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-FamilySubdivision
Nicetown-tiogaCounty
PHILADELPHIAStyle
TraditionalAD ID
47925696
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Property Details
-
Interior Features
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
-
Exterior Features
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
-
Property / Lot Details
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
Listing Information
- Possession: Immediate
- Days Of Market: 8
-
Taxes / Assessments
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, Multi-Unit Information & Homeowners Association
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, Utilities & Location Details
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.