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Jack Maksymiuk

realtorjackm@gmail.com +1(240) 997-7284

Listed by Michelle Phillips • Luxe Real Estate LLC

$ 199,900

Est. payment | -/mo

2,635 SqFt

Save

$ 199,900

Est. payment | -/mo

Save

2,635 SqFt

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,635 sqft

Price per Sqft $75

Subdivision Philadelphia (Southwest)

MLS Listing ID PAPH2673750

Style Other

Abv Grd Liv Area 2,635

Year Built 1920

Annual Tax Amount $3,733

Tax Year 2026

Lot Size 2,760 Sqft

Acres 0.06

Lot Dimensions 23X120

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Investor Opportunity with Significant Value-Add Potential! This property presents a unique opportunity for an experienced investor looking to reposition and maximize a multi-family asset. Currently configured as 5 units, the property previously generated approximately $3,600 per month when fully occupied, with potential for increased rental income through improvements and optimization. The property was previously a legal triplex and formerly carried RM-1 zoning; however, it is currently zoned RSA-3 (single-family). The seller has already initiated the zoning process and was advised that pursuing approval for 4 units may be the most straightforward path. Buyer will be responsible for completing the zoning process and independently verifying permitted use. The surrounding block includes numerous multifamily properties, providing additional context for the property's potential. For investors considering the upside, legal triplex properties have sold in the area for approximately $270,000, offering a useful reference point when evaluating the potential value and equity opportunity associated with successfully restoring a legal multifamily use. The property currently has one paying tenant at $800/month. Each unit has a separate water heater, while the building currently operates from one shared house heating system. An investor may consider converting to individual mini-split systems, electric baseboard heat, or another separately controlled system as part of the property's renovation and repositioning. This is an opportunity for an investor who understands the zoning and value-add process to acquire a property with an existing five-unit configuration, prior legal multi-family history, established rental-income potential, and multiple avenues for repositioning. Property is being sold in its current condition. Buyer is responsible for all zoning, use, licensing, and due-diligence verification.

Location

State PA

County Philadelphia

Area 19142 (19142)

Zoning RSA3

Rooms

Basement Full, Unfinished

Interior

Hot Water Natural Gas

Heating Radiator

Cooling None

Heat Source Natural Gas

Laundry None

Exterior

Water Access N

Roof Type Flat

Accessibility None

Garage N

Private Pool No

Building

Foundation Other

Above Ground Finished SqFt 2635

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 403284200

Ownership Fee Simple

SqFt Source 2635

Acceptable Financing Cash, Private

Listing Terms Cash, Private

Financing Cash,Private

Special Listing Condition Standard

Nearby Locations

6813 WOODLAND AVE Philadelphia, PA 19142