[Multifamily] 3232 Harcum Way South Side, 15203 For Sale

  • $99,000
  • 4 beds
  • 2 baths
  • 2,312 sqft

[cha-ching!]



CLEAN GUT|on the corner WITH parking (in both the side street + small detached garage)!

Between Jane & Mary Streets (see aerial photo). Of course a couple blocks from E. Carson Street.

2 homes, 1 parcel – zoned a duplex; it’s actually 2 completely independent homes, not attached to anything but each other. Separate utilities.

Options:

  1. keep as a 4BR/2BA duplex (2 – 2BR/1BAs)
  2. convert to two 3/1 or 3/2 units (easily doable / there’s room)
  3. make a large single-family
  4. segregate parcel into two 1,156 sq. ft. SFRs
  5. anything else you can assume will be profitable or interesting

  • Down-to-studs
  • Exposed brick
  • Fenced backyard
  • Mega-tall ceilings
  • Attic has windows for additional bedroom options

 

ROI = up to you; depending on some scenarios I ran for the 5 options above, you’re looking at either a heavy cash return or a CAP from 12% → 16%.

Really nice properties surrounding – high neighborhood appeal.

Probably won’t see a deal like this again. Imagine the return if you separate into 2 parcels!!


  • Taxes: $1,245
  • Electric: Needs updating
  • Plumbing: Needs updating
  • Kitchen: Needs both
  • Bath: Needs both
  • Roof: 15 yrs old
  • Furnace: Needs both
  • Hot Water Tank: Needs both
  • Windows: Single-paned
  • (2) 2 BR / 1 BA
  • Floors: 2
  • Parking: Off-street (1-car garage + plenty on side street)
  • Rental Potential: $2,750/mo (TOTAL)
Price:
$99,000
Address:
3232 Harcum Way
South Side, PA 15203
Square Feet:
2,312
Lot Size:
1,867
Bedrooms:
4
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1900
Basement:
Full; unfinished
Const. Type:
Frame

Call (800) 788-9882 for more details

Property Location