Prime Investment Opportunity on 4920 Kingsessing Avenue. Strategically located in the vibrant Kingsessing neighborhood of Southwest Philadelphia, this property offers a rare value-add conversion opportunity to duplex or triplex. Built to capture multiple income streams, the property sits in a block where multi-unit housing is established and rental demand is… Read More strong. Across the street from the city's major redevelopment of the Kingsessing Recreation Center (4901 Kingsessing Ave), currently under full renovation with new athletic fields, playgrounds, community programming - a transformational amenity for the block. Minutes' drive/walk to major institutional employment hubs, top-tier hospitals and universities, tap into steady demand from staff, students and professionals. Population density, transit access and existing housing mix of duplexes and triplexes mean the rental market is well-positioned. Value creation potential: convert to multiple units, update interiors, work the upside. Owning here means participating in a neighborhood on the move - amenity upgrades + development pipeline = increased long-term appreciation potential. Don't miss this opportunity to enter at an attractive basis and realize the upside of multi-unit conversion in an emerging growth corridor. Property is being SOLD AS. Buyer is responsible for U&O Inspection Requirements. Read Less
Courtesy of lauren butler, Keller Williams Realty Group. [email protected].
Listing Snapshot
Days Online
22
Last Updated
Property Type
Twin Home
Beds
7
Full Baths
1
Square Ft.
2,160
Lot Size
0.03 Acres
Year Built
1940
MLS Number
PAPH2537412
30 Days Snapshot Of 19143
$243k
+20%
(avg) sold price
41
0%
homes sold
40
-16%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Unfinished
Building
2,160 sqft living area, 2,160 sqft above grade (finished), Built in 1940, Structure Type: Twin/Semi-Detached, 3 levels, Masonry
Cooling
None, Window Unit(s)
Accessibility Features
Other
Foundation
Concrete Perimeter, Block
Heating
Electric, Natural Gas, Radiator
Lot
1,349 sqft, Lot Size Dimensions: 19.00 x 71.00, 0.03 acres
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