Veterans United Realty
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1672 N WILTON STREET, Philadelphia, PA 19131

$249,600 Asking Price

3 beds
2 baths
1,150  sqft
Built in 1925

PROPERTY IS BEING OFFERED AS A PACKAGE WITH 5236 W JEFFERSON ST. AND 1728 N WILTON ST. PLEASE INQUIRE FOR PACKAGE INFORMATION. PACKAGE IS OFFERED AT $749,000 WITH GREAT INVESTMENT RETURN. 5236 W Jefferson St., 1728 N Wilton St., and 1672 N Wilton St. are being offered together as a package deal. All three properties are 3 bed/1.5 bath and have been fully gutted and remodeled (pictures/videos and receipts of work are available upon request). No expense was spared on these renovations - fully waterproofed basements with new slabs, all new mechanicals, framing, insulation, drywall, etc. These properties will be able to easily provide steady income for the next 30 years. Total Gross Income for the three properties is $6,090 per month. These rents are covered by PHA Section 8, with newer leases. 5236 Jefferson St. has another entire year left on its lease, and both properties on Wilton St. have nearly two years left on their lease. PHA is paying over 90% of the rent burden for two of the properties, and about 75% of the rent burden for the other. Tenants pay for all utilities. All tenants pay on time and take amazing care of the properties. All properties remain looking as new and are problem free. Anything and everything that could have been performed to these properties has already been done. These are essentially turnkey rentals. The 19131 zip code provides great upside for investors who are looking for a viable long-term strategy. The commercial corridor here in West Parkside has seen awesome increases in median household income as well as home sales.

Listing Status:
Active
Date Added:
January 8, 2025 — 1 day ago
Listing Office:
HomeSmart Realty Advisors, Steven Sooby (732-439-0011)
Office Phone:
215-604-1191
MLS ID:
PAPH2433460

Features & Amenities

Interior

Basement:
Unfinished
A/C:
Central A/C
Heating:
Y, Forced Air, Natural Gas
Disability Feature:
None

Exterior

General:
Above Grade
Style:
Traditional

Construction

General:
Masonry, 2, Other

Location

Originating MLS:
BRIGHT_MAIN
School District:
THE SCHOOL DISTRICT OF PHILADELPHIA
County:
PHILADELPHIA

Lot

Zoning:
RSA5, 521311800
Current Use:
O30

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
HomeSmart Realty Advisors, Steven Sooby

About Philadelphia, PA

Housing

Number of Units
705,993
Median Home Value
$212,331
Median Rent
$993

47.83% of housing units are renter occupied.

9.77% are vacant.

Commute

Car
48.32%
Public Transportation
19.12%
Walk to Work
6.40%
Work from Home
23.29%
Other
1.20%

The median travel time to work is 28 minutes.

People

Population
1,564,304
Median Age
36.10
Median Household Size
2.55

Education

High School
31.51%
Associate’s Degree
5.70%
Bachelor’s Degree
18.90%
Graduate Degree
14.16%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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