613 S 52ND Street

Description

Located in the University City/West Philadelphia neighborhood, this property is zoned by the city as a duplex and is configured accordingly. It can serve as a residential family home with separate entrances or be an investment property to add to your rental portfolio. This is a fantastic opportunity to reside in one unit while renting out the other for income. The unit on the 1st floor is currently rented out for $1,000/month.The property has been updated within the last couple of years for easy maintenance, featuring new windows, a roof, kitchen, bathrooms, and hardwood floors throughout. Both units offer spacious living areas, kitchens, two bedrooms, and one bathroom, along with washer and dryer hookups. Each unit has separate utilities, including two gas meters and three electric meters. Additionally, there is an unfinished basement accessible from the outside. Only the vacant unit is available for showing until an offer is accepted. Once the offer is accepted access to the 1st unit will be arranged.Buyers are encouraged to verify the zoning independently.This property also qualifies for the CRA program, which offers a conventional loan with no mortgage insurance.With a Walk Score of 89, Transit Score of 71, and Bike Score of 93, it is conveniently located near the 34th and Market to 61st and Baltimore route at the Baltimore Avenue and 52nd Street stop. Nearby parks include Black Oak Park, Cedar Park, and Malcolm X Park, and the University of Pennsylvania, Drexel University, and the University of the Sciences are just minutes away. Enjoy great restaurants, coffee shops, and retail options along Baltimore Avenue. This home is near a number of amenities, as well as public transportation, and near UNIVERSITY CITY. Schedule your visit today!