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$189,168Estimated home value

Beds
7
Baths
2.0
sq ft
2,000

1216 W Rockland St, Philadelphia, PA 19141

1216 W Rockland St

Philadelphia, PA 19141

  • Off market
    • Price drop $25,000↓
Investment Opportunity in Thriving Upper Northern Philadelphia Unlock the potential of this remarkable investment property nestled in the heart of an upcoming neighborhood in Upper Northern Philadelphia. With the opportunity of turning the home into a multi-family, this home boasts 7 bedrooms and 2.5 baths and offers an exceptional opportunity for savvy investors seeking a lucrative addition to their portfolio. Key Features: 7 Bedrooms, 2.5 Baths: Generously spaced rooms offer flexibility and functionality, catering to a variety of living arrangements. Spacious Interiors: Ample living space for comfortable living and entertaining, providing a canvas for personalized touches. Great Backyard: Embrace outdoor living with a sizable backyard, perfect for relaxation and gatherings. Rental Potential: Ideal for investors seeking rental income, strategically positioned near transportation hubs and a thriving college campus. Strategic Location: Convenience meets opportunity! Situated just moments away from transportation centers and a bustling college campus, this property presents an enticing proposition for potential tenants. The burgeoning neighborhood offers promise for exponential growth and value appreciation. Investment Potential: With the evolving landscape of Upper Northern Philadelphia, seize the chance to capitalize on this investment gem. Whether you're expanding your portfolio or diving into the lucrative world of real estate, this property promises a rewarding return on investment. Don't Miss Out: Rarely does an opportunity like this arise—a versatile property primed for both immediate occupancy and investment potential. Act now to secure your foothold in this thriving community and unlock the possibilities this home holds. Schedule your private viewing today and step into the future of real estate investment in Upper Northern Philadelphia.

Details

Property type

Single Family Residence

Est. home value

$189,168

Lot size

3,230 sq ft

Price per sq ft

$125

Year built

1940

Annual property taxes

$2,292

Price History

05/22/2024
BrightMLS

BrightMLS #PAPH2297492

Removed
$250,000
04/28/2024
BrightMLS

BrightMLS #PAPH2297492

Price change
$250,000
-9.09%
03/19/2024
BrightMLS

BrightMLS #PAPH2297492

Price change
$275,000
-3.51%

Schools & Community

Neighborhood: 

Logan

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

THE SCHOOL DISTRICT OF PHILADELPHIA

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

Response time: 20 min or less

or text or call (404) 738-5385

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Citizens Bank Of Pennsylvania

Loan start date

December 2017

Original loan amount

$86,300

Est. remaining balance

Not provided

Interest rate

3.23%

Loan type

Credit Line (Revolving), 25 year

Seller

Vinnie Nol Son and Vinnie Son

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 06/02/2024 at 5:00 PM

Listing updated: 05/18/2024 at 12:34 PM

Listed by: Emily Tran Son, EXP Realty, LLC Phone #: (888) 397-7352

MLS: BrightMLS #PAPH2297492

BrightMLS logo

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