For Sale 5851 N Hope Street, Philadelphia, PA 19120
Do you want to talk with a
CONDO Specialist?
Description
Estate Home For Sale – Prime Investment Opportunity
Property Overview:
Type: End unit row home 1418 sq ft
Condition: Sold in as-is condition. No repairs will be made by the home's executive.
* Buyers responsible for all U&O repairs and costs.
Special Feature: Spacious straight-through design
Garage: Available but currently utilized as storage space.
Investment Highlights.
Redevelopment Potential: Given its as-is condition, this property presents a prime opportunity for savvy investors or developers to renovate and capitalize on potential appreciation. With the right improvements, this home can be transformed into a high-end rental or a prime resale property.
Spacious Layout: The straight-through design is a sought-after feature, giving the home a more open feel, which can be even more emphasized with the right interior design and renovations.
Garage Space: The inclusion of a garage provides added value. It can be restored for parking or repurposed into additional living space, a workshop, or retained as storage.
Flexibility: The request for buyers to empty the property upon purchase means that you can immediately start the renovation process without delays, reducing holding costs.
Potential Uses:
Rental Property:
After renovations, the property can be turned into a rental unit, generating a steady stream of income.
Personal Residence:
For those looking for a fixer-upper to personalize and live in, this property offers the chance to shape the home according to personal tastes.
Recommendation:
For investors, developers, or homebuyers with a vision and the resources to undertake renovations, this property offers an outstanding opportunity. The as-is condition and location of the home mean that, with the right approach, there's substantial potential for return on investment. Interested parties are encouraged to conduct thorough due diligence, including inspections and a comprehensive analysis of comparable properties in the area.
Viewings are highly recommended to truly appreciate the potential of this estate home.
Inclusions: Contents of home
Amenities
- Residential
- Structure: End of Row/Townhouse
- Levels: 2
- # of Attached Carport: 1
- Total Garage/Parking: 1
- Zoning: RSA5
- Lot Size Acres: 0.03
- Lot SQFT: 1418
- Tax Total Finished SQFT: 1080
- Above Grade Fin SQFT: 1080
- Basement: Yes
- Heating: Yes
- Tax Annual Amount: $1,763
- Tax Assessed Value: $126,000
- City/Town Tax: $795
- Total Taxes Frequency: Annually
- School Tax: $967
- Heating Fuel
- Natural Gas
- Hot Water
- Electric
- Construction Materials
- Masonry
- Foundation Details
- Concrete Perimeter
- Heating Type
- Radiator
- Interior Features
- Carpet
- Formal/Separate Dining Room
- Kitchen - Country
- Kitchen - Table Space
- Other Structures
- Above Grade
- Below Grade
- Style
- Straight Thru
- Water Source
- Public
- Story List
- Lower 1
- Main
- Upper 1
- Acceptable Financing
- Conventional
- Cash
- Type Of Parking
- Alley
- Attached Carport
Listing Provided Courtesy of
Brokerage: Compass Pennsylvania, LLC
Agent: Beth L Bukata
MLS ID: PAPH2282946
5851 N Hope Street
5851 N Hope Street
Neighborhood: Olney
5851 N Hope Street Philadelphia, PA 19120
Mortgage Rates & Calculators
Nearby Similar Listings
1 - Studios Nearby
Unit | Beds | Baths | Price | Sq Ft | $ / Sq Ft | List Date | |
---|---|---|---|---|---|---|---|
3068 N Swanson Street - | 0 | 0 | $100,000 | 980 | $102.0 | 01/04/2024 |
1 - 1 Bedrooms Nearby
Unit | Beds | Baths | Price | Sq Ft | $ / Sq Ft | List Date | |
---|---|---|---|---|---|---|---|
Park Plaza 18L | 1 | 1 | $94,900 | 986 | $96.3 | 09/27/2018 |
10 - 2 Bedrooms Nearby
Unit | Beds | Baths | Price | Sq Ft | $ / Sq Ft | List Date | |
---|---|---|---|---|---|---|---|
937 N 45th Street - | 2 | 1 | $108,000 | 988 | $109.3 | 02/22/2024 | |
1859 E WISHART ST - | 2 | 1 | $96,000 | 980 | $98.0 | 12/02/2020 | |
1819 E WISHART ST - | 2 | 1 | $98,500 | 980 | $100.5 | 12/02/2020 | |
1710 SCATTERGOOD ST - | 2 | 1 | $94,900 | 1,120 | $84.7 | 10/01/2018 | |
2076 SCATTERGOOD ST - | 2 | 1 | $98,900 | 1,032 | $95.8 | 09/18/2018 | |
3750 CLARENDON AVE #223 223 | 2 | 1 | $114,900 | 1,076 | $106.8 | 09/13/2018 | |
1261 N 23RD ST - | 2 | 1 | $99,000 6.1% | 1,088 | $91.0 | 09/13/2018 | |
Park Plaza 10K | 2 | 1.5 | $97,000 | 1,140 | $85.1 | 09/03/2018 | |
4734 RISING SUN AVE - | 2 | 1 | $100,000 15.0% | 1,016 | $98.4 | 06/13/2018 | |
6665 EDMUND ST - | 2 | 1 | $114,900 | 1,058 | $108.6 | 05/21/2018 |
EXPERIENCE THE BENEFITS OF FREE & PERSONALIZED REAL ESTATE SERVICES.
- Save time and money!
- No commitments or contracts
- Get the best price!
- Neighborhood and building information
- Free Expert Advice