Bought with Maria C Zolezzi • Century 21 Action Plus Realty - Bordentown
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601 MAPLE AVE Philadelphia, PA 19116
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Key Details
Sold Price $252,500
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,050 sqft
Price per Sqft $82
Subdivision Somerton
MLS Listing ID PAPH2563916
Sold Date 12/25/25
Style Traditional,Side-by-Side
Bedrooms 5
Full Baths 1
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 3,050
Year Built 1920
Annual Tax Amount $5,982
Tax Year 2025
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Detached
Source BRIGHT
Property Description
Discover a prime investment opportunity in the heart of the SOMERTON subdivision. This traditional detached home, built in 1920, offers a unique canvas for savvy investors looking to capitalize on a property with significant potential. With five spacious bedrooms and one and a half bathrooms, this residence is ripe for renovation and modernization, making it an ideal candidate for a major rehab project. The property is situated on a generous lot with a driveway that accommodates two vehicles, ensuring convenience for future tenants or owners. While the home requires substantial updates, the classic architectural style and solid frame construction provide a strong foundation for a profitable investment. Investors will appreciate the potential for increased rental income once renovations are completed. The demand for rental properties in this area remains robust, driven by a growing community and proximity to essential amenities. With the right vision and investment, this property can be transformed into a desirable rental unit or a flip opportunity that yields significant returns. For homebuyers, this could potentially qualify for a Conventional Fannie MAC Fannie MAE Renovation loan. The basement offers additional space that can be utilized creatively, whether for storage, a workshop, or even additional living space, depending on your renovation plans.These home factors present an opportunity to add value and customize the property to meet market demands. This property is not just a house; it's a chance to create a profitable asset in a thriving neighborhood. With the right renovations, you can enhance its appeal and maximize your return on investment or make it your forever home.
Don't miss out on this opportunity to turn a diamond in the rough into a shining gem in the SOMERTON market. Seize the chance to invest in a property with immense potential-schedule a viewing today and explore the possibilities that await!
Location
State PA
County Philadelphia
Area 19116 (19116)
Zoning RSD2
Rooms
Other Rooms Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 1, Half Bath
Basement Other
Main Level Bedrooms 5
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Story 2
Foundation Concrete Perimeter
Above Ground Finished SqFt 3050
Sewer Public Septic
Water Public
Architectural Style Traditional, Side-by-Side
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Pets Allowed Y
Senior Community No
Tax ID 583025010
Ownership Fee Simple
SqFt Source 3050
Acceptable Financing Cash, FHA 203(k), Conventional, Other
Listing Terms Cash, FHA 203(k), Conventional, Other
Financing Cash,FHA 203(k),Conventional,Other
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
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