4059-61 Powelton Avenue

    Philadelphia, PA 19104
    • $1,225,000
    • STATUS: Active
    • ON SITE: 77 days
    • ID#: 7191532
    UPDATED: 147 min ago
    $1,225,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,763
      SQFT
    • $443
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2011
    County:

    School Ratings & Info

    School District:
    Listing courtesy of Long & Foster - Herling.

    Description

    INVESTOR/DEVELOPER ALERT!!! 2 parcels. Turn Key operation with a lot to build in the back in very hot area. Cash Flow, Location, and development opportunity, all in one package. *CashFlow: Fully rented. below market rent. Potential to increase rent significantly. **Location: Right across from 2.0 University place (US immigration building). The 3.0 University place schedule to build soon across the street. New buildings being built all around the area. ***Development: Zoning approved for 3 story building(separate from the main building) to build four(4) 2 bed 2 bath units. This property is great for developer wanting to increase the valve substantially by building additional units. Or for investor who wants to collect income while area continuously develop with option to build later.The listing agent has ownership stake.

    Monthly Payment Calculator



    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Remax Preferred | Scott Kompa Group participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-08-17T23:56:31.387.
    www.scottkompa.com/homes/84139022

    4059-61 Powelton Avenue Philadelphia, PA 19104

    • Price: $1,225,000
    • Status: Active
    • Updated: 147 min ago
    • ID#: 7191532
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    2,763
    SQFT
    $443
    $/SQFT
    2011
    Built
    Neighborhood:
    Powelton Village
    County:
    Philadelphia
    Area:
    19104 (19104)
    School District:
    Philadelphia
    Property Description
    INVESTOR/DEVELOPER ALERT!!! 2 parcels. Turn Key operation with a lot to build in the back in very hot area. Cash Flow, Location, and development opportunity, all in one package. *CashFlow: Fully rented. below market rent. Potential to increase rent significantly. **Location: Right across from 2.0 University place (US immigration building). The 3.0 University place schedule to build soon across the street. New buildings being built all around the area. ***Development: Zoning approved for 3 story building(separate from the main building) to build four(4) 2 bed 2 bath units. This property is great for developer wanting to increase the valve substantially by building additional units. Or for investor who wants to collect income while area continuously develop with option to build later.The listing agent has ownership stake.
    Exterior Features

    Design Apartment Building Exterior Stucco Garage No Garage Spaces No Garage Lot Dimensions 44X115 Parking Street Roof Flat Roof Water Front No

    Interior Features

    Basement Yes Basement Type FullUnfinished Central Air No Cooling Wall Unit Entrance CommonentrSecuredentrKeyedentr Handicap None Heating Electric Hot Water Electric Interior Features Security SystemSprinkler System Interior Square Feet Source Assessor Laundry Type Common Laundry Unit Eight Baths 1 Unit Eight Bedrooms 0 Unit Eight Partial Baths 0 Unit Five Baths 1 Unit Five Bedrooms 2 Unit Five Partial Baths 0 Unit Four Baths 1 Unit Four Bedrooms 0 Unit Four Partial Baths 0 Unit One Baths 1 Unit One Bedrooms 2 Unit One Partial Baths 0 Unit Seven Baths 1 Unit Seven Bedrooms 1 Unit Seven Partial Baths 0 Unit Six Baths 1 Unit Six Bedrooms 2 Unit Six Partial Baths 0 Unit Three Baths 1 Unit Three Bedrooms 1 Unit Three Partial Baths 0 Unit Two Baths 1 Unit Two Bedrooms 2 Unit Two Partial Baths 0

    Property Features

    Additional Income Sources Laundry Annual Gross Expense 4163.0 Annual Gross Income 94080.0 Cross Street Budd Street Land Use Code W50 Lot Number 180 New Construction No Property Condition Average+Prop Sewer Septic Public Sewer Tax Year 2018 Total Assessment 297400.0 Total Taxes 4163.0 Type Singlebldg Unit Eight Occupied Yes Unit Five Occupied Yes Unit Four Occupied Yes Unit One Occupied Yes Unit Seven Occupied Yes Unit Six Occupied Yes Unit Three Occupied Yes Unit Two Occupied Yes Water Public Zoning Code Rm1



    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Remax Preferred | Scott Kompa Group participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-08-17T23:56:31.387.
     
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    408 Swedesboro Rd
    Mullica Hill NJ, 08062
    Listing courtesy of Long & Foster - Herling.