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Listed by Brendon Hong • Prosperity Real Estate & Investment Services

$190,000

Est. payment - /mo

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1,770 SqFt

New

7026 ELMWOOD AVE Philadelphia, PA 19142

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Lee Wilson

lee@wilsongateproperties.com +1(240) 237-9101

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,770 sqft

Price per Sqft $107

MLS Listing ID PAPH2512134

Style Converted Dwelling,Bi-level

Abv Grd Liv Area 1,770

Year Built 1920

Annual Tax Amount $1,962

Tax Year 2024

Lot Size 1,280 Sqft

Acres 0.03

Lot Dimensions 16.00 x 80.00

Property Sub-Type Duplex

Source BRIGHT

Property Description

Welcome home to a prime investment opportunity in the Elmwood Park neighborhood in Philadelphia. This is a decently sized mixed-use commercial duplex awaiting revitalization. With a storefront featuring a half bathroom for versatile commercial use and a second unit offering 2 bedrooms, 1 large living room that can be used for living, and 1 bath, this property holds immense potential to bring your ideas to life. Though sold as is and requires some TLC, it presents a compelling chance for entrepreneurs and investors to unlock value in the bustling Philadelphia market. Conveniently located near public transit and a local Amazon warehouse, its strategic position enhances its appeal as a lucrative investment opportunity. Don't miss out! Seize the chance to transform this multi-family property, add it to your portfolio, or live in one unit & rent the other. Property will be sold in AS-IS condition, Cash or Commercial Loan, and delivered vacant.

Location

State PA

County Philadelphia

Area 19142 (19142)

Zoning CMX2

Rooms

Basement Unfinished

Interior

Interior Features Store/Office, Combination Kitchen/Dining, Bathroom - Tub Shower

Hot Water Other

Heating None

Cooling None

Inclusions All miscellaneous chattel

Fireplace N

Heat Source None

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Converted Dwelling, Bi-level

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 406234000

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard