1431 W SOMERSET STREET, Philadelphia, PA 19132

$125,000 Asking Price

3 beds
1 bath
1,488  sqft
Built in 1925

Welcome to 1431 W Somerset Street, a versatile townhome located in the heart of North Philadelphia. Currently tenant-occupied and operating as an informal transitional home, this property is an excellent investment opportunity with a steady rent roll of $2,600 per month. The home is uniquely configured with two separate units on the first floor and two additional units on the second floor, equipped with a bathroom and kitchenette. The owner covers utilities, providing a seamless experience for tenants and ensuring consistent occupancy. Whether you're looking to expand your portfolio or explore new investment strategies, 1431 W Somerset Street offers a promising return and endless potential. Don't miss this chance to invest in a property with immediate income and future possibilities!

Features & Amenities

Interior

Basement:
Unfinished
A/C:
Ceiling Fan(s),Window Unit(s)
Heating:
Y, Other, Electric
Disability Feature:
None

Exterior

General:
Above Grade,Below Grade
Style:
Straight Thru

Construction

General:
Masonry, 2, Concrete Perimeter

Location

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

Lot

Zoning:
RSA5, 111030200
Current Use:
O30

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
Coldwell Banker Realty, Tim Brogan

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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