Price Reduction
Address
2656 S Shields Street, Philadelphia, PA
Price
$ 157,700
Property Attributes
- MLS#PAPH2336086
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19142
- NeighborhoodElmwood Park
- Zip19142
- StyleStraight Thru
- Year Built1925
- Taxes$ 2203
- Price$ 157,700
- Bedrooms2
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.03 Acres
Data Source:
Bright MLS
Property Description
HUGE PRICE REDUCTION!!Attention Investors! A Lucrative Opportunity Awaits in the Elmwood Park Area at 2656 Shields St, Calling for Its Next Landlord! This multi-family property promises excellent cash flow potential with its 2 units. Upon entering, you'll immediately notice the well-maintained floors complemented bythe good condition of the walls. Each unit boasts a kitchen adorned with lovely Formica countertops. Unit 1 comprises 1 bedrooms and 1 bathroom on the first floor, and Unit 2 also features 2 bedrooms and 1 bathroom. With its strategic layout, this property holds tremendous potential, especially with the current upward trend in rental rates, enabling the new owner to generate substantial monthly passive income. Moreover, its location offers easy access to public transportation, shopping, and dining options, making it a great investment opportunity. Don't let this chance slip away! As a seasoned real estate professional, I stand ready to guide you through the exciting journey of exploring this investment further.
| Price History | |
|---|---|
| 4/15/2024 | Listed $167,700 |
| 5/2/2024 | 6% - $157,700 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | None |
| Possession | Negotiable |
| Roof | Flat |
| Zoning | RM1 |
| Architectural Style | Straight Thru |
| Construction Materials | Masonry |
| Year Built | 1925 |
| Property SubType | Duplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | None |
| Accessibility | None |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Multi-Family |
| Subdivision Name | ELMWOOD PARK |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | On Shields St between Dicks Ave & Buist Ave. |
| ModificationTimestamp | 2024-05-18T11:29:08 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 3 |
| Total Units | 2 |
| MLS Area | 19142 (19142) |
| Lot Size Square Feet | 1472.00 |
| Tax Assessed Value | 157400.0 |
| Waterfront Y/N | No |
| Street Name | SHIELDS |
| Tax Annual Amount | 2203.0 |
| Home Warranty Y/N | No |
| Two Bedroom | 1 |
| Structure Type | Interior Row/Townhouse |
| Single Room Units Count | 1 |
| Price Per Sq Ft Total | 164.27 |
| Acceptable Financing | Cash,Conventional,FHA,VA |
| Vacation Rental Y/N | No |
| Total SQFT | 960 |
| Days on Market | 34 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 102 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Basement | Other |
| Hot Water | Electric |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | No |
| LivingAreaSource | Assessor |
Exterior Features
| Pool | No Pool |
|---|---|
| Water Source | Public |
| Type of Parking | On Street |
| Land Use Code | U30 |
| Foundation Details | Other |
| Spa | No |
| Water View Y/N | No |
| Lot Dimensions | 16.00 x 92.00 |
| Lot Size Acres | 0.03 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 31480.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 19142
Price
Taxes
Visits
Year Built
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