1607-09 W Allegheny Ave, Philadelphia, PA 19132
1607-09 West Allegheny Avenue
$95,000
9 beds
2,700 Sq.Ft.
1925 BUILT
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This property is an absolute diamond in the rough! Set in North Philadelphia, this unique property is a blank slate for the savvy investor. This is a rare opportunity to purchase nearly a quarter of an acre in the heart of the city! The property was once a convent and is ready to become a fantastic multi-family opportunity just blocks away from Temple Medical School at Broad and Allegheny. Rentals in this area can rent for as high as $2,500/month with the right upgrades and size. The first floor holds what used to be the central living area for the nuns of yester year and includes the kitchen hook-ups, basement stairs, and back staircase that leads up to the second floor (read bi-level opportunity). The second floor holds the ability to create at least 2 full units, the utility room for the second of the old HVAC units and one of the four original communal bathrooms. The 3rd floor has the opportunity for at least 2 more units. Don't miss your opportunity to make this property into a massive passive-income opportunity! Zoned RSA-3. All non-attached chattel within the property are subject to negotiation. Property is being sold in as-in condition. Seller is motivated to sell and willing to entertain all offers!

Area & Lot

Status
Sold
Living Space
2,700 Sq.Ft.
MLS® ID
1003251391
Type
COMMERCIAL
Year Built
1925
School District
School District of Philadelphia

Interior

Bedrooms
9
Total Bathrooms
4

Exterior

Stories
3

Financial

Sales Price
$95,000
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