275 W Mount Pleasant Ave, Philadelphia, PA 19119

Studio-- baths1,728 sqft Edit

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Off Market
Zestimate®: $244,562
Rent Zestimate®: $1,130/mo
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

A Rent Zestimate® is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property.

My Notes

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Terrific investment property in West Mt Airy right off of Lincoln Drive! This mixed use property features a Chinese Restaurant on the first floor and a 2 bedroom apartment on the second floor. The restaurant owner is a long term tenant whoâ??s been renting for 9 years and has 8 years left on the current lease. It brings in $1740/month and has a 5% increase every year until the lease expires. The second floor rent is $735/month so combined this property brings in $2475/month. The apartment has hardwood floors in the bedrooms and living room and features a laundry room. This is a great opportunity for steady cash flow. Motivated seller! Make your appointment today

Facts

  • Lot: 1,306 sqft
  • Multi Family
  • Built in 1963
  • Views: 1,252 all time views
  • Cooling: None
  • Heating: Other

Features

  • Flooring: Hardwood, Linoleum / Vinyl
  • Parking: 0 space
  • Unfinished basement

Construction

  • Exterior material: Stucco
  • Roof type: Other
  • Stories: 2
  • Structure type: Other
  • Unit count: 2

Other

  • Floor size: 1,728 sqft
  • Heating: Gas
  • Zillow Home ID: 2134708569

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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$244,562
+$16,700 Last 30 days
$220K
$274K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,130/mo
+$62 Last 30 days
$802
$1.4K
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Popularity on Zillow

1,252 all-time views
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Comparable Homes

Homes like this sold for $169-425K.

$140K
$450K

Mortgages

Neighborhood: West Mount Airy

Zillow predicts West Mount Airy home values will fall 0.2% next year, compared to a 0.9% decrease for Philadelphia as a whole. Among West Mount Airy homes, this home is valued 10.4% less than the midpoint (median) home, and is valued exactly the same per square foot.

Foreclosures will be a factor impacting home values in the next several years. In West Mount Airy, the number of foreclosures waiting to be sold is 76.9% lower than in Philadelphia, and 73.3% lower than the national average. This lower local number could help West Mount Airy home values rise more quickly than other regions in Philadelphia.

Learn more about forecast calculations or West Mount Airy home values.
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