2500 S Hobson Street Philadelphia, PA $ 175,000
2500 S Hobson Street
$ 175,000
Share Save

2500 S Hobson Street

Philadelphia, PA, 19142
$ 175,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 1,163

2500 S Hobson Street, Philadelphia, PA 19142 - Image 1
2500 S Hobson Street, Philadelphia, PA 19142 - Image 2
2500 S Hobson Street, Philadelphia, PA 19142 - Image 3
2500 S Hobson Street, Philadelphia, PA 19142 - Image 4
2500 S Hobson Street, Philadelphia, PA 19142 - Image 5

Multi-Family Home for sale in Philadelphia, PA

for $175,000 with 4 bedrooms. This home was built in 1935 on a lot size of 0.03.

The property is fully occupied. Please confirm the showing with the selling agent. 48 HR Notice is required. The only showing window will be 12/15/23 from 2 PM - 4 PM **Investment Opportunity: Prime Mixed-Use Property with Stable Tenancy** Discover a lucrative investment opportunity with this strategically positioned property that combines the best of residential and commercial real estate. This asset boasts two potential residential units and a thriving commercial space, all of which are currently tenant-occupied, ensuring a steady and reliable income stream. 1. **Residential Units:** - The main house is being used as one unit even though the basement may be converted into its own unit. - Both units are currently occupied by reliable tenants, providing immediate cash flow. - Relatively well-maintained interiors and modern amenities enhance the overall appeal of the living spaces. - The residential component ensures a stable rental income with the potential for future appreciation. 2. **Commercial Unit:** - The property includes a versatile commercial unit, catering to a wide range of businesses. - High visibility and foot traffic in the area make this commercial unit an attractive prospect for potential lessees. - Currently occupied by a cell phone store. 3. **Location:** - Strategically located in a high-demand area, the property benefits from a growing community and increasing property values. - Proximity to key amenities, public transportation, and commercial hubs adds to the property's appeal. - Brand new amazon fullfilment facility directly across the street which should provide financial growth for the community. 4. **Financial Stability:** - With all units currently leased, investors can enjoy immediate returns on their investment. - The mix of residential and commercial tenants diversifies the income stream, reducing risk and enhancing stability. 5. **Potential for Value Enhancement:** - The property offers potential for value enhancement through strategic renovations or improvements, further increasing rental income and property value. Similar properties fully renovated have sold for over 350k. **Investment Highlights:** - Strong and diverse rental income from both residential and commercial tenants. - Immediate cash flow. - Opportunity for future appreciation in a high-demand location. - Well-maintained and attractive property with potential for value enhancement. Don't miss out on this exceptional investment opportunity that combines the reliability of residential leasing with the potential for lucrative commercial returns. Contact us today to secure your stake in this prime real estate venture.

See more

Multi-Family Active

Price

$ 175,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 1,641

Style

Dwelling with Rental

Lot Size

0.03

Year Built

1935

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2300582

Features
Interior
Heating Fuel Electric
Hot Water Electric
Total Stories 2
Heating Y/N Y
Fireplace Y/N N
Street Suffix STREET
Central Air Y/N N
See more
General
Sewer Public Sewer
Heating Radiator
Cooling None
Possession Immediate Negotiable 0-30 Days CD 31-60 Days CD 61-90 Days CD
Roof Flat
Zoning CMX2
Architectural Style Dwelling with Rental
Construction Materials Masonry
Year Built 1935
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Philadelphia Pennsylvania Take Walnut St I-76 W Passyunk Ave and S 61st St to Buist Ave 16 min (5.6 mi) Continue on Buist Ave. Drive to Hobson St 4 min (0.7 mi) 2500 Hobson St Philadelphia PA 19142
City PHILADELPHIA
Buyer Agent Compensation 2.5
Disclosures Lead Based Paint - State Prop Disclosure
Total Units 3
MLS Area 19142 (19142)
Lot Size Square Feet 1150.00
Waterfront Y/N N
Number of Units Leased 2
Street Name HOBSON
Tax Annual Amount 1641.0
Home Warranty Y/N N
Property Condition Good Very Good Excellent
Two Bedroom 0
Structure Type End of Row/Townhouse
Price Per Sq Ft Total 115.28
Acceptable Financing Cash Conventional
Rent Control Y/N N
Vacation Rental Y/N N
Days on Market 140
Standard Status Active
Year Built Source Assessor
Tax Lot S404
Total Actual Rent 18000.00
Buyer Agent Compensation Type % Of Gross
See more
Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Brick/Mortar
Water View Y/N N
Lot Dimensions 17.00 x 70.00
Lot Size Acres 0.03
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 6249.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 2500
See more
* Excluded Features
List By
Re/Max Classic

Broker

williamholderrealty@gmail.com

Email

Affordability Calculator

$1,300
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,163
Monthly Property Taxes
$137
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4102019 Elementary School
3533887 Middle School
Bartram J High School High School
Pricing History
DatePricePrice ChangeDescription
5/9/2024$175,000 -10.26% Price Down
3/4/2024$195,000 -2.50% Price Down
2/12/2024$199,998 0.00% Price Down
11/28/2023$199,999 Listed Price

Map


See all

2500 S Hobson Street, Philadelphia, PA, 19142 is a Multi-Family Home for sale at $175,000 with a lot size of 0.03. 2500 S Hobson Street has 4 bedrooms, 0.0 baths, and was built in 1935. The property's zip code is 19142 which is in Philadelphia, PA