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Key Details
Sold Price $107,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,194 sqft
Price per Sqft $89
Subdivision Cobbs Creek
MLS Listing ID PAPH2373302
Sold Date 07/30/24
Style AirLite
Bedrooms 3
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 1,194
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $1,576
Tax Year 2024
Lot Size 1,600 Sqft
Acres 0.04
Lot Dimensions 16.00 x 100.00
Property Description
**Fixer-Upper Investment Opportunity** This property is zoned as a RM1!!!
Utilize the potential of this 1,194 sq ft, 3-bedroom, 1-bathroom home in West Philadelphia's heart. Situated at 6031 Sansom Street, this property is a prime opportunity for savvy investors looking to capitalize on the rental market. *THIS PROPERTY IS ALSO ZONED AS AN RM1!! *LOCATED IN THE OPPORTUNITY ZONE!!!
Prime Location Nestled in West Philadelphia's vibrant and growing community with easy access to local amenities and transportation. Minutes from Center City.
Spacious Layout of 1,194 square feet of living space with 3 bedrooms and 1 bathroom, offering ample room for tenants.
Rental Potential is strong! With the demand for rental properties in the area, this home provides an excellent opportunity for steady rental income. It is conveniently located near public transportation options, making commuting a breeze for future tenants.
Neighborhood Amenities: Close to schools, parks, shopping centers, and a variety of dining options, enhancing the appeal for potential renters.
Affordable Entry Price needing rehab, however, After Repair Values for this area are
$190,000 - $224,00 make this property a budget-friendly entry point for investors "NOT TO MENTION IT'S SITUATED IN THE OPPORTUNNITY ZONE".
Fixer-Upper Potential!! Rehab is needed to transform this home into a desirable rental property, ensuring a quick turnaround and occupancy.
Leverage Philadelphia PHA voucher programs for 3-bedroom properties or convert them into a Duplex in the 19139 zip code to maximize rental income potential.
Opportunities for this property are high. Zoned as RM1 this opportunity can be utilized as a Duplex. Tenants on Both levels provide 2 additional streams of income.
Invest in 6031 Sansom Street today and take advantage of the booming rental market in West Philadelphia. This property is a hidden gem with endless potential for the right investor.
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning RM1
Rooms
Basement Unfinished
Interior
Interior Features Ceiling Fan(s), Dining Area, Floor Plan - Open
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s), Ceiling Fan(s)
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Roof Type Asphalt
Accessibility None
Parking Type On Street
Garage N
Building
Story 2
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style AirLite
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Senior Community No
Tax ID 031038600
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash
Horse Property N
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Bianca Y Sanchez • MIS Realty
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