Philadelphia, PA 19142
$115,000
Great off-market deal in the Elmwood Neighborhood of Philadelphia, PA over at 6945 Theodore St, Philadelphia, PA 19142. It's a 3 Bedroom with 1.5 bath and has 1,065 sq. ft., currently tenant occupied. Perfect for investors or savvy buyers. This property offers endless possibilities: flip it, rent it, hold it, or customize it to suit your vision! Additional Information/Conditions: •RM-1 Zoned Property – Potential for Duplex Conversion •Additional full bedroom + Half bathroom in the basement •Currently occupied by month-to-month tenants paying $1,200/month, with estimated market rent of approximately $1,700/month. For buyers utilizing Section 8, projected rental income may reach approximately $1,990/month, offering significant potential to increase cash flow and rental income. • Small rear parking area •Property is in a solid condition
Terms:
Cash, Hard or Private Money only. The property comes in "AS-IS" condition. Buyer pays all closing costs, escrow fees, and transfer tax. Open escrow with a $5,000 non-refundable earnest deposit to our title company of choice. Buyer to verify all information as seller makes no claims or warranties expressed or implied. Buyer must perform due diligence and hold seller harmless. NONE of the info above is deemed accurate and is for informational purposes only. Seller and its members or representatives make no guarantees concerning property condition, value, characteristics, or financial benefits.
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Listed by Derek J. Greene, The Greene Realty Group