Description
Subject is located in the Cedar Park section of S/W Philadelphia, 1/2 block west of beautiful Malcolm x Park, across from Global Leadership Academy Charter School (grades 1-8), bordering University City, Transportation is via SEPTA buses, trolleys and the Frankford-Market Street Elevated Train. 52nd Street is a main business corridor in West Philadelphia, consisting of many businesses, restaurants, retail stores and recreational facilities. There is a large student population in the area due to University of Pennsylvania, Drexel University and the University of Pharmacy and Science. The Subject is zoned as RM1, which covers multi-family housing. Property can be sold with contiguous property 5244 Osage Avenue. Combined there are 6 bedrooms and a total of 13 rooms. Subject needs some work, 5244 has a semi-finished basement and newer stove and hot water heater. Properties are sold as is. No repairs by owner. In the past few years 6 properties in the blk. sold for $200K+, with one selling for $300K.
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