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$194,900

Beds
6
Baths
2.5
sq ft
2,519

4642 Greene St, Philadelphia, PA 19144

4642 Greene St

PHILADELPHIA, PA 19144

  • 112 days on market
    • Price drop $5,099↓
Back on the market due to buyer not being able to close. Appraised value of $200k in "as is" condition. Title is ready, new water meter being installed and seller is ready for a quick close. Discover a hidden gem in Philadelphia's vibrant Germantown neighborhood. This spacious 6-bedroom, 2.5-bathroom twin, nestled on a historic cobblestone block, offers an incredible opportunity for investors or those seeking a unique restoration project. Imagine transforming this property into a luxurious duplex or a stunning single-family home, complete with modern amenities and elegant finishes. Recent upgrades, including a new roof, electrical system, plumbing, and forced heat, provide a solid foundation for your vision. Located just steps from Wayne Junction's thriving scene, this property offers unparalleled convenience and potential. While it requires a full cosmetic renovation, estimated at $80,000-$100,000, the rewards are immense. With strong market demand and comparable properties selling for $400,000+, this investment offers significant equity potential. Don't miss this chance to own a piece of Philadelphia history and unlock its true potential.

Details

Property type

Duplex

Est. home value

$290,933

Lot size

2,413 sq ft

Price per sq ft

$78

Year built

1900

Annual property taxes

$2,754

HOA

No

Price History

01/08/2025
Bright

Bright #PAPH2404376

Listed
$194,900
12/13/2024
Bright

Bright #PAPH2404376

Pending
$194,900
11/08/2024
Bright

Bright #PAPH2404376

Price change
$194,900
-2.55%

Schools & Community

Neighborhood: 

Germantown Southwest

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

THE SCHOOL DISTRICT OF PHILADELPHIA

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$86,032
Asking price
$194,900
Closing costs (~8% of asking)
-$15,592
Est. remaining loan balance
-$93,276
Cash to seller
$86,032

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

July 2015

Original loan amount

$117,000

Est. remaining balance

$93,276

Interest rate

3.87%

Loan type

New Conventional, 30 year

Seller

Alex Nicholson and Tiffany Nicholson

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: 01/22/2025 at 7:50 AM

Listing updated: 01/08/2025 at 12:10 AM

Listed by: Jania Daniels, Real of Pennsylvania Phone #: (855) 450-0442

MLS: Bright #PAPH2404376

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