$249,900

209 S 60TH ST, Philadelphia, PA 19139

  • 2,700 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $93/sqft
  • Property List Date Icon Listed 1 day ago

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.

Listing Status:
Active
Listing Office:
BHHS Fox & Roach Wayne-Devon : 6106512700
Listing Agent:
Xiaohui Xie : 7325136855
MLS ID:
PAPH2546388
  • A/C: None
  • Heating: None
  • Disability Feature: None
  • General: Above Grade
  • Style: Traditional
  • General: MasonryBrick/MortarOther
  • Originating MLS: BRIGHT_MAIN
  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • County: PHILADELPHIA-PA
  • Zoning: CMX3871049500
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Xiaohui Xie, BHHS Fox & Roach Wayne-Devon

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Andrew Hamilton School

5640 Spruce St, Philadelphia, PA, 19139

Grades KG-8

0.37 miles away

A

Andrew Hamilton School

5640 Spruce St, Philadelphia, PA, 19139

Grades KG-8

0.37 miles away

W

William L. Sayre High School

5800 Walnut St, Philadelphia, PA, 19139

Grades 9-12

0.15 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.