Your Key to the Main Line, Philadelphia, and its Surrounding Suburbs
BEDS5
BATHS2 full
SQUARE FEET1,958
MLS#PAPH2622048
STATUSACTIVE
PROPERTY TYPEResidential - Townhouse
SUBDIVISIONNICETOWN-TIOGA
SCHOOLPHILADELPHIA CITY
Property Description
1948 Rowan St presents a prime value-add opportunity in Philadelphia for investors, developers, or savvy end users seeking a multifamily redevelopment project. The property is a legal shell currently zoned RM-1 multifamily, offering potential for future residential redevelopment in an area experiencing continued investment and neighborhood growth. The property is being sold in as-is condition and will require a full renovation, making it well-suited for buyers looking to create long-term value through redevelopment or repositioning. Conveniently located near public transportation, major roadways, shopping, and neighborhood amenities, the property benefits from strong accessibility and increasing demand throughout the surrounding area. Buyer is solely responsible for conducting their own due diligence regarding zoning, permitted uses, licensing, occupancy requirements, and redevelopment potential. Buyers are strongly advised to consult with their attorney, architect, and licensed professionals to independently verify all zoning and development information prior to purchase.
Property Features
Property Type: Residential - Townhouse
Cooling: None
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Traditional
Lot Size: 0.03 Acres
Stories: 2.0
Taxes: $2,082
Year Built: 1930
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 18
Exterior: Masonry
Lot Dimensions: 0.03 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
SQFT Above Finished: 1958
SQFT Total Finished: 1958
Structure Type: Interior Row/Townhouse
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: BHHS Fox & Roach-Center City Walnut
Agency Phone: 2156276005
Shown By
Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655
Estimate Your Payment
Estimated Payment
$ 656.87 per month $455.66 Principal & Interest $173.50 Property Tax $27.71 Homeowner's Insurance
1948 Rowan Street | MLS# PAPH2622048
This townhouse located at 1948 Rowan Street, Philadelphia, PA 19140 is currently listed for sale with an asking price of $95,000. This property was built in 1930 and has 5 bedrooms and 2 full baths with 1958 sq. ft. Rowan Street is located in the NICETOWN-TIOGA subdivision within the PHILADELPHIA CITY school district. Search NICETOWN-TIOGA real estate on www.duffyrealestate.com today.