1623 N 61ST ST Philadelphia, PA 19151
4 Beds
1 Bath
1,342 SqFt
UPDATED:
03/14/2025 01:28 PM
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,342 sqft
Price per Sqft $80
Subdivision Overbrook Park
MLS Listing ID PAPH2456794
Style Traditional,Straight Thru
Bedrooms 4
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 1,342
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $2,213
Tax Year 2024
Lot Size 1,350 Sqft
Acres 0.03
Lot Dimensions 15.00 x 90.00
Property Sub-Type Interior Row/Townhouse
Property Description
Discover an incredible investment opportunity with this spacious 4-bedroom, 1,350+ sq. ft. residential home in Overbrook Park. This property offers significant potential for both immediate equity gains and long-term cash flow. Heating system and hot water heater recently replaced, electrical system in good condition and also recently updated.
Strong Rental Demand: Eligible for the PHA Housing Choice Voucher Program, guaranteeing $2,510/month in rental income.Equity Upside: Renovation offers the chance to unlock immediate significant equity, making it a smart addition to your portfolio.
Generous Layout ideal for families seeking spacious accommodations. Basement is enormous with high ceilings, great value add opportunity to add additional bathrooms and/or finish the basement and potentially add a 5th bedroom for an increase in cashflow and equity. After repair value between: $275K-$325K depending on finishes and additional upgrades.
Whether you're an investor looking to flip for a profit or seeking a property to hold for consistent rental income, this opportunity checks all the boxes. Don't miss your chance to secure this promising asset and capitalize on its earning potential!
Close to multiple public transportation routes, just a 20 minute commute to Center City and ease of access to anywhere on the mainline or Delco, with a 20-30 minutes to PHL Airport depending on traffic.
Home offered AS-IS. Must provide 10% Deposit with Offer and provide proof of funds.
Location
State PA
County Philadelphia
Area 19151 (19151)
Zoning RSA5
Rooms
Basement Full, Unfinished
Main Level Bedrooms 4
Interior
Hot Water 60+ Gallon Tank
Heating Radiator
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 2
Foundation Brick/Mortar
Sewer Public Septic
Water Public
Architectural Style Traditional, Straight Thru
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Senior Community No
Tax ID 342245200
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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