1945 West Erie Avenue Philadelphia, PA 19140

$199,000
0.04
Acres
3,150
SQFT
63
$/SQFT
$199,000
3,150   sf
$63 / sf
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active
1/23
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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!

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!

  • Neighborhood
  • Type
  • County
    Philadelphia
  • Area
    19140
  • Tax Amount
    $711
  • Status
    Active
  • Listing #
    PAPH2394250
  • Built
    1913
  • Lot Size
    0.04
  • Listed on site
    27 days
  • Listing Agent Id
    121136483928

Listed by:
KW Empower

Source:
BRIGHT MLS

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School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
  • Parking Off-Street
  • Basement

Style

  • Traditional

Property History

DateDays AgoEventNew Price
Sep 20, 202416 days agoPrice decreased21,000 (10%)$199,000
Sep 8, 202428 days agoNew on market$220,000
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