245 Hanson Street
245 Hanson Street
$400,000
—
4,200
4,200
$95
Description
Discover this prime investment opportunity in the bustling Walnut Hill neighborhood, featuring a five-unit building comprised of two store fronts, two 1-bedroom 1-bath apartments, and one 3-bedroom 1-bath apartment. Each unit has their own entrance adding an element of privacy that is hard to find. Situated near University City, this property is located in close proximity to prestigious universities and a plethora of amenities ensuring convenient living. Currently zoned as RM-1, allowing investors...Discover this prime investment opportunity in the bustling Walnut Hill neighborhood, featuring a five-unit building comprised of two store fronts, two 1-bedroom 1-bath apartments, and one 3-bedroom 1-bath apartment. Each unit has their own entrance adding an element of privacy that is hard to find. Situated near University City, this property is located in close proximity to prestigious universities and a plethora of amenities ensuring convenient living. Currently zoned as RM-1, allowing investors to maximum potential for income generation and equity growth. The property has been well maintained and will need cosmetic repairs in order to get the units in rent ready condition. This location is perfect for renting out to students due to its close proximity to University City which will help decrease vacancy and keep the units rented. This can be a great opportunity for someone looking to live in one unit and rent the others out to offset the mortgage and decrease living expenses. Or this can be a great property for West Philadelphia investors looking to add this to their rental portfolio. Buyer's are responsible for verifying zoning and use possibilities. With a Walk Score of 90, daily errands are easily achievable without a car. A Transit Score of 77 suggests outstanding transit options, ensuring convenient transportation for traveling around the city. Furthermore, a Bike Score of 99 highlights excellent biking infrastructure in the area. Close-by dining options include J & P Seafood, Quick & Quality, and Pizza Plus West, among others. Nearby educational facilities comprise The Workshop School, Lea C. Henry School, and Beulah Baptist Christian Day School. Convenient grocery options include Quick Stop Deli, Fili Kale, and The Herb Nook. Just nine-minutes away from the MFL Frankford TC at the 46th St Station - MFL stop. The property is also close to parks such as Chicken Park, Black Oak Park, and Cedar Park. Enjoy unparalleled convenience with easy access to transit, universities, dining, shopping, and entertainment options. Don't miss out on this exceptional investment opportunity in a highly sought-after location. Schedule a viewing today to explore its potential for lucrative returns. Schedule your exclusive tour today and seize the chance to make this property your own!
- Listed by Maria Maria Quattrone Quattrone • RE/MAX @ HOMEP: 2156073523 thelistingteam@liveloveathome.com
Property Details for 245 Hanson Street
Tax ID Number
881143861
OwnershipFee Simple
Structure TypeOther
StyleOther
WaterfrontNo
ViewsStreet
GarageNo
SubdivisionWALNUT HILL
Location
LISTING UPDATED: 05/09/2024 12:13 PM
Property Details for 245 Hanson Street
Status | Active |
---|---|
MLS # | PAPH2352012 |
Days on Market | 11 |
Taxes | $7,101 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1951 |
Lot Size | 0.04 AC / 1,748 SF |
County | Philadelphia County |
Location
Building Information for 245 Hanson Street
Stories-Residences4Year Built1951Building Size-Lot Size0.04 AC / 1,748 SF
Payment Calculator
$2,775 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 245 Hanson Street
Property History for 245 Hanson Street
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 245 Hanson Street
Taxable ValueLand$152,190Additions$355,110Total$507,300
Tax Record2023$7,101 ($592 / month)
Home Facts
Total Finished SqFt4,200 SqFtAbove Grade Finished SqFt4,200 SqFtStories3Lot Size1,748 SqFtStyleMulti-Family Res (5+ Units)Year Built1951ZoningRM1CountyPHILADELPHIAAPN88-1-1438-61
Schools near 245 Hanson Street
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 5 to 8 |
Rating | School | Distance |
---|---|---|
Lea Henry C School PublicPK to 8 | ||
West Philadelphia High School Public9 to 12 | ||
The Workshop School Public9 to 12 | ||
Middle Years Alternative School Public5 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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