$230,000
$266,000
13.5%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
1 Bath
1,140 SqFt
SOLD DATE : 02/18/2022
Key Details
Sold Price $230,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,140 sqft
Price per Sqft $201
Subdivision Cedar Park
MLS Listing ID PAPH2058514
Sold Date 02/18/22
Style Other
Bedrooms 4
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 1,140
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $1,715
Tax Year 2021
Lot Size 2,320 Sqft
Acres 0.05
Lot Dimensions 20.00 x 116.00
Property Description
The Cedar Park/ University City white picket fence house with the red awning is now for sale. This hidden gem on 51st street is a must see to believe. At 1140 sq ft it sits on a 2320 sq ft lot with 4 bedrooms, two sets of stairs and a large backyard by comparison in this area. With a little TLC this Cedar Park/ University City property is standoutn with alot of potential. Great for anyone willing to put in a few touches to restore the old bones. If fully renovated it can easily be resold at a great price in this establishment well desired neighborhood.
This impressive none "straight through" property features a sitting area/lounge once you come in from the single level porch. Great for privacy and enjoying a cool breeze. Once inside you'll see a large open living room perfect for entertaining. Next up is the quaint dining area, followed by a small pantry that leads into a workable kitchen with ample space for prepping and cooking. The upstairs, which can be entered from the front or back of the house, features a large primary bedroom which connects to a smaller middle bedroom. The hallway then leads to a mid size bathroom and right beyond the bath is the 3rd bedroom. A small stair case leads downstairs to the dining room and right past the staircase is a small 4th back guest room. From the back window you can overlook the very large backyard. Compared to many homes in this area this backyard is more than double the size of other yards. Truly a hidden gem.
For investors: This property is currently zoned for RM-1. *(RM) Residential multi-family. RM districts are intended to accommodate moderate to high-density multi-unit residential buildings. RM-1 is similar to residential single-family RSA-5 except it allows for multiple families.* The property to the right is a six unit property that yields $1350+ in rentals. With the lot size at 2320 sq ft it is large enough to extend the property and explore many lucrative options for the future. Potentially a multi unit project able to generate income if converted to a 3 or 6 unit. There's also potential to update this property into an impressive flip. The possibilities, potential and numbers are there.
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RM1
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Furnishings No
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 2
Foundation Brick/Mortar, Stone
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Senior Community No
Tax ID 511021000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Cecil Rodney • Keller Williams Philadelphia
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Broker-Owner | Lic# RM423246