Address
6010-12 Drexel Road, Philadelphia, PA
Price
$ 395,000
Property Attributes
- MLS#PAPH2357114
- TypePending
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19131
- NeighborhoodOverbrook Farms
- Zip19131
- Style
- Year Built1920
- Taxes$ 8149
- Price$ 395,000
- Bedrooms8
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.63 Acres
Data Source:
Bright MLS
Property Description
Attention Developers/ Contractors: This expansive property at 6010-6012 Drexel Road needs a complete rehab. It is set on a double corner lot with over .6 acres (see survey attachment) in Philly's quiet Overbrook Farms neighborhood, right near St Joseph's University. It has a huge multi-family property, previously used as 5 apartments, offering a fantastic investment opportunity and room enough to construct several new homes making it a developers dream! The structure was originally built in stone and still maintains that facade. The current layout features three 1-bedroom apartments, one 2-bedroom apartment, and one 3-bedroom apartment, each with 1 full bathroom and a kitchen. Modern updates and repairs could be combined with its abundant space and original character to create a one-of-a-kind single-family home or high-producing rentals in this sought-after location. In addition to the historic building, the expansive lot would provide ample parking and room for possible new construction of 2-4 homes with resales of over $600,000.00. 6010-6012 Drexel Rd is close to popular shopping centers with stores like Whole Foods, Trader Joe's, and Target. Lankenau Medical Center is minutes away, plus there's easy access to public transit, Lancaster Ave, City Ave, Delaware County, and Montgomery County. Schedule your showing today! The sale is being overseen/ monitored by a conservatorship/ legal custodian to address and remedy outstanding violations, which include cleaning up the grounds and repairing the roof. A list of repairs are attached. Upon purchase, the buyers will assume responsibility for these repairs. All offers due by tomorrow, 5/29 at 5PM.
| Price History | |
|---|---|
| 5/21/2024 | Listed $395,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | None |
| Cooling | None |
| Possession | Settlement |
| Zoning | RSD3 |
| Architectural Style | Other |
| Construction Materials | Masonry |
| Year Built | 1920 |
| Property SubType | Other |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | None |
| Accessibility | None |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Multi-Family |
| Subdivision Name | OVERBROOK FARMS |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | PENDING |
| Directions | South on City Avenue,East on Drexel Road |
| ModificationTimestamp | 2024-05-30T11:00:27 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 3 |
| NumberOfUnitsTotal | 4 |
| MLS Area | 19131 (19131) |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 27394.00 |
| Tax Assessed Value | 582200.0 |
| Waterfront Y/N | No |
| Street Name | DREXEL |
| Tax Annual Amount | 8149.0 |
| Two Bedroom | 1 |
| Structure Type | Detached |
| One Bedroom Units Count | 3 |
| Price Per Sq Ft Total | 26.98 |
| Vacation Rental Y/N | No |
| Total SQFT | 14640 |
| Days on Market | 10 |
| Standard Status | Pending |
| Year Built Source | Assessor |
| Tax Lot | 22 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | None |
|---|---|
| Basement | Unfinished |
| Hot Water | None |
| Basement (Y/N) | Yes |
| Fireplace Y/N | No |
| Street Suffix | ROAD |
| Central Air Y/N | No |
| LivingAreaSource | Assessor |
| Three Bedroom Units Count | 1 |
Exterior Features
| Pool | No Pool |
|---|---|
| Water Source | Public |
| Total Parking Spaces | 12 |
| Type of Parking | Driveway |
| Land Use Code | CA0 |
| Foundation Details | Stone |
| Water View Y/N | No |
| Lot Dimensions | 0.00 x 221.00 |
| Lot Size Acres | 0.63 |
| Lot Size Source | Assessor |
| Land Assessed Value | 174660.00 |
| 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 Pending Average in 19131
Price
Taxes
Visits
Year Built
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