$147,000
$145,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,107 SqFt
SOLD DATE : 09/18/2023
Key Details
Sold Price $147,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,107 sqft
Price per Sqft $132
Subdivision Bridesburg
MLS Listing ID PAPH2260136
Sold Date 09/18/23
Style Straight Thru
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 1,107
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $2,726
Tax Year 2023
Lot Size 1,106 Sqft
Acres 0.03
Lot Dimensions 15.00 x 74.00
Property Description
Welcome to this fantastic investment opportunity in Bridesburg! This charming rowhome is in need of some tender loving care, making it the perfect project for those looking to rehab and flip a property for profit. Located in the desirable neighborhood of Bridesburg, this home offers incredible potential to increase its value significantly.
This rowhome i presents an excellent investment opportunity for savvy investors and house-flippers alike. While the property requires significant TLC and renovation work, it boasts a solid foundation, making it a prime candidate for restoration. Once revitalized, this home can achieve a market value well above the initial investment, as nearby properties in move-in condition have recently sold for over 65 percent higher.
Nestled in the heart of Bridesburg, this rowhome benefits from a vibrant and friendly community atmosphere. With easy access to major highways, bridges and public transportation, residents can conveniently commute to Jersey and Center City.
With a surge in demand for properties in Bridesburg, this home represents a tremendous investment opportunity. The significant price difference between move-in ready homes and this fixer-upper leaves ample room for profit after renovations. By updating and modernizing the property, you can expect to achieve an attractive ARV, providing a substantial return on investment.
This remarkable opportunity won't last long! Rowhomes with such potential are highly sought-after and quickly snatched up by savvy investors. Whether you're an experienced house-flipper or a first-time investor, this property presents an incredible chance to capitalize on the thriving real estate market in the area.
Don't miss out on this promising investment. Contact us today to schedule a viewing and secure your future in Bridesburg!
Location
State PA
County Philadelphia
Area 19137 (19137)
Zoning RSA5
Rooms
Basement Poured Concrete
Main Level Bedrooms 3
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type Alley, On Street
Garage N
Building
Story 2
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Bridesburg School
High Schools Frankford
School District The School District Of Philadelphia
Others
Senior Community No
Tax ID 453040800
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Brooke A Pekula • Long & Foster Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "