8000 Algon Avenue Philadelphia, PA 19152

$479,900
6
Beds
4
Baths
0.28
Acres
3,280
SQFT
146
$/SQFT
$479,900
6
Beds
4
Baths
3,280   sf
$146 / sf
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active
1/15
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Calling All Investors! This is a cash only sale. Don’t miss this incredible opportunity in the highly desirable Rhawnhurst section of Northeast Philadelphia. This unique property is currently set up as a triplex (zoned RSA-3) and features 6 bedrooms, 4 bathrooms, and a detached garage, all situated on a generous 0.28-acre corner lot.The property offers tremendous upside potential. Possible subdivision opportunities may allow for the construction of two sets of twin homes and one single-family home. The seller has not initiated any zoning or subdivision process. Buyers are responsible for conducting their own due diligence with the City of Philadelphia L&I at their own expense. The seller did consult with an architect who prepared a very preliminary draft illustrating potential development possibilities.Alternatively, the existing home could be renovated and updated with today’s modern finishes to maximize value. Surrounded by new construction and positioned on a large corner parcel, this property presents a rare investment opportunity in a growing area.Property is being sold strictly as-is. The seller will make no repairs and will offer no credits or price reductions.Opportunities like this don’t come around often — schedule your showing today!

Calling All Investors! This is a cash only sale. Don’t miss this incredible opportunity in the highly desirable Rhawnhurst section of Northeast Philadelphia. This unique property is currently set up as a triplex (zoned RSA-3) and features 6 bedrooms, 4 bathrooms, and a detached garage, all situated on a generous 0.28-acre corner lot.The property offers tremendous upside potential. Possible subdivision opportunities may allow for the construction of two sets of twin homes and one single-family home. The seller has not initiated any zoning or subdivision process. Buyers are responsible for conducting their own due diligence with the City of Philadelphia L&I at their own expense. The seller did consult with an architect who prepared a very preliminary draft illustrating potential development possibilities.Alternatively, the existing home could be renovated and updated with today’s modern finishes to maximize value. Surrounded by new construction and positioned on a large corner parcel, this property presents a rare investment opportunity in a growing area.Property is being sold strictly as-is. The seller will make no repairs and will offer no credits or price reductions.Opportunities like this don’t come around often — schedule your showing today!

  • Neighborhood
  • Type
  • Total Baths
  • County
    Philadelphia
  • Area
    19152
  • Tax Amount
    $5,734
  • Status
    Active
  • Listing #
    PAPH2582664
  • Built
    1925
  • Lot Size
    0.28
  • Listed on site
    112 days
  • Listing Agent Id
    121136239470

Listed by:
Keller Williams Real Estate - Newtown

Source:
BRIGHT MLS

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School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • Has garage
  • Garage Detached
  • No Pool
  • Basement

Interior Features

  • Central Air Conditioning
  • Main Floor Bedroom

Style

  • Cape
  • Colonial

Financing

  • Cash
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