Philadelphia, PA 19142,6332 ELMWOOD AVE
Philadelphia, PA 19142,6332 ELMWOOD AVE
Philadelphia, PA 19142,6332 ELMWOOD AVE
Philadelphia, PA 19142,6332 ELMWOOD AVE
Philadelphia, PA 19142,6332 ELMWOOD AVE
Philadelphia, PA 19142,6332 ELMWOOD AVE
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$210,000

$250,000

16.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3,396 SqFt


SOLD DATE : 03/25/2024

Key Details

Sold Price $210,000

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,396 sqft

Price per Sqft $61

Subdivision Elmwood Park

MLS Listing ID PAPH2256992

Sold Date 03/25/24

Style Traditional

Abv Grd Liv Area 3,396

Originating Board BRIGHT

Year Built 1920

Tax Year 2022

Lot Size 2,048 Sqft

Acres 0.05

Lot Dimensions 20.00 x 105.00

Property Description

Attention Investors and Landlords: Incredible Opportunity in Elmwood Park - 3-Story RM1 Zoned Building Awaits!

- Spacious 3000+ sq ft 3-story building ready for completion and leasing
- Perfectly situated near the bustling corner of Elmwood and 64th
- Legal zoning permits up to 5 units - maximize your rental potential!
- Ground level unit framed out, awaiting MEP's
- Upper 4 units with 2 beds and 1 bath each - just needs finishing touches
- Impressive dimensions of 20' x 102' offer ample space for tenants
- Elmwood Park, a coveted amenity, located just across the street
- Buyer responsible for due diligence and city requirements
- Don't let this lucrative investment opportunity slip away!

Welcome to Elmwood Park, where an incredible investment opportunity awaits you! This 3-story, RM1 zoned building offers over 3000 sq ft of potential rental space, perfect for investors and landlords seeking a profitable venture. Located at the highly desirable corner of Elmwood and 64th, this property enjoys legal zoning for up to 5 units, allowing you to capitalize on multiple income streams.

Currently, the ground level unit is framed out and awaits the installation of MEP's to make it tenant-ready. The upper 4 units, comprising comfortable 2-bedroom, 1-bathroom layouts, have already been drywalled and are eagerly awaiting the finishing touches to make them move-in ready.

Spanning an impressive 20' x 102', this building provides ample space for tenants to enjoy. And as an added bonus, Elmwood Park, a sought-after amenity, is conveniently located just across the street, providing a delightful recreational space for your tenants to enjoy.

Buyers are responsible for conducting their own due diligence and ensuring compliance with city requirements, including U&O and/or city certification. Don't miss out on this golden opportunity to invest in Elmwood Park. Act now and unlock the full potential of this remarkable property!

Location

State PA

County Philadelphia

Area 19142 (19142)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Other

Cooling Other

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 402235901

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition REO (Real Estate Owned)

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Bright MLS (BMLS)
Listed by Richard K Cassell • KW Empower
Bought with Steven T Hull • RE/MAX One Realty
Nina Bavosa

Agent | License ID: 2080701

+1(908) 510-9094 | nina@ninasellsnj.com

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