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581 Geneva Avenue, Philadelphia, PA 19120

$145,000 Sale Pending

  • For Sale
  • Pending
  • Triplex
  • Updated 7 days ago
581 Geneva Avenue, Philadelphia, PA 19120View this property at 581 Geneva Avenue, Philadelphia, PA 19120
581 Geneva AvenuePhiladelphiaPA19120

Property Description

GREAT INVESTMENT OPPORTUNITY! This double unit is a fantastic chance to own an income producing property! This multi-use duplex and convertible commercial space features one 1-bedroom unit & one 2-bedroom unit with shared laundry room and backyard deck. The lower storefront unit is currently being used as a studio but can be converted back to a commercial space. This space was once used as a grocery store, but could also be utilized as an office, retail space, barber, small restaurant or coffee shop. This property offers so many opportunities! Live in one duplex and rent out the other for additional income while you run your business from the lower storefront OR rent both the studio and the second duplex OR rent out all three. You can even
combine both units for one large home with your business just steps below you on street level with a high visible location on a large corner lot for accessibility from intersecting streets. Move right in or invest and add to your property portfolio!

Full Property Detailsfor 581 Geneva Avenue

General

  • Price: $145,000
  • Taxes: $1,757 (2018)
  • Status: Pending
  • Type: Triplex
  • MLS ID: 1000268646
  • Updated: 4/16/2018
  • Added: 41 day(s) ago

Property History

  • 581 Geneva Avenue, Philadelphia, PA
  • Listed at $145,000 on 3/14/18

Business

  • Includes: Land Only

Rooms

Bedrooms

  • Master Bedroom: Unspecified

Other Rooms

  • Laundry: Common

Parking

  • Parking Features: Street

Location

  • Area: 19120 (19120)
  • County: Philadelphia
  • Development Name: Olney
  • Subdivision: Olney
  • Cross Streets: Marwood Rd

School Information

  • School District: The School District Of Philadelphia

Heating & Cooling

  • Cooling Type: Wall Unit
  • Heating Type: Gas, Radiator
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Other
  • Structure Type: Row/Townhouse
  • Construction: Brick
  • Basement Desc.: None
  • Year Built: 1942
  • Year Built Source: Estimated

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 3

Unit 1

  • Unit Description: Unit 1
  • Total Bathrooms: 1

Unit 2

  • Unit Description: Unit 2
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Unit Description: Unit 3
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.02
  • Lot Size (Sq. Ft.): 948
  • Lot Dimensions: 15 x 63
  • Zoning: RSA5

Financial Considerations

  • Price Per Sq. Ft.: $120.83
  • Tax w/Assessment: $125,500
  • Tax Amount: $1,757
  • Tax Year: 2018

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot: 134

Listed by HomeSmart Realty Advisors, Danyer Paulino

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Schools

Schoolsserving 581 Geneva Avenue

School District:The School District Of Philadelphia
School Name
Grades
Distance
Olney Elementary School
5301 N Water St, Philadelphia, PA 19120
K-8
0.4 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 581 Geneva Avenue

Listed by HomeSmart Realty Advisors, Danyer Paulino

581 Geneva Avenue, Philadelphia, PA 19120 (MLS# 1000268646) is a Triplex property with 0 bedrooms and 0 full bathrooms. 581 Geneva Avenue is currently listed for $145,000 and was received on March 14, 2018. Want to learn more about 581 Geneva Avenue? Do you have questions about finding other Triplex real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.