206 W ALLEGHENY AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19133
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,040 sqft
Price per Sqft $216
Subdivision Kensington
MLS Listing ID PAPH2529122
Style Traditional
Bedrooms 4
Full Baths 3
Year Built 1920
Annual Tax Amount $1,304
Tax Year 2025
Lot Size 1,040 Sqft
Property Sub-Type Interior Row/Townhouse
Property Description
This property offers a singular investment opportunity. It is currently being utilized as a rooming house on the second floor (featuring 3 good size bedrooms), and an apartment on the first floor. The property's RM-1 zoning designation signifies its location in a residential area specifically zoned for multi-family dwellings. The seller previously operated a barber shop on the first floor, a use that is still permissible and potentially lucrative. The first floor features seven barber chairs that can be rented out individually, providing a substantial source of cash flow. Additionally, there is another apartment situated at the rear of the first floor. While the building does not feature a kitchen, one can be easily installed. The basement boasts a separate entrance at the front of the building and has the potential to be transformed into an additional apartment. Utilities are separate, with the exception of water and gas. The prime location offers easy access to public transportation, shops, hospitals, and supermarkets. Buyers will be pleased with this exceptional opportunity. The property is currently leased to responsible, long-term tenants.
Location
State PA
County Philadelphia
Area 19133 (19133)
Zoning RM1
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Exterior
Water Access N
Building
Story 2
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Special Listing Condition Standard