206 E MERMAID LN, PHILADELPHIA, PA 19118 (MLS # 7069942)

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PRICE $329,000
BEDS 0
BATHS 0 bath
HOME SIZE 2,442 sq ft
LOT SIZE 3,049 sqft

Attention Investors? classic Chestnut Hill stone Duplex in excellent condition with long-term tenants and loads of original character & detail. Just a stone's throw from Wyndmoor train station and the Germantown Avenue retail corridor, this well located property consists of a stucco over stone basement level, two stories of Wissahickon schist masonry surmounted by a mansard roof dormer level. There are separate utilities for each unit, gas & electric paid by the tenants while landlord pays water & sewer for the building. Enter the common hallway through a cheery red door, first unit is to your right. Sunny two bedroom bi-level apartment has high ceilings, wood flooring and an historic mantel piece in the living/dining room, small breakfast room leads to the efficient galley kitchen and a glass french door opens out to a totally private, enclosed brick terrace; perfect spot for container garden or entertaining. There is a large front room which can be used as a bedroom or additional living space with big windows on two sides. Upstairs is the full, tiled bath with tub/shower combination, stacked laundry, a large bedroom with walk-in closet and a private walk-out porch overlooking the street. The second unit is also two bedrooms, one bath and shares the common entry. Up one flight of stairs to the unit's door, enter into a high ceilinged main living space with hardwood floors, modern pullman style kitchen along one wall with maple cabinets, slate backsplash, stainless appliances, and a mobile island. North facing painter's light fills the space. Stairs to top level lead to two good size bedrooms with nice closet storage and a black & white tiled hall bath with tub/shower and stacked laundry. This historic building has a well-planned layout with excellent use of space, very easy to share each of the two units or great for individual occupants who need extra space. There is a bonus basement space with separate entrance at street level, cemented floor, drywalled throughout and a full bath w/ stall shower - could be storage for tenants, private storage for an off-site owner, studio space or connect it to the lower unit for even more square footage. "Very walkable, bikeable, w/ good transit" and near Winston Park this property is a great long-term investment opportunity for both professional owners or an owner occupant, make your appointment to see it today!

LAST UPDATED 10/17/2017 TRACT CHESTNUT HILL
YEAR BUILT 1925 COMMUNITY 19118 (19118)
COUNTY PHILADELPHIA STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Philadelphia
Elementary School HOUSTON HENRY
High School ROXBOROUGH


ADDITIONAL DETAILS
AIR Wall Unit
AIR CONDITIONING Yes
AREA 19118 (19118)
BASEMENT Full, Partial Finished, Yes
CONSTRUCTION Stone
GARAGE NoGarage
HEAT Forced Air, Gas
LOT 3049 sq ft
LOT DIMENSIONS 50X60
POOL DESCRIPTION N
SEWER Public Sewer
STYLE Duplex
SUBDIVISION CHESTNUT HILL
TAXES 4097.0
UTILITIES Public; Public Sewer;
WATER Public
WATERFRONT DESCRIPTION N

ZESTIMATE
  206 E MERMAID LN, PHILADELPHIA, PA

RENT ZESTIMATE
  206 E MERMAID LN, PHILADELPHIA, PA

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Listing with: BHHS Fox & Roach-CC Rittenhouse Hotel

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