Homes for sale - 6024-28 LARCHWOOD AVE, Philadelphia, PA 19143

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,756 sqft

Price per Sqft $481

Subdivision Cobbs Creek

MLS Listing ID PAPH2473184

HOA Y/N N

Originating Board BRIGHT

Year Built 1910

Annual Tax Amount $26,253

Tax Year 2025

Lot Size 6,756 Sqft

Acres 0.16

Lot Dimensions 60.00 x 113

Property Sub-Type Other

Property Description

A fantastic opportunity to acquire this newly renovated apartment building.
Centered in and around the burgeoning Cobbs Creek neighborhood in West Philadelphia.
In a tight geographic area ideal for management and enhanced economies of scale. In a red-hot neighborhood with some under-valued rents valued and significant capital appreciation opportunit.
Professionally managed package (property manager can remain, at buyer's option).
An advantageous investment opportunity in a rapidly improving West Philadelphia neighborhood, close to all amenities, public transportation, Market Street El Line and Cobb Creek Trail just minutes away. Inclusive of those developments is a $65 million commitment by the city of Philadelphia, The Cobbs Creek Foundation, and The TGR Foundation (founded by Tiger Woods) to revamp the existing golf course (Philadelphia's oldest course), enhance the public space and create educational campus for local youth. The Cobbs Creek Environmental Center has also planned significant improvements

The building consists of 18 Apartments: "2"x 2-bedrooms, "16" x 1-bedroom apartments.
All Apartments are newly renovated and have newer kitchens, baths, ceiling fans, 100 Amp. Electric Service, Hook-ups for Washer/ Dryers (some Micro Waves & Washer/Dryers are already installed. All utilities are separate, except water; 24-hour video monitoring and Wifi. Each Unit has 3 PTACs, some have more. Package Terminal Air-Conditioners. They provide Central Heat & Air-Conditioning Power by electricity, paid by each residence. Each residence can set their units to their's comfort zone, hot or cold.
Lobby entrance has an key-less call box to allow family and deliveries with-out leaving your unit, by a touch of your cell phone. Basement is full size and has an office , bathroom with plenty of storage space.

Location

State PA

County Philadelphia

Area 19143 (19143)

Zoning COMMERICAL

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Flooring Hardwood,Ceramic Tile,Concrete

Heat Source Electric

Exterior

Water Access N

Roof Type Flat

Accessibility None

Road Frontage Public

Garage N

Building

Foundation Block,Crawl Space

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 881004780

Ownership Fee Simple

SqFt Source Estimated

Security Features Surveillance Sys,Smoke Detector,Main Entrance Lock

Acceptable Financing Conventional,Cash

Listing Terms Conventional,Cash

Financing Conventional,Cash

Special Listing Condition Standard