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Description
RENOVATION OPPORTUNITY! Make an appointment for this 6-unit building with a rare zoning variance: 4 stores and two, 2 bedroom apartments! This property is ready for rehab, some structural work has already commenced and blueprints are under way. Owners are busy with other projects and will let this go for the right price. Located in one of the hottest zip codes in the city. Development has occurred in the immediate area and is still in progress nearby. Regardless of the market, property values are still rising making this an excellent short & long-term investment. The numbers work today with a high-rate of return and especially long-term, making this a no-brainer. Demand is high for both new commercial and residential units. The immediate area is a commercial desert, ripe to take advantage of the unmet demand. Come take a look around at all new construction & rehabs in the immediate area. Not just homes but whole blocks of new apartment buildings half a block away and still building…Great value for a smart Investor! See attached construction documents
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Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 28th September, 2023 10:55 AM (UTC)
Listing Agent: Vasili G Barbounis
Listing Office: Keller Williams Philly
Attribution contact: 2156076007 | 2154391002
