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Philadelphia, PA, 19145
Fantastic porch-front 3-bedroom, 1-bathroom townhouse in the Point Breeze neighborhood. Bonus, hidden feature unlocked! ... The seller just replaced the sewer line all the way from the street to the basement, including the curb trap. Currently tenant occupied month to month for $1150/mo it poses as an excellent investment opportunity for someone looking to build their portfolio. Large open first floor with a living/dining combo. Full kitchen with stacked laundry in the rear and egress to a small, enclosed yard (good size for tables, chairs, bbq, etc). Upstairs: 3 reasonably well-sized carpeted bedrooms and a full bath. The home's overall size is 1,020 sq. ft. plus there is an unfinished basement. Immediate rental income is possible (tenants would like to stay) but it could also be sold vacant subject to the existing lease. A savvy DYI investor could build sweat equity here by making strategic improvements over time, when the time is right. And, don't forget- that shiny new sewer line has a 10 year warranty. The location earns a walkscore of "Very Walkable" (81/100) and "Bicycle Friendly" (84/100) with North/South Septa bus lines only a block or so away. Point Breeze avenue and the surrounding neighborhood have been emerging as a growing market in recent years. This property is poised for continued appreciation making it a smart choice for investors looking to capitalize on rental demand and potential future value increases. Don't miss the chance to add this promising asset to your portfolio.
Listed by: Kevin M McGillicuddy, BHHS Fox & Roach-Center City Walnut
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