South Jersey Real Estate Investors Association


2626 N 17th St, Philadelphia, PA 19132

Single Family / 6 Bedroom(s) / 3 Bath(s)

Property Status: Available (Wholesale) |  For Sale: $50,000.00


Property Photos


Low-Priced Three-Story North Philly Gut Job Perfect for a Savvy Investor


Property Status:
This Property is currently...
  • Status: Available (Wholesale)
  • For Sale: $50,000.00
Property Details:
Single Family / 6 BR / 3 BA
Property Style:
Three Level Split
Year Built:
1915
Finished Sq Ft:
2,080
Basement:
Unfinished Basement
Owner / Agent:
Wholesale
Property Features:
No Property Features Listed.
Contact Info
Cerrone Investments LLC
(267) 796-8946

View on Individual's Website
Property Description:
This property is located in an up-and-coming neighborhood in North Philadelphia conveniently located approximately one mile away from Temple University. Permits are needed for a complete rehab of this large home. An extensive cleanout is needed and joists need to be replaced throughout. There is a tree growing through the rear wall which needs to be removed and stabilized. The property has a 1,000-foot rear lot and is priced for the ideal flip or an attractive rental. The home is zoned RSA-5, was used as a triplex, and can be remodeled as a single-family residence with a finished basement or possibly converted to 4 units including the basement. The train station on the next block is being converted to a highspeed direct line to NYC which would prove beneficial for a buy and hold investor.

Additional pictures: drive.google.com/drive/folders/1MXqigO5ir2MMla-pLXuGOCgOPnrDz3D5?usp=sharing

ARV: $384K
Est. Rehab: $150-$175K
Asking: $50K

Comps:

redfin.com/PA/Philadelphia/1719-Arlington-St-19121/home/38848009

redfin.com/PA/Philadelphia/1813-N-Bouvier-St-19121/home/38851213

redfin.com/PA/Philadelphia/2124-N-17th-St-19121/home/38851205

Projected Rental Income:
Average - $2,775/month
Median - $3,000/month

Please feel free to contact me with additional questions or to schedule a viewing.

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

South Jersey Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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South Jersey Real Estate Investors Association

PO Box 689
Marlton, NJ 08053
(856) 663-1133

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