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$152,500

Beds
3
Baths
1.0
sq ft
1,232

448 E Mechanic St, Philadelphia, PA 19144

448 E Mechanic St

PHILADELPHIA, PA 19144

  • 188 days on market
    • Price drop $2,500↓
Don't miss out on this incredible investment opportunity in Philadelphia! This rental property has undergone a complete renovation, making it an excellent choice for investors. With its attractive rental potential and freshly updated interior, this property is ready for tenants to move in and be impressed. Inside, you'll find a modern kitchen with top-of-the-line appliances and plenty of storage space in the cabinets. The living room is cozy and inviting, and the bedrooms offer comfort and relaxation. The bathroom has been tastefully upgraded with new fixtures and stylish tiles. Situated in a convenient neighborhood, you'll have easy access to transportation, shops, and restaurants. Whether you're seeking a reliable income stream or a place to call home, this property is definitely worth your consideration. Take advantage of this fantastic opportunity now! Property will be vacant on 3/1/24. This property can be sold as a package with 448 E Mechanic St, 6418 N Norwood St, 1242 N Conestoga St, 5219 N 10th St, 6414 N Woodstock St, 1834 W Rockland St, and 815 E Tulpehocken St. See additional documents for more information.

Details

Property type

Townhouse

Est. home value

$175,523

Lot size

2,125 sq ft

Price per sq ft

$124

Year built

1900

Annual property taxes

$1,914

HOA

No

Price History

09/26/2024
Bright

Bright #PAPH2366910

Price change
$152,500
-1.61%
07/19/2024
Bright

Bright #PAPH2366910

Price change
$155,000
-3.13%
07/11/2024
Bright

Bright #PAPH2366910

Price change
$160,000
-3.03%

Schools & Community

Neighborhood: 

Germantown Morton

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

Civic Financial Services Llc

Loan start date

April 2022

Original loan amount

$374,400

Est. remaining balance

Not provided

Interest rate

3.89%

Loan type

Commercial, 30 year

Seller

2Jp Puck Llc

Lender

Philadelphia Fcu

Loan start date

April 2021

Original loan amount

$448,000

Est. remaining balance

Not provided

Interest rate

3.02%

Loan type

Credit Line (Revolving)

Seller

2Jp Puck 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: 12/22/2024 at 11:45 AM

Listing updated: 12/18/2024 at 1:49 PM

Listed by: Sam A Akif, KW Empower Phone #: (215) 627-3500

MLS: Bright #PAPH2366910

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