6010 DREXEL ROAD, Philadelphia, PA 19131

  • $395,000
6010 DREXEL ROAD, Philadelphia, PA 19131
Closed
6010 DREXEL ROAD, Philadelphia, PA 19131
6010 DREXEL ROAD, Philadelphia, PA 19131
  • $395,000

Overview

Property ID: PAPH2357114
  • Detached, Multi-Family
  • Property Type
  • 0.63
  • Lot Acres
  • 1920
  • Year Built

Description

Attention Developers/ Contractors: This expansive property at 6010-6012 Drexel Road needs a complete rehab. It is set on a double corner lot with over .6 acres (see survey attachment) in Philly’s quiet Overbrook Farms neighborhood, right near St Joseph’s University. It has a huge multi-family property, previously used as 5 apartments, offering a fantastic investment opportunity and room enough to construct several new homes making it a developers dream! The structure was originally built in stone and still maintains that facade. The current layout features three 1-bedroom apartments, one 2-bedroom apartment, and one 3-bedroom apartment, each with 1 full bathroom and a kitchen. Modern updates and repairs could be combined with its abundant space and original character to create a one-of-a-kind single-family home or high-producing rentals in this sought-after location. In addition to the historic building, the expansive lot would provide ample parking and room for possible new construction of 2-4 homes with resales of over $600,000.00. 6010-6012 Drexel Rd is close to popular shopping centers with stores like Whole Foods, Trader Joe’s, and Target. Lankenau Medical Center is minutes away, plus there’s easy access to public transit, Lancaster Ave, City Ave, Delaware County, and Montgomery County. Schedule your showing today! The sale is being overseen/ monitored by a conservatorship/ legal custodian to address and remedy outstanding violations, which include cleaning up the grounds and repairing the roof. A list of repairs are attached. Upon purchase, the buyers will assume responsibility for these repairs. All offers due by tomorrow, 5/29 at 5PM.

  • Address 6010 DREXEL ROAD
  • City Philadelphia
  • State/county PA
  • Zip/Postal Code 19131

Details

Updated on August 6, 2024 at 6:21 pm
  • Property ID: PAPH2357114
  • Price: $395,000
  • Land Area: 0.63 Acres
  • Garage Size: x x
  • Year Built: 1920
  • Property Type: Detached, Multi-Family
  • Property Status: Closed

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**Property Disclaimer** The information we provide about this property is believed to be accurate to the best of our knowledge; however, it may change without notice. We are not liable for any mistakes, errors, or omissions in the information presented. We strongly recommend that you conduct your own research and verify all details independently to ensure accuracy. Your diligence in seeking correct information is essential before making any decisions. " Homes Trade Hub "

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