1831 Mckean St, Philadelphia, PA 19145

Property Description

Situated in the Newbold neighborhood of South Philadelphia, this two-unit multi-family rowhome presents an excellent renovation project for investors looking to add to their rental portfolio or developers looking for their next value-add venture. The property requires a rehab to reach its full potential and is being sold in AS-IS condition. A significant asset to the property, the building features separate utilities with individual gas, electric, and water meters already installed for each unit. The first-floor unit layout includes one bedroom, a full bathroom, and a flexible bonus area ideal for a home office or dining space. This unit also provides direct access to the unfinished basement for utilities and storage, alongside access to a private rear yard. The second-floor unit features a similar layout, housing one bedroom, a full bathroom, and an additional bonus area. The residence is located on a residential block just a short distance from local Newbold favorites like Ultimo Coffee, South Philadelphia Tap Room, and the dining and retail options along West Passyunk Avenue. The location offers simple commuting via the Broad Street Line at Snyder Station and quick access to I-76, balancing a highly walkable neighborhood setting with straightforward regional transit. Schedule your tour today!