209 S 60th St is located in an Opportunity Zone with potential eligibility for Philadelphia’s 10-year tax abatement due to full gut renovation. Ideal for investors or contractors to create a high-performing multifamily asset. With recent citywide property tax reassessments impacting operating costs, the potential tax abatement offers added cost stability. Projected rental potential of approximately $6,000/month ($72,000 annually), based on market comparables. Strong one-bedroom rental demand driven by the city’s ongoing shortage of affordable and workforce housing. Value-add potential and reduced tax exposure position this property for attractive long-term returns.
Listed By
Agency Name: BHHS Fox & Roach Wayne-Devon
Agency Phone: 6106512700
Shown By
Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655
Estimated Payment
$ 1,075.34 per month $935.30 Principal & Interest $83.17 Property Tax $56.88 Homeowner's Insurance
209 S 60th Street | MLS# PAPH2587076
This multi-family property located at 209 S 60th Street, Philadelphia, PA 19139 is currently listed for sale with an asking price of $195,000. S 60th Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.duffyrealestate.com today.