245 S Hanson St, Philadelphia, PA 19139

Discover this prime investment opportunity in the bustling Walnut Hill neighborhood, featuring a five-unit building with two storefronts, two 1-bedroom 1-bath apartments, and one 3-bedroom 1-bath apartment. Each unit has its own entrance, offering an element of privacy that's hard to find. Situated near University City, this property is close to prestigious universities and a plethora of amenities, ensuring convenient living. Currently zoned as RM-1, it offers investors maximum potential for income generation and equity growth. The property has been well maintained but will need cosmetic repairs to get the units in rent-ready condition. This location is ideal for renting to students due to its proximity to University City, which helps decrease vacancy and keep the units rented. It’s also a great opportunity for someone looking to live in one unit and rent the others out to offset the mortgage and reduce living expenses. Alternatively, this property is perfect for West Philadelphia investors looking to add to their rental portfolio. Buyers are responsible for verifying zoning and use possibilities. A clear U&O will not be provided by the sellers. With a Walk Score of 90, daily errands can be easily completed without a car. A Transit Score of 77 suggests outstanding transit options, ensuring convenient transportation around the city. Furthermore, a Bike Score of 99 highlights excellent biking infrastructure in the area. Nearby dining options include J & P Seafood, Quick & Quality, and Pizza Plus West, among others. Educational facilities in the vicinity comprise The Workshop School, Lea C. Henry School, and Beulah Baptist Christian Day School. Convenient grocery options include Quick Stop Deli, Fili Kale, and The Herb Nook. The property is just nine minutes away from the MFL Frankford TC at the 46th St Station - MFL stop. Nearby parks include Chicken Park, Black Oak Park, and Cedar Park. Enjoy unparalleled convenience with easy access to transit, universities, dining, shopping, and entertainment options. Don’t miss out on this exceptional investment opportunity in a highly sought-after location. Schedule a viewing today to explore its potential for lucrative returns.