79 E High Street , Philadelphia, PA 19144

$550,000
  • 79 E High Street , Philadelphia, PA 19144 Main Photo

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New to the Market ACTIVE
BEDS0 BATHS SQUARE FEET2,470 MLS#PAPH2643974
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGERMANTOWN SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA

Property Description

If you've been looking for a way into Philadelphia real estate that actually cash flows from day one, take a look at 79 E High St in Germantown. It's a fully renovated duplex, 2,470 square feet on a solid 0.16 acre lot, and one of the two units is already rented through PHA at $1,500 a month, so you're not starting from zero. The second unit is a four bedroom that's sitting vacant right now, giving a new owner the flexibility to lease it up and capture even more upside. Once both units are leased, you're looking at real potential for close to $3,700+ a month in combined rent, or $44,400+ a year. But here's the part that caught my attention. There's a two car garage in the back, and ownership says that parcel is zoned for a four unit development, which means there's a real path to add serious value here beyond just collecting rent. At $550,000, you're getting immediate income plus a legitimate expansion play in one package. This is the kind of deal where the numbers work today and the upside is still sitting right there waiting for someone to go get it. Schedule your showing today.

79 E High Street | MLS# PAPH2643974

This multi-family property located at 79 E High Street , Philadelphia, PA 19144 is currently listed for sale with an asking price of $550,000. E High Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.reexcelpros.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: None
Fuel Type: Electric
Heating: Central
Home Style: Colonial
Lot Size: 0.16 Acres
Taxes: $3,418
Year Built: 1900

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Days on Site: 3
Exterior: Stone
Lot Dimensions: 0.16 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Structure Type: Twin/Semi-Detached
Total Garage/Parking Spaces: 2
Two Bedroom Units: 1
Units: 2
Water: Public

Local Schools

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Listed By / Shown By

Listed By

Agency Name: OCF Realty LLC - Philadelphia
Agency Phone: 2157357368

Shown By

Agency Title: Real Estate Excel, The Baringer Group, Ltd.
Agency Phone: 215-536-9550

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Estimated Payment

$ 1,669.31 per month $1,224.06 Principal & Interest $284.83 Property Tax $160.42 Homeowner's Insurance

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