Multi-Family, Townhouse $ 180,000

6630 DOREL ST

Philadelphia, PA 19142

  • 1,102 SqFt
  • 1,143 Lot Size
  • 1920 Year Built
10+ CAP RATE on a quiet Southwest Philly block with easy access to 95, 76, the airport and the new Amazon distribution center. (2) 1-bed, 1-bath units with rear driveway, converted garage & small rear yard. Terrific straight rental with strong demand and great cash flow. Or live in one unit and rent the other to cover most if not all your mortgage. Property is in great shape with everything converted to electricity with separate meters/panels (no need to worry about PGW gas liens). 1st floor unit has direct access to a large unfinished basement that could easily be converted to additional living space and even more rent. 1st floor is vacant and 2nd floor is occupied month to month. 2nd floor can be vacated prior to settlement. Historic rents with consistently strong demand have been around $1,000/month per unit. Property needs basic cosmetic upgrades like paint, new vanities, flooring, etc. Quick turnaround for novice or experienced investors and very low carrying costs with ANNUAL TAXES BEING ONLY $2,175/YEAR. Take advantage of this opportunity and own a legal RM1 duplex in a developing area with tons of potential. Buy, quickly and cheaply upgrade & begin cash flowing this fantastic 10+ CAP RATE asset!
Listed by Bryan J Capone of KW Empower

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family, Townhouse

    Sub Type Interior Row/Townhouse

    Listing Status Under Contract

    Purchase Type For Sale

    Square Footage 1, 102 sqft

    Price per Sqft $163

    Subdivision Elmwood Park

    MLS Listing ID PAPH2546264

    Style Traditional

    Abv Grd Liv Area 1,102

    Year Built 1920

    Annual Tax Amount $2,175

    Tax Year 2025

    Lot Size 1,143 Sqft

    Acres 0.03

    Lot Dimensions 16.00 x 70.00

    Property Sub-Type Interior Row/Townhouse

    Source BRIGHT

  • Location

    State PA

    County Philadelphia

    Area 19142 (19142)

    Zoning RM1

  • Building

    Foundation Stone

    Above Ground Finished SqFt 1102

    Sewer Public Sewer

    Water Public

    Architectural Style Traditional

    Additional Building Above Grade, Below Grade

    New Construction N

  • Interior

    Hot Water Electric

    Heating Baseboard - Electric

    Cooling Window Unit(s)

    Fireplace N

    Heat Source Electric

  • Exterior

    Exterior Feature Porch(es)

    Garage Spaces 1.0

    Water Access N

    Accessibility None

    Porch Porch(es)

    Total Parking Spaces 1

    Garage N

  • Schools

    School District The School District Of Philadelphia

  • Others

    Tax ID 406347900

    Ownership Fee Simple

    SqFt Source 1102

    Special Listing Condition Standard

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