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$240,000

Beds
4
Baths
1.5
sq ft
1,248

1630 S 28th St, Philadelphia, PA 19145

1630 S 28th St

PHILADELPHIA, PA 19145

  • 55 days on market
    • Price drop $15,000↓
Calling all savvy investors and first time home buyers! Welcome to the beautiful Grays Ferry area. Here's your chance to own a recently remodeled property in the highly desirable 19145 area of South Philadelphia. Step into a home that offers a beautiful open floor plan, perfect for modern living and entertaining. Enjoy the added bonus of yard space, ideal for outdoor relaxation. While ready for move in, the property also offers tremendous potential for increased value and comfort. Adding cooling features such as central air would enhance the living experience, and the spacious basement with a half bath present a fantastic opportunity for an investor to finish and capitalize on the home's full cash flow potential. Located in a neighborhood known for high rental demand and soaring property values, this is a golden opportunity for a first time investor to step in and capitalize on one of the only four bedroom homes within a half mile radius. First time home buyers will also enjoy the neighborhood luxuries of local transportation, dining, and the opportunity to make this home theirs. The ARV is rapidly increasing in this area and the rents are up to $3,300/mo, making this a highly promising opportunity. Don’t miss out—schedule your showing today and capitalize on this growing South Philly market!

Details

Property type

Townhouse

Est. home value

$156,838

Lot size

918 sq ft

Price per sq ft

$193

Year built

1920

Annual property taxes

$2,114

HOA

No

Price History

11/11/2024
Bright

Bright #PAPH2403542

Price change
$240,000
-5.88%
10/30/2024
Bright

Bright #PAPH2403542

Price change
$255,000
-3.77%
09/28/2024
Bright

Bright #PAPH2403542

Listed
$265,000

Schools & Community

Neighborhood: 

Grays Ferry

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

THE SCHOOL DISTRICT OF PHILADELPHIA

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

Bucks County Bank

Loan start date

August 2007

Original loan amount

$45,200

Est. remaining balance

Not provided

Interest rate

6.73%

Loan type

Not Provided

Seller

Ivy Leaf Properties Llc

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: Active

Tomo last checked: 11/22/2024 at 6:30 AM

Listing updated: 11/11/2024 at 2:54 PM

Listed by: Cree McGee, Prime Realty Partners Phone #: (215) 770-9496

MLS: Bright #PAPH2403542

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