tomo logo

$95,000

Beds
3
Baths
1.0
sq ft
924

257 E Elkhart St, Philadelphia, PA 19134

257 E Elkhart St

PHILADELPHIA, PA 19134

  • 69 days on market
Calling all savvy investors! This 3-bedroom, 1-bathroom property is selling AS-IS and won't be on the market for long. Don’t miss out on this incredible investment opportunity! Located in a highly developing area, this property offers an annual rental income of $10,200 and huge future potential. Conveniently situated near shops and public transportation, within walking distance, and close to major highways and local shopping centers. The city’s historic downtown attractions are just minutes away. The home features a spacious living room, three large bedrooms, a dining room, a full basement and a kitchen access to a beautiful backyard. The property is currently rented below market price with reliable tenants who have been living there for years on a month-to-month lease, providing the future owner with flexibility. Tenants love the place, pay rent on time, and would like to stay in the future.

Details

Property type

Townhouse

Est. home value

$67,549

Lot size

609 sq ft

Price per sq ft

$103

Year built

1920

Annual property taxes

$744

HOA

No

Price History

07/15/2024
Bright

Bright #PAPH2376254

Listed
$95,000
-13.64%
05/23/2024
BrightMLS

BrightMLS #PAPH2316422

Removed
$110,000
01/27/2024
BrightMLS

BrightMLS #PAPH2316422

Listed
$110,000
+780%

Schools & Community

Neighborhood: 

Upper Kensington

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

Republic First Bank

Loan start date

September 2011

Original loan amount

$1,365,675

Est. remaining balance

Not provided

Interest rate

4.32%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Green Homes Real Estate Lp

Lender

Republic First Bank

Loan start date

April 2007

Original loan amount

$2,500,000

Est. remaining balance

Not provided

Interest rate

6.3%

Loan type

Not Provided

Seller

Green Homes Real Estate Lp

Lender

Republic First Bank

Loan start date

April 2007

Original loan amount

$2,500,000

Est. remaining balance

Not provided

Interest rate

6.3%

Loan type

Not Provided

Seller

Green Homes Real Estate Lp

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: 09/22/2024 at 2:20 AM

Listing updated: 08/25/2024 at 3:14 AM

Listed by: Xianghong Lin, Target Realty Phone #: (215) 218-0939

MLS: Bright #PAPH2376254

Bright logo

Recently listed in PHILADELPHIA