What a great investment opportunity! This well located, spacious house just needs finishing cosmetics to start bringing in great rental income. This home was rehabbed from basement to roof by Project HOME 25 years ago, so is solid with all modern systems, including energy efficient heating and hot water, and all grounded wiring. Floors are ready for the finish of your choice over the exposed subfloor, so just install carpet, vinyl, wood or ceramic of your choosing, paint the interior of the house and update the kitchen and you’ll quickly be earning income.Downstairs this is an open living/dining room, a well laid out galley kitchen with additional work area, and back room perfect for a family room, home office or even being separated into a 4th bedroom. It would be easy to add a full or half bath on this floor as well. Upstairs are three good sized bedrooms, one with a walk in closet, and a spacious hall bath and separate linen closet. There is a deep, paved rear yard as well. This is a solid block with lots of long time homeowners who watch out for one another as well, so this would also be a great option for a homebuyer looking for great value with a bit of “sweat equity”. Note that a homeowner would be eligible for the City's Homestead Exemption, which for 2025 would effectively cancel the real estate tax bill, future year savings may be less than the full assessed value depending on future City assessments.
What a great investment opportunity! This well located, spacious house just needs finishing cosmetics to start bringing in great rental income. This home was rehabbed from basement to roof by Project HOME 25 years ago, so is solid with all modern systems, including energy efficient heating and hot water, and all grounded wiring. Floors are ready for the finish of your choice over the exposed subfloor, so just install carpet, vinyl, wood or ceramic of your choosing, paint the interior of the house and update the kitchen and you’ll quickly be earning income.Downstairs this is an open living/dining room, a well laid out galley kitchen with additional work area, and back room perfect for a family room, home office or even being separated into a 4th bedroom. It would be easy to add a full or half bath on this floor as well. Upstairs are three good sized bedrooms, one with a walk in closet, and a spacious hall bath and separate linen closet. There is a deep, paved rear yard as well. This is a solid block with lots of long time homeowners who watch out for one another as well, so this would also be a great option for a homebuyer looking for great value with a bit of “sweat equity”. Note that a homeowner would be eligible for the City's Homestead Exemption, which for 2025 would effectively cancel the real estate tax bill, future year savings may be less than the full assessed value depending on future City assessments.
Neighborhood
Type
Total Baths
County
Philadelphia
Area
19121
Tax Amount
$803
Status
Active
Listing #
PAPH2410432
Built
1915
Lot Size
0.03
Listed on site
11 days
Listing Agent Id
121136274328
Co Listing Agent Id
121136091483