206 W ALLEGHENY AVE new to site

Philadelphia,PA 19133

$ 225000

4 Beds

3 Baths

1504 SqFt


Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,504 sqft

Price per Sqft $149

Subdivision Kensington

MLS Listing ID PAPH2529122

Style Traditional

Bedrooms 4

Full Baths 3

HOA Y/N N

Abv Grd Liv Area 1,504

Year Built 1920

Annual Tax Amount $1,304

Tax Year 2025

Lot Size 1,040 Sqft

Acres 0.02

Lot Dimensions 16.00 x 65.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

This property offers a singular investment opportunity. It is currently being utilized as a rooming house on the second floor (featuring 3 good size bedrooms), and an apartment on the first floor. The property's RM-1 zoning designation signifies its location in a residential area specifically zoned for multi-family dwellings. The seller previously operated a barber shop on the first floor, a use that is still permissible and potentially lucrative. The first floor features seven barber chairs that can be rented out individually, providing a substantial source of cash flow. Additionally, there is another apartment situated at the rear of the first floor. While the building does not feature a kitchen, one can be easily installed. The basement boasts a separate entrance at the front of the building and has the potential to be transformed into an additional apartment. Utilities are separate, with the exception of water and gas. The prime location offers easy access to public transportation, shops, hospitals, and supermarkets. Buyers will be pleased with this exceptional opportunity. The property is currently leased to responsible, long-term tenants.

Location

State PA

County Philadelphia

Area 19133 (19133)

Zoning RM1

Rooms

Basement Unfinished

Main Level Bedrooms 4

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Window Unit(s)

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 2

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 2

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Senior Community No

Tax ID 193203100

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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