$ 489,900
-
$489,900
Price -
8
Bed -
0
Bath -
3,690
SqFt
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About the Listing GRLDORE - 3383820
ATTENTION INVESTORS & FLIPPERS! LICENSED QUADRUPLEX WITH HUGE UPSIDE 🏢💼 This Victorian property is a fully licensed quadruplex and also holds a Single Family with Rooming House license (10 bedrooms). With over 50 years of use as a college fraternity house, this property presents an exceptional value-add investment opportunity 📈. The owner has already started the conversion into four independent income-producing units: UNIT BREAKDOWN: Unit 1: 3 Bedrooms | 1 Full Bath | In-Unit Laundry Unit 2: 3 Bedrooms | 1 Full Bath | In-Unit Laundry Unit 3: 1 Bedroom | 1 Full Bath | In-Unit Laundry Unit 4: 1 Bedroom | 1 Full Bath | In-Unit Laundry Additional features include separate utilities, basement storage, a spacious front porch, a large attic with expansion potential, and a high-ceiling basement—ideal for future value creation. MAJOR CAPITAL IMPROVEMENTS ALREADY COMPLETED: All plumbing fully replaced Three brand-new water heaters installed Electrical work approximately 50% completed The property is being sold AS-IS, offering investors the opportunity to complete the renovation, increase rental income, and unlock strong returns 💰. Conveniently located near restaurants, schools, cafes, churches, and entertainment, ensuring strong rental demand. Don’t miss this rare opportunity to acquire a licensed quadruplex with significant income potential. 🔑
Listing Highlights
Status
Active
Days on Site
18
Property Type
Multi-Family
MLS ®
PAPH2575774
Year Built
1895
Total Square Footage
3,690
Lot/Acreage
0.07
Interior Details
- Bedrooms: 8
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Baseboard - Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3690
- Below Ground Sq Ft: 0
- Basement: Unfinished,Partially Finished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 37.00 x 86.00
- Zoning: RSA3
- Roof:
- Others:
- Sewer: Private Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $9,480
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
902 S 47th St Philadelphia, PA 19143
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