tomo logo

$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

Bright #PAPH2394250

Price change
$199,000
-9.55%
09/08/2024
Bright

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

Bright logo

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