About 8000 Algon Ave
Calling All Investors! This is a cash only sale. Don’t miss this incredible opportunity in the highly desirable Rhawnhurst section of Northeast Philadelphia. This unique property is currently set up as a triplex (zoned RSA-3) and features 6 bedrooms, 4 bathrooms, and a detached garage, all situated on a generous 0.28-acre corner lot. The property offers tremendous upside potential. Possible subdivision opportunities may allow for the construction of two sets of twin homes and one single-family home. The seller has not initiated any zoning or subdivision process. Buyers are responsible for conducting their own due diligence with the City of Philadelphia L&I at their own expense. The seller did consult with an architect who prepared a very preliminary draft illustrating potential development possibilities. Alternatively, the existing home could be renovated and updated with today’s modern finishes to maximize value. Surrounded by new construction and positioned on a large corner parcel, this property presents a rare investment opportunity in a growing area. Property is being sold strictly as-is. The seller will make no repairs and will offer no credits or price reductions. Opportunities like this don’t come around often — schedule your showing today!
Features of 8000 Algon Ave
| MLS® # | PAPH2582664 |
|---|---|
| Price | $479,900 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,280 |
| Acres | 0.28 |
| Year Built | 1925 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Cape Cod, Carriage House, Colonial, Dwelling w/Separate Living Area |
| Status | Active Under Contract |
Community Information
| Address | 8000 Algon Ave |
|---|---|
| Area | 19152 |
| Subdivision | RHAWNHURST |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19152 |
Amenities
| # of Garages | 4 |
|---|---|
| Garages | Garage - Front Entry |
| Is Waterfront | No |
Interior
| Heating | Central |
|---|---|
| Cooling | Central A/C |
| Fireplace | No |
| Stories | 3 |
| Has Basement | Yes |
| Basement | Unfinished |
Exterior
| Exterior | Frame |
|---|---|
| Construction | Frame |
| Foundation | Stone |
School Information
| District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
Additional Information
| Zoning | RSA3 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Real Estate - Newtown |
|---|