Restricted Address PHILADELPHIA, PA 19143

Features

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Sale Type

Fannie Mae or Freddie Mac has foreclosed on this property because the owner couldn't meet their payments. Both are chartered by the U.S. Government to help lower-income families achieve homeownership. Special financing may be available.

Description

Unlock the potential of this prime investment opportunity, situated on a charming, tree-lined block in the thriving Garden Court neighborhood of West Philadelphia! This completely renovated and meticulously maintained triplex offers not just a property, but a growing investment opportunity. Featuring three sunlit units with modern amenities, this property has attracted consistent occupancy offering both comfort and convenience. Each unit enjoys a green view of Malcolm X Park central to community gatherings; tenants enjoy a diverse local food culture, farmers markets and unique neighborhood shops with surrounding commercial strips on Baltimore Ave and 52nd St. With easy access to public transportation, a short walk to University City and Center City only minutes away this location is perfect for tenants traveling the city and hosting a variety of lifestyles. ncommit;nnEvery detail of this triplex has been thoughtfully renovated with an open floor plan, new plumbing and updated HVAC systems, featuring contemporary finishes including stainless steel appliances, quartz countertops, dishwashers, central A/C and in-unit laundry.nnThe first-floor unit is a spacious 1-bedroom that includes a private rear patio, a sizable kitchen island, and basement access for additional storage. Unit 2 offers a mindful 2-bedroom layout with bedrooms at opposite ends, perfect for shared living arrangements, while the third unit offers a nice sized front bedroom with park views. This property is eligible for the Pathway to Prosperity $10k GRANT and 5% DOWN payment through Fannie Mae. Some buyers may qualify for the $10k Philly First Grant (must be a 1st time home buyer and Philadelphia resident).nnFully rented with potential for Owner Occupancy, this property offers immediate cash flow and a hassle-free investment. Dont miss out on this turnkey opportunity to secure a stable asset in a rapidly appreciating neighborhood!