32 South 62nd Street
$170,000
—
2,044
2,044
$83
Description
Investor alert! This duplex presents a fantastic investment opportunity for the savvy investor with significant potential. It features two separate units: a 2-bedroom, 1.5-bathroom unit and a 3-bedroom, 2-bathroom unit. Additional amenities include one garage space, an unfinished basement, and separate utility meters for each unit. The property is zoned RM-1, legally designated as multi-family, offering excellent flexibility for rental income. While it requires a full rehab, the upside is substantial,...Investor alert! This duplex presents a fantastic investment opportunity for the savvy investor with significant potential. It features two separate units: a 2-bedroom, 1.5-bathroom unit and a 3-bedroom, 2-bathroom unit. Additional amenities include one garage space, an unfinished basement, and separate utility meters for each unit. The property is zoned RM-1, legally designated as multi-family, offering excellent flexibility for rental income. While it requires a full rehab, the upside is substantial, especially with gentrification actively transforming the surrounding area. Once renovated, the property is poised for strong cash flow, and a proforma is included to outline projected income and returns. Don’t miss this chance to capitalize on a high-potential location!
- Listed by Lay Gauv • EXP Realty, LLCP: (267)-259-6034 lay.gauv@exprealty.com
Property Details for 32 South 62nd Street
Tax ID Number
031190900
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleOther
WaterfrontNo
GarageNo
SubdivisionCOBBS CREEK
SubdivisionCOBBS CREEK (PHILADELPHIA PA)
LISTING UPDATED: 12/06/2024 11:25 AM
Property Details for 32 South 62nd Street
Status | Active |
---|---|
MLS # | PAPH2425084 |
Days on Market | 16 |
Taxes | $1,521 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1925 |
Lot Size | 0.04 AC / 1,848 SF |
County | Philadelphia County |
Building Information for 32 South 62nd Street
Stories-Residences2Year Built1925Building Size-Lot Size0.04 AC / 1,848 SF
Property Information for 32 South 62nd Street
Property History for 32 South 62nd Street
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 32 South 62nd Street
Taxable ValueLand$29,580Additions$118,320Total$147,900
Tax Record2024$2,070 ($173 / month)
Home Facts
Beds0Total Finished SqFt2,044 SqFtAbove Grade Finished SqFt2,044 SqFtStories3Lot Size1,848 SqFtStyleCondominiumYear Built1925ZoningRM1CountyPHILADELPHIAAPN03-1-1909-00
Schools near 32 South 62nd Street
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Barry Community John School PublicPK to 8 | ||
Sayre William L Middle School Public9 to 12 | ||
Overbrook Edu Center PublicK to 8 | ||
Motivation High School Public9 to 12 |
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.
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