616 S 60th Street
Philadelphia, PA 19143
- – beds
- – baths
- 1,650 sqft
- 1,284 sqft lot
- $181 per sqft
- 1920 build
Legally Zoned Multi Family Duplex Investment Opportunity with Tremendous Potential – 616 S 60th St This fully occupied duplex offers an incredible investment opportunity in a rapidly developing neighborhood. Located at 616 S 60th Street, this property is positioned in a vibrant community with exciting developments on the horizon. With the option to deliver the property vacant, you have the flexibility to maximize its potential and tailor it to your needs. Property Features: First Floor: A spacious 2-bedroom, 1-bathroom unit that offers comfortable living space and steady rental income. Second Floor: A well-maintained 3-bedroom, 1-bathroom unit providing ample space and great living conditions for tenants. Fully Occupied: Both units are currently leased, providing immediate cash flow and reliable income. Vacant Delivery Option: The property can be delivered vacant, giving you the flexibility to either move in or lease the units at market rates for an increased return on investment. Location & Neighborhood: Upcoming Community Grocer: A brand-new community grocer is coming soon to the neighborhood, adding convenience for residents and making the area even more desirable. Rapid Neighborhood Growth: The surrounding area is seeing increased development, with new businesses and residential projects underway, making this an ideal location for long-term investment. Convenient Amenities: Residents will enjoy close proximity to local restaurants, shops, parks, and public transportation, offering easy access to everything they need. Why Invest in 616 S 60th St? Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a property with future upside, 616 S 60th Street is a rare opportunity. With two spacious units, a flexible delivery option, and a neighborhood on the rise, this property offers both immediate income and long-term growth potential. Don’t miss out on this exciting opportunity! Contact us today to schedule a tour and see the potential for yourself.
Last checked:
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Last updated Mar 20, 2025
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MLS# PAPH2459634 —
The Building
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Year Built:1920
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Year Built Source:Assessor
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Year Major Reno/Remodel:2020
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New Construction:No
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Construction Materials:Masonry
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Building Levels:2
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Building Units Total:2
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Structure Type:Interior Row/Townhouse
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Historic:No
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Architectural Style:Straight Thru
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Security Features:Main Entrance Lock
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Accessibility Features:None
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Foundation Details:Brick/Mortar
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Basement:Yes
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Basement Type:Interior Access
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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:1650
Interior
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Interior Features:Air Filter System, Kitchen - Gourmet, Recessed Lighting, Bathroom - Tub Shower
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Flooring Type:Hardwood
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1650
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Living Area SqFt:1,650 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:FHA, Conventional, Cash
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Possession:0-30 Days CD
Location
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Directions:Head west on Market St toward S 40th St. Pass by Dunkin' (on the right in 0.4 mi) 1.6 mi Turn left onto S 55th St 0.2 mi Turn right onto Walnut St 0.4 mi Turn left onto S 59th St 0.5 mi Turn right onto Cedar Ave 0.1 mi S 60th St & Cedar Ave, Philadelphia, PA 19143
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Cross Street:CEDAR
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Latitude:39.95199000
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Longitude:-75.24310000
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Property Condition:Very Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.03
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Lot Size Source:Assessor
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Lot Size Dimensions:16.00 x 82.00
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Lot Dimensions Source:Assessor
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Lot SqFt:1,284 Sqft
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Inclusions:All major appliances.
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Exclusions:personal belongings
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Zoning Description:Multifamily dwelling.
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Zoning:MULTI
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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:U30
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (267) 442-8451
- Office phone:
- (484) 500-1681
Taxes
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Tax ID Number:032230000
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Tax Year:2025
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Tax Lot:49
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Tax Annual Amount:$3,919
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Tax Assessed Value:$280,000
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Year Assessed:2025
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Appliances
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Appliances:Water Heater - High-Efficiency, Stainless Steel Appliances, Refrigerator, Oven/Range - Gas, Microwave, Dryer, Dishwasher
Schools
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School District Name:Philadelphia City
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School District Source:Listing Agent
The Community
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Subdivision Name:Cobbs Creek
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Pool:No Pool
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Association Recreation Fee:No
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Other Units:Unit 1,Unit 2
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Vacation Rental:No
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Two Bedroom Units:1
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Three Bedroom Units:1
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).
Sale history
Date | Event | Source | Price | % Change |
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3/19/25
Mar 19, 2025
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Listed / Active | BRIGHT | $299,000 |