PHILADELPHIA, PA 19120
$499,900
Bank-owned (REO) eight-unit multifamily property consisting of two attached buildings on two parcels totaling 3,920 square feet. Built in 1935. Each building contains four one-bedroom units. The property is legally zoned and income-producing.Direct frontage on Roosevelt Boulevard, a major transit corridor and bus route, with convenient access to public transportation, retail, and major roadways. Local one-bedroom rents typically range from $850 to $925 per month.Sold strictly as-is, including any existing city permits and violations. Buyer is responsible for all due diligence. Value-add potential through capital improvements and rent optimization.
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Listed by Bernard C Pudimott Jr., Long & Foster Real Estate, Inc.