4421 Princeton Ave, Philadelphia, PA 19135

$249,999
: 4
BD
: 2
BA
: 1,216
SqFt

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List Price: $249,999
Price Change: ▼ $1 1788323491
Days on Market: 41
Status: ACTIVE
MLS#: PAPH2654866
Bedrooms: 4
Bathrooms: 2
Full Baths: 2
Living Area: 1,216
Lot Size (Acres): 0.03
Style: Straight Thru
Year Built: 1937
County: Philadelphia
School District: Philadelphia City

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Property Description

Discover the income potential of this unique property near the Mayfair border. The finished lower level is currently rented for $1,000/month, while two second-floor bedrooms rent for $500/month each. A third bedroom, currently occupied by the owner, previously rented for $600/month, creating potential total gross rent of approximately $2,600/month or $31,200/year. The lower level was previously used as a barbershop and online retail business under a City variance that has since lapsed. It is now configured as an oversized bedroom/living area with a full bathroom, two private entrances, and interior access. Recent improvements include 200-amp electrical service, newer roof, siding, gutters, brick pointing, updated plumbing, recessed lighting, and additional grounded outlets. Refrigerator, washer, and dryer are included. Great opportunity for an investor or owner-occupant looking to offset housing costs. Property is tenant-occupied and requires 24-hour notice for showings. Buyers should verify zoning, rental licensing, occupancy, and permitted use with the City of Philadelphia.

(267) 538-0054

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