209 S 60TH Street Philadelphia, PA 19139 Municipality: Philadelphia

This CMX3-zoned 2700sqft row home with an unfinished basement presents a lucrative investment opportunity, featuring a first-floor commercial unit with a pro forma rental rate of $1,500 to $2,000 per month, along with four legally zoned one-bedroom residential units upstairs, each offering rental po...tential between $900 and $1,000 per month. While structurally sound as verified by a structural engineer, the property does require a full renovation. Located in an Opportunity Zone, it provides potential tax-deferred benefits and a high ROI. The area is also seeing significant improvement initiatives led by HUD. This property will be available soon, and only cash or construction loans will be accepted. Showings are by appointment only, flash light is needed, please with additional time needed for seller response. Continue reading