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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

    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!

    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#: PAPH2425084MLS Logo

    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