Investments Sales Management

Traditional

206 W ALLEGHENY AVENUE

PHILADELPHIA , PA 19133

MLS#: PAPH2529122

$225,000

Status: Active
Listing number: PAPH2529122
Listing provided by: Keller Williams Real Estate Tri-County
Listing agent phone: None
Last update: 2 months ago
On site: 2 months ago
Browse Properties
KENSINGTON - Residential

Property

Beds

4

Full Baths

3

1/2 Baths

None

Year Built

1920

Sq.Footage

1,504

This property offers a singular investment opportunity. It is currently being utilized as a rooming house on the second floor (featuring 3 good size bedrooms), and an apartment on the first floor. The property's RM-1 zoning designation signifies its location in a residential area specifically zoned for multi-family dwellings. The seller previously operated a barber shop on the first floor, a use that is still permissible and potentially lucrative. The first floor features seven barber chairs that can be rented out individually, providing a substantial source of cash flow. Additionally, there is another apartment situated at the rear of the first floor. While the building does not feature a kitchen, one can be easily installed. The basement boasts a separate entrance at the front of the building and has the potential to be transformed into an additional apartment. Utilities are separate, with the exception of water and gas. The prime location offers easy access to public transportation, shops, hospitals, and supermarkets. Buyers will be pleased with this exceptional opportunity. The property is currently leased to responsible, long-term tenants.

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    3

  • Above Grade Finished Area

    1504.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Window Unit(s), Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Baseboard

  • Main Level Bedrooms

    4

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Driveway

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.02

  • Property Type

    Residential

  • Property Sub Type

    Townhouse

  • Architectural Style

    Traditional

Price

  • Sales Price

    $225,000

  • Tax Amount

    1304.0

  • Sq. Footage

    1, 504

  • Price/SqFt

    $149

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Brick/Mortar

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    86

  • Water Source

    Public

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Listing Courtesy of Roberto J Morales , Keller Williams Real Estate Tri-County

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Agent TheresaKehler

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TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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This property offers a singular investment opportunity. It is currently being utilized as a rooming house on the second floor (featuring 3 good size bedrooms), and an apartment on the first floor. The property's RM-1 zoning designation signifies its location in a residential area specifically zoned for multi-family dwellings. The seller previously operated a barber shop on the first floor, a use that is still permissible and potentially lucrative. The first floor features seven barber chairs that can be rented out individually, providing a substantial source of cash flow. Additionally, there is another apartment situated at the rear of the first floor. While the building does not feature a kitchen, one can be easily installed. The basement boasts a separate entrance at the front of the building and has the potential to be transformed into an additional apartment. Utilities are separate, with the exception of water and gas. The prime location offers easy access to public transportation, shops, hospitals, and supermarkets. Buyers will be pleased with this exceptional opportunity. The property is currently leased to responsible, long-term tenants.

206 W ALLEGHENY AVENUE

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