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5031 Portico Street

PHILADELPHIA, PA 19144
  • $339,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: PAPH2319724
Price Reduced
UPDATED: 27 min ago
$339,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,767
    SQFT
  • $192
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:

School Ratings & Info

School District:

Description

Welcome to 5031 Portico, a newly remodeled three-level gem nestled in the historic charm of Germantown, Philadelphia, PA 19144. This turnkey property offers a prime location adjacent to a daycare, ensuring a family-friendly atmosphere on this quiet street.The owner has recently acquired the rear lot, poised to construct an additional eight units in 2025, promising added value and potential for expansion. The first floor boasts convenient backyard access with a privacy fence, creating a serene outdoor space for relaxation.This property features two distinct units:Unit 1: 2 beds, 1 bathUnit 2: 3 bed, 1 bathA lucrative opportunity awaits investors, with Section 8 currently paying up to $1764 for two-bedroom units and $2136 for three-bedroom units, totaling a substantial annual income of up to $46,000. Moreover, the property is conveniently located just steps away from the 23 bus route, enhancing accessibility and convenience to Chestnut Hill or Center City!!!Don't miss your chance to capitalize on this promising investment in the heart of Germantown's rich history and growth.

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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: 2024-02-28T07:51:10.77.
www.crewsrealestate.com/homes/147341775
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5031 Portico Street PHILADELPHIA, PA 19144

  • Price: $339,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 27 min ago
  • ID#: PAPH2319724
0
Beds
0
Baths
0
½ Baths
0.02
Acres
1,767
SQFT
$192
$/SQFT
1915
Built
Neighborhood:
19144 (19144)
County:
Philadelphia
Area:
19144 (19144)
School District:
Philadelphia City
Property Description
Welcome to 5031 Portico, a newly remodeled three-level gem nestled in the historic charm of Germantown, Philadelphia, PA 19144. This turnkey property offers a prime location adjacent to a daycare, ensuring a family-friendly atmosphere on this quiet street.The owner has recently acquired the rear lot, poised to construct an additional eight units in 2025, promising added value and potential for expansion. The first floor boasts convenient backyard access with a privacy fence, creating a serene outdoor space for relaxation.This property features two distinct units:Unit 1: 2 beds, 1 bathUnit 2: 3 bed, 1 bathA lucrative opportunity awaits investors, with Section 8 currently paying up to $1764 for two-bedroom units and $2136 for three-bedroom units, totaling a substantial annual income of up to $46,000. Moreover, the property is conveniently located just steps away from the 23 bus route, enhancing accessibility and convenience to Chestnut Hill or Center City!!!Don't miss your chance to capitalize on this promising investment in the heart of Germantown's rich history and growth.
Exterior Features

Architectural Style Bi-level Construction Materials Stucco Garage YN No Parking Types On Street Pool No Pool Property Condition Very Good Riparian Rights YN No Roof Architectural Shingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1767 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Flooring Wood Heating Central Heating YN Yes Inclusions FridgesMicrowavesdishwashers all in as is condition Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 1

Property Features

Acceptable Financing CashFHAConventionalVA Accessibility Features None Assessment Year 2023 Central Air YN Yes Cooling Fuel None Foundation Details Concrete Perimeter Heating Fuel Natural Gas Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 802852719618 Ownership Interest Fee Simple Possession Settlement Property Sub Type Duplex Sale Type Standard Sewer Public Septic Structure Design Type Detached Tax Annual Amount 2395.00 Tax Assessment Amount 171100.00 Tax Lot 216 Vacation Rental YN No Water Source Public Zoning RSA5

Listing courtesy of KW Empower: .


©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: 2024-02-28T07:51:10.77.
 
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