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Buy a houseat 6332 ELMWOOD AVENUE, PHILADELPHIA, PA 19142

$250,000

$0/mo

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Multifamily

3,396 Sq. Ft.

2,178 Sq. Ft. lot

310 Days on market

PAPH2256992 MLS ID

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About 6332 ELMWOOD AVENUE house

Attention Investors and Landlords: Incredible Opportunity in Elmwood Park - 3-Story RM1 Zoned Building Awaits! - Spacious 3000+ sq ft 3-story building ready for completion and leasing - Perfectly situated near the bustling corner of Elmwood and 64th - Legal zoning permits up to 5 units - maximize your rental potential! - Ground level unit framed out, awaiting MEP's - Upper 4 units with 2 beds and 1 bath each - just needs finishing touches - Impressive dimensions of 20' x 102' offer ample space for tenants - Elmwood Park, a coveted amenity, located just across the street - Buyer responsible for due diligence and city requirements - Don't let this lucrative investment opportunity slip away! Welcome to Elmwood Park, where an incredible investment opportunity awaits you! This 3-story, RM1 zoned building offers over 3000 sq ft of potential rental space, perfect for investors and landlords seeking a profitable venture. Located at the highly desirable corner of Elmwood and 64th, this property enjoys legal zoning for up to 5 units, allowing you to capitalize on multiple income streams. Currently, the ground level unit is framed out and awaits the installation of MEP's to make it tenant-ready. The upper 4 units, comprising comfortable 2-bedroom, 1-bathroom layouts, have already been drywalled and are eagerly awaiting the finishing touches to make them move-in ready. Spanning an impressive 20' x 102', this building provides ample space for tenants to enjoy. And as an added bonus, Elmwood Park, a sought-after amenity, is conveniently located just across the street, providing a delightful recreational space for your tenants to enjoy. Buyers are responsible for conducting their own due diligence and ensuring compliance with city requirements, including U&O and/or city certification. Don't miss out on this golden opportunity to invest in Elmwood Park. Act now and unlock the full potential of this remarkable property!
Attention Investors and Landlords: Incredible Opportunity in Elmwood Park - 3-Story RM1 Zoned Building Awaits! - Spacious 3000+ sq ft 3-story building ready for completion and leasing - Perfectly situated near the bustling corner of Elmwood and 64th - Legal zoning permits up to 5 units - maximize your rental potential! - Ground level unit framed out, awaiting MEP's - Upper 4 units with 2 beds and 1 bath each - just needs finishing touches - Impressive dimensions of 20' x 102' offer ample space for tenants - Elmwood Park, a coveted amenity, located just across the street - Buyer responsible for due diligence and city requirements - Don't let this lucrative investment opportunity slip away! Welcome to Elmwood Park, where an incredible investment opportunity awaits you! This 3-story, RM1 zoned building offers over 3000 sq ft of potential rental space, perfect for investors and landlords seeking a profitable venture. Located at the highly desirable corner of Elmwood and 64th, this property enjoys legal zoning for up to 5 units, allowing you to capitalize on multiple income streams. Currently, the ground level unit is framed out and awaits the installation of MEP's to make it tenant-ready. The upper 4 units, comprising comfortable 2-bedroom, 1-bathroom layouts, have already been drywalled and are eagerly awaiting the finishing touches to make them move-in ready. Spanning an impressive 20' x 102', this building provides ample space for tenants to enjoy. And as an added bonus, Elmwood Park, a sought-after amenity, is conveniently located just across the street, providing a delightful recreational space for your tenants to enjoy. Buyers are responsible for conducting their own due diligence and ensuring compliance with city requirements, including U&O and/or city certification. Don't miss out on this golden opportunity to invest in Elmwood Park. Act now and unlock the full potential of this remarkable property!

Property details

House

3,396 sqft living area

Built in 1920

Structure Type: Twin/Semi-Detached

1 unit in building

Traditional

Masonry

Cooling

Electric

Foundation

Slab

Heating

Natural Gas

Listing

3 days on market

$74 per sqft

Location

Municipality: PHILADELPHIA

County: Philadelphia

MLS Area: 19142 (19142)

Subdivision: Elmwood Park

Lot

2,048 sqft

Lot Size Dimensions: 20.00 x 105.00

0.05 acres

Property

Other Structures: Above Grade,Below Grade

Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

1 three-bedroom unit

4 two-bedroom units

Schools

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Sewer

Public Sewer

Taxes

City/Town Tax Pymnt Freq: Annually

County Tax Pymnt Freq: Annually

Tax Year: 2022

Utilities

Hot Water: Natural Gas

Monthly cost

Estimated monthly cost

$1,764/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$235,000

+$7,500

$242,500

Seller agent commission$7,500 (3%)*

$0 (0%)

Buyer agent commission$7,500 (3%)*

$7,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $7,500 more selling your home
with an Unreal Estate agent

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State

  • Real Estate for Sale in Pennsylvania

Unreal Estate checked: May 17, 2024 at 12:08 p.m.

Data updated: Jul 14, 2023 at 10:04 a.m.

Courtesy of Richard K Cassell, Keller Williams Philly
This content last updated on 07/14/2023.
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available.
Listing Information © 2024 BrightMLS. All Rights Reserved.

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