About 274-76 S 58th St
Welcome to 274-276 St in bustling Cobbs Creek! This fully renovated 6-unit apartment building offers an exceptional investment opportunity in the thriving Cobbs Creek neighborhood. Built in 1925 and renovated in 2021, the property features six modern two-bedroom apartments, each designed with comfortable layouts and contemporary finishes that are sure to attract renters seeking stylish and functional living spaces. Adding laundry facilities, whether in-unit or coin-operated in the basement, provides a clear opportunity to further enhance tenant satisfaction and increase rental income. Additionally, the property is located just four blocks from SEPTA’s Market-Frankford Line, offering convenient access to the rest of Philadelphia. This property is situated in an area experiencing increased demand, with growing interest from renters seeking a vibrant community. Investors will benefit from the property’s prime location near local shops, parks, and amenities, making it an appealing choice for tenants and ensuring long-term investment security. Furthermore, the property is an excellent candidate for PHA/Section 8 vouchers. Please complete your independent due diligence around this. With its modern features, strong rental market, and long-term equity growth potential, this property is a valuable addition to any investor’s portfolio. Don't miss the chance to capitalize on this opportunity in the heart of West Philly!
Features of 274-76 S 58th St
| MLS® # | PAPH2458714 |
|---|---|
| Price | $985,000 |
| Bathrooms | 0.00 |
| Square Footage | 7,770 |
| Acres | 0.09 |
| Year Built | 1925 |
| Type | Commercial Sale |
| Sub-Type | Five Or More Units |
| Status | Active |
Community Information
| Address | 274-76 S 58th St |
|---|---|
| Area | 19139 |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19139 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central A/C |
| Fireplace | No |
| Has Basement | No |
Exterior
| Foundation | Other |
|---|
School Information
| District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
Additional Information
| Zoning | RM1 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Main Line |
|---|---|
| Contact Info | 6105200100 |