We are offering a downpayment assistance program: $5,000 in closing cost, $500 for appraisal, and $500 for Home Warranty through Motto Mortgage Expert Solutions. Delivered turnkey for an investor looking for ROI & income property located No-Libs adjacent, this is an excellent opportunity to own a Quadplex boasting approximately 3270 SQ FT. Also, great opportunity for an owner-occupant to reside in one unit and have the rental income pay for your mortgage. RM-1 Zoning. The building is comprised of 4 residential units, which are 2 units that are 2 bedrooms & 1 bathroom & 2 units which are 1 bedroom & 1 bathroom. On the first floor, there are 2 units, one located in the front & one located in the rear of the building. The first-floor front is a 1 bedroom & 1 bathroom unit. 1 Rear is 3-story, 2 bedrooms & 1 bathroom unit that is compromised on the 1st, 2nd & 3rd floors at the rear of the building. Located on the 2nd floor, there is 1 bedroom & 1 bathroom recently updated unit. There is a common coin-operated laundry on the second floor for all occupants to utilize and generates extra income. On the 3rd floor, there is a 2 bedroom & 1 bathroom. All units have been maintained and offer, recessed lighting, ceiling fans, hardwood floors, gas range, refrigerators & dishwashers. All units are separately metered for electricity and there is a common electric meter. There are 4 hot water heaters. Pride of ownership is evident throughout. The unfinished basement is accessible from the first-floor hallway and provides additional storage space. The added convenience of breezeway & large rear yard. The property is being sold in As-Is Condition. The property qualifies for CRA financing with 3% down & no mortgage insurance for added savings. Buyer needs to do their own due diligence to verify the zoning. Super easy access to shopping, coffee shops, restaurants & bars, in Northern Liberties, Fishtown & Olde Kensington. Easy access to public transportation & located in close proximity to the Girard Ave line. Walker's paradise at 95, Excellent Transit Score at 75 & Very Bikeable at 77.
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 29th September, 2023 12:34 AM (UTC)