Unique investment opportunity in South Philadelphia featuring a multi-car garage and a second-floor apartment, both currently tenant-occupied, offering immediate rental income. The garage accommodates approximately four vehicles and provides strong income potential, with estimated rental income of $800-$1,000 per month (buyer to verify). The second-floor apartment was remodeled in 2019 and includes updated roof, HVAC and a water heater. Estimated rental income for the apartment is $1,200-$1,400 per month (buyer to verify). The unit offers a functional layout with ample storage and closet space, an eat-in kitchen with granite countertops and tile backsplash, newer appliances, gas range, hardwood floors throughout, central air conditioning, and recessed lighting. Tenant is responsible for all utilities except water and provides their own washer and dryer. Property presents an excellent opportunity for investors seeking a well-maintained, income-producing asset in a South Philadelphia location. All measurements, rental amounts, and property information are approximate and subject to buyer verification.
| MLS # | PAPH2581082 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1960 |
| Days On Site | 266 |
| Listing Provided By | Keller Williams Real Estate - Media | Angela Manzi |
| SQ Feet | 800 |
|---|---|
| Units | 1 |
| Zoning | RSA5 |
| Acreage | 0.02 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Slab |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 3359 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19148 |
| Area | 19148 (19148) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19148) | |
Price: $500,000 low | high Med: $299,900 sqft: 800 low | high Med: 1,374 $ / sqft: $625 low | high Med: $218 On site: 266 low | high Med: 30 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19148 |
| Area | 19148 (19148) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19148) | |
Price: $500,000 low | high Med: $299,900 sqft: 800 low | high Med: 1,374 $ / sqft: $625 low | high Med: $218 On site: 266 low | high Med: 30 | |