4243 W STILES STREET, PHILADELPHIA, PA 19104

Triplex project potential! This is your next project for renovation waiting to happen! After many years, the seller has decided that this project is better transferred into the hands of YOU, the new ambitious landlord and developer! The property is already framed out as three separate apartments, with four electric meters in the basement. Work was begun in 2018 but it has been stalled since then. Zoning for the property is RSA5, the seller had a triplex variance for 15+years leading up to 2018, the buyer is responsible for confirming property use with the City of Philadelphia. Potential rents START at $1,122+$1,342+$1,342 – a total of over $3,800/month or MORE! The sample rents are minimum possible examples based on 1 and 2 bedroom rates for this zipcode with PHA / HCV through “Section 8”. Your rents could easily be higher! Access with your agent is by a combination of methods, ask your agent to bring a drill and also flashlights with them as well. This is an As-Is Sale, it will need to be either a “Cash” purchase or a renovation loan – what some people call “hard money” will make a renovation much easier.