6332 Elmwood Avenue
Philadelphia, PA 19142
- – beds
- – baths
- 3,396 sqft
- 2,048 sqft lot
- $61 per sqft
- 1920 build
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Attention Investors and Landlords: Incredible Opportunity in Elmwood Park - 3-Story RM1 Zoned Building Awaits! - Spacious 3000+ sq ft 3-story building ready for completion and leasing - Perfectly situated near the bustling corner of Elmwood and 64th - Legal zoning permits up to 5 units - maximize your rental potential! - Ground level unit framed out, awaiting MEP's - Upper 4 units with 2 beds and 1 bath each - just needs finishing touches - Impressive dimensions of 20' x 102' offer ample space for tenants - Elmwood Park, a coveted amenity, located just across the street - Buyer responsible for due diligence and city requirements - Don't let this lucrative investment opportunity slip away! Welcome to Elmwood Park, where an incredible investment opportunity awaits you! This 3-story, RM1 zoned building offers over 3000 sq ft of potential rental space, perfect for investors and landlords seeking a profitable venture. Located at the highly desirable corner of Elmwood and 64th, this property enjoys legal zoning for up to 5 units, allowing you to capitalize on multiple income streams. Currently, the ground level unit is framed out and awaits the installation of MEP's to make it tenant-ready. The upper 4 units, comprising comfortable 2-bedroom, 1-bathroom layouts, have already been drywalled and are eagerly awaiting the finishing touches to make them move-in ready. Spanning an impressive 20' x 102', this building provides ample space for tenants to enjoy. And as an added bonus, Elmwood Park, a sought-after amenity, is conveniently located just across the street, providing a delightful recreational space for your tenants to enjoy. Buyers are responsible for conducting their own due diligence and ensuring compliance with city requirements, including U&O and/or city certification. Don't miss out on this golden opportunity to invest in Elmwood Park. Act now and unlock the full potential of this remarkable property!
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Last updated Nov 10, 2024
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MLS# PAPH2256992 —
The Building
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Year Built:1920
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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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Structure Type:Twin/Semi-Detached
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Architectural Style:Traditional
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Building Units Total:1
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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:3396
Interior
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:3396
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Living Area SqFt:3,396 Sqft
Financial & Terms
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Sale Type:REO (Real Estate Owned)
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Acceptable Financing:Cash, Conventional
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Buyer Financing:Will Subordinate
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Possession:Immediate
Location
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Directions:corner of elmwood and 64th
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Latitude:39.92305374
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Longitude:-75.22866058
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Lot Size Units:Square Feet
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Lot Size Acres:0.05
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Lot Size Source:Assessor
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Lot Size Dimensions:20.00 x 105.00
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Lot Dimensions Source:Assessor
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Lot SqFt:2,048 Sqft
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Zoning:RM1
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Other Structures:Above Grade, Below Grade
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Water View: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:H50
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 607-6007
- Office phone:
- (215) 627-3500
Taxes
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Tax ID Number:402235901
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Tax Year:2022
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Tax Lot:28
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Year Assessed:2023
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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:Other
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Other
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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
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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Subdivision Name:Elmwood Park
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Pool:No Pool
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,Unit 4,Unit 5,Unit 3
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Vacation Rental:No
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Units Furnished:None
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Two Bedroom Units:4
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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).
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 |
|---|---|---|---|---|
|
3/25/24
Mar 25, 2024
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Sold | BRIGHT | $210,000 | -16.0% |
|
1/29/24
Jan 29, 2024
|
Sold Subject To Contingencies | BRIGHT | $250,000 | |
|
11/20/23
Nov 20, 2023
|
Relisted | BRIGHT | $250,000 |
