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Photo of 1622 W Erie Avenue, Philadelphia PA
1622 W Erie Avenue
Philadelphia, PA 19140
# of Units
4
1 Bdrm Units
2
2 Bdrm Units
1
Acres
0.03
Interior SqFt
2,604
Age
94
Heating
Natural Gas
Cooling
N/A
Water
Public
Garages
1
Taxes (2022)
5,312
Additional Details Below

Description

Introducing an exciting investment opportunity at 1622 W Erie Ave - an investor's special awaiting your creative touch! This property offers tremendous potential with four units awaiting a complete rehab to transform them into lucrative income-generating assets Featuring a mix of unit types including a spacious two-bedroom, two cozy one-bedroom apartments, and a convenient efficiency unit, this property caters to a variety of tenant needs. Although in need of renovation, the first floor unit boasts a separate entrance for added privacy and convenience, as well as access to a rooftop deck - the perfect space to reimagine into a stunning outdoor retreat for residents to enjoy. Parking is made easy with a private party garage, providing secure storage for vehicles or the opportunity to convert into additional living space, subject to appropriate approvals. Located less than a mile from Temple Hospital and the School of Medicine, as well as being within close proximity to the bus depot and subway, this property offers convenience and accessibility for potential tenants. Furthermore, situated in an up-and-coming neighborhood with plans for a hotel development less than a mile away, this investment holds promise for future appreciation and growth potential. Don't miss out on this opportunity to breathe new life into 1622 W Erie Ave and capitalize on the potential for significant returns in this dynamic market.

Location

Driving Directions

Use GPS, the exact address brings you directly to the front of the property.

Listing Details

Summary
Architectural Type

Bi-level, Traditional

Garage(s)

Garage - Side Entry

Interior Features
Basement

Outside Entrance, Side Entrance, Unfinished, Brick/Mortar

Exterior Features
Exterior Features

Masonry

Utilities
Hot Water

Instant Hot Water

Sewer

Public Hook/Up Avail

Water

Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Rsa5
Lattitude : 40.009500
Longitude : -75.155410
MLS# : PAPH2345624
Views : 7
Listing Courtesy: Toni Glover of Marvin Capps Realty Inc

Notes

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