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Philadelphia,PA 19141
Key Details
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,453 sqft
Price per Sqft $105
Subdivision Olney
MLS Listing ID PAPH2478218
Style AirLite
Bedrooms 4
Full Baths 2
Year Built 1945
Annual Tax Amount $4,746
Tax Year 2024
Lot Size 3,821 Sqft
Property Sub-Type Twin/Semi-Detached
Property Description
Attention investors and developers! This spacious 2,453 sq ft, 3-story twin home in Olney offers incredible potential under Philadelphia's "RTA-1 zoning" — a residential zoning classification that permits multi-family conversions (by right or with variance, please do your due diligence) in certain cases, making this an ideal opportunity for creating income-generating rental units or a multi-family investment.
The property features 4 large bedrooms and 2 full baths, two private balconies, an eat-in kitchen with balcony access, and an open living/dining area that lends itself to flexible reconfiguration. The basement spans the full length of the house and offers high ceilings, providing excellent space for added storage, a recreation area, or potential expansion. Plus, a new HVAC system has already been installed, giving peace of mind on major mechanicals.
Located near La Salle University, Girls' High, and Central High, this property is ideally positioned to attract student renters, faculty, or local professionals. With a rear driveway and garage, plus easy access to public transportation and area highways, you have all the ingredients for a high-demand rental or long-term investment.
Don't miss this prime opportunity to unlock value and maximize returns in one of Philadelphia's growing neighborhoods!
Location
State PA
County Philadelphia
Area 19141 (19141)
Zoning RTA1
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Central A/C
Equipment Oven/Range - Gas
Exterior
Utilities Available Electric Available,Sewer Available,Water Available,Natural Gas Available
Water Access N
Roof Type Rubber
Building
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Special Listing Condition Standard
Pets Allowed Dogs OK,Cats OK