Attention seasoned investors! This 3200 square foot RM1 designated with approved zoning and plans located in the rapidly developing neighborhood of Nicetown is now available. For those who dont know, Nicetown boasts a ton of history and is also located near an abundance of local amenities, public transportation and major highways including but not limited to the Roosevelt Boulevard, Broad Street and 76. In addition, the building units floor plan approved plans feature large and fully functional units consisting of a 3 bedroom and 2 bathroom, 1 bed and 1 bath and two 2 bed and 2 bath units. Based on the market rates, said units could gross as much as $5,000 a month in rent and result in an ARV of 500k or more. Could it get any better though? It does! The demo, clean out, framing, and heavy lifting is already complete so what are you waiting for? Schedule your appointment and take advantage of the low inventory and decreasing interest rates while you can!
Listed by:
KW Empower
Source:
BRIGHT MLS
Date | Days Ago | Event | New Price |
---|---|---|---|
Sep 20, 2024 | 16 days ago | Price decreased21,000 (10%) | $199,000 |
Sep 8, 2024 | 28 days ago | New on market | $220,000 |