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2027 Watkins Street

PHILADELPHIA, PA 19145
  • $145,000
  • STATUS: Active
  • ON SITE: 27 Days
  • ID#: PAPH2154526
Price Reduced
UPDATED: 61 min ago
$145,000
  • 2
    BEDS
  • 0.01
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 910
    SQFT
  • $159
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
1923
County:

School Ratings & Info

Description

INVESTOR ALERT!!! If you are looking for your next renovation project, look no further. Nestled right between two booming Philadelphia submarkets (Point Breeze & Newbold). There are multiple ways for this to be a profitable project. You could keep it as a 2 story and aim for a $300k+ sales price. There are numerous comps to support a renovated listing price in the mid $300s. The current owners have a building permit pending with the city for a 3rd story addition and a rear extension. If this is the route you decide to go, there are many comps to support a $425k+ list price. Lastly, renovate, rent, and refinance. This submarket has seen steady appreciation over the years and holding it as a cash flowing rental could prove to be a lucrative investment. The property will be completely cleaned out prior to closing. More photos to come!

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Iron Valley Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-09-26T08:50:48.243.
www.amandakrallteam.com/homes/132559450
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2027 Watkins Street PHILADELPHIA, PA 19145

  • Price: $145,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 61 min ago
  • ID#: PAPH2154526
2
Beds
1
Baths
1
½ Baths
0.01
Acres
910
SQFT
$159
$/SQFT
1923
Built
Neighborhood:
Brewerytown
County:
Philadelphia
Area:
19145 (19145)
School District:
The School District Of Philadelphia
Property Description
INVESTOR ALERT!!! If you are looking for your next renovation project, look no further. Nestled right between two booming Philadelphia submarkets (Point Breeze & Newbold). There are multiple ways for this to be a profitable project. You could keep it as a 2 story and aim for a $300k+ sales price. There are numerous comps to support a renovated listing price in the mid $300s. The current owners have a building permit pending with the city for a 3rd story addition and a rear extension. If this is the route you decide to go, there are many comps to support a $425k+ list price. Lastly, renovate, rent, and refinance. This submarket has seen steady appreciation over the years and holding it as a cash flowing rental could prove to be a lucrative investment. The property will be completely cleaned out prior to closing. More photos to come!
Exterior Features

Architectural Style Straight Thru Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 910 Basement Other Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplaces Total 0 Heating Radiant Heating YN Yes Levels 2 Room List Living RoomDining RoomKitchen Upper Level1 Bedrooms 2

Property Features

Accessibility Features None Assessment Year 2022 Association YN No Central Air YN No Condo YN No Cooling Fuel Electric Foundation Details Permanent Heating Fuel Natural Gas Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N New Construction YN No Original MLSNumber 801845735318 Ownership Interest Fee Simple Possession Immediate Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 1178.00 Tax Assessment Amount 84200.00 Tax Lot 26 Vacation Rental YN No Water Source Public Zoning Rsa5

Listing courtesy of Elfant Wissahickon-Chestnut Hill: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Iron Valley Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-09-26T08:50:48.243.
 
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