1611 W ERIE AVE Coming Soon Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19140
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 1,728 sqft
Price per Sqft $156
Subdivision Nicetown-Tioga
MLS Listing ID PAPH2423830
Style Traditional
Abv Grd Liv Area 1,728
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $1,104
Tax Year 2024
Lot Size 1,600 Sqft
Acres 0.04
Lot Dimensions 20.00 x 80.00
Property Description
This updated duplex property located in Nicetown-Tioga neighborhood offers a fantastic investment opportunity. The building features two modern, renovated units with updated finishes and hardwood floors throughout. Unit 1, located on the first floor, includes 2 bedrooms, 1 bathroom, and is currently rented out for $850/month. The first floor also has access to a rear yard from the kitchen and a full basement for additional storage. Unit 2, on the second floor, boasts 3 bedrooms and 1 bathroom and has a living room. This unit is currently occupied by the sellers and will be delivered vacant upon closing. The property has all-new water heaters and gas heaters, installed in October 2024, and the front yard is cemented with a charming white picket fence. All the utilities in the property are separated and the seller has a rental licenses for both units making this a legal duplex. This is an excellent opportunity for an owner occupant to live in one of the units while renting the other out to help offset the monthly mortgage payment. Or this can be a good investment opportunity for for an investor looking to add a well maintained duplex to their renal portfolio. Either way this is a must see for owner occupants and investors alike.
The property is being sold in As is Condition.
The property qualifies for the CRA program, offering a conventional loan with no mortgage insurance.
With a Walk Score of 83, Transit Score of 80, and Bike Score of 52, this location offers excellent accessibility. It's just a few minutes from the Erie Station on the BSL, with quick access to the NRG Station and Fern Rock TC. Nearby, you'll find a variety of restaurants and cafes, including Soul Delicious Catering, Church Chicken, Bravo Pizza, Starbucks, and Coffee Land. The property is situated in the Tioga-Nicetown neighborhood of Philadelphia, close to parks such as Marcus Foster Memorial Stadium, Hunting Park, and Fernhill Park.
Don’t let this opportunity pass—schedule your visit today!
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning RM1
Rooms
Basement Full,Unfinished
Interior
Interior Features Built-Ins,Bathroom - Soaking Tub,Bathroom - Tub Shower,Wood Floors
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Flooring Wood,Carpet,Ceramic Tile
Inclusions Built-In Microwave, Dishwasher, Oven/Range - Gas, Refrigerator
Equipment Built-In Microwave,Dishwasher,Oven/Range - Gas,Refrigerator
Fireplace N
Appliance Built-In Microwave,Dishwasher,Oven/Range - Gas,Refrigerator
Heat Source Natural Gas
Exterior
Water Access N
View Street
Accessibility None
Garage N
Building
Lot Description Rear Yard
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 131058200
Ownership Fee Simple
SqFt Source Assessor
Security Features Window Grills
Acceptable Financing Cash,Conventional,VA,FHA
Listing Terms Cash,Conventional,VA,FHA
Financing Cash,Conventional,VA,FHA
Special Listing Condition Standard