79 E High St, Philadelphia, PA 19144
- $550,000
- 2,470
- SqFt
- List Price
- $550,000
- Days on Market
- 5
- Status
- ACTIVE
- MLS#
- PAPH2643974
- Living Area
- 2,470
- Lot Size (Acres)
- 0.16
- Style
- Colonial
- Year Built
- 1900
- County
- Philadelphia
- School District
- The School District Of Philadelphia
Property Description
If you've been looking for a way into Philadelphia real estate that actually cash flows from day one, take a look at 79 E High St in Germantown. It's a fully renovated duplex, 2,470 square feet on a solid 0.16 acre lot, and one of the two units is already rented through PHA at $1,500 a month, so you're not starting from zero. The second unit is a four bedroom that's sitting vacant right now, giving a new owner the flexibility to lease it up and capture even more upside. Once both units are leased, you're looking at real potential for close to $3,700+ a month in combined rent, or $44,400+ a year. But here's the part that caught my attention. There's a two car garage in the back, and ownership says that parcel is zoned for a four unit development, which means there's a real path to add serious value here beyond just collecting rent. At $550,000, you're getting immediate income plus a legitimate expansion play in one package. This is the kind of deal where the numbers work today and the upside is still sitting right there waiting for someone to go get it. Schedule your showing today.
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Additional Information
- Area
- 19144 (19144)
- Subdivision
- Germantown
- Taxes
- $3418
- Stories
- 3
- School District
- The School District Of Philadelphia
- Heating
- Central
- Heating Fuel
- Electric
- Cooling
- None
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Yes
Mortgage Calculator
Listing courtesy of OCF Realty LLC - Philadelphia. Contact: (215) 735-7368
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