10014 Verree Rd,PHILADELPHIA, PA 19116
PHILADELPHIA, PA 19116
Description
A rare find in Northeast Philadelphia - this well-maintained ranchplex (built as ranchplex) offers two self-contained 2-bedroom, 1-bath units, each with its own private deck, in-unit washer/dryer hookups, and fully separate utilities. Ideal for an investor seeking immediate cash flow or an owner-occupant looking to live in one unit while offsetting their mortgage with rental income from the other.Property Highlights:Two 2-bedroom, 1-bath units in a ranchplex configurationPrivate deck for each unitWasher/dryer hookup in each unitSeparately metered utilities for both unitsFirst-floor unit is currently vacant, newly renovated and move-in readySecond-floor unit is scheduled to be vacant as of 9/30, offering a rare opportunity to acquire the entire property free of existing tenancy.Convenient Northeast Philadelphia location with easy access to major roadways, shopping, and dining.Investment Snapshot:Unit 1 (1st floor): Previously rented at $1,375/month plus water, gas, and utilitiesUnit 2 (2nd floor): Currently rented at $1,225/month plus water, gas and utilities. Strong rental history with long-term tenancy demonstrates consistent demand in the areaWith both units delivering vacant, buyers gain full flexibility - renovate and re-rent at market rate, occupy one unit and lease the other, or hold as a fully tenant-free investment. Schedule your showing today to see the potential this property offers.
Details
| MLS # | PAPH2665736 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending-bright |
| Year | 1966 |
| Days On Site | 48 |
| Listing Provided By | Real of Pennsylvania | Amanda Renee McBride |
Features
| SQ Feet | 1,846 |
|---|---|
| Units | 2 |
| Zoning | RTA1 |
| Acreage | 0.07 |
Interior
| Cooling | Wall Unit |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
Exterior
| Roof | Flat |
|---|---|
| Construction Materials | Aluminum Siding, Stone |
| Foundation Details | Concrete Perimeter |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 5509 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19116 |
| Area | 19116 (19116) |
| Community Name | SOMERTON |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in SOMERTON) | |
Price: $479,000 low | high Med: $412,450 sqft: 1,846 low | high Med: 1,532 $ / sqft: $259 low | high Med: $274 On site: 48 low | high Med: 51.5 | |
Market Activity 19116
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19116 |
| Area | 19116 (19116) |
| Community Name | SOMERTON |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in SOMERTON) | |
Price: $479,000 low | high Med: $412,450 sqft: 1,846 low | high Med: 1,532 $ / sqft: $259 low | high Med: $274 On site: 48 low | high Med: 51.5 | |
