507 Cobbs Creek Parkway
Philadelphia, PA, 19143 $ 250,000
Bedrooms4 Baths0.0 Monthly Estimate*
$ 1,662
for $250,000 with 4 bedrooms. This home was built in 1925 on a lot size of 0.04.
Great opportunity for investors or owner occupants. Put the finishing touches on this duplex and add it to your rental portfolio for a slam dunk investment. Or owner occupants, purchase this home and live in one unit while renting the other unit, having someone else pay your mortgage. The opportunities are endless. Unfortunately the seller wasnt able to finish the project but so much has already been done such as the rough plumbing and electric, HVAC installed, framing, new windows, etc. Plus most of the materials needed to finish the project are included in the sale such as HVAC (forced air heat and central air) including the compressors, water heater, sheetrock, tubs, toilets, vanities, recessed lights, vent covers, flooring, etc. Enter Unit 1 from the from which spans the 1st and 2nd floors and is 2 bedrooms, 2.5 bathrooms with access to a rear deck. The unit is large and feels like most single row homes in the area. The first floor is a large mud/sunroom, living room, dining room, kitchen, laundry room, half bath and access to the deck. The second floor has 2 bedrooms, 2 full bathrooms and houses the mechanicals. Unit 2 is accessed in the rear on the side and is 2 bedrooms, 1 bathroom with laundry. Run the numbers and see for yourself what a great opportunity this is. Buyers should do their own due diligence regarding zoning, permits, etc., as seller and sellers representatives have no knowledge. Property is being sold strictly as-is. All materials and contents at the property will be included in the sale.
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FeaturesInteriorHeating Fuel Natural Gas
Hot Water Natural Gas
Total Stories 3
Heating Y/N Y
Fireplace Y/N N
Street Suffix PARKWAY
Central Air Y/N Y
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GeneralSewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Negotiable
Zoning RM1
Architectural Style Straight Thru
Construction Materials Masonry
Year Built 1925
Property SubType Duplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Subdivision Name COBBS CREEK
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Between Hazel & Larchwood Head west on Larchwood Ave toward S 63rd St/Cobbs Creek Pkwy. Then turn left onto Cobbs Creek Pkwy. Property on left
City PHILADELPHIA
Buyer Agent Compensation 2.25
Total Units 2
MLS Area 19143 (19143)
Lot Size Square Feet 1794.00
Waterfront Y/N N
Street Name COBBS CREEK
Tax Annual Amount 1380.0
Two Bedroom 2
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total 116.55
Acceptable Financing Cash Conventional FHA 203(k)
Vacation Rental Y/N N
Days on Market 10
Standard Status Active
Year Built Source Assessor
Tax Lot 102
Buyer Agent Compensation Type % Of Gross
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ExteriorPool No Pool
Water Source Public
Inclusions Everything at the property (as-is)
Type of Parking On Street
Foundation Details Other
Water View Y/N N
Lot Dimensions 20.00 x 92.00
Lot Size Acres 0.04
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 19700.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Byjenn@houses2homes.bizEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,662
- Monthly Property Taxes
- $115
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Philadelphia, PA
Average List Price $536,649
Percent of Sale Price 115%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/9/2024 | $250,000 | | Listed Price |