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$130,000

Beds
3
Baths
1.0
sq ft
1,020

1938 S Croskey St, Philadelphia, PA 19145

1938 S Croskey St

Philadelphia, PA 19145

  • 93 days on market
    • Price drop $8,000↓
Investment Opportunity in 19145 Zip Code! - Welcome to 1938 S Croskey Street – a prime property ready for a new landlord! This performing rental comes with longtime tenants who are participants in the PHA Housing Voucher program. With a solid track record of timely rental contributions, these tenants would like to continue renting under new ownership. Key Features: 1938 S Croskey Street is currently rented at $900 per month with potential for a rent increase reconsideration this fall. Tenants are PHA Housing Voucher program participants, ensuring consistent and reliable income. Strong rental history with reliable tenants who wish to stay. We have kept good compliance and maintained and improved the property annually to meet PHA standards. 3-bedroom Section 8 Vouchers in 19145 zipcode will rent for as much as $2,136/month. Investment Highlights: Cash-flow potential with a rent increase available this Fall per PHA guidelines. The sellers are the listing agents! Take advantage of this opportunity to enhance your cash-flowing portfolio! Don't miss out on the potential returns of this well-maintained property! Schedule a viewing for yourself today, take this chance to Invest in a property that combines reliability, compliance, and the potential for increased returns!

Details

Property type

Townhouse

Est. home value

$144,176

Lot size

765 sq ft

Price per sq ft

$128

Year built

1920

Annual property taxes

$1,780

Price History

04/17/2024
BrightMLS

BrightMLS #PAPH2327560

Price change
$130,000
-5.8%
04/17/2024
BrightMLS

BrightMLS #PAPH2327560

Price change
$138,000
-0.65%
03/01/2024
BrightMLS

BrightMLS #PAPH2327560

Listed
$138,900
+40.3%

Schools & Community

Neighborhood: 

West Passyunk

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PHILADELPHIA CITY

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

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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

Patrick Shanahan Etap

Loan start date

April 2021

Original loan amount

$70,000

Est. remaining balance

$0

Interest rate

2.73%

Loan type

New Conventional, 1 year

Seller

Jomich 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?

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Townhouse

1620 S Ringgold St, Philadelphia, PA 19145

Status: Active

Tomo last checked: 06/02/2024 at 7:00 PM

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

Listed by: Mark A Turner, Century 21 Advantage Gold-South Philadelphia Phone #: (215) 465-1400

MLS: BrightMLS #PAPH2327560

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