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Located at 209 S 60th St, Philadelphia, Pennsylvania 19139, Cobbs Creek neighborhood, this Other is for Sale with a price of $199,000 USD. The property was built in 1915, includes 4 bedrooms,. This listing has 1,200 Sq.Ft. of interior space. See all Homes for Sale in Cobbs Creek.
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PhiladelphiaCobbs Creek209 S 60th St
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209 S 60th St
Cobbs Creek, Philadelphia, PA 19139

$199,000
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209 S 60th St,

Philadelphia, PA 19139

This CMX3-zoned 2700sqft row home with an unfinished basement presents a lucrative investment opportunity, featuring a first-floor commercial unit with a pro forma rental rate of $1,500 to $2,000 per month, along with four legally zoned one-bedroom residential units upstairs, each offering rental potential between $900 and $1,000 per month. While structurally sound as verified by a structural engineer, the property does require a full renovation. Located in an Opportunity Zone, it provides potential tax-deferred benefits and a high ROI. The area is also seeing significant improvement initiatives led by HUD. This property will be available soon, and only cash or construction loans will be accepted. Showings are by appointment only, flash light is needed, please with additional time needed for seller response. Estimated cost for reno will be range 150k-185k.
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All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any descriptions, measurements, square footages or acreage and should not be relied upon as such. All information herein should be confirmed by the customer. All rights to all content, including but not limited to photographs, videos and other graphics, are reserved to exclusively to the Broker who supplied such listing content. All advertising on this site is subject to the Federal Fair Housing Act.

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Listing By: BHHS Fox & Roach Wayne-Devon via Data Source: Bright MLS 
4
Bedrooms
$199,000
Change Currency
$166
Price Per Sqft
$998
Annual taxes
Other
Property type
1915
Year Built
7915287
Web Id
2757955-PAPH2414420
MLS ID
26
Days Posted

Price History

datepricevariancetype
11/4/2024$199,000-Listed
listing agent: Xiaohui Xie
1,200 Sq Ft.
interior
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