#PAPH2439914, Robert Enslin III, Listing Office: Kershaw Real Estate
465 Cinnaminson St Philadelphia, PA 19128
Property details
About 465 Cinnaminson St
This property in Roxborough is an attractive investment opportunity, particularly for builders or investors looking to capitalize on under-market rental rates and additional land for development. Here are some key points based on the description provided: Location: Roxborough (specific address not provided) Type: Duplex Units: 1st Floor: 2 bedrooms 1 bathroom Monthly rent: $800 (below market value) 2nd Floor: 3 bedrooms 2 bathrooms Monthly rent: $1800 Renovated Additional Feature: Extra lots, suggesting potential for expansion or additional development. Investment Considerations: Rental Income: Currently, the property generates $2,600 per month in rent. If the first-floor unit's rent were adjusted to market rates, this could potentially increase. Renovation and Upgrades: The second floor has already been renovated, which might attract higher-quality tenants or justify higher rent. The condition of the first floor could be a focus for future improvements. Development Potential: With extra lots, there's room for further investment like building additional units or expanding the existing structure, subject to zoning laws and permits. Next Steps: Viewing: It's recommended to make an appointment to inspect the property in person to assess the condition, potential renovation needs, and to better understand the neighborhood.
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2441816
- MLS Name: BRIGHT
- Office Name: Philadelphia Area Realty
- Office Phone: (267) 688-4531
- Office Email: phillyarearealty@gmail.com
- Listing Agent: Christopher V Wagenhoffer
- Agent Phone: (267) 688-4531
- Agent Email: chriswagenhoffer@gmail.com
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Last updated on: 3/14/2025, 3:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$625,000
465 Cinnaminson St
$7,422
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
7
Belmont Hills Elementary School
Public District KG-4
1.3 mi
•200 School St
8
Cynwyd Elementary School
Public District KG-4
2.1 mi
•101 W Levering Mill Rd
7
Penn Valley Elementary School
Public District KG-4
2.4 mi
•301 Righters Mill Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $69,828. Most Philadelphia, PA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
Similar homes for sale
This home is located at 465 Cinnaminson St in Philadelphia, PA and zip code 19128 in the Roxborough neighborhood. This 2,585 square foot home, which was built in 1920, sits on a 0.20 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 4, 2025 and is currently priced at $625,000.
In February 2025 more than 154 listings in Philadelphia, PA were sold above the asking price. During the same period more than 166 listings were sold at asking price, while more than 396 were sold below. The inventory of homes for sale in Philadelphia, PA between January and February 2025 increased by 10.7%. Listings spent 59 days on the market in February 2025, and had a median list price of $268,469 during the same period.