This property is located in an up-and-coming neighborhood in North Philadelphia conveniently located approximately one mile away from Temple University. Permits are needed for a complete rehab of this large home. An extensive cleanout is needed and joists need to be replaced throughout. There is a tree growing through the rear wall which needs to be removed and stabilized. The property has a 1,000-foot rear lot and is priced for the ideal flip or an attractive rental. The home is zoned RSA-5, was previously a triplex, and can be remodeled as a single-family residence with a finished basement or possibly converted to 4 units including the basement. The train station on the next block is being converted to a highspeed direct line to NYC which would prove beneficial for a buy and hold investor. ARV: $384K Est. Rehab: $150-$175K Asking: $90K Comps: https://www.redfin.com/PA/Philadelphia/1719-Arlington-St-19121/home/38848009 https://www.redfin.com/PA/Philadelphia/1813-N-Bouvier-St-19121/home/38851213 https://www.redfin.com/PA/Philadelphia/2124-N-17th-St-19121/home/38851205 Projected Rental Income: Average - $2,775/month Median - $3,000/month Please feel free to contact Justin at (267)796-8946 with additional questions or to schedule a viewing next time you're in the city.
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