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3414 G Street

PHILADELPHIA, PA 19134
  • $149,999
  • STATUS: Active Under Contract
  • ON SITE: 41 Days
  • ID#: PAPH2343698
Under Contract
UPDATED: 70 min ago
$149,999
  • 3
    BEDS
  • 0.02
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 1,260
    SQFT
  • $119
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
1920
County:

School Ratings & Info

School District:

Description

For investors or homeowners looking to expand their portfolio or find a new residence, this property in the heart of North Philadelphia sounds like a promising opportunity. Here are a few considerations:1. **Location**: Being situated in North Philadelphia can be advantageous, especially if it's in an area experiencing growth or revitalization. Research the neighborhood trends, amenities, and potential for appreciation in property value.2. **Current Rental Income**: If the property is currently rented month-to-month, it's generating immediate income. Evaluate the rental income against expenses like maintenance, taxes, and insurance to determine the property's cash flow.3. **Potential for Vacancy**: While the property is rented now, the flexibility to deliver it vacant provides options. You could either move in yourself or undertake renovations to attract higher-paying tenants.4. **Condition**: It's a plus that the property is well-kept. This reduces immediate renovation costs and attracts potential tenants or buyers.5. **Size and Layout**: With 3 bedrooms and 1 bathroom, the property likely appeals to families or individuals seeking shared living arrangements. Consider the demand for this type of housing in the area.6. **Market Analysis**: Conduct a thorough market analysis to understand rental rates, vacancy rates, and property prices in the area. This helps in assessing the property's potential for long-term profitability or appreciation.7. **Long-Term Goals**: Determine whether this property aligns with your investment or homeownership objectives. Are you looking for steady rental income, property appreciation, or a place to call home?8. **Financial Considerations**: Assess your financial situation, including available capital for down payment or renovations, financing options, and potential return on investment.Before making any decisions, it's crucial to conduct due diligence, perhaps with the help of a real estate agent or investment advisor, to ensure the property aligns with your goals and fits within your overall investment strategy.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Crews Real Estate | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-05-29T22:57:43.41.
www.crewsrealestate.com/homes/149287694
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3414 G Street PHILADELPHIA, PA 19134

  • Price: $149,999
  • Status: Active Under Contract
  • On Site: 41 Days
  • Updated: 70 min ago
  • ID#: PAPH2343698
3
Beds
1
Baths
1
½ Baths
0.02
Acres
1,260
SQFT
$119
$/SQFT
1920
Built
Neighborhood:
Philadelphia (North)
County:
Philadelphia
Area:
19134 (19134)
School District:
Philadelphia City
Property Description
For investors or homeowners looking to expand their portfolio or find a new residence, this property in the heart of North Philadelphia sounds like a promising opportunity. Here are a few considerations:1. **Location**: Being situated in North Philadelphia can be advantageous, especially if it's in an area experiencing growth or revitalization. Research the neighborhood trends, amenities, and potential for appreciation in property value.2. **Current Rental Income**: If the property is currently rented month-to-month, it's generating immediate income. Evaluate the rental income against expenses like maintenance, taxes, and insurance to determine the property's cash flow.3. **Potential for Vacancy**: While the property is rented now, the flexibility to deliver it vacant provides options. You could either move in yourself or undertake renovations to attract higher-paying tenants.4. **Condition**: It's a plus that the property is well-kept. This reduces immediate renovation costs and attracts potential tenants or buyers.5. **Size and Layout**: With 3 bedrooms and 1 bathroom, the property likely appeals to families or individuals seeking shared living arrangements. Consider the demand for this type of housing in the area.6. **Market Analysis**: Conduct a thorough market analysis to understand rental rates, vacancy rates, and property prices in the area. This helps in assessing the property's potential for long-term profitability or appreciation.7. **Long-Term Goals**: Determine whether this property aligns with your investment or homeownership objectives. Are you looking for steady rental income, property appreciation, or a place to call home?8. **Financial Considerations**: Assess your financial situation, including available capital for down payment or renovations, financing options, and potential return on investment.Before making any decisions, it's crucial to conduct due diligence, perhaps with the help of a real estate agent or investment advisor, to ensure the property aligns with your goals and fits within your overall investment strategy.
Exterior Features

Architectural Style Straight Thru Construction Materials Masonry Garage YN No Parking Types None Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1260 Basement Partially Finished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Heat Pump(s) Exclusions tenants belongings Fireplace YN No Heating 90% Forced Air Heating YN Yes Levels 2 Upper Level1 Bedrooms 3

Property Features

Accessibility Features None Association YN No Central Air YN No Condo YN No Cooling Fuel Electric Cross Street Ontario and Tioga Foundation Details Brick/Mortar Heating Fuel Natural Gas Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Original MLSNumber 802997502530 Ownership Interest Fee Simple Sale Type Standard Senior Community YN No Sewer Public Septic Structure Design Type Interior Row/Townhouse Tax Annual Amount 949.00 Tax Lot 104 Vacation Rental YN No Water Source Public Zoning RSA5

Listing courtesy of Compass Pennsylvania, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Crews Real Estate | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-05-29T22:57:43.41.
 
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