LOCATION LOCATION LOCATION. This Investor/Contractor/Handyman Special is a diamond in the rough. Located in the heart of the Philadelphia Olney section sits a 3 Bedroom, 2 Full Bathroom home with great potential for a starter home or investment property. Close to SEPTA Station, Einstein Hospital, La Salle University, Central High School, Philadelphia HS for Girls, Charter Schools, Broad Street, shopping centers, and "R" Bus at the corner. The first floor has an enclosed porch, nice sized living room, dining room, full Eat in Kitchen, and pantry/storage area with exit to the rear concrete yard. Second floor has 3 nice sized bedrooms and one hall bathroom. Basement is full and partially finished with a full bathroom and separate laundry area. All of your major systems are in working order. This home has a newer roof with warranty and newer replacement windows. So, let's talk about the numbers. A Convention Loan (20% down at 5% interest rate) will have an average monthly payment of $340 per month, which includes Principal Interest Taxes Insurance. Average Rents in the area are at least $800 per month. If you decide to use this as a starter home, that's a good payment. If you decide to use this as an investment property, that's good cash flow. Property is priced to be sold as-is, so offers should be based on buyer making any repairs. Home inspections are fine, for information purposes only. Property is being sold As Is. Now take advantage of this opportunity and schedule a showing today!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
