$289,900

4714 Griscom Street , Philadelphia, PA 19124

 
Bedrooms:0 beds
Bathrooms:0 baths
Other:3,750 sqft
Lot:0.05
Year Built:1940
Listing Status:Active

Listing Agent

Devorah Selber
http://devorahselber.foxroach.com
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

Seller financing available! Remodeling is currently underway, and the owner is looking to sell at any stage of the rehab. The current framing that has been completed enables various uses, from 5 apartments (zoning variance is required), to 4 apartments, triplex, duplex, down to extra-large single that can be used as an assisted living or group-housing of 12 bedrooms.Historically, this building was always multi-unit. The owner temporarily converted it to single-family to expedite permits, the new layout reflects its multi-unit potential.ARV $850k++ (income-based valuation)Property Overview:''''''Size: 3,750 SF''''''Zoning: RSA-5, previously multi-unit & strong case for grandfathering variance approval''''''Current Status: Remodeling underway, available for sale at any rehab stage.''''''Completed Work: Architectural plans, framing, new windows, rough plumbing, rough electrical, insulation (in progress).''''''Remaining Work: HVAC, drywall, painting, flooring, kitchens, and bathrooms (Estimated Cost: $120K&$160K).Flexible Investment Options:''''''5 Apartments (Variance Required): o'''''Units of 2BR/1BA, potential rents up to $1,500/month. o'''''Total projected rent: $7,300/month.''''''Group Housing/Assisted Living (10-12 Bedrooms): o'''''Ideal for sober living, transitional housing, veteran programs, or assisted living. o'''''Projected rents: $7,000&$8,400/month.

Detailed Items

Other Information

4714 Griscom Street, Philadelphia, PA, 19124 is a other listing of 3,750 sqft on a lot of 0.05. This other listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property4714 Griscom Street, Philadelphia, PA
Copyright © 2025 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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