Can be bought as a package deal with 6051 Ogontz Ave. This is an amazing opportunity for a savvy investor to acquire a mixed-use investment property on a busy throughway in the heart of the West Oak Lane section of Philadelphia. 6053 Ogontz Avenue is a three story, 2244 sq ft building that houses a commercial unit at street level, which can command $950/mo with two 2bd 1ba apartments above. The apartments need to be updated to bring in $1476/mo per unit for section 8. The third floor unit is currently occupied. The second floor unit was occupied by the owners' daughter but is now vacant. There is water damage on the back wall of the main bedroom in the second floor unit (see photos). There was also a plumbing leak that has been fixed that caused damage to the ceiling in the bathroom (see photos). Utilities are separated, up-to-date electrical & plumbing. HVAC in good condition. TERMS: Cash or Hard Money only. Property comes in "AS-IS" condition. Buyer pays all closing costs, transfer tax and escrow fees. Open escrow with a $5,000 non-refundable earnest deposit with a cashier's check made out to our title company of choice. Buyer to verify all information as seller makes no claims or warranties expressed or implied. Buyer must perform due diligence and hold seller harmless. No SPDS. No CLUE. As-Is sale. NONE of the following info is deemed accurate and is for informational purposes only. Seller and its members or representatives make no guarantees concerning property condition, value, characteristics, or financial benefits.
Sold for $213,000 on 02/20/24
$213,000
6053 Ogontz Ave, Philadelphia, PA 19141
4beds
2baths
2,244sqft
Retail
Built in 1950
-- sqft lot
$300,300 Zestimate®
$95/sqft
$1,769 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 09, 2024 at 06:17am
Listed by:
Rich Cassell 267-813-2985,
KW Empower,
Co-Listing Agent: Vincent Angelo Fracassi 215-360-3434,
KW Empower
Bought with:
Dione Weems, RS358965
United Real Estate
Source: Bright MLS,MLS#: PAPH2305238

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Basement
- Area: 0
Heating
- Central, Other
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,244
- Total interior livable area: 2,244 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,220 sqft
- Dimensions: 16.00 x 78.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 871094300
- Zoning: CMX1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Retail
Materials
- Masonry
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Philadelphia
- Subdivision: Ogontz
- Municipality: PHILADELPHIA
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Private Financing Available
- Ownership: Fee Simple
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$300,300
2% more+ $6,006
With Zillow Showcase(estimated)
$306,306