4400 Decatur St
PHILADELPHIA, PA 19136

Description

Are you looking for a real money maker; a property that is going to leave you with real nice Positive Cash Flow every month? Then you have to checkout one of nicest investment properties in all of Northeast Philadelphia. This newly remodeled property features nearly 3,500 square feet, 6 big bedrooms, 3 full bathrooms, very large living room and dining room and a large 3rd floor that can be turned into additional bedrooms, studios or offices. Property is zoned RSA-3 with a variance for a Boarding Home / Boarding House. The gross income potential with this property is Huge!!! Depending on how you use the property, your gross income should be $4,000 to 5,000 per month or much higher!!! With the Boarding Home Zoning you can Rent by the Room, operate a Recovery House, start your own Communal Living Home, Assisted Living, Daycare, there are many other uses for a property like this. The possibilities are endless! Renovations were just completed and this Gem of a property features large eat-in kitchen with New Maple Cabinets, Granite Countertops, Glass Tile Backsplash, Ceramic Tile Floor and a 4 Piece Stainless Steel Appliance set (range, refrigerator, dishwasher and overhead microwave). New Solid Hardwood (Gunstock Oak) has been installed on the entire first floor and new carpeting was installed throughout the second floor. Most windows are newer replacement windows. The heater is in very good shape. Roof is also in good shape and was recently maintenanced and comes with warranty. Bathrooms were updated with new flooring, vanities and fixtures. New front and back doors were installed. This house has a hardwired fire alarm system, exit signs and fire escape. Entire home was painted throughout. This incredible property also features very nice yards and secluded patios. Property is close to public transportation and major highways and is just 20 minutes from Center City Philly. Also for sale is a 45'x85' building lot directly behind the back patio. The address for the lot is 7821 Cottage St. Phila.19136 (MLS# 7168513). The current asking price for the lot is 49,900. Properties can be sold separately or together? check them both out and let's make package deal! The driveway on the side of the house is part of 4400 Decatur St., but the garage at the end of the driveway is part of 7821 Cottage. 4400 Decatur is close to shopping, public transportation, major highways and parks, playgrounds. Don't let this opportunity pass you by!

Details

MLS#1002014444
StyleIndustrial
Sub-TypeResale
StatusActive
Year1960
Days On Site10

Features

SQ Feet3,486
Story(s)0
ZoningRSA3

Market Activity 19136

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19136
Area19136 (19136)
Listing VS Median (in 19136)
Price:
$269,900
low | high
Med:
$168,000
87.754723971841% of Average
SqFt:
3,486
low | high
Med:
1,152
100% of Average
$ / SqFt:
$77
low | high
Med:
$146
38.356798814375% of Average
On Site:
10
low | high
Med:
4
100% of Average
Listing Updated: 07/20/2018
MLS Number: 1002014444
Listing Provided By:
Joanne D Kratz  of  HomeSmart Realty Advisors

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