MLS® ID: 7268911
1318-20 W CUMBERLAND STREET
PHILADELPHIA, Pennsylvania, 19132 $299,000
Investor Alert! All offers will be considered! Check out these two, large spacious Twin Homes that have been co-joined together to create an enormous living area. This 9 Bedroom, 4 Bathroom Building has great income potential for the many various functions it can serve. The building was previously used as a rooming house. It boasts a Commercial Kitchen, Hard Wired Centralized Smoke and Fire System, Close Circuit Camera System, and a front Office space with a Bathroom. There are two Crossovers adjoining the buildings, one at first floor and another on the second floor. Fire escape exits can be entered from the second and third floor. This property is only a few blocks north of Temple University Hospital, a few blocks south of Temple University and only steps away from Broad St. It is walking distance to North Broad St. Station and North Philadelphia Station and just a short drive to the nightlife of Center City. With the right updating, it has the potential to bring in significant income without being totally occupied. This opportunity has 'investment' and 'cash flow' written all over it. New construction loft style condos are just a few doors down and a plans for Temple University Student Housing on the same block.