50 S 60th Street
Philadelphia, PA 19139
- – beds
- – baths
- 2,745 sqft
- 1,084 sqft lot
- $66 per sqft
- 1925 build
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Back on the market after multiply offers were received in the 1st week. Don't miss your opportunity the 2nd time around, now is your chance. Discover West Philly's prime investment property at 50 S. 60th St. This substantial 2700+ square foot building presents a unique opportunity for savvy investors. The ground floor boasts an 800 square foot commercial space, ideal for a variety of retail or service businesses. This space, combined with the building’s prime location on a bustling West Philadelphia commercial corridor, offers immense potential for rental income or business ownership. Upstairs, two spacious residential units, each featuring 3 bedrooms and 1 bathroom, provide additional income streams. With a little TLC, these units can be transformed into highly desirable rental properties. The property is being sold "as is," allowing investors to maximize their return by customizing the space to suit their vision. With a strategic investment of approximately $125,000, this property can be revitalized into a high-yielding asset. Rental potential of $4,500/month based on current market rent, and the housing department. Comps around the corner sold for $400k, so priced with equity potential. Don't miss this chance to capitalize on the thriving West Philadelphia market. Contact us today to schedule a viewing and unlock the full potential of this multi-family gem.
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Last updated Apr 4, 2025
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MLS# PAPH2379562 —
The Building
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Year Built:1925
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Masonry
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Building Units Total:3
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Structure Type:Interior Row/Townhouse
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Architectural Style:Straight Thru
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Accessibility Features:None
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Foundation Details:Slab
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2745
Interior
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Flooring Type:Luxury Vinyl Tile
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Fireplace:No
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Wall & Ceilings:Dry Wall
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2745
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Living Area SqFt:2,745 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA 203(k)
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Buyer Financing:Cash
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Possession:Negotiable
Location
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Directions:Right next to 60th and Chestnut
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Latitude:39.96068573
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Longitude:-75.24125671
The Property
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Property Subtype:Triplex
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.02
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Lot Size Source:Assessor
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Lot Size Dimensions:15.00 x 72.00
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Lot Dimensions Source:Assessor
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Lot SqFt:1,084 Sqft
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Exclusions:2nd Floor tenant's furniture and personal belongings.
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Zoning:CMX3
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:Y50
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (315) 278-3879
- Office phone:
- (855) 450-0442
Taxes
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Tax ID Number:871049850
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Tax Year:2022
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Tax Lot:35
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Tax Annual Amount:$2,595
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Tax Assessed Value:$185,400
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Year Assessed:2023
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School Tax:1424.0
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City/Town Tax:1171.00
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Radiator
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:Off Street, On Street
Extra Units
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# of Units:1
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Vacation Rental:No
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Units Furnished:None
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Two Bedroom Units:1
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Three Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/3/24
Oct 3, 2024
|
Sold | BRIGHT | $182,000 | 4.0% |
|
9/25/24
Sep 25, 2024
|
Pending | BRIGHT | $175,000 | |
|
8/17/24
Aug 17, 2024
|
Sold Subject To Contingencies | BRIGHT | $175,000 |
