4624 LARCHWOOD AVENUE, Philadelphia, PA 19143

$550,000 Asking Price

4 beds
4 baths
2,718  sqft
Built in 1925

This multi-family property with three units, ideal for investors or homeowners looking to generate rental income while building equity. The home offers the following features: Property Type: Twin multi-family home with three units. Layout: First-floor unit with an en suite bathroom and direct basement access. Second-floor unit: One-bedroom apartment with forced air heating. Third-floor unit: Two-bedroom apartment with forced air heating. Lot Features: Includes a side yard and backyard, providing outdoor space for tenants or residents. Investment Opportunity: The property presents an excellent opportunity for both rental income and long-term equity growth. Potential for Modernization: All three units would benefit from some updates to maximize rental returns and appeal. This property, given its size (2,718 sq. ft.), multi-unit setup, and outdoor spaces, is well-suited for buyers looking to live in one unit while renting the others, or for investors seeking passive income. AI Written

Features & Amenities

Interior

Rooms:
Primary Bedroom
Basement:
Full
A/C:
None
Heating:
Y, 90% Forced Air,Baseboard - Hot Water, Natural Gas
Fireplace:
Fireplace, Fireplaces: 1
Disability Feature:
None

Exterior

General:
Above Grade,Below Grade
Style:
Other

Construction

Roofing:
Flat
General:
Masonry, 3, Stone

Location

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

Lot

Zoning:
RSA3, 461052700
Current Use:
N50

Utilities

Utilities:
Circuit Breakers
Water:
Public
Sewer:
No Septic System

Financial

Source:
BRIGHT_MAIN
Exclusions:
None

This listing courtesy of:
BHHS Fox&Roach-Newtown Square, Stacey Duke-Middleton

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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