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RE/MAX @ HOME, 2156073535, Maria Quattrone
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1611 W ERIE AVE, PHILADELPHIA, PA 19140
1611 W ERIE AVE, PHILADELPHIA, PA 19140
Estimation provided by Keller Williams Realty Inc.
Property Description
This updated duplex property located in Nicetown-Tioga neighborhood offers a fantastic investment opportunity. The building features two modern, renovated units with updated finishes and hardwood floors throughout. Unit 1, located on the first floor, includes 2 bedrooms, 1 bathroom, and is currently rented out for $850/month. The first floor also has access to a rear yard from the kitchen and a full basement for additional storage. Unit 2, on the second floor, boasts 3 bedrooms and 1 bathroom and has a living room. This unit is currently occupied by the sellers and will be delivered vacant upon closing. The property has all-new water heaters and gas heaters, installed in October 2024, and the front yard is cemented with a charming white picket fence. All the utilities in the property are separated and the seller has a rental licenses for both units making this a legal duplex. This is an excellent opportunity for an owner occupant to live in one of the units while renting the other out to help offset the monthly mortgage payment. Or this can be a good investment opportunity for for an investor looking to add a well maintained duplex to their renal portfolio. Either way this is a must see for owner occupants and investors alike.The property is being sold in As is Condition. The property qualifies for the CRA program, offering a conventional loan with no mortgage insurance.With a Walk Score of 83, Transit Score of 80, and Bike Score of 52, this location offers excellent accessibility. It's just a few minutes from the Erie Station on the BSL, with quick access to the NRG Station and Fern Rock TC. Nearby, you'll find a variety of restaurants and cafes, including Soul Delicious Catering, Church Chicken, Bravo Pizza, Starbucks, and Coffee Land. The property is situated in the Tioga-Nicetown neighborhood of Philadelphia, close to parks such as Marcus Foster Memorial Stadium, Hunting Park, and Fernhill Park.Don’t let this opportunity pass—schedule your visit today!
Property Details
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Overview
Property Type
Twin/Semi-Detached
Property Size
Year Built
1930
Days on Site
113 Days
HVAC
Cooling: Window Unit(s), Heating: Radiator, Cooling Fuel: Electric, Heating Fuel: Natural Gas
Parking
Yes
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
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Estimated Monthly Payment
Purchase Price:
$230,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
02/13/2025
Price Decrease
(-8% )
01/13/2025
Price Decrease
(-7.41% )
12/09/2024
Listed
(+132.76% )
06/29/2007
Sold
(+93.33% )
01/31/2006
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
Land 15,780 +
Additions 63,120
2022
(+7.79% )
Land 15,780 +
Additions 63,120
2021
Land 10,980 +
Additions 62,220
2020
(+3.39% )
Land 10,980 +
Additions 62,220
2019
(+7.27% )
Land 10,620 +
Additions 60,180
2018
Land 9,900 +
Additions 56,100
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Transit & Commute
Estimated commute times from Tioga - North
Car-Dependent
Walkable
Very Walkable
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