450 Lyceum Avenue Philadelphia, PA 19128
Listing Courtesy of: BRIGHT IDX / Conshohocken / Hameed Dah Dahee
$750,000

  450 Lyceum Avenue Philadelphia, PA 19128

Active (60 Days)

Description

EXCEPTIONAL OPPORTUNITY: This four-unit apartment building located in a highly-desired neighborhood of Roxborough offers one spacious two-bedroom and three one-bedroom apartments each with tons of characters and historic charms and all units are in very good shape and the basement has a coin-operated laundry and also a huge storage for each unit and a half bath in public area. There are 4 parking spaces in the back of the building with a two-car garage (separately rented for $450) at the front. This corner gem, designated historic by the City of Philadelphia early 2022, currently generates around $70000 in annual rent. The building is fully occupied with great tenants and has no vacancies during the Seller’s ownership and unbelievably rented out in less than 2 weeks. There is a great potential to increase the property cashflow by easily converting part of the huge porch into a bedroom in unit 2. This beauty is step away from Ridge Ave with tons of stores and restaurants and there is a bus stop conveniently located at the front of property and a short drive to main Street Manayunk and easily accessed from I76 and 20m drive to center city or the Mainline. This turnkey investment will not last. Schedule your tour today and because the units are fully occupied, it requires 24-hour notice to show. Please note that the city of Philadelphia has conducted a tax reassessment effective Jan 2023 and accordingly, the buyer agent is responsible for informing clients of 2023 taxes.

MLS #:
PAPH2146676
Taxes
$6,824(2022)
Lot Size
6,500 SQFT
Type
Multifamily
Year Built
1900
Style
Other
School District
The School District of Philadelphia
County
Philadelphia County
Bathroom Details
Property Features
  • Below Grade
  • Above Grade
  • Foundation: Other
Heating and Cooling
  • Hot Water
  • Wall Unit
Basement Information
  • Unfinished
Flooring
  • Hardwood
  • Carpet
Exterior Features
  • Stone
  • Roof: Slate
  • Roof: Flat
Utility Information
  • Sewer: Public Sewer
  • Fuel: Natural Gas
Parking
  • Private
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Coldwell Banker Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.