920 S 49th St, Philadelphia, PA 19143

Great development/investment opportunity in the popular Cedar Park neighborhood. This turn of the century Flemish Revival twin porch front has been well maintained for over 100 years. It was converted to a 4 family property in 1936 with two front entrances. The property has been recently cleared out and is ready to complete construction. New plumbing has already been run throughout the home. Some photos show current interior state. The first floor is a two bedroom unit with its own front entrance and a rear entrance to yard. The second front entrance leads to the second floor hallway and two one bedroom units. The third floor is a spacious 2 bedroom. 2nd and 3rd floors have hallway exits to rear fire escape. There is also a set of steps leading to a spacious attic storage area. The side walkway leads to a large garden with another door entrance to basement which can also be entered through a hall on first floor. The basement has deep well windows and could be developed into a 4th apartment. These units, once developed, would bring in $6000+ a month making this a great rental to hold onto or providing great cap rates for resale.