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Property Description
This is an increidble opportunity for the right investor that is familiar with federal programs designed for housing for recovery, stabiliazation programs, VA, etc. This property has a legal rental license for 25 units, that includes one unit designated for a builing manager. Each private bedroom has tall ceilings, windows and a closet. There is a total of 6 powder rooms, 6 showers, a laundry room, 3 lounge/common areas, and 2 kicthens that are shared by all the residents. There is also a large outdoor space and a reception area at the front door. The area is surrounded by new construction, easily assesable by public transportation, and close to Center City. The property was occupied fairly recently, repairs needed, but it is priced accordinly to the esimated cost to renovate.
Overview
Property Type
Commercial
Location
1634-40 W Master St, Philadelphia, PA 19121
MLS ID
PAPH2382748
Listing Last Updated
8/14/2024 4:34 PM
Property Features & Amenities
Interior
Exterior
Water Source
Public
Heat Type
Forced Air, Baseboard, Hot Water, Natural Gas
Sewer
Public Sewer
Details
Financial
Price
$799,000
Real Estate Tax
$11,643/yr
Zoning
This property has a legal renatl license for a boarding house for 25 units
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