Property
Beds
4
Full Baths
1
1/2 Baths
1
Year Built
1915
Sq.Footage
2,120
Presenting, 1601 S. 60th St in desirable Cobbs Creek, a rare 3 story home with an attached storefront area for commercial opportunity! An Investor's DREAM, this end unit row sprawling across close to 5k sq.ft. is ready to be converted to a multi-family property if desired. The possibilities are endless for those wanting to live close to their business, with potential uses such as a Veteran’s Home, Group Home, Salon, Daycare center, Office, Studio, or Florist, among others. While it is currently zoned as a RSA5, the conversion to a Multi Family or Mixed-Use property should be a simple process, as there is an existing Quad (1609 S. 60th St) on the other end of the same row as this property, which is most similar in size and structure of this home. This property is in need of some TLC and currently features four large sized bedrooms, one full bathroom, and a huge kitchen within the residence area. It also features a separate store/commercial area, a large deck that wraps around the property, a rear driveway, and a working outdoor chairlift/elevator for handicap accessibility. There are multiple new construction projects and rehabbed homes in close proximity, including just next door. There is only 1 similar ARV comp in this area, and it recently closed at around 420k!! There was also a smaller sized Triplex that recently closed at around 340k. Just minutes away from PHL International Airport, University City, Center City, and the new Cobbs Creek Golf Course - This is a ONCE-IN-A-BLUE-MOON deal! Whether you’re looking to rehab and flip this property, or keep it as a buy and hold, this should be added to your portfolio. This property is being sold in AS-IS condition and it will not last long. Sellers will make NO Repairs. Seller makes no warranty or guarantees. Buyer is responsible for clean-out and full transfer tax. The seller will not clean out the property. Appliances may be included in AS-IS condition. Proof of funds required for all cash offers. Come take a look while this property is still available!
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
1
-
1/2 Bathrooms
1
-
Above Grade Finished Area
2120.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Natural Gas, Radiant
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street, Driveway
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.11
-
Property Type
Residential
-
Property Sub Type
Townhouse
-
Architectural Style
Other
Price
-
Sales Price
$185,000
-
Tax Amount
$2,672
-
Sq. Footage
2, 120
-
Price/SqFt
$87
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Accessibility Features
Stair Lift
-
Foundation Details
Slab
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
40
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Selena Brown , HomeSmart Realty Advisors
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Owner, Chief Executive Officer, Portfolio Advisor
Todd Polinchock
Call Todd today to schedule a private showing.
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