Homes for sale - 1611 W ERIE AVE, Philadelphia, PA 19140

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$270,000

Est. payment - /mo

1,728 SqFt

Active

1611 W ERIE AVE Philadelphia, PA 19140

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Michelle McMaster

michelle@saillakerealty.com +1(856) 335-5586

UPDATED:

12/16/2024 03:51 PM

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,728 sqft

Price per Sqft $156

Subdivision Nicetown-Tioga

MLS Listing ID PAPH2423830

Style Traditional

Abv Grd Liv Area 1,728

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $1,104

Tax Year 2024

Lot Size 1,600 Sqft

Acres 0.04

Lot Dimensions 20.00 x 80.00

Property Description

This updated duplex property located in Nicetown-Tioga neighborhood offers a fantastic investment opportunity. The building features two modern, renovated units with updated finishes and hardwood floors throughout. Unit 1, located on the first floor, includes 2 bedrooms, 1 bathroom, and is currently rented out for $850/month. The first floor also has access to a rear yard from the kitchen and a full basement for additional storage. Unit 2, on the second floor, boasts 3 bedrooms and 1 bathroom and has a living room. This unit is currently occupied by the sellers and will be delivered vacant upon closing. The property has all-new water heaters and gas heaters, installed in October 2024, and the front yard is cemented with a charming white picket fence. All the utilities in the property are separated and the seller has a rental licenses for both units making this a legal duplex. This is an excellent opportunity for an owner occupant to live in one of the units while renting the other out to help offset the monthly mortgage payment. Or this can be a good investment opportunity for for an investor looking to add a well maintained duplex to their renal portfolio. Either way this is a must see for owner occupants and investors alike.

The property is being sold in As is Condition.

The property qualifies for the CRA program, offering a conventional loan with no mortgage insurance.

With a Walk Score of 83, Transit Score of 80, and Bike Score of 52, this location offers excellent accessibility. It's just a few minutes from the Erie Station on the BSL, with quick access to the NRG Station and Fern Rock TC. Nearby, you'll find a variety of restaurants and cafes, including Soul Delicious Catering, Church Chicken, Bravo Pizza, Starbucks, and Coffee Land. The property is situated in the Tioga-Nicetown neighborhood of Philadelphia, close to parks such as Marcus Foster Memorial Stadium, Hunting Park, and Fernhill Park.

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Location

State PA

County Philadelphia

Area 19140 (19140)

Zoning RM1

Rooms

Basement Full, Unfinished

Interior

Interior Features Built-Ins, Bathroom - Soaking Tub, Bathroom - Tub Shower, Wood Floors

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s)

Flooring Wood, Carpet, Ceramic Tile

Inclusions Built-In Microwave, Dishwasher, Oven/Range - Gas, Refrigerator

Equipment Built-In Microwave, Dishwasher, Oven/Range - Gas, Refrigerator

Fireplace N

Appliance Built-In Microwave, Dishwasher, Oven/Range - Gas, Refrigerator

Heat Source Natural Gas

Exterior

Water Access N

View Street

Accessibility None

Garage N

Building

Lot Description Rear Yard

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 131058200

Ownership Fee Simple

SqFt Source Assessor

Security Features Window Grills

Acceptable Financing Cash, Conventional, VA, FHA

Listing Terms Cash, Conventional, VA, FHA

Financing Cash,Conventional,VA,FHA

Special Listing Condition Standard

Listed by Maria Maria Quattrone Quattrone • RE/MAX @ HOME

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Michelle McMaster

Broker | License ID: 1542221

+1(856) 335-5586

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1611 W ERIE AVE Philadelphia, PA 19140

Michelle McMaster

Key Details

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Rooms

Interior

Exterior

Building

Schools

Others

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1611 W ERIE AVE