$199,000
- Beds
- Unknown
- sq ft
- 3,150
1945 W Erie Ave, Philadelphia, PA 19140
1945 W Erie Ave
PHILADELPHIA, PA 19140
- 15 days on market
- Price drop $21,000↓
Attention seasoned investors! This 3200 square foot RM1 designated with approved zoning and plans located in the rapidly developing neighborhood of Nicetown is now available. For those who dont know, Nicetown boasts a ton of history and is also located near an abundance of local amenities, public transportation and major highways including but not limited to the Roosevelt Boulevard, Broad Street and 76. In addition, the building units floor plan approved plans feature large and fully functional units consisting of a 3 bedroom and 2 bathroom, 1 bed and 1 bath and two 2 bed and 2 bath units. Based on the market rates, said units could gross as much as $5,000 a month in rent and result in an ARV of 500k or more. Could it get any better though? It does! The demo, clean out, framing, and heavy lifting is already complete so what are you waiting for? Schedule your appointment and take advantage of the low inventory and decreasing interest rates while you can!
Details
Property type
Townhouse
Property condition
Fixer
Lot size
1,760 sq ft
Price per sq ft
$64
Year built
1913
Annual property taxes
$711
HOA
No
Price History
09/20/2024
Bright #PAPH2394250
Price change
$199,000
-9.55%
09/08/2024
Bright #PAPH2394250
Listed
$220,000
Schools & Community
Neighborhood:
Tioga
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
School district:
THE SCHOOL DISTRICT OF PHILADELPHIA
Status: Active
Tomo last checked: 09/23/2024 at 4:20 PM
Listing updated: 09/20/2024 at 8:56 AM
Listed by: Stephen M Kennedy, KW Empower Phone #: (215) 627-3500
MLS: Bright #PAPH2394250
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