256 S 11th Street, Philadelphia, PA 19107

$950,000
List Price
$950,000
Days On Market
12
Status
ACTIVE
MLS#
PAPH786744
Lot Size (Acres)
0.02
Year Built
1920
County
Philadelphia

Property Description

Incredible opportunity to purchase a blue chip investment multi-unit property in the heart of Jefferson Hospital Campus and Washington Square West! This mixed use property is zoned CMX1 and offers tremendous upside and value add through cosmetic updating and increasing the drastically low rents. The first floor is a commercial unit that was recently vacated and is waiting for you to update and bring in a fantastic new commercial tenant. The 2nd floor is a 1 bed/1 bath with hardwood flooring, all electric appliances, including washer/dryer in-unit. Unit 2 is rented at only $1250/mo with the current tenant leaving at the end of May. Unit 3 is a bi-level 1 bed/1.5 bath apartment with hardwood flooring, all electric appliances including washer and dryer. It is currently rented at only $1,050/mo and is on a month-to-month basis. This property is in the middle of it all! Don't miss out on the opportunity to update this property and increase both rents and value! All square footage numbers are approximate and should be verified by the buyer. It is the responsibility of the buyer to verify real estate taxes.

Additional Information

Area
19107 (19107)
Subdivision
Washington Sq West
Taxes
$7560
Heating
Forced Air
Heating Fuel
Electric
Cooling
Central A/C
Water
Public
Sewer
Private Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Philly.

board logo

© 2019 TReND. All Rights Reserved.
The data relating to real estate for sale on this website appears in part through the TReND Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Real Estate Company participates, and is provided by TReND through a licensing agreement. Real estate listings held by brokerage firms other than Real Estate Company are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
All information provided is deemed reliable but is not guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.