1622 West Erie Avenue
1622 West Erie Avenue
$250,000
—
2,604
2,604
$96
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...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.
- Listed by Toni Glover • Marvin Capps Realty IncP: 2674691909 toni.glover@exprealty.com
Property Details for 1622 West Erie Avenue
Tax ID Number
131043500
OwnershipFee Simple
Structure TypeEnd of Row/Townhouse
StyleBi-level, Traditional
WaterfrontNo
GarageYes
MunicipalityPHILADELPHIA
Total Parking Spaces1
Location
LISTING UPDATED: 05/28/2024 04:37 PM
Property Details for 1622 West Erie Avenue
Status | Active |
---|---|
MLS # | PAPH2345624 |
Days on Market | 39 |
Taxes | $5,312 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1930 |
Lot Size | 0.03 AC / 1,381 SF |
County | Philadelphia County |
Location
Building Information for 1622 West Erie Avenue
Stories-Residences4Year Built1930Building Size-Lot Size0.03 AC / 1,381 SF
Payment Calculator
$1,807 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1622 West Erie Avenue
Property History for 1622 West Erie Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1622 West Erie Avenue
Taxable ValueLand$75,900Additions$303,600Total$379,500
Tax Record2023$5,312 ($443 / month)
Home Facts
Total Finished SqFt2,604 SqFtAbove Grade Finished SqFt2,604 SqFtStories3Lot Size1,381 SqFtStyleMulti-Family Res (5+ Units)Year Built1930ZoningRSA5CountyPHILADELPHIAAPN13-1-0435-00
Schools near 1622 West Erie Avenue
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
MASTERY CS - CLEVELAND ELEMENT CharterK to 8 | ||
Dobbins Avt High School Public9 to 12 | ||
Kenderton Elementary School PublicK to 8 | ||
Randolph A. Philip Avt High School Public9 to 12 |
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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