Good Opportunity in Philly - SFH

Philadelphia County, Philadelphia, PA, 19143
Sold
Listed at: January 13th, 2024
Price
$75,000
Sq. Footage
990
Type
Single-Family
Parking
Unassigned
Year build
1920
Lot size
0.02 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

Property Description:

Unlock an exciting investment opportunity in the thriving Kingsessing neighborhood of Philadelphia. This property, which includes a current tenant on a month-to-month lease paying $650, has the potential to increase rents to $1,500, showcasing excellent income potential. While the home requires a full renovation, the estimated After Repair Value (ARV) stands at an impressive $195,000, promising a lucrative return on investment. Kingsessing is a neighborhood known for its ongoing revitalization, positioning this property strategically for future growth. Whether you’re an experienced investor or just starting out, this property offers a prime opportunity to shape your success in this dynamic neighborhood.


Property Specification:

RSA5

Single Family

990 SQFT

900 Lot SQFT

3 bd | 1 bth

Year Built: 1920

Delivered Vacant

Price :$75,000

By clicking on the “Submit” button below and signing up for texts, you consent to receive marketing text messages from Freedom Property Investors at the number provided, including messages sent by autodialer. Consent is not a condition of purchase. Msg & data rates may apply. Unsubscribe at any time by replying STOP or clicking the unsubscribe link (where available).
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Darrell Bailey

No reviews

Disposition manager