1611 West Erie Avenue
$270,000
—
1,728
1,728
$156
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...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!
- Listed by Maria Maria Quattrone Quattrone • RE/MAX @ HOMEP: (215)-607-3523 thelistingteam@liveloveathome.com
- Listed by Tonya M Knight • RE/MAX @ HOMEP: (215)-515-4391 tknight@liveloveathome.com
Property Details for 1611 West Erie Avenue
Tax ID Number
131058200
OwnershipFee Simple
Structure TypeTwin/Semi-Detached
StyleTraditional
WaterfrontNo
ViewsStreet
GarageNo
Expected On Market Date12-09-2024
LISTING UPDATED: 12/16/2024 11:51 AM
Property Details for 1611 West Erie Avenue
Status | Active |
---|---|
MLS # | PAPH2423830 |
Days on Market | 22 |
Taxes | $1,104 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1930 |
Lot Size | 0.04 AC / 1,600 SF |
County | Philadelphia County |
Building Information for 1611 West Erie Avenue
Stories-Residences2Year Built1930Building Size-Lot Size0.04 AC / 1,600 SF
Property Information for 1611 West Erie Avenue
Property History for 1611 West Erie Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1611 West Erie Avenue
Taxable ValueLand-Additions-Total-
Tax Record2024$66 ($5 / month)
Home Facts
Beds4Total Finished SqFt1,728 SqFtAbove Grade Finished SqFt1,728 SqFtStories2Lot Size1,600 SqFtStyleCondominiumYear Built1930ZoningRM1CountyPHILADELPHIAAPN13-1-0582-00
Schools near 1611 West Erie Avenue
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
MASTERY CS - CLEVELAND ELEMENT CharterK to 8 | ||
Dobbins Avt High School Public9 to 12 | ||
Kenderton Elementary School PublicK to 8 | ||
Fitler Academics Plus PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Neighborhood Map and Transit
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