3405-3407 W CLEARFIELD ST Active

Philadelphia,PA 19132

$ 195000

4 Beds

4 Baths

1080 SqFt


Key Details

Property Type Single Family Home, Townhouse

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,080 sqft

Price per Sqft $180

Subdivision None Available

MLS Listing ID PAPH2411992

Style Traditional

Bedrooms 4

Full Baths 4

HOA Y/N N

Abv Grd Liv Area 1,080

Originating Board BRIGHT

Year Built 1929

Annual Tax Amount $5,180

Tax Year 2023

Lot Size 2,351 Sqft

Acres 0.05

Lot Dimensions 20.00 x 118.00

Property Description

This is an exceptional investment opportunity located in the vibrant and growing East Falls neighborhood. The two properties—3405 and 3407 Clearfield Avenue—are being offered together as one parcel. Making this a prime chance for either a cash-flow property or a new development project. The expansive lot offers potential for significant expansion or the construction of new builds, ideal for investors looking to capitalize on the area's ongoing growth.
3405 Clearfield: Offers 2 units, each with 2 bedrooms, a kitchen, living room, and one bathroom.
3407 Clearfield: Offers 3 units, each with 1 bedroom, a kitchen, living room, and one bathroom. Both properties share a water service line and a sewer line.
Currently zoned as RSA5 (Single Family Residential), which typically allows for single-family homes but offers flexibility for certain types of developments. Buyers should verify all zoning requirements and ensure that the properties meet their development or investment goals. City rental regulations and taxes will also need to be thoroughly checked. Buyers should verify zoning and any potential changes that could benefit their plans.
The size and location of the lot present significant opportunities for redevelopment. With new construction occurring in the surrounding neighborhood, this could be an ideal property for a larger-scale project, such as multi-family housing or even townhomes, subject to city approval and zoning changes.
Both properties must be purchased together, which could be an advantage for those looking for a larger footprint or a project that spans two parcels.
This is a compelling investment for someone looking to benefit from a growing neighborhood while potentially tapping into both immediate rental income and long-term development value.

Location

State PA

County Philadelphia

Area 19132 (19132)

Zoning RSA5

Rooms

Basement Other

Main Level Bedrooms 4

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Window Unit(s)

Heat Source Electric

Exterior

Utilities Available Electric Available

Water Access N

Accessibility None

Garage N

Building

Story 5

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 5

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Senior Community No

Tax ID 382009100

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash,Conventional,FHA,FHA 203(k),FHA 203(b)

Listing Terms Cash,Conventional,FHA,FHA 203(k),FHA 203(b)

Financing Cash,Conventional,FHA,FHA 203(k),FHA 203(b)

Special Listing Condition Standard

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