ID PAPH2546388

Style Traditional

Abv Grd Liv Area 2,700

Year Built 1915

Annual Tax Amount $998

Tax Year 2023

Lot Size 1,200 Sqft

Acres 0.03

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

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 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.

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning CMX3

Interior

Hot Water Natural Gas

Heating None

Cooling None

Inclusions SOLD AS-IS.

Fireplace N

Heat Source None

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Brick/Mortar, Other

Above Ground Finished SqFt 2700

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871049500

Ownership Fee Simple

SqFt Source 2700

Acceptable Financing Cash, FHA 203(k)

Listing Terms Cash, FHA 203(k)

Financing Cash,FHA 203(k)

Special Listing Condition Standard

Bright MLS (BMLS)
Tyreese Wells

Tyreese Wells

Agent

+1(267) 530-3068

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209 S 60TH ST