Investment Opportunity – RM1 Zoned Property Near University City
Attention investors and developers! This RM1-zoned property, located on the outskirts of University City, is a prime opportunity for a full rehab. With endless potential, you can maximize returns by converting the basement into a third bedroom, flip or rent or transform the property into a duplex—offering a 2-bed, 2-bath unit and a 1-bed, 1-bath unit for strong rental income.
For reference, Section 8 rental rates are approximately $1,746/month for a 2-bedroom and $2,136/month for a 3-bedroom (buyers should verify current rates).
?? No assignment contracts will be accepted.
?? All offers must be submitted with proof of funds or a mortgage pre-approval.
Don't miss out on this value-add investment opportunity! Contact me for details or to schedule a showing.
Buyer to do your own due diligence. All information pulled from public records
Sold for $93,877 on 10/02/23
$93,877
4403 Brown St, Philadelphia, PA 19104
2beds
960sqft
SingleFamily
Built in 1925
720 Square Feet Lot
$-- Zestimate®
$98/sqft
$1,424 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Basement: Basement (not specified)
Interior area
- Total interior livable area: 960 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 720 sqft
Details
- Parcel number: 062007600
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1925
Community & neighborhood
Location
- Region: Philadelphia