Your Key to the Main Line, Philadelphia, and its Surrounding Suburbs
BEDS2
BATHS1 full
SQUARE FEET812
MLS#PAPH2618914
STATUSACTIVE
PROPERTY TYPEResidential - Single Family
SUBDIVISIONSTRAWBERRY MANSION
SCHOOLPHILADELPHIA CITY
Property Description
Decent cash-flow opportunity from this 2BR Strawberry Mansion property. Investment opportunity for those looking to build equity. Currently tenant-occupied at $850/mo with a solid payment history. Tenants are settled and would prefer to stay but there is flexibility lease is currently month-to-month. Overall the property could would benefit from some sweat equity and cosmetic updates, the "bones" have seen recent attention, including a newer water heater, forced air heat, some window replacements and an updated electric panel. At this price point, the CAP rate is hard to ignore. Keep the steady cash flow as-is, or renovate over time to maximize market rents and forced appreciation. Ample notice required for all showings.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Unfinished
Cooling: None
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Straight Thru, Traditional
Lot Size: 0.00 Acre(S)
Roof Type: Flat
Stories: 2.0
Taxes: $1,080
Year Built: 1900
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 3
Exterior: Masonry
Location: Urban
Lot Dimensions: 0.00 Acre(S)
Municipality: PHILADELPHIA
Number of Rooms: 5
Pet Restrictions: No Pet Restrictions
Rooms: Living Room, Kitchen
Sewer: Public Sewer
SQFT Above Finished: 812
SQFT Total Finished: 812
Structure Type: Twin/Semi-Detached
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
$ 420.22 per month $311.29 Principal & Interest $90.00 Property Tax $18.93 Homeowner's Insurance
2942 French Street | MLS# PAPH2618914
This single family home located at 2942 French Street, Philadelphia, PA 19121 is currently listed for sale with an asking price of $64,900. This property was built in 1900 and has 2 bedrooms and 1 full baths with 812 sq. ft. French Street is located in the STRAWBERRY MANSION subdivision within the PHILADELPHIA CITY school district. Search STRAWBERRY MANSION real estate on www.duffyrealestate.com today.