USAPAPhiladelphiaNone Available6024 Larchwood Ave

$1,875,000

For Sale

A year ago

6024 Larchwood Ave, Philadelphia, PA

Name: 6024 Larchwood Ave, For Sale in PHILADELPHIA - eXp Realty
Brand: Mount Airy Real Estate
SKU: PAPH2473184
Price: 1875000 USD

MLS® PAPH2473184

0 Bed

19 Bath

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Commercial Sale

Size -

Garage No

HOA Fees $24,000

Taxes $26,253

Days Active 332

Approx. Age 1910

MLS® Number PAPH2473184

Property Address: 6024 Larchwood Ave, PHILADELPHIA, PA, 19143-1138

Average square foot calculated using Size range provided by listing agent.

Description

A fantastic opportunity to acquire this newly renovated apartment building. Centered in and around the burgeoning Cobbs Creek neighborhood in West Philadelphia. In a tight geographic area ideal for management and enhanced economies of scale. In a red-hot neighborhood with some under-valued rents and significant capital appreciation opportunity. Professionally managed package (property manager can remain, at buyer's option). An advantageous investment opportunity in a rapidly improving West Philadelphia neighborhood, close to all amenities, public transportation, "the El" Market-Frankford Line, and the Cobb Creek Trail, just minutes away. Other developments include a $65 million commitment by the city of Philadelphia, The Cobbs Creek Foundation, and The TGR Foundation (founded by Tiger Woods) to revamp the existing golf course (Philadelphia's oldest course), enhance the public space, and create an educational campus for local youth. The Cobbs Creek Environmental Center has also planned significant improvements. The building consists of 18 Apartments: "2"x 2-bedrooms, "16" x 1-bedroom apartments. All Apartments are newly renovated and have newer kitchens, baths, ceiling fans, 100 Amp. Electric Service, Hook-ups for Washer/ Dryers (some Micro Waves & Washer/Dryers are already installed. All utilities are separate, except water; 24-hour video monitoring and WiFi. Each Unit has 3 PTACs, some have more. Package Terminal Air-Conditioners. They provide Central Heat & Air-Conditioning Power by electricity, paid by each residence. Each residence can set their units to their comfort zone, hot or cold. Lobby entrance has a keyless call box that allows family and deliveries entry without leaving your unit, with a touch of your cell phone. Basement is full-sized, offering plenty of storage space with an office and a bathroom.

MLS® NumberPAPH2473184

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1910

Stories3

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 22, 2025List Date

$1,875,000List Price

-End Date

Not Sold YetSold Price

For Rent

May 11, 2025List Date

$1,050List Price

-End Date

Not Sold YetSold Price

For Rent

Apr 28, 2025List Date

$1,050List Price

Commute

Commute

Starting Address

Destination Address

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