209 S 60TH ST, Philadelphia, PA 19139 - MLS#PAPH2414420

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Ashley Brosnahan

ashley@bethanybeach-homes.com +1(302) 841-4200

$ 199,000

Est. payment | -/mo

2,700 SqFt

Save

$ 199,000

Est. payment | -/mo

Save

2,700 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $73

MLS Listing ID PAPH2414420

Style Traditional

Abv Grd Liv Area 2,700

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $998

Tax Year 2023

Lot Size 1,200 Sqft

Acres 0.03

Property Description

MULTIPLE OFFERS RECEIVED. PLEASE Submit Your Highest and Best by Monday, December 16th, at 12:00 PM, along with Proof of Funds. This CMX3-zoned 2700sqft row home with an unfinished basement presents a lucrative investment opportunity, featuring a first-floor commercial unit with a pro forma rental rate of $1,500 to $2,000 per month, along with four legally zoned one-bedroom residential units upstairs, each offering rental potential between $900 and $1,000 per month. While structurally sound as verified by a structural engineer, the property does require a full renovation. Located in an Opportunity Zone, it provides potential tax-deferred benefits and a high ROI. The area is also seeing significant improvement initiatives led by HUD. This property will be available soon, and only cash or construction loans will be accepted. Showings are by appointment only, flash light is needed, please with additional time needed for seller response. Estimated cost for reno will be range 150k-185k.

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning CMX3

Interior

Hot Water Natural Gas

Heating None

Cooling None

Fireplace N

Heat Source None

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Brick/Mortar, Other

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871049500

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, FHA 203(k)

Listing Terms Cash, FHA 203(k)

Financing Cash,FHA 203(k)

Special Listing Condition Standard

Listed by Xiaohui Xie • BHHS Fox & Roach Wayne-Devon

Ashley Brosnahan

Team Lead | Delaware & Maryland Realtor | RS-RS-0020030

+1(302) 841-4200