4421 Princeton Ave, Philadelphia, PA 19135

$249,999
4
BD
2
BA
1,216
SqFt

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List Price
$249,999
Price Change
▼ $1 1788323491
Days on Market
42
Status
ACTIVE
MLS#
PAPH2654866
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,216
Lot Size (Acres)
0.03
Style
Straight Thru
Year Built
1937
County
Philadelphia
School District
Philadelphia City

Property Description

Discover the income potential of this unique property near the Mayfair border. The finished lower level is currently rented for $1,000/month, while two second-floor bedrooms rent for $500/month each. A third bedroom, currently occupied by the owner, previously rented for $600/month, creating potential total gross rent of approximately $2,600/month or $31,200/year. The lower level was previously used as a barbershop and online retail business under a City variance that has since lapsed. It is now configured as an oversized bedroom/living area with a full bathroom, two private entrances, and interior access. Recent improvements include 200-amp electrical service, newer roof, siding, gutters, brick pointing, updated plumbing, recessed lighting, and additional grounded outlets. Refrigerator, washer, and dryer are included. Great opportunity for an investor or owner-occupant looking to offset housing costs. Property is tenant-occupied and requires 24-hour notice for showings. Buyers should verify zoning, rental licensing, occupancy, and permitted use with the City of Philadelphia.

Additional Information

Area
19135 (19135)
Subdivision
Tacony
Taxes
$2512
Interior Features
Kitchen - Eat-In
School District
Philadelphia City
Flooring
Hardwood
Heating
Radiant
Heating Fuel
Natural Gas
Cooling
Wall Unit
Roof
Flat
Water
Public
Sewer
Public Sewer
Room Level
Primary Bedroom: Upper 1, Bedroom 2: Upper 1, Dining Room: Main, Bedroom 1: Upper 1, Kitchen: Main, Living Room: Main, Laundry: Lower 3, Primary Bedroom: Unspecified, Bedroom 3: Lower 3
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Real Estate Tri-County. Contact: 2154648800