6010-12 Drexel Road

Philadelphia, PA 19131

$395,000
Price
Beds
14,640 Sq. Ft.
$27 / Sq. Ft.
14,640
Sq. Ft.
$27
per Sq. Ft.

Description

Attention Developers/ Contractors: This expansive property at 6010-6012 Drexel Road needs a complete rehab. It is set on a double corner lot with over .6 acres (see survey attachment) in Philly's quiet Overbrook Farms neighborhood, right near St Joseph's University. It has a huge multi-family property, previously used as 5 apartments, offering a fantastic investment opportunity and room enough to construct several new homes making it a developers dream! The structure was originally built in stone...Attention Developers/ Contractors: This expansive property at 6010-6012 Drexel Road needs a complete rehab. It is set on a double corner lot with over .6 acres (see survey attachment) in Philly's quiet Overbrook Farms neighborhood, right near St Joseph's University. It has a huge multi-family property, previously used as 5 apartments, offering a fantastic investment opportunity and room enough to construct several new homes making it a developers dream! The structure was originally built in stone and still maintains that facade. The current layout features three 1-bedroom apartments, one 2-bedroom apartment, and one 3-bedroom apartment, each with 1 full bathroom and a kitchen. Modern updates and repairs could be combined with its abundant space and original character to create a one-of-a-kind single-family home or high-producing rentals in this sought-after location. In addition to the historic building, the expansive lot would provide ample parking and room for possible new construction of 2-4 homes with resales of over $600,000.00. 6010-6012 Drexel Rd is close to popular shopping centers with stores like Whole Foods, Trader Joe's, and Target. Lankenau Medical Center is minutes away, plus there's easy access to public transit, Lancaster Ave, City Ave, Delaware County, and Montgomery County. Schedule your showing today! The sale is being overseen/ monitored by a conservatorship/ legal custodian to address and remedy outstanding violations, which include cleaning up the grounds and repairing the roof. A list of repairs are attached. Upon purchase, the buyers will assume responsibility for these repairs. All offers due by tomorrow, 5/29 at 5PM.
  1. Listed by Stuart C Cohen • KW Empower
    P: 2152750800 scohen@mccannteam.com

Property Details for 6010-12 Drexel Road

Tax ID Number
881125560
Ownership
Fee Simple
Structure Type
Detached
Style
Other
Waterfront
No
Garage
No
Subdivision
OVERBROOK FARMS
Subdivision
OVERBROOK FARMS (PHILADELPHIA PA)

Location

Listing Courtesy of KW Empower
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LISTING UPDATED: 05/30/2024 11:00 AM

Property Details for 6010-12 Drexel Road

StatusPending
MLS #PAPH2357114
Days on Market10
Taxes$8,149 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.63 AC / 27,394 SF
CountyPhiladelphia County

Location

Listing Courtesy of KW Empower
Add your commute

Building Information for 6010-12 Drexel Road

Stories-Residences4Year Built1920Building Size-Lot Size0.63 AC / 27,394 SF

Payment Calculator

$2,835 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,156

Property Taxes

$679

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6010-12 Drexel Road

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 802785881492
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19131 (19131)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $582,200
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $407,540
  • City Town Tax: $3,677
  • Land Assessed Value: $174,660
  • Clean Green Assessed: No
  • Land Use Code: CA0
  • Zoning: RSD3
  • Tax Lot: 22
  • School Tax: $4,471
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 3
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 14,640.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 221.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1410020
Parking
Parking
  • Type Of Parking: Driveway
  • Driveway - # of Spaces: 12
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: None
  • Heating Fuel: None
  • Hot Water: None
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 6010-12 Drexel Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 6010-12 Drexel Road

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 5 to 12
Public - K to 8
Rating
School
Distance
Gompers Samuel School
PublicK to 8

Overbrook High School
Public9 to 12

Overbrook Edu Center
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Empower

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.