Photo of 1622 W Erie Avenue, Philadelphia PA
     
1622 W Erie Avenue
Philadelphia, PA 19140
19140 Hunting Park Nicetown
The School District Of Philadelphia
Philadelphia County
Asking Price$250,000
# of Units4
1 Bdrm Units2
2 Bdrm Units1
Acres0.03
Interior SqFt2,604
Age94
HeatingNatural Gas
Cooling 
WaterPublic
Garages1
Taxes (2023)5,312

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.

Room Sizes

Location


Driving Directions
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Details
Architectural Type - Bi-level, Traditional
Garage(s) - Garage - Side Entry
Basement - Outside Entrance, Side Entrance, Unfinished, Brick/Mortar
Exterior Features - Masonry
Hot Water - Instant Hot Water
Sewer - Public Hook/Up Avail
Water - Public

Notes
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Assessment : 0
Latitude : 40.009500
Longitude : -75.155410
EveryHome Number : APH234-40423
Listing Courtesy Marvin Capps Realty Inc
Zoning Designation RSA5