Philadelphia, PA 19151,1623 N 61ST ST
Philadelphia, PA 19151,1623 N 61ST ST
Philadelphia, PA 19151,1623 N 61ST ST
Philadelphia, PA 19151,1623 N 61ST ST
Philadelphia, PA 19151,1623 N 61ST ST
Philadelphia, PA 19151,1623 N 61ST ST
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$ 107,500
Est. payment | /mo

4 Beds

1 Bath

1,342 SqFt


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$ 107,500
Est. payment | /mo
Save

4 Beds

1 Bath

1,342 SqFt

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

Prime Investment Opportunity: 4-Bedroom Home with Immediate Equity & Strong Cash Flow Potential
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.
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-$315K 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. This is a bid assignment; buyer must provide A Philadelphia Judicial Certificate of Compliance. No transfer taxes, no title costs, no recording fees, no closing costs! Property deeded free and clear of municipal liens and encumbrances directly from the Sheriff dept, bring in your offer and secure your next project! Must provide 10% Deposit with Offer and provide proof of funds. Transaction must close by Wednesday, March 26, 2025.

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

Bright MLS (BMLS)
Listed by Lauren Cierra Saidu-Kamara • Livewell Properties
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381 Egg Harbor Rd, Sewell, NJ, 08080

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1623 N 61ST ST