Historic Charm: Built in 1920, this classic brick rowhome offers a solid foundation and traditional Philadelphia architecture, brimming with character and ready for a modern transformation.
Spacious Interior: With over 1,000 square feet of living space, this home provides a functional layout with three bedrooms, offering ample room for a family or tenants.
Established Neighborhood: Located in the Cobbs Creek neighborhood, this home is situated in a vibrant community with convenient access to local amenities and public transportation.
Investor/Buyer Highlights
Significant Renovation Potential: This property is a prime opportunity for a "fix and flip" or "BRRRR" (Buy, Rehab, Rent, Refinance, Repeat) strategy. A completed renovation could substantially increase the property's value.
Strong Rental Demand: The 19143 zip code has consistent demand for rental properties. A renovated 3-bedroom, 1-bath home in this area can command monthly rents ranging from approximately $1,300 to $2,000+, providing a solid return on investment.
Comparable Townhouses:
1219 S Millick St, Philadelphia, PA 19143: 3 Beds, 2 Baths, 1,024 sqft on 984 sqft lot - Sold for 215K
5627 Montrose St, Philadelphia, PA 19143: 3 Beds, 2 Bath, 1,032 sqft on 879 sqft lot - Listed for 230K
5848 Montrose St, Philadelphia, PA 19143: 3 Beds, 2 Bath, 1,028 sqft on 953 sqft lot - Listed for 235K
Call to Action
Seize this chance to own a piece of Philadelphia history with endless potential!
Contact (984) 223-5321 for more details and to schedule your private tour!
Don't miss out on this fantastic investment or the opportunity to create your dream home!
DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
Additional details
Type
Townhouse
Parking
On street
Built in
1920
Lot size
984 acres
Price$106,777
ARV
$195,000
Gross margin
$88,223
Deals nearby
$27,500
(ARV -
$330,000)
5 Beds
2 Baths
1650 sq.ft
$70,000
(ARV -
$280,000)
3 Beds
1 Baths
1290 sq.ft
$70,000
(ARV -
$675,000)
11 Beds
8 Baths
3168 sq.ft
$55,000
(ARV -
$580,000)
9 Beds
4 Baths
3240 sq.ft
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