32 S 62nd Street

PHILADELPHIA, PA 19139

  • 0 Bed(s)
  • 0 Bath(s)
  • 2,044 Sqft
  • 1848
    Sqft(Lot)
$170,000

Description

Investor alert! this duplex presents a fantastic investment opportunity for the savvy investor with significant potential. it features two separate units: a 2-bedroom, 1.5-bathroom unit and a 3-bedroom, 2-bathroom unit. additional amenities include one garage space, an unfinished basement, and separate utility meters for each unit. the property is zoned rm-1, legally designated as multi-family, offering excellent flexibility for rental income. while it requires a full rehab, the upside is substantial, especially with gentrification actively transforming the surrounding area. once renovated, the property is poised for strong cash flow, and a proforma is included to outline projected income and returns. don’t miss this chance to capitalize on a high-potential location!

  • Property Type

    Multi-Family

  • Subdivision

    Cobbs Creek

  • County

    PHILADELPHIA

  • Style

    Other

  • AD ID

    48197474

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • Basement Description: Unfinished

    Heating & Cooling

    • Cooling: None
    • Heating: Radiator
    • Cooling Fuel: None
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1925
    • Structure: Interior Row/Townhouse
    • New Construction: No
    • Total Units: 2
    • Built: 1925
    • Construction Material: Masonry
    • Foundation/Basement: Brick/Mortar
    • Architecture: Other
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 1,848
    • Dimensions: 16.00 x 116.00
    • Lot Size (Acres): 0.04
    • Architectural Style: Other
    • Stories Total: 3
    • Main Square Feet: 1,848

    Property Information

    • SQ ft: 2,044
    • SQ ft (Living Area): 2,044
    • Total Lot SQ ft: 1,848
    • Subdivision: COBBS CREEK
    • Appx. Lot Dimensions: 16.00 x 116.00
    • Total Acreage: 0.04
    • New Construction: No
    • Type: Other

  • Listing Information

    • Possession: Settlement
    • Days Of Market: 27

  • Tax Information

    • Annual Tax: $1,521
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Settlement

    Assessment Information

    • Taxes Assessment Amount: $108,700

  • Parking Information

    • Parking Type: None

    Homeowners Association Information

    • Direction: Corner of S 62nd & Ludlow

  • School Information

    • School District: PHILADELPHIA CITY

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: None
    • Heating Fuel: Natural Gas
    • Hot Water: Natural Gas

    Location Information

    • Direction: Corner of S 62nd & Ludlow
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BuyOwner last updated this listing 01/15/2025 @ 11:57

  • MLS: PAPH2425084
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is recently sold, it has 2,044 sqft, 1,848 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 19139, this PHILADELPHIA County Other , it is in the COBBS CREEK Subdivision, are nearby neighborhoods.