1716 Bridge St Philadelphia, PA 19124
Multi-Family (2-4 Units)
MLS #: PAPH2383150
Courtesy Of Long & Foster Real Estate
Property InformationDescription
BACK ON THE MARKET! The buyer could not obtain financing so you have another chance at starting your real estate investment career with a CASH COW multi-unit investment property in the Frankford section of Philadelphia. 12% cap rate!! Being sold 25k below the assessed value! Zoned as a duplex. Current owner made significant improvements including new kitchens, upgraded bathrooms, new flooring and much more. Potential gross monthly income is approximately $3500 by renting rooms individually. Currently, there are two rooms for rent on the first floor and three rooms for rent on the second floor. It can also be converted back to a duplex if the new owner so desires. Or the new owner could live on the first floor and rent out the three rooms on the second floor. New construction starting in the area only a few blocks away. If you want to quit your J.O.B., this property will yield a high rate of return. The seller is a licensed realtor and is highly motivated to sell. Cash deals preferred. Property being sold AS IS.
Features
- Age: Over 50 Years Old
- Amenities: Dock, Ceiling Fan
- Architecture Style: Other
- Cooling System: Window Unit(s) A/C
- Exterior Type: Brick
- Floor Covering: Vinyl
- Heating System: Hot Water, Radiator
- Lot Size: 0.01 Acres
MAP & DIRECTIONS
School Information
1716 Bridge St, Philadelphia, PA 19124
Elementary School
Grades KG-6 |
Public School
MASTERY CHARTER SCHOOL AT SMEDLEY ELEMENTARY
Philadelphia, PA 19124
1790 Bridge St
215.537.2525
Distance: 0.1 mi
School Rating
C
Student:Teacher Ratio
16:1
Total Students
784
Middle School
N/A
High School
Grades 9-12 |
Public School
FRANKFORD HIGH SCHOOL
Philadelphia, PA 19124
5000 Oxford Ave
215.400.7200
Distance: 0.6 mi
School Rating
D+
Student:Teacher Ratio
14:1
Total Students
898
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| James J. Sullivan School | 0.5 mi | Public | KG-5 | F |
| Warren G. Harding Middle School | 0.6 mi | Public | 6-8 | C- |
| William H. Ziegler Elementary School | 0.6 mi | Public | KG-8 | C- |
| The Philadelphia Charter School For Arts And Science | 0.7 mi | Public | KG-8 | C- |
| Frankford Friends School | 0.8 mi | Private | PK-8 | |
| John Marshall Elementary School | 0.8 mi | Public | KG-5 | F |
| Allen M. Stearne School | 0.8 mi | Public | KG-8 | D- |
| Henry W. Lawton Elementary School | 0.9 mi | Public | KG-5 | C- |
| Ethan Allen School | 0.9 mi | Public | KG-8 | C |
| First Philadelphia Preparatory Charter School | 1.0 mi | Public | KG-12 | C |
| St Martin Of Tours School | 1.0 mi | Private | PK-8 | |
| Maritime Academy Charter School | 1.0 mi | Public | 1-12 | B- |
| Blessed Trinity Regional Catholic School | 1.0 mi | Private | PK-8 | |
| Northwood Academy Charter School | 1.0 mi | Public | KG-8 | B- |
| Franklin Towne Chs | 1.1 mi | Public | 9-12 | A- |
| The Bridge | 1.1 mi | Private | 9-12 | |
| Gilbert Spruance Elementary School | 1.1 mi | Public | KG-8 | C+ |
| Laura H. Carnell School | 1.3 mi | Public | KG-5 | D+ |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Philadelphia, PA 19124
| Median Age: | 33.4 |
|---|---|
| Married: | 25% |
| Number of Households: | 22,368 |
| Households with Children: | 39.5% |
Philadelphia, PA 19124
Demographic Data
-
Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
Copyright © 2024 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.
