1234 E SANGER STREET

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Address: 1234 Sanger St, Philadelphia, PA 19124, USA
Created date: July 15, 2024
Date last updated: July 15, 2024

Property Description

Take a look at this well maintained fully occupied corner duplex located in the Oxford Circle neighborhood of Philadelphia. This a legal duplex that has two active rental license and each unit is occupied with long term tenants. The first floor is made up of 1 bedroom, 1 bath, a living area, a nice size kitchen and access to basement. They are currently paying $850/month on a yearly lease ending at the end of January of next year. The second-floor has 2 bedrooms, 1 bath, a living area and a full kitchen. 2nd floor tenant is currently pays $800/month on a yearly lease ending at the end of January of next year. Each unit has their own separate utilities and entrances providing privacy for each tenant. Each tenant pays for all of their own utilities. This duplex also comes with a garage that is currently used as a storage & rear parking space for the owner. The property is being sold "As-Is." The tenants would like to stay. This can be a great opportunity for an investor looking to add a cash flowing asset to their rental portfolio or for someone who is looking to live in one unit and rent out the other to help reduce living expenses. This property qualifies for the CRA program for a conventional loan with 3% down payment and no mortgage insurance. This Property Qualifies for a 10K Grant as it is in the Majority-Minority Census Grant offered by Prosperity Home Mortgage. Can be used for closing costs, buy the rate down, etc. 100% Forgivable to all buyers-not just first time home buyers, reach out for more information! With a transit score of 85, the area offers excellent transit options, making it convenient for most trips. Nearby dining options include Dell's Tavern, Jackie's King of Seafood, Oxford Restaurant Breakfast and Lunch, among many others. Local schools include Little Charlie's Day Care, Cintioli Music Center, William H. Ziegler School, and more. For groceries, you'll find F&C Food Market, Oxford Circle Produce Center, and several other options. It is a 10-minute trip to the MFL Frankford Transportation Center to 69th St TC at the Frankford TC - MFL stop. Nearby parks include Frankford Stadium, Wissinoming Park, Northwood Park, and Tarken Playground. Schedule your visit today!

Key Property Information

Listing Status: Pending Sale
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $225,000
No. of Units: 2
Year Built: 1940
Lot Size: 1,598.00 Sq ft
Opportunity Zone: No
Price per unit: $112,500
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 1234 E SANGER STREET, PHILADELPHIA, PA 19124, USA
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