Philadelphia, PA 19144,6332 CHEROKEE ST #R

$150,000

Est. payment /mo

$175,000

14.3%
Est.Price: ?

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6332 CHEROKEE ST #R Philadelphia, PA 19144

0.62 Acres Lot

SOLD DATE : 12/17/2015

Key Details

Sold Price $150,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Germantown

MLS Listing ID 1002672216

Sold Date 12/17/15

HOA Y/N N

Originating Board TREND

Year Built 1950

Annual Tax Amount $3,335

Tax Year 2015

Lot Size 0.625 Acres

Acres 0.62

Lot Dimensions 112X243

Property Description

Back on the market. Buyer was not able to obtain financing. This extremely unique property is for the truly Savvy individual. It is an estate sale being sold Strictly AS-IS with no warranties expressed or implied. 6332 Cherokee Street(Rear)sits back off the street and is on more that 1/2 an acre of secluded land. It is in the rear of the same address located on Cherokee Street. You must travel up the driveway and through the remote controlled gate to gain access to this property. Once you enter you will find a one story house that has two bedrooms, kitchen ,bathroom, living and dining area and utility room that holds the washer, dryer, hot water and house heater. The house has central air conditioning and a fireplace. The house is in need of some care. There was a water pipe that burst and caused some interior damage. The water and gas are not on however there is electric. Please note that inspections are for the buyers informational purposes only if chosen and the utilities that are currently off will not be activated by the seller for any inspections. The property is priced extremely conservatively and priced according to the condition. The exterior land and space consists of over 20 regular garage spaces, another large garage off the side of the one story house(this structure has incurred fire damage to the roof and the garage door is inoperable)and there is an additional huge garage near the front of the property that was once used as an auto repair shop. There are multiple parking spaces on one side of the property as well as in the rear and additional land space around the property. It is the true definition of a property that you MUST SEE to understand as well as appreciate. It can be used for many purposes in its current state or someone could use their creative juices and completely re-do the premises. Again, this property is being sold strictly in its AS-IS condition. Anything required by the city for the U & O will be the responsibility of the buyer. With the need for updating and repairs, the current condition is reflected in the asking price which is about 75k less than its accessed value. Highest accepted offer that settles gets this unique goldmine. Cash offers will probably work best with this property which is also preferable to the owner. Getting regular type financing may be difficult so Cash or Creative financing would get the deal done. Please show and sell.

Location

State PA

County Philadelphia

Area 19144 (19144)

Zoning RSA3

Rooms

Other Rooms Primary Bedroom

Interior

Fireplace N

Exterior

Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone

Water Access N

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 884463395

Ownership Fee Simple

Acceptable Financing Other

Listing Terms Other

Financing Other

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Bright MLS (BMLS)
Listed by Debra D Bennett • Leverage Real Estate
Bought with Neil Kugelman • Elfant Wissahickon-Chestnut Hill

Kerry O'Hara

Advisor | License ID: 651712

+1(410) 507-0834

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