ResultsBackNext

245 S Hanson St
University CityPhiladelphiaPA 19139

$400,000
Reduced
Tools
Size
3
Bedrooms
1,748 Sq Ft.
interior
Financial
$400,000
Change Currency
$229
Price Per Sqft
$7,101
Annual taxes
Listing Details
Other
Property type
1951
Year Built
8855832
Web Id
2760645-PAPH2352012
MLS ID
20
Days Posted

Description

245 S Hanson St, Philadelphia, PA 19139

Discover this prime investment opportunity in the bustling Walnut Hill neighborhood, featuring a five-unit building comprised of two store fronts, two 1-bedroom 1-bath apartments, and one 3-bedroom 1-bath apartment. Each unit has their own entrance adding an element of privacy that is hard to find. Situated near University City, this property is located in close proximity to prestigious universities and a plethora of amenities ensuring convenient living. Currently zoned as RM-1, allowing investors to maximum potential for income generation and equity growth. The property has been well maintained and will need cosmetic repairs in order to get the units in rent ready condition. This location is perfect for renting out to students due to its close proximity to University City which will help decrease vacancy and keep the units rented. This can be a great opportunity for someone looking to live in one unit and rent the others out to offset the mortgage and decrease living expenses. Or this can be a great property for West Philadelphia investors looking to add this to their rental portfolio. Buyer's are responsible for verifying zoning and use possibilities.With a Walk Score of 90, daily errands are easily achievable without a car. A Transit Score of 77 suggests outstanding transit options, ensuring convenient transportation for traveling around the city. Furthermore, a Bike Score of 99 highlights excellent biking infrastructure in the area.Close-by dining options include J & P Seafood, Quick & Quality, and Pizza Plus West, among others. Nearby educational facilities comprise The Workshop School, Lea C. Henry School, and Beulah Baptist Christian Day School. Convenient grocery options include Quick Stop Deli, Fili Kale, and The Herb Nook. Just nine-minutes away from the MFL Frankford TC at the 46th St Station - MFL stop. The property is also close to parks such as Chicken Park, Black Oak Park, and Cedar Park.Enjoy unparalleled convenience with easy access to transit, universities, dining, shopping, and entertainment options. Don't miss out on this exceptional investment opportunity in a highly sought-after location. Schedule a viewing today to explore its potential for lucrative returns.Schedule your exclusive tour today and seize the chance to make this property your own!

Amenities

  • Vinyl Flooring
  • Wood
  • Other

Price HistoryView all +

datePricevariancetype
5/10/2024$400,000-Listed
4/26/2024$450,000-off market
4/12/2024$450,000-Listed
3/24/2024$550,000-off market
3/19/2024$550,000-Contract
2/7/2024$550,000 15.79 %increased
2/5/2024$475,000 13.64 %decreased
12/16/2023$550,000 28.57 %decreased
9/12/2023$770,000-Listed
Listing By: RE/MAX @ HOME via Data Source: Bright MLS 
listing agent: Maria Quattrone


Located at 245 S Hanson St, Philadelphia, Pennsylvania 19139, University City neighborhood, this Other is for Sale with a price of $400,000 USD. The property was built in 1951, includes 3 bedrooms,. This listing has 1,748 Sq.Ft. of interior space. See all Homes for Sale in University City.
Contact Agent