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Simone Velvel

simone@thevelvelgroup.com +1(703) 507-7614

Listed by Matthew Albright • Re/Max One Realty

$525,000

Est. payment - /mo

5 Beds

3 Baths

2,700 SqFt

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $194

Subdivision Burholme

MLS Listing ID PAPH2609938

Style Victorian

Bedrooms 5

Full Baths 3

HOA Y/N N

Abv Grd Liv Area 2,700

Year Built 1957

Annual Tax Amount $5,081

Tax Year 2026

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 40.00 x 171.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Prime Investment Opportunity - Discover a rare opportunity for investors and owner-occupants alike with this well-maintained, income-producing mixed-use (CMX-1) property in Northeast Philadelphia. Fully move-in ready and thoughtfully maintained, this property is ideal for both generating rental income and enjoying personal occupancy. Property Highlights: 4 separate units in the main residence, each with its own unique charm and separate utilities—perfect for simplified management and tenant independence. Classic Features including original hardwood flooring, ceramic tile bathrooms, and convenient laundry access. A spacious basement offers the opportunity to create a fourth unit, enhancing the property's income-generating capabilities. Ample Parking, Private driveway with space for eight vehicles, plus a two-car detached garage equipped with heat, electricity, and water—ideal for additional rental income, storage or a workshop. Welcoming outdoor space offers a charming covered front porch adds curb appeal and provides a relaxing retreat. Prime location situated in a highly accessible area close to public transportation, shopping, dining, and local amenities, within a vibrant and established community. Whether you're looking to expand your investment portfolio or find a home with income potential, this property offers flexibility, character, and financial upside. Don't miss out—contact our agent today to schedule your private tour!

Location

State PA

County Philadelphia

Area 19111 (19111)

Zoning CMX1

Rooms

Basement Rear Entrance

Main Level Bedrooms 2

Interior

Interior Features Wood Floors

Hot Water Natural Gas

Heating Baseboard - Hot Water, Forced Air

Cooling Central A/C, Window Unit(s)

Flooring Carpet, Ceramic Tile, Hardwood

Fireplace N

Window Features Replacement

Heat Source Natural Gas

Laundry Basement

Exterior

Exterior Feature Porch(es)

Parking Features Additional Storage Area, Garage - Front Entry, Garage Door Opener, Oversized

Garage Spaces 10.0

Utilities Available Cable TV Available

Water Access N

Roof Type Shingle

Accessibility Level Entry - Main

Porch Porch(es)

Total Parking Spaces 10

Garage Y

Building

Story 3

Foundation Concrete Perimeter

Above Ground Finished SqFt 2700

Sewer Public Sewer

Water Public

Architectural Style Victorian

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Senior Community No

Tax ID 353261000

Ownership Fee Simple

SqFt Source 2700

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

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Nearby Locations

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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7111 RISING SUN AVE Philadelphia, PA 19111