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32 S 62ND STREET
PHILADELPHIA PA 19139 US

$170,000

Active Listing ID PAPH2425084
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Lot: 0.04 Acres
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$170,000

Active Listing ID PAPH2425084
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32 S 62ND STREET Investor alert! This duplex presents a fantastic investment opportunity for the savvy investor with significant potential. It features two separate units: a 2-bedroom, 1.5-bathroom unit and a 3-bedroom, 2-bathroom unit. Additional amenities include one garage space, an unfinished basement, and separate utility meters for each unit. The property is zoned RM-1, legally designated as multi-family, offering excellent flexibility for rental income. While it requires a full rehab, the upside is substantial, especially with gentrification actively transforming the surrounding area. Once renovated, the property is poised for strong cash flow, and a proforma is included to outline projected income and returns. Don’t miss this chance to capitalize on a high-potential location!

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Property Features

  • Facts
  • Lot Size: 0.04 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Radiator

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 170000
  • unparsedaddress: 32 S 62ND STREET
  • postalcity: PHILADELPHIA
  • stateorprovince: PA
  • country: US
  • postalcode: 19139
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.04
  • lotsizeunits: Acres
  • lotsizearea: 0.04
  • livingarea: 2044
  • livingareaunits: Square Feet
  • latitude: 39.961599
  • longitude: -75.245181
  • listagentfullname: Lay Gauv
  • listagentemail: lay.gauv@exprealty.com
  • listagentkey: 3yd-TRENDPA-3263267
  • listagentmlsid: 3263267
  • listagentpreferredphone: 8883977352
  • listagentofficephone: 8883977352
  • listofficekey: 3yd-TRENDPA-EXPREALP
  • listofficemlsid: EXPREALP
  • disclaimer: Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1925
  • listingcontractdate: 2024-12-06
  • listagenturl: http://pa.exprealty.com/
  • countyorparish: PHILADELPHIA
  • elementaryschooldistrict: PHILADELPHIA CITY
  • middleorjuniorschooldistrict: PHILADELPHIA CITY
  • highschooldistrict: PHILADELPHIA CITY
  • heating: Radiator
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Basement
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.24518, 39.961597
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"pa.broker@exprealty.net", "ListBrokerageCity":"Philadelphia", "ListBrokerageCountry":"US", "ListBrokerageEmail":"pa.broker@exprealty.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/TRENDPA/83fe4991cbbb11e3aeaf22000b248db5/20220307184430486.png", "ListBrokerageName":"eXp Realty", "ListBrokeragePhone":"888-397-7352", "ListBrokeragePostalCode":"19122", "ListBrokerageStateOrProvince":"PA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1848 N Hancock St C", "ListBrokerageWebsiteUrl":"http://pa.exprealty.com/", "ListOfficeAddress1":"630 Freedom Business Ctr DRIVE", "ListOfficeAddress2":"300", "ListOfficeBrokerMlsId":null, "ListOfficeCity":"King of Prussia", "ListOfficeCountry":"US", "ListOfficeEmail":"pa.broker@exprealty.com", "ListOfficePostalCode":"19406", "ListOfficeStateOrProvince":"PA", "ListPriceCurrencyType":"USD", "ListingTitle":"Interior Row/Townhouse - PHILADELPHIA, PA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/32-S-62nd-St_Philadelphia_PA_19139_M49349-30985?f=listhub&s=TRENDPA&m=PAPH2425084&c=rexren", "MLSModificationTimestamp":"2024-12-06T08:07:51Z", "Neighborhoods":[{"Description":null, "Name":"PHILADELPHIA"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1521, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/6/2024 8:06:31 PM GMT
Source Updated Date: 12/17/2024 6:42:50 AM GMT

Courtesy of: Lay Gauv, EXP Realty, LLC, lay.gauv@exprealty.com

Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.