1829 MCKEAN STREET
Property Description
Welcome to 1829 McKean Street, a well-maintained two-unit property with one unit currently leased through 2027 and the other ready for occupancy. The first floor offers two bedrooms, one bathroom, a spacious living area, and a kitchen which features a bar countertop for casual eating. The unit also has private access to the unfinished basement, which includes a dedicated washer and dryer, as well as access to the rear patio. Recently painted and refreshed, the first floor is ready for its next occupant.The second-floor unit features one bedroom, one bathroom, a kitchen and dining area and with a spacious front room currently used as a living room. This additional room offers the flexibility to function as a second bedroom, depending on the tenant's needs. Abundant natural light runs throughout the unit.Recent improvements include a 2024 roof replacement, newer hot water heater, and fresh paint to the front exterior, including the stucco, front door, and basement window grates.Located near South Broad Street, the property is within easy reach of Snyder Station on SEPTA's Broad Street Line, bus service, East Passyunk Avenue, the Italian Market, and a wide range of neighborhood shopping and dining. With one unit leased and the other vacant, 1829 McKean Street offers an opportunity to add a two-unit property with existing rental income and flexible future use to your portfolio.
Key Property Information
| Listing Status: | Under Contract |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $275,000 |
| Year Built: | 1920 |
| Lot Size: | 1,380.00 Sq ft |
| Opportunity Zone: | No |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-FOXROACH-PAPH2664166
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
113 Bunker Hill Avenue
Waterbury, Connecticut
483 Hillstown Road
Manchester, Connecticut
334 E 5th Street
Jamestown, New YorkBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout