2408 West Lehigh Avenue

Philadelphia PA 19132

3052 sq. ft.

1564 sq. ft.

Townhouse

Currently for sale - view listing

Overview

**Investor Alert** This is the property you have been looking for. It needs a full rehab and has tons of potential for the right investor. Bring a flash light and be careful. There are no utilities on. Enter through the front door on Lehigh and walk up 5 steps to the first floor that can be turned into an open concept living- dining- kitchen with a full bathroom and 2 bonus rooms with closets. Head upstairs to a huge open space 3 bedrooms and 1 full bathroom. Continue to the 3rd floor where the front bedroom has it's own ensuite. There's another full bathroom and 2 more bedrooms. The back bedroom has potential for access to a roof top deck. Access the basement from the first floor and be careful on the steps. Here's just one Idea- Rehab it to the original 6 bedroom home and rent Section 8. $100K Rehab Estimate $300K ARV Estimate Section 8 Rent= $2087/mo NOI (after tax, ins, 5% vacancy, 5% maint) = 20,192 10% CAP!!!

Features

6 bedrooms

4 bathrooms

3052 sq. ft. floor area

1564 sq. ft. lot size

Townhouse

Happy sellers in Philadelphia

We have insufficient information to provide an overview of customer satisfaction for Philadelphia. Viewing the agent profiles, reviews and sales for Philadelphia can provide insights for this location.