Philadelphia, PA 19131,6010-12 DREXEL RD
Philadelphia, PA 19131,6010-12 DREXEL RD
Philadelphia, PA 19131,6010-12 DREXEL RD
Philadelphia, PA 19131,6010-12 DREXEL RD
Philadelphia, PA 19131,6010-12 DREXEL RD
Philadelphia, PA 19131,6010-12 DREXEL RD
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$395,000

$395,000

Est.Price: ?

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Est. payment /mo

14,640 SqFt


SOLD DATE : 06/26/2024

Key Details

Sold Price $395,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 14,640 sqft

Price per Sqft $26

Subdivision Overbrook Farms

MLS Listing ID PAPH2357114

Sold Date 06/26/24

Style Other

Abv Grd Liv Area 14,640

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $8,149

Tax Year 2023

Lot Size 0.629 Acres

Acres 0.63

Lot Dimensions 0.00 x 221.00

Property Description

Attention Developers/ Contractors: This expansive property at 6010-6012 Drexel Road needs a complete rehab. It is set on a double corner lot with over .6 acres (see survey attachment) in Philly's quiet Overbrook Farms neighborhood, right near St Joseph's University. It has a huge multi-family property, previously used as 5 apartments, offering a fantastic investment opportunity and room enough to construct several new homes making it a developers dream! The structure was originally built in stone and still maintains that facade. The current layout features three 1-bedroom apartments, one 2-bedroom apartment, and one 3-bedroom apartment, each with 1 full bathroom and a kitchen. Modern updates and repairs could be combined with its abundant space and original character to create a one-of-a-kind single-family home or high-producing rentals in this sought-after location. In addition to the historic building, the expansive lot would provide ample parking and room for possible new construction of 2-4 homes with resales of over $600,000.00. 6010-6012 Drexel Rd is close to popular shopping centers with stores like Whole Foods, Trader Joe's, and Target. Lankenau Medical Center is minutes away, plus there's easy access to public transit, Lancaster Ave, City Ave, Delaware County, and Montgomery County. Schedule your showing today! The sale is being overseen/ monitored by a conservatorship/ legal custodian to address and remedy outstanding violations, which include cleaning up the grounds and repairing the roof. A list of repairs are attached. Upon purchase, the buyers will assume responsibility for these repairs. All offers due by tomorrow, 5/29 at 5PM.

Location

State PA

County Philadelphia

Area 19131 (19131)

Zoning RSD3

Rooms

Basement Unfinished

Interior

Hot Water None

Heating None

Cooling None

Fireplace N

Heat Source None

Exterior

Garage Spaces 12.0

Waterfront N

Water Access N

Accessibility None

Total Parking Spaces 12

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 881125560

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Stuart C Cohen • KW Empower
Bought with Zachary Cohen • KW Empower
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