450 Lyceum Ave

Philadelphia, PA 19128 View Map $750,000 Schedule a Tour
Sq.Ft. Lot6,500
Year1900
Reid Rosenthal

Reid Rosenthal

(267) 626-7613

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Status: Active
Listing Office:Coldwell Banker Realty
Property Type:Detached
MLS #:PAPH2146676
On Site:7 Days
Lot Size:6,500 Sq. Ft.
County:Philadelphia
EXCEPTIONAL OPPORTUNITY: This four-unit apartment building located in a highly-desired neighborhood of Roxborough offers one spacious two-bedroom and three one-bedroom apartments each with tons of characters and historic charms and all units are in very good shape and the basement has a coin-operated laundry and also a huge storage for each unit and a half bath in public area. There are 4 parking spaces in the back of the building with a two-car garage (separately rented for $450) at the front. This corner gem, designated historic by the City of Philadelphia early 2022, currently generates around $70000 in annual rent. The building is fully occupied with great tenants and has no vacancies during the Seller s ownership and unbelievably rented out in less than 2 weeks. There is a great potential to increase the property cashflow by easily converting part of the huge porch into a bedroom in unit 2. This beauty is step away from Ridge Ave with tons of stores and restaurants and there is a bus stop conveniently located at the front of property and a short drive to main Street Manayunk and easily accessed from I76 and 20m drive to center city or the Mainline. This turnkey investment will not last. Schedule your tour today and because the units are fully occupied, it requires 24-hour notice to show. Please note that the city of Philadelphia has conducted a tax reassessment effective Jan 2023 and accordingly, the buyer agent is responsible for informing clients of 2023 taxes.

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Community Information

Address:450 Lyceum Ave Philadelphia, PA 19128
Zip Code:19128

Architecture

Year Built:1900
Style:Other
Exterior: Stone
Roof: Slate, Flat
Basement: Unfinished
Garage: Other
Garage Spaces: 2.00
Detached Garage Spaces: 2

Features / Amenities

Floor: Hardwood, Carpet
Other Structures: Above Grade, Below Grade
Accessibility Features: 2+ Access Exits
Cooling: Wall Unit
Heating: Hot Water
Cooking Fuel: Electric
Fuel On Site: Natural Gas
Hot Water: Natural Gas

Property Features

Lot Size: 0.15 Acres / 6,500 Sq. Ft.
Lot Number: 84
Parking: Detached Garage, Parking Lot
Parking Features: Private
Parking Lot - # of Spaces: 4
Sewer: Public Sewer
Water Source: Public
Municipality: PHILADELPHIA
Zoning:RSA3
Directions:South on Ridge Ave. to right on Lyceum Ave.

Tax and Financial Info

Tax Year: 2022
Total Taxes: $6,824 (paid Annually)
School Tax: $3,744
Annual Gross Income: $69, 360

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450 Lyceum Ave Philadelphia, PA 19128
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450 Lyceum Ave Philadelphia, PA 19128
 
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Listing Information Last Updated 8/10/2022
The information being provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. Berkshire Hathaway Home Services Fox & Roach REALTORS is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Berkshire Hathaway Home Services Fox & Roach REALTORS, a broker participant of Bright MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

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