1611 W Erie Avenue

PHILADELPHIA, PA 19140

  • 0 Bed(s)
  • 0 Bath(s)
  • 1,728 Sqft
  • 1600
    Sqft(Lot)
$270,000

Description

This updated duplex property located in nicetown-tioga neighborhood offers a fantastic investment opportunity. the building features two modern, renovated units with updated finishes and hardwood floors throughout. unit 1, located on the first floor, includes 2 bedrooms, 1 bathroom, and is currently rented out for $850/month. the first floor also has access to a rear yard from the kitchen and a full basement for additional storage. unit 2, on the second floor, boasts 3 bedrooms and 1 bathroom and has a living room. this unit is currently occupied by the sellers and will be delivered vacant upon closing. the property has all-new water heaters and gas heaters, installed in october 2024, and the front yard is cemented with a charming white picket fence. all the utilities in the property are separated and the seller has a rental licenses for both units making this a legal duplex. this is an excellent opportunity for an owner occupant to live in one of the units while renting the other out to help offset the monthly mortgage payment. or this can be a good investment opportunity for for an investor looking to add a well maintained duplex to their renal portfolio. either way this is a must see for owner occupants and investors alike.

the property is being sold in as is condition.

the property qualifies for the cra program, offering a conventional loan with no mortgage insurance.

with a walk score of 83, transit score of 80, and bike score of 52, this location offers excellent accessibility. it's just a few minutes from the erie station on the bsl, with quick access to the nrg station and fern rock tc. nearby, you'll find a variety of restaurants and cafes, including soul delicious catering, church chicken, bravo pizza, starbucks, and coffee land. the property is situated in the tioga-nicetown neighborhood of philadelphia, close to parks such as marcus foster memorial stadium, hunting park, and fernhill park.

don’t let this opportunity pass—schedule your visit today!

  • Property Type

    Multi-Family
  • Subdivision

    Nicetown-tioga
  • County

    PHILADELPHIA
  • Style

    Traditional
  • AD ID

    47925696

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • Built-Ins,Bathroom - Soaking Tub,Bathroom - Tub Shower,Wood Floors
    • Exterior Property Features : Street Lights,Sidewalks
    • Basement Description: Full,Unfinished
    • Property Appliances: Built-In Microwave,Dishwasher,Oven/Range - Gas,Refrigerator

    Heating & Cooling

    • Cooling: Window Unit(s)
    • Heating: Radiator
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas
  • Building Information

    • Exterior Features: Street Lights,Sidewalks
    • Year Built: 1930
    • Structure: Twin/Semi-Detached
    • Major Appliances: Built-In Microwave,Dishwasher,Oven/Range - Gas,Refrigerator
    • New Construction: No
    • Total Units: 2
    • Built: 1930
    • Construction Material: Masonry
    • Security System: Window Grills
    • Foundation/Basement: Other
    • Architecture: Traditional
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas
  • Lot Information

    • Lot Size: 1,600
    • Dimensions: 20.00 x 80.00
    • Lot Size (Acres): 0.04
    • Architectural Style: Traditional
    • Stories Total: 2
    • Main Square Feet: 1,600

    Property Information

    • SQ ft: 1,728
    • SQ ft (Living Area): 1,728
    • Total Lot SQ ft: 1,600
    • View: Street
    • Subdivision: NICETOWN-TIOGA
    • Financing: Cash,Conventional,VA,FHA
    • Appx. Lot Dimensions: 20.00 x 80.00
    • Total Acreage: 0.04
    • New Construction: No
    • Type: Traditional
  • Listing Information

    • Possession: Immediate
    • Days Of Market: 8
  • Tax Information

    • Annual Tax: $1,104
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate

    Assessment Information

    • Taxes Assessment Amount: $78,900
  • Virtual Tour

    Parking Information

    • Parking Type: On Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional,VA,FHA

    Homeowners Association Information

    • Direction: To get to 1611 W Erie Ave, Philadelphia, PA 19140, head west on Roosevelt Blvd (U.S. 1) from the main road. Take the exit for Erie Ave and turn left onto W Erie Ave. Continue straight for about half a mile, and your destination will be on the left, near the intersection with 17th St.
  • School Information

    • School District: THE SCHOOL DISTRICT OF PHILADELPHIA

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas
    • Hot Water: Natural Gas

    Location Information

    • Location Type: Urban
    • Direction: To get to 1611 W Erie Ave, Philadelphia, PA 19140, head west on Roosevelt Blvd (U.S. 1) from the main road. Take the exit for Erie Ave and turn left onto W Erie Ave. Continue straight for about half a mile, and your destination will be on the left, near the intersection with 17th St.
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BuyOwner last updated this listing 12/22/2024 @ 06:52

  • MLS: PAPH2423830
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 1,728 sqft, 1,600 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of PHILADELPHIA , in zip code 19140, this PHILADELPHIA County Other , it is in the NICETOWN-TIOGA Subdivision, are nearby neighborhoods.