Calling All Investors! This is a cash only sale. Don’t miss this incredible opportunity in the highly desirable Rhawnhurst section of Northeast Philadelphia. This unique property is currently set up as a triplex (zoned RSA-3) and features 6 bedrooms, 4 bathrooms, and a detached garage, all situated on a generous 0.28-acre corner lot. The property offers tremendous upside potential. Possible subdivision opportunities may allow for the construction of two sets of twin homes and one single-family home. The seller has not initiated any zoning or subdivision process. Buyers are responsible for conducting their own due diligence with the City of Philadelphia L&I at their own expense. The seller did consult with an architect who prepared a very preliminary draft illustrating potential development possibilities. Alternatively, the existing home could be renovated and updated with today’s modern finishes to maximize value. Surrounded by new construction and positioned on a large corner parcel, this property presents a rare investment opportunity in a growing area. Property is being sold strictly as-is. The seller will make no repairs and will offer no credits or price reductions. Opportunities like this don’t come around often — schedule your showing today!
Listed By
Agency Name: Keller Williams Real Estate - Newtown
Agency Phone: 2158604200
Shown By
Agent Name: Mike & Monica Nelson Team
Agent Phone: Cell: (410) 627-9990
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 1,685.85 per month $1,068.05 Principal & Interest $477.83 Property Tax $139.97 Homeowner's Insurance
8000 Algon Avenue | MLS# PAPH2582664
This single family home located at 8000 Algon Avenue, Philadelphia, PA 19152 is currently listed for sale with an asking price of $479,900. This property was built in 1925 and has 6 bedrooms and 4 full baths with 3280 sq. ft. Algon Avenue is located in the RHAWNHURST subdivision within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search RHAWNHURST real estate on www.mikenelsonrealtor.com today.