701 N 63Rd Street, Philadelphia, PA 19151-3804 $450,000
Interior Sq. Ft: 4,627
Acreage: 0.06
Age:109 years
Design/Type:
Detached
Description
Welcome to 701 N 63rd St - a property full of possibilities! The highest and best use of this property is 3 residential units and either 1 or 2 commercial units, depending on how you utilize the space. The main entry way should function as a common space, and can be turned into a foyer or mailroom. This spacious floor has ample room to be used as a commercial space after passing the stairs, which would lead to residential units. This level has a half bath and a large kitchen with an industrial fridge and stove/hood. The second floor has a separate staircase accessible through the main foyer as well as the rear of the first floor. This floor has 4 rooms and a large bathroom. The third floor has 3 rooms and a full bathroom. The highest and best use is to make both the second and third floors into individual flat apartments. In the lower level, the fully finished basement has its own private entrance on the side of the building. This space runs the length of the home and has multiple rooms that can be used as offices, a daycare, medical office, educational facilities, retail and much more. It also has a full bathroom. The highest and best use of this property is to make the first, second and third levels individual flat apartments. The walkout basement level and detached garage could be one business or two separate commercial spaces. The current owner had plans to create 3 residences, a daycare and a salon in the detached garage. As a 4 unit, this would be eligible for conventional renovation loan financing - reach out for more information on this option.
Condo Assoc: No
Basement:
Pool: No Pool
Features
Utilities
Hot Water & Baseboard - Electric Heating, Natural Gas, Window Unit(s) Cooling, Electric, Hot Water - Natural Gas, Public Water, Public Sewer
Garage/Parking
Detached Garage, Other, Detached Garage Spaces #: 3;
Interior
Accessibility - Kitchen Mod, Accessibility - Level Entry - Main,
Exterior
Brick/Mortar Foundation, Masonry
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Public Elementary (115 schools)
Public Middle (19 schools)
Public High (47 schools)
Private (127 schools)
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This report is a detailed community overview for Philadelphia (19151), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 37
- Average salary of people in this community: $41,156
Community Summary
- Population Density (ppl / mile): 13,840
- Household Size (ppl): 2.80
- Households w/ Children: 70%
Housing Inventory
- Owned: 7,802 (57.7%)
- Rented: 3,978 (29.4%)
- Vacant: 1,737 (12.9%)
- Total: 13,517
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: 1.6%
- Some High School: 6.2%
- High School Graduate: 33.4%
- Some College: 24.5%
- Associate Degree: 6.2%
- Bachelor's Degree: 16.8%
- Graduate Degree: 11.3%
Income by dollar range
Median Income: $49,788
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: $817
- One Bedroom: $745
- Two Bedroom: $944
- Three Bedroom: $1,225
- Four Bedroom: $1,421
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Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-709-2343
Listing Courtesy of: KW Empower , vicki@kwempower.com
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 12/25/2024.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.