#PAPH2449206, Peter McNicholas, Listing Office: Homestarr Realty
616 S 60th St Philadelphia, PA 19143
Property details
About 616 S 60th St
Legally Zoned Multi Family Duplex Investment Opportunity with Tremendous Potential – 616 S 60th St This fully occupied duplex offers an incredible investment opportunity in a rapidly developing neighborhood. Located at 616 S 60th Street, this property is positioned in a vibrant community with exciting developments on the horizon. With the option to deliver the property vacant, you have the flexibility to maximize its potential and tailor it to your needs. Property Features: First Floor: A spacious 2-bedroom, 1-bathroom unit that offers comfortable living space and steady rental income. Second Floor: A well-maintained 3-bedroom, 1-bathroom unit providing ample space and great living conditions for tenants. Fully Occupied: Both units are currently leased, providing immediate cash flow and reliable income. Vacant Delivery Option: The property can be delivered vacant, giving you the flexibility to either move in or lease the units at market rates for an increased return on investment. Location & Neighborhood: Upcoming Community Grocer: A brand-new community grocer is coming soon to the neighborhood, adding convenience for residents and making the area even more desirable. Rapid Neighborhood Growth: The surrounding area is seeing increased development, with new businesses and residential projects underway, making this an ideal location for long-term investment. Convenient Amenities: Residents will enjoy close proximity to local restaurants, shops, parks, and public transportation, offering easy access to everything they need. Why Invest in 616 S 60th St? Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a property with future upside, 616 S 60th Street is a rare opportunity. With two spacious units, a flexible delivery option, and a neighborhood on the rise, this property offers both immediate income and long-term growth potential. Don’t miss out on this exciting opportunity! Contact us today to schedule a tour and see the potential for yourself.
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2459634
- MLS Name: BRIGHT
- Office Name: Realty ONE Group Focus
- Office Phone: (484) 500-1681
- Office Email: stacey@rogfocus.com
- Listing Agent: Tyrell Taylor
- Agent Phone: (267) 442-8451
- Agent Email: tyrell@taylormadephilly.com
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Last updated on: 4/4/2025, 9:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$299,000
616 S 60th St
$3,551
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 10, 2019 | Home Sold | $265,000 |
Jul 24, 2018 | Home Sold | $49,500 |
Sep 22, 2016 | Home Sold | $13,300 |
Oct 14, 2004 | Home Sold | $11,100 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $246,800 | $3,454 |
2022 | $246,800 | $1,346 |
2021 | $- | $1,046 |
2020 | $96,200 | $1,346 |
2019 | $92,600 | $1,296 |
2018 | $86,400 | $1,209 |
2017 | $86,400 | $1,209 |
History based on county public records data.
Nearby schools
3
Stonehurst Hills Elementary School
Public District 1-5
0.8 mi
•7051 Ruskin Ln
6
W.B. Evans Elementary School
Public Magnet KG-6
1.1 mi
•900 Baily Rd
4
East Lansdowne Elementary School
Public District KG-6
1.2 mi
•401 Emerson Ave
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 $84,063. Typical income of Philadelphia, PA residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 616 S 60th St in Philadelphia, PA and zip code 19143 in the Cobbs Creek neighborhood. This 1,650 square foot home, which was built in 1920, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 20, 2025 and is currently priced at $299,000.
In March 2025, from all listings sold in Philadelphia, PA there were more than 174 sold above asking price, over 344 sold below and more than 171 were sold right at the asked price. The inventory of homes for sale in Philadelphia, PA between February and March 2025 increased by 29.2%. The median list price of listings available in March 2025 was $269,412, while the average time on the real estate market was 50 days.