**Fixer-Upper Investment Opportunity** This property is zoned as a RM1!!! Utilize the potential of this 1,194 sq ft, 3-bedroom, 1-bathroom home in West Philadelphia's heart. Situated at 6031 Sansom Street, this property is a prime opportunity for savvy investors looking to capitalize on the rental market. *THIS PROPERTY IS ALSO ZONED AS AN RM1!! *LOCATED IN THE OPPORTUNITY ZONE!!! Prime Location Nestled in West Philadelphia's vibrant and growing community with easy access to local amenities and transportation. Minutes from Center City. Spacious Layout of 1,194 square feet of living space with 3 bedrooms and 1 bathroom, offering ample room for tenants. Rental Potential is strong! With the demand for rental properties in the area, this home provides an excellent opportunity for steady rental income. It is conveniently located near public transportation options, making commuting a breeze for future tenants. Neighborhood Amenities: Close to schools, parks, shopping centers, and a variety of dining options, enhancing the appeal for potential renters. Affordable Entry Price needing rehab, however, After Repair Values for this area are $190,000 - $224,00 make this property a budget-friendly entry point for investors "NOT TO MENTION IT'S SITUATED IN THE OPPORTUNNITY ZONE". Fixer-Upper Potential!! Rehab is needed to transform this home into a desirable rental property, ensuring a quick turnaround and occupancy. Leverage Philadelphia PHA voucher programs for 3-bedroom properties or convert them into a Duplex in the 19139 zip code to maximize rental income potential. Opportunities for this property are high. Zoned as RM1 this opportunity can be utilized as a Duplex. Tenants on Both levels provide 2 additional streams of income. Invest in 6031 Sansom Street today and take advantage of the booming rental market in West Philadelphia. This property is a hidden gem with endless potential for the right investor.
Sold for $107,000 on 07/30/24
$107,000
6031 Sansom St, Philadelphia, PA 19139
3beds
1,194sqft
Townhouse
Built in 1925
1,600 Square Feet Lot
$110,300 Zestimate®
$90/sqft
$1,546 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 23, 2024 at 04:05pm
Listed by:
Candis Pressley 302-858-0159,
Trinity Property Advisors
Bought with:
Bianca Sanchez, 2299033
MIS Realty
Source: Bright MLS,MLS#: PAPH2373302

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Basement
- Area: 0
Heating
- Radiator, Natural Gas
Cooling
- Window Unit(s), Ceiling Fan(s)
Appliances
- Included: Gas Water Heater
Features
- Ceiling Fan(s), Dining Area, Open Floorplan
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,194
- Total interior livable area: 1,194 sqft
- Finished area above ground: 1,194
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 1,600 sqft
- Dimensions: 16.00 x 100.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 031038600
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: AirLite
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Brick/Mortar
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Philadelphia
- Subdivision: Cobbs Creek
- Municipality: PHILADELPHIA
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
- Ownership: Fee Simple
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$110,300
2% more+ $2,206
With Zillow Showcase(estimated)
$112,506