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601-5 E CHELTEN AVE Philadelphia, PA 19144
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Key Details
Sold Price $255,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,430 sqft
Price per Sqft $57
Subdivision Germantown (East)
MLS Listing ID PAPH2230332
Sold Date 06/13/23
Style Straight Thru,Traditional
Bedrooms 14
Full Baths 5
HOA Y/N N
Abv Grd Liv Area 4,430
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $4,079
Tax Year 2022
Lot Size 0.263 Acres
Acres 0.26
Lot Dimensions 74.00 x 155.00
Property Description
AN INVESTOR'S GEM!!! Previously a daycare, now property zoning status has reverted to single-family (RM1). *THERE WAS A FIRE INSIDE THE PROPERTY, BEING SOLD AS IS* MULTIPLE OPPORTUNITIES with the property from being renovated into a massive single-family home (with 7+ large bds/ 5+ ba) or acquiring the property as-is, then pursuing a zoning variance to redevelop the property into a 7-unit apartment building, having 7-parking spaces in the rear; both to acquire IMMENSE PROFIT. **Note that multifamily units are indeed the most demanded property type in the immediate area. The property is investor's dream and the seller is very motivated!
Location
State PA
County Philadelphia
Area 19144 (19144)
Zoning RSA3
Rooms
Basement Unfinished
Main Level Bedrooms 14
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Furnishings No
Fireplace N
Heat Source Natural Gas
Laundry None
Exterior
Utilities Available Electric Available, Natural Gas Available
Water Access N
Roof Type Shingle
Accessibility 2+ Access Exits
Road Frontage City/County
Garage N
Building
Story 4
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Straight Thru, Traditional
Level or Stories 4
Additional Building Above Grade, Below Grade
Structure Type Brick
New Construction N
Schools
School District The School District Of Philadelphia
Others
Pets Allowed N
Senior Community No
Tax ID 882927430
Ownership Fee Simple
SqFt Source Assessor
Horse Property N
Special Listing Condition Standard
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Bought with Karen A Alleyne • TJ McCarthy Associates, Inc.