Skip To Content

245 S Hanson Street

PHILADELPHIA, PA 19139
  • $400,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: PAPH2352012
$400,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,200
    SQFT
  • $95
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1951
County:

School Ratings & Info

Description

Discover this prime investment opportunity in the bustling Walnut Hill neighborhood, featuring a five-unit building comprised of two store fronts, two 1-bedroom 1-bath apartments, and one 3-bedroom 1-bath apartment. Each unit has their own entrance adding an element of privacy that is hard to find. Situated near University City, this property is located in close proximity to prestigious universities and a plethora of amenities ensuring convenient living. Currently zoned as RM-1, allowing investors to maximum potential for income generation and equity growth. The property has been well maintained and will need cosmetic repairs in order to get the units in rent ready condition. This location is perfect for renting out to students due to its close proximity to University City which will help decrease vacancy and keep the units rented. This can be a great opportunity for someone looking to live in one unit and rent the others out to offset the mortgage and decrease living expenses. Or this can be a great property for West Philadelphia investors looking to add this to their rental portfolio. Buyer's are responsible for verifying zoning and use possibilities. A clear U&O will not be provided by the sellers.With a Walk Score of 90, daily errands are easily achievable without a car. A Transit Score of 77 suggests outstanding transit options, ensuring convenient transportation for traveling around the city. Furthermore, a Bike Score of 99 highlights excellent biking infrastructure in the area.Close-by dining options include J & P Seafood, Quick & Quality, and Pizza Plus West, among others. Nearby educational facilities comprise The Workshop School, Lea C. Henry School, and Beulah Baptist Christian Day School. Convenient grocery options include Quick Stop Deli, Fili Kale, and The Herb Nook. Just nine-minutes away from the MFL Frankford TC at the 46th St Station - MFL stop. The property is also close to parks such as Chicken Park, Black Oak Park, and Cedar Park.Enjoy unparalleled convenience with easy access to transit, universities, dining, shopping, and entertainment options. Don't miss out on this exceptional investment opportunity in a highly sought-after location. Schedule a viewing today to explore its potential for lucrative returns.Schedule your exclusive tour today and seize the chance to make this property your own!

Monthly Payment Calculator

www.chesapeakebayproperties.com/homes/150363068
Print Image

245 S Hanson Street PHILADELPHIA, PA 19139

  • Price: $400,000
  • Status: Active
  • On Site: 35 Days
  • MLS #: PAPH2352012
0
Beds
0
Baths
0
½ Baths
0.04
Acres
4,200
SQFT
$95
$/SQFT
1951
Built
Neighborhood:
Walnut Hill
County:
Philadelphia
Area:
19139 (19139)
School District:
The School District Of Philadelphia
Property Description
Discover this prime investment opportunity in the bustling Walnut Hill neighborhood, featuring a five-unit building comprised of two store fronts, two 1-bedroom 1-bath apartments, and one 3-bedroom 1-bath apartment. Each unit has their own entrance adding an element of privacy that is hard to find. Situated near University City, this property is located in close proximity to prestigious universities and a plethora of amenities ensuring convenient living. Currently zoned as RM-1, allowing investors to maximum potential for income generation and equity growth. The property has been well maintained and will need cosmetic repairs in order to get the units in rent ready condition. This location is perfect for renting out to students due to its close proximity to University City which will help decrease vacancy and keep the units rented. This can be a great opportunity for someone looking to live in one unit and rent the others out to offset the mortgage and decrease living expenses. Or this can be a great property for West Philadelphia investors looking to add this to their rental portfolio. Buyer's are responsible for verifying zoning and use possibilities. A clear U&O will not be provided by the sellers.With a Walk Score of 90, daily errands are easily achievable without a car. A Transit Score of 77 suggests outstanding transit options, ensuring convenient transportation for traveling around the city. Furthermore, a Bike Score of 99 highlights excellent biking infrastructure in the area.Close-by dining options include J & P Seafood, Quick & Quality, and Pizza Plus West, among others. Nearby educational facilities comprise The Workshop School, Lea C. Henry School, and Beulah Baptist Christian Day School. Convenient grocery options include Quick Stop Deli, Fili Kale, and The Herb Nook. Just nine-minutes away from the MFL Frankford TC at the 46th St Station - MFL stop. The property is also close to parks such as Chicken Park, Black Oak Park, and Cedar Park.Enjoy unparalleled convenience with easy access to transit, universities, dining, shopping, and entertainment options. Don't miss out on this exceptional investment opportunity in a highly sought-after location. Schedule a viewing today to explore its potential for lucrative returns.Schedule your exclusive tour today and seize the chance to make this property your own!
Exterior Features

Architectural Style Other Construction Materials Masonry Exterior Features SidewalksStreet Lights Garage YN No Location Type Urban Lot Features Rear Yard Parking Types On Street Pool No Pool Roof Flat View Street Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 4200 Basement Unfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(s) Fireplace YN No Flooring WoodVinyl Heating Radiator Heating YN Yes Single Room Units 2 Spa YN No Three Bedroom Units 1 Two Bedroom Units 0

Property Features

Acceptable Financing CashConventionalOther Accessibility Features None Central Air YN No Cooling Fuel Electric Cross Street Locust St Foundation Details Stone Heating Fuel Natural GasElectric Historic YN No Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 803051322312 Ownership Interest Fee Simple Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 7101.00 Tax Lot 100 Transportation Airport less than 10 milesBus Stop less than 1 mileCommuter Rail Station less than 1 mile Vacation Rental YN No Water Source Public Zoning RM-1

 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803051322312-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803051322312-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803051322312-2.jpg
Logo
Chesapeake Bay Properties | Benson & Mangold Real Estate
31 Goldsborough Street
Easton MD, 21601