This property qualifies for CRA financing with 3% down, no PMI, and an interest rate lower than FHA. HWA home warranty will be included in the sale of the property.Exceptional investment opportunity in the Walnut Hill neighborhood! This fully renovated four-unit multifamily property, reconstructed in 2021, features four spacious residential units, each offering 2 bedrooms and 1 full bathroom. Ideal for owner-occupants looking to offset their mortgage with rental income or investors seeking a turnkey addition to their portfolio.Designed with modern style and low-maintenance living in mind, each unit showcases hardwood flooring, recessed lighting, granite countertops, white cabinetry, and a full suite of stainless steel appliances, including a refrigerator, range, microwave, and dishwasher. Every unit is individually metered and equipped with its own heater, hot water heater, central air conditioning, and in-unit laundry hookups, providing added convenience and privacy.The first-floor unit offers direct access to the enclosed rear yard, while secure building access is enhanced by a Bluetooth intercom system and electronic door entry. Major building systems, including plumbing, electrical, heating, and central air, were all newly installed during the 2021 reconstruction. A 10-year Tax Abatement has been applied for with the City of Philadelphia. Buyer is responsible for verifying zoning and intended use.Key Bank is offering a 5K credit for this property which can be tied in with the Philly First 10K grant. The 5K credit can be applied toward closing costs or to prepay mortgage, flood/hazard insurance, escrow deposit, real estate taxes, or per diem interest.Conveniently located near shopping, dining, public transportation, and nearby parks including Black Oak and Cedar Park, this is a rare opportunity to own a modern, income-producing property in a growing neighborhood.Schedule your showing today!
This property qualifies for CRA financing with 3% down, no PMI, and an interest rate lower than FHA. HWA home warranty will be included in the sale of the property.Exceptional investment opportunity in the Walnut Hill neighborhood! This fully renovated four-unit multifamily property, reconstructed in 2021, features four spacious residential units, each offering 2 bedrooms and 1 full bathroom. Ideal for owner-occupants looking to offset their mortgage with rental income or investors seeking a turnkey addition to their portfolio.Designed with modern style and low-maintenance living in mind, each unit showcases hardwood flooring, recessed lighting, granite countertops, white cabinetry, and a full suite of stainless steel appliances, including a refrigerator, range, microwave, and dishwasher. Every unit is individually metered and equipped with its own heater, hot water heater, central air conditioning, and in-unit laundry hookups, providing added convenience and privacy.The first-floor unit offers direct access to the enclosed rear yard, while secure building access is enhanced by a Bluetooth intercom system and electronic door entry. Major building systems, including plumbing, electrical, heating, and central air, were all newly installed during the 2021 reconstruction. A 10-year Tax Abatement has been applied for with the City of Philadelphia. Buyer is responsible for verifying zoning and intended use.Key Bank is offering a 5K credit for this property which can be tied in with the Philly First 10K grant. The 5K credit can be applied toward closing costs or to prepay mortgage, flood/hazard insurance, escrow deposit, real estate taxes, or per diem interest.Conveniently located near shopping, dining, public transportation, and nearby parks including Black Oak and Cedar Park, this is a rare opportunity to own a modern, income-producing property in a growing neighborhood.Schedule your showing today!
Neighborhood
Type
County
Philadelphia
Area
19139
Tax Amount
$10,218
Status
Upcoming
Listing #
PAPH2642830
Built
1925
Lot Size
0.03
Listed on site
5 days
Listing Agent Id
121135777914