6217 Chestnut Street, Philadelphia, PA 19139-2906 $420,000
Interior Sq. Ft: 3,888
Acreage: 0.04
Age:99 years
Taxes: $2,091
Subdivision: Cobbs Creek
Design/Type:
Interior Row/Townhouse
Description
Discover your dream investment in Cobbs Creek with this beautifully renovated Triplex, featuring a versatile bonus studio that enhances both comfort and income potential. Perfect for both investors and/or buyers who want to live in one unit and rent the rest out to help cover the mortgage payment. This property includes three legal units plus a studio current used for storage, each recently renovated and boasting modern upgrades. The upper-level unit is a spacious 3-bedroom, 2-bathroom bi-level apartment that occupies the 2nd and 3rd floors, offering luxurious living and currently rented at $1,400/month. Two charming 2-bedroom, 1-bathroom units complete the property and are located on the 1st floor and in the basement. The 1st floor 2 bed 1 bath apartment is rented for $1,200/month while the basement unit is rented for $1,000.00/month. Adding to the appeal is a bonus studio apartment equipped with its own full bathroom and kitchenette, perfect for generating additional rental income or extra storage space. The property has been meticulously upgraded, featuring newly renovated kitchens, pristine bathrooms, hardwood floors, recessed lighting, and modern stainless steel appliances in every unit. Central air ensures year-round comfort, and the property is equipped with a state-of-the-art fire detection system, surveillance system, and smoke detectors, enhancing both safety and peace of mind. All utilities are separately metered, and the property holds rental licenses for three units, with recent cosmetic upgrades completed in 2021-22 further enhancing its attractiveness. Situated in the desirable Cobbs Creek area, it offers close proximity to shops, schools, parks, playgrounds, and public transit. The property also boasts a charming porch and a convenient back alley, combining aesthetics with functionality. Experience the ultimate convenience with this Cobbs Creek Triplex, boasting a Walk Score of 83, indicating that most daily errands can be handled without a car. The property features a Transit Score of 77, reflecting excellent public transportation options for easy commuting, and a Bike Score of 81, showcasing the area's superb biking infrastructure. Enjoy a rich array of dining options nearby, such as Liberty Halal Gyro, Aku's Kitchen, Hong Kong Restaurant, West Point Pizza, and many more. For education, you’ll find schools like Conquerors Christian Academy, Kids World Christian Education Center, Wilcox Learning Center, and John Barry Community School within close reach. Grocery shopping is convenient with West Phillie Produce, Astra Foods, African Expressions, Sabzimandi, and other local markets nearby. Additionally, you’re just a four-minute ride from the 63rd St Station - MFL stop, connecting you to the MFL Frankford TC to 69th St TC. For outdoor enthusiasts, the property is surrounded by several parks, including Cobbs Creek Park, offering ample green space and recreational opportunities. Whether you’re seeking a new home or a solid investment opportunity with immediate rental income potential, this fully renovated Triplex in Haddington is a must-see. Act quickly—this exceptional property won’t last long!
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Forced Air Heating, Electric, Natural Gas, Central A/C, Electric, Hot Water - Natural Gas, Public Water, Public Sewer, 200+ Amp Service, Natural Gas Available
Garage/Parking
On Street
Interior
Full Basement, Fully Finished Basement, Engineered Wood Flooring, Energy Efficient Windows, Insulated Doors, Fire Detection System, Smoke Detector, Surveillance Sys
Exterior
Slab Foundation, Masonry
Lot
Urban, Street View
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Public Elementary (117 schools)
Public Middle (19 schools)
Public High (46 schools)
Private (127 schools)
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This report is a detailed community overview for Philadelphia (19139), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 36
- Average salary of people in this community: $30,970
Community Summary
- Population Density (ppl / mile): 26,194
- Household Size (ppl): 2.61
- Households w/ Children: 71%
Housing Inventory
- Owned: 6,994 (32.8%)
- Rented: 10,334 (48.4%)
- Vacant: 4,021 (18.8%)
- Total: 21,349
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 3.2%
- Some High School: 12.4%
- High School Graduate: 37.8%
- Some College: 24.4%
- Associate Degree: 5.7%
- Bachelor's Degree: 10.6%
- Graduate Degree: 6.0%
Income by dollar range
Median Income: $30,633
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $694
- One Bedroom: $701
- Two Bedroom: $948
- Three Bedroom: $950
- Four Bedroom: $1,233
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-239-8919
Listing Courtesy of: RE/MAX @ HOME , (215) 607-3535, thelistingteam@liveloveathome.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 11/18/2024.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.