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274-76 S 58th St,PHILADELPHIA, PA 19139
PHILADELPHIA, PA 19139
Description
Welcome to 274-276 St in bustling Cobbs Creek! 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!
Details
| MLS# | PAPH2458730 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1925 |
| Days On Site | 39 |
| Listing Provided By | Keller Williams Main Line | nabila baba alaoui-jackson |
Features
| SQ Feet | 7,770 |
|---|---|
| Units | 4 |
| Zoning | RM1 |
| Acreage | 0.09 |
| Water Front | Yes |
Market Activity 19139
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19139 |
| Area | 19139 (19139) |
| Community Name | COBBS CREEK |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in COBBS CREEK) | |
Price: $1,250,000 low | high Med: $195,000 SqFt: 7,770 low | high Med: 1,760 $ / SqFt: $161 low | high Med: $111 On site: 39 low | high Med: 240.000000 | |