Patterson-Schwartz Real Estate535 W Tabor Road, Philadelphia, PA 19120-2723 $250,000
With Pending Contract
Interior Sq. Ft: 1,680
Acreage: 0.09
Age:106 years
Style:
Traditional
Subdivision: Olney
Design/Type:
Twin/Semi-Detached
Description
Investor Special! Multi-Unit Potential with Extra Lot! Calling all investors! This spacious three-story, 1,680 sq. ft. property is already set up as a two-unit multi-family—perfect for rental income! However, buyers will need to obtain proper zoning approval. The sale includes an additional lot next door, identical in size, offering incredible expansion or development potential. Inside, the first floor features a living room, dining room, kitchen, one bedroom and full bath. The second and third floors boast two bedrooms, a full bath, and a kitchen area, making it ideal for multi-unit conversion or a spacious single-family home. First floor unit can go for $1250 per month in rent & Second floor can $1100 per month in rent with some additional cosmetic work! The property is in good condition, with mainly cosmetic updates needed to maximize value. Recent upgrades including new lighting on the second floor and newer flooring on the first floor. All utilities are separate except for water. Located in a prime area near Einstein Medical Center, Central High School, and LaSalle University, with easy access to Center City, Route 1, I-76, public transportation (Septa Fox Chase Line - Olney Station), restaurants, and shopping. Additional highlights include a fenced-in yard, oversized driveway, street parking, front porch, side deck, and a large basement for extra storage. This as-is sale is an outstanding investment opportunity—don’t miss out! Sale is contingent upon sellers finding suitable housing. Property will be delivered vacant. Listing is also noted on Multi-Family - MLS# PAPH2440664
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
90% Forced Air, Natural Gas, Window Unit(s) Cooling, None, Hot Water - Natural Gas, Public Water, No Septic System
Garage/Parking
Driveway
Interior
Full Basement, Accessibility - Level Entry - Main
Exterior
Brick/Mortar Foundation, Masonry
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Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
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Public Elementary (130 schools)
Public Middle (26 schools)
Public High (50 schools)
Private (103 schools)
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This report is a detailed community overview for Philadelphia (19120), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 37
- Average salary of people in this community: $31,806
Community Summary
- Population Density (ppl / mile): 21,580
- Household Size (ppl): 3.15
- Households w/ Children: 93%
Housing Inventory
- Owned: 14,049 (56.5%)
- Rented: 9,396 (37.8%)
- Vacant: 1,434 (5.8%)
- Total: 24,879
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 11.2%
- Some High School: 13.4%
- High School Graduate: 36.4%
- Some College: 17.5%
- Associate Degree: 7.7%
- Bachelor's Degree: 10.2%
- Graduate Degree: 3.6%
Income by dollar range
Median Income: $37,360
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $758
- One Bedroom: $817
- Two Bedroom: $934
- Three Bedroom: $1,108
- Four Bedroom: $1,234
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Contact Information
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Listing Courtesy of: Weichert Realtors-Cherry Hill , (856) 424-7758, jnaame@weichertrealtors.net
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 3/01/2025.
