For Sale

Listed by Janis Benstock from Settle Down Philadelphia

Source: Bright MLS #PAPH2248992

2408 West Lehigh Avenue, Philadelphia, PA, 19132

$111,000

6
4
3052 sq. ft.
1564 sq. ft.

Townhouse

30+ days on the market

What's around 2408 West Lehigh Avenue

About this property

**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!!!

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