$ 64,900
-
$64,900
Price -
2
Bed -
1
Bath -
812
SqFt
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About the Listing 61039 - 3178801
Decent cash-flow opportunity from this 2BR Strawberry Mansion property. Investment opportunity for those looking to build equity. Currently tenant-occupied at $850/mo with a solid payment history. Tenants are settled and would prefer to stay but there is flexibility lease is currently month-to-month. Overall the property could would benefit from some sweat equity and cosmetic updates, the "bones" have seen recent attention, including a newer water heater, forced air heat, some window replacements and an updated electric panel. At this price point, the CAP rate is hard to ignore. Keep the steady cash flow as-is, or renovate over time to maximize market rents and forced appreciation. Ample notice required for all showings.
Listing Highlights
Status
Active
Days on Site
10
Property Type
Residential
MLS ®
PAPH2618914
Year Built
1900
Total Square Footage
812
Lot/Acreage
0.02
County
Philadelphia
Neighborhood
Strawberry Mansion
Area
19121 (19121)
School District
Philadelphia City
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 812
- Below Ground Sq Ft: 0
- Basement: Unfinished
- Other: No Pet Restrictions,Pets Allowed
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: RSA5
- Roof: Flat
- Others: Below Average
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $1,080
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
2942 French St Philadelphia, PA 19121
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