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!
Sold for $160,000 on 01/22/25
$160,000
32 S 62nd St, Philadelphia, PA 19139
5beds
--baths
2,044sqft
Townhouse
Built in 1925
-- sqft lot
$278,800 Zestimate®
$78/sqft
$1,400 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 23, 2025 at 09:37am
Listed by:
Lay Gauv 267-259-6034,
EXP Realty, LLC
Bought with:
Cree McGee
Prime Realty Partners
Source: Bright MLS,MLS#: PAPH2425084

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Basement
- Area: 0
Heating
- Radiator, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,044
- Total interior livable area: 2,044 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,848 sqft
- Dimensions: 16.00 x 116.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 031190900
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Philadelphia
- Subdivision: Cobbs Creek
- Municipality: PHILADELPHIA
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$278,800
2% more+ $5,576
With Zillow Showcase(estimated)
$284,376