About 50 S 60th St
Back on the market after multiply offers were received in the 1st week. Don't miss your opportunity the 2nd time around, now is your chance. Discover West Philly's prime investment property at 50 S. 60th St. This substantial 2700+ square foot building presents a unique opportunity for savvy investors. The ground floor boasts an 800 square foot commercial space, ideal for a variety of retail or service businesses. This space, combined with the building’s prime location on a bustling West Philadelphia commercial corridor, offers immense potential for rental income or business ownership. Upstairs, two spacious residential units, each featuring 3 bedrooms and 1 bathroom, provide additional income streams. With a little TLC, these units can be transformed into highly desirable rental properties. The property is being sold "as is," allowing investors to maximize their return by customizing the space to suit their vision. With a strategic investment of approximately $125,000, this property can be revitalized into a high-yielding asset. Rental potential of $4,500/month based on current market rent, and the housing department. Comps around the corner sold for $400k, so priced with equity potential. Don't miss this chance to capitalize on the thriving West Philadelphia market. Contact us today to schedule a viewing and unlock the full potential of this multi-family gem.
Features of 50 S 60th St
| MLS® # | PAPH2379562 |
|---|---|
| Price | $175,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,745 |
| Acres | 0.02 |
| Year Built | 1925 |
| Type | Multi-Family |
| Sub-Type | Triplex, Interior Row/Townhouse |
| Style | Straight Thru |
| Status | Active Under Contract |
Community Information
| Address | 50 S 60th St |
|---|---|
| Area | 19139 |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19139 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Radiator |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
Exterior
| Foundation | Slab |
|---|
School Information
| District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
Additional Information
| Date Listed | July 25th, 2024 |
|---|---|
| Days on Market | 20 |
| Zoning | CMX3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Real of Pennsylvania |
|---|---|
| Contact Info | 8554500442 |