Situated in Mill Creek area in West Philadelphia, this Triplex is an excellent opportunity to renovate into three residential apartments consisting of 2 bedrooms & 1 full bathroom. The building is approximately 2,400 SQFT plus additional SQFT in the unfinished basement. RM-1 Zoning. Occupy one unit and allow the other 3 units to pay for your mortgage or excellent property to add to your rental portfolio. Although in need of renovation, this triplex has plenty of upside potential. Each unit has a spacious layout, offering plenty of living space for potential renters or future occupants. The building features separate entrances for each unit, providing privacy and convenience. The triplex home's interior will require a complete renovation to bring it up to modern standards. However, with the right vision and investment, this property has the potential to become a lucrative investment opportunity. The triplex is located in a desirable area with excellent access to public transportation, shopping, and entertainment options. This location is perfect for potential renters or future occupants seeking easy access to all the city has to offer. This triplex is being sold in as-is condition. Seller may or may not remove current contents. This is an excellent opportunity for those with the skills and expertise to transform this property into a profitable investment or a beautiful home. Don't miss out on this chance to make this triplex your own! Property qualifies for CRA with 3% down on conventional loan and no mortgage insurance. Buyer needs to do their own due diligence to verify the zoning. Easy access to Haverford Ave. This property is an eight minute walk from the MFL Frankford TC to 69th St TC at the 52nd St Station - MFL stop, and in close proximity to University City. Walk score: 76, transit score: 72, and Bike score: 80.
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 3rd December, 2023 8:40 AM (UTC)
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