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Key Facts

Type Other
Levels Residential Income
Size 2850 sqft
Garage No
Maintenance Fees 
Taxes $1,114
Days Active 50
Approx. Age 1915
Avg. Price Per Sqft $82
MLS® Number PAPH2465818

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Prime Investment Opportunity in the growing neighborhood near Brewerytown/Strawberry Mansion. This 2-story corner property spans 2, 850 sq/ft and has zoning approval for 5 units, offering multiple income streams. Blueprints are in place for the configuration of the property which consists of (2) ground-floor commercial units and (3) residential apartments—(1) one-bedroom and (2) two-bedroom units. The building is in shell condition and will need a full rehab from top to bottom. Blueprints and zoning approval are readily available. The possibilities with this property are endless. It can be completed and held as a cash-flowing asset or a fix-and-flip opportunity, allowing for a profitable resale after renovations. An owner-user could live in one of the residential units while generating rental income from the others to cover the mortgage payment. Or even a business can purchase the property and have all the other units cover the mortgage to reduce overhead costs and increase profits. Located in the rapidly growing neighborhood near Brewerytown/Strawberry Mansion, this property offers strong appreciation potential and multiple exit strategies. Schedule a showing today to explore this excellent investment opportunity.Show Description
MLS® NumberPAPH2465818
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorSidewalks, Street Lights
GarageNo
Approx. Age1915
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatNone
A/CNone
Heating Fuel

Extras

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