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Back 5261 Larchwood Ave
Off Market

5261 Larchwood Ave

Philadelphia PA 19143

2
1312 sq. ft.
1125 sq. ft.
Duplex
Last sold for $395,000
Patricia GessweinPatricia Gesswein, last sold this property on 23 October 2023 after 67 days on market.

Overview

This fully renovated contemporary 4 bedroom, 2 bathroom duplex in the Cedar Park section of West Philadelphia covers all the bases. Whether you are a savvy buyer looking to live in one of the 2 Bd/1 bath units and rent out the other, as well as the full basement to cover your mortgage, or a real estate investor looking to add to your portfolio, this property fills all the boxes. It is one block from the Hospital of the University of Pennsylvania- Cedar Avenue branch and in a booming area of West Philadelphia. This property has been rehabbed from top to bottom and features all new roofs, new and newer windows, all new electric with separate meters for each unit and the common area, all new plumbing, 2 new Energy Star Rated HVAC systems along with all new ductwork, and 2 new water heaters for hassle-free living for years to come. The exterior of the property has not been overlooked with an updated front covered porch that has a custom slat feature wall, new iron railings, new exterior doors, new rear siding, with a new brick patio in your fenced-in backyard. Each unit has a loft-like feeling with extra high ceilings, LED recessed lights with a living/kitchen combo area that features new solid wood, soft-close gray kitchen cabinets, granite countertops, a custom backsplash and new stainless steel appliances. The luxury vinyl click waterproof flooring is throughout each of the two-bedroom units that have ample closet space, fan lights and a designated stackable laundry hookup. Each unit has a spacious new bathroom with striking contemporary tile, black chrome fixtures and a new vanity and LED lights. The first-floor unit has private access to your gated backyard with new concrete steps and brick patio. The full basement can be accessed from the front of the property and has been freshly parged, painted and is amply lit for additional storage space for you or to rent out for additional income. Close to University City, across the street from the Hospital of the University of Pennsylvania- Cedar Avenue branch, 1 block from Malcolm X Park, easy access to all areas of the City as well as plenty of dining and shopping destinations.

Features

2 bedrooms
1312 sq. ft. floor area
1125 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar 2 bedroom duplexes sold in Philadelphia over the last 12 months, the estimated median property value of 5261 Larchwood Ave is $238.7k.

Median value
$238.7k
Estimated value range
$90k - $470k
Median days on market
73
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Philadelphia. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5261 Larchwood Ave

2023
Sold
$395,000
23 Oct 2023 by Patricia Gesswein, of HOUWZER LLC

Happy sellers in Philadelphia

94%
94% of sellers in Philadelphia reported that their sale price either exceeded or met their price expectations.

Philadelphia stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Philadelphia over the last 12 months.

Local market activity for 2 bedroom duplexes in Philadelphia

In the last 12 months, 6 two-bedroom duplexes similar to 5261 Larchwood Ave, have been sold.

This represents a 58% increase in two-bedroom duplexes sales when compared to the previous 12 months.

Nearby agents

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Amber Alkhatib

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Yasmeen Lockett

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Deb Stanitz

Deb Stanitz is an award winning recommended agent for Philadelphia.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (51 reviews)
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