Introducing a remarkable investment opportunity located in North Philly. Surrounding this property are key community features like the George Washington Carver High School of Engineering and Science, North Broad Train Station, and The Fresh Grocer of Progress Plaza, enhancing its attractiveness for future occupants. This property is an 'As-Is' sale, making it a perfect canvas for investors looking for either a straightforward flip project or a steady income stream through long-term rental. These possibilities make it a cornerstone for either seasoned investors or those wanting to step into the real estate investment game with a solid start. Consider the potential opportunities this property presents as an addition to your investment portfolio.
Property Highlights: - First Unit (Ready for Tenancy): Features one bedroom and one bathroom, with potential rent estimated at approximately $950 per month . - Second Unit (Ready for Tenancy): Offers two bedrooms and one bathroom, with potential rent estimated at approximately $1,100 per month.
Recent Upgrades & Features: - New Windows: Enjoy the blend of energy efficiency and aesthetic appeal with newly installed windows. - Freshly Tiled Kitchens: Step into a space that radiates contemporary charm with new tiling. - Stylish Bathroom Renovations: The first-floor unit boasts a bathroom that combines style and functionality. - Updated Plumbing & Electrical Systems: Rest easy knowing the essentials have been handled with care, offering turnkey peace of mind. - Young Roof: With the roof under ten years old, anticipate minimal maintenance issues. - Certified for Safety: Lead certification checks the box for safety and compliance. Zoning: Currently designated as RSA-5, with Residential Multi-Family 1 approval pending. The process is supported by a reliable legal team and community backing.
Listed by Glenn Irving Gray Jr.
·
EXP Realty, LLC
·
3106925729
Last updated July 30, 2025
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Source: BrightMLS #PAPH2484616
Listing Facts
TypeSingle-family
NeighborhoodStanton
Bedrooms3
Bathrooms2
Days on Prevu114
Taxes$1,189/year
Size1,036 sqft
Price per sqft$111
Location
Mortgage Calculator
Listing History
07/29/2025
Price Decreased
$114,500
05/19/2025
Listed by EXP Realty, LLC
$125,000
Property Details for 2617 N Bancroft Street
Exterior
Construction
New Construction: No
Property Condition: Average
Year Built: 1915
Architectural Style: Other
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.02
Lot Size Dimensions: 14
Lot Size Source: Assessor
Lot Size Square Feet: 672
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $1,189.00
Tax Year: 2024
Interior
Features
Fireplace: No
Measurements
Living Area: 1,036
Living Area Source: Assessor
Rooms
Basement: Unfinished
Has Basement: Yes
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 3
Main Level Bedrooms: 2
Other
General
Exclusions: Tenant's personal property
Senior Community: No
Location
Subdivision Name: PHILADELPHIA (NORTH)
Tax Lot: 19
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Window Unit(s)
Heating: Baseboard - Electric
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
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