School District: The School District Of Philadelphia
Address: 1515 S COLORADO ST
Patio and porch: Patio(s), Roof, Terrace, Deck(s)
Winter time PRICE REDUCTION for quick settlement by 3/15/2021. INVESTOR/OWNER ALERT: A VERY RARE opportunity to own a new 4 bedroom townhome in the heart of the NEWBOLD section of Point Breeze for less than $450K. Many homeowners in this area rent individual rooms separately for approximately $750 each, and the owner was consistently generating net cash flow of >$1000/month by renting every room individually. Alternatively, you can easily get the mortgage paid for by living in the master bedroom and renting out other rooms. Great potential to generate better cash flow as compared to 3 bedroom offerings at a similar price in the area.
The house was purchased in 2016 and the owner has 6 years left on the tax abatement. Tens of thousands of dollars worth of renovations were done on the house interior with all floors polished and walls repainted. Careful attention was paid to every corner of the house to elevate it to a position similar to other new constructions. New construction in the area has boomed for quite some time and nearly every house on the block is either new or recently rehabbed. The neighborhood has both easy access to public transportation and street side parking.
Features of this unique construction include a finished basement, newly painted walls and polished wooden floors and an attractive ROOF-TOP DECK/TERRACE to enjoy Philly's wonderful SKYLINE view from just South of Center City Philly! This townhome was built four years ago with the highest quality finishes, the latest appliances, an in-built wired speaker system that can play music throughout the house, an intercom, a security camera system, a fire sprinkler system & an intercom. You can park the car on the one-way S. Colorado st and walk up a few steps to the front door. Enter into the main level into a bright living room with a high ceiling and multiple recessed lights. Through the open-concept floor plan, the living room leads to dining, modern & upgraded island eat-in kitchen with Quartz Countertop, Tiled Back splash, under the cabinet lighting, attractive pendant lighting and all stainless appliances. The back of this great room opens into a sunny & private fenced patio. A set of open stairs lead to 2nd level containing 2 bed rooms, hall, and bath with updates and stacked washer & dryer. Another set of open stairs leads to the 3rd level boasting a spacious master bedroom, walk in closet and expansive contemporary bath room with newer designed attractive double sink vanity countertop & lighted mirror, updated pebble stone floored walk-in shower stall with glass enclosures, double shower heads, and a large privacy glazed window that brings ample natural daylight into entire bathroom. Several steps walk up greets you to the sunny & breezy roof top deck/balcony, with an incredible 360 degree view of Philadelphia day time and well as night time. The sunrise and sunset views are gorgeous. The owner has invested significantly in the home since purchase and the basement is fully finished with the 4th Bedroom with large Egress Window bringing lots of the daylight, FULL bath with walk-in shower stall & pebble stone floors. With so much to offer, why wait for new construction? Take advantage of the price reduction for settlement prior to 3/15/2021.
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 27th February, 2021 8:49 AM