Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1915
Sq.Footage
N/A
Welcome to this fantastic property located in an “opportunity zone”, with incredibly low taxes, on bustling Lancaster Ave, in the vibrant West Powelton neighborhood of West Philadelphia. This unique Quadplex offering consists of three residential units and one commercial space, presenting an incredible investment opportunity in a prime location. Every unit is currently rented except for the commercial space. The street level commercial space features a convenient half bath, offering versatility for a variety of business endeavors. Unit 1 is a spacious bilevel 1 bedroom/1 bath layout, boasting a private washer & dryer and access to a large back yard, perfect for outdoor relaxation and entertainment. Unit 2 offers a comfortable floorplan, a 1 bed/1 bath layout with its own laundry facilities. Unit 3 is a spacious & stylish 2 bedroom/2 bath residence, also complete with the convenience of an in-unit washer & dryer and access to a delightful roof deck, providing a serene retreat with panoramic views. The roof deck and large yard contribute to the desirability of this property, offering outdoor spaces for residents to enjoy. Conveniently situated in close proximity to Penn, Drexel, and St. Joe's Universities, this property presents an exceptional opportunity for rental income and future growth potential. Whether you're looking to expand your investment portfolio or establish a new venture, this property is a must-see for those seeking a prime location with endless possibilities. Ample storage unit space in the basement & separately metered. Don't miss out on the chance to own this remarkable property in the heart of West Philly with extremely low operating costs – schedule your showing today and seize this incredible investment opportunity! Tax abatement pending.
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
0.04
-
Property Type
Commercial Sale
Exterior
-
Garage
No
-
Parking
On Street
Financial
-
Sales Price
$725,000
-
Tax Amount
1506.0
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Laurie M Murphy , Compass Pennsylvania, LLC
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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