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274-76 S 58TH ST Philadelphia, PA 19139
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 7,770 sqft
Price per Sqft $160
Subdivision Cobbs Creek
MLS Listing ID PAPH2458730
Style Other
Abv Grd Liv Area 7,770
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $6,964
Tax Year 2024
Lot Size 3,827 Sqft
Acres 0.09
Lot Dimensions 49.00 x 78.00
Property Sub-Type Twin/Semi-Detached
Property Description
This fully renovated 6-unit apartment building offers an exceptional investment opportunity in the thriving Cobbs Creek neighborhood. Built in 1925 and renovated in 2021, the property features six modern two-bedroom apartments, each designed with comfortable layouts and contemporary finishes that are sure to attract renters seeking stylish and functional living spaces. Adding laundry facilities, whether in-unit or coin-operated in the basement, provides a clear opportunity to further enhance tenant satisfaction and increase rental income. Additionally, the property is located just four blocks from SEPTA's Market-Frankford Line, offering convenient access to the rest of Philadelphia.
This property is situated in an area experiencing increased demand, with growing interest from renters seeking a vibrant community. Investors will benefit from the property's prime location near local shops, parks, and amenities, making it an appealing choice for tenants and ensuring long-term investment security. Furthermore, the property is an excellent candidate for PHA/Section 8 vouchers. Please complete your independent due diligence around this.
With its modern features, strong rental market, and long-term equity growth potential, this property is a valuable addition to any investor's portfolio. Don't miss the chance to capitalize on this opportunity in the heart of West Philly!
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning RM1
Interior
Hot Water Other
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Other
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881428320
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
