Franklinville Homes under $250,000

Franklinville Homes under $250,000

Welcome to Franklinville, a hidden gem nestled in the vibrant city of Philadelphia, PA! This charming subdivision offers a unique blend of urban convenience and suburban tranquility, making it an ideal choice for families, first-time homebuyers, and anyone looking to embrace the rich culture of Philadelphia without breaking the bank.

Franklinville boasts a diverse array of homes, many of which are available for under $250,000. This affordability is a significant draw for those seeking to invest in real estate or find a cozy place to call home. The neighborhood features a mix of traditional row homes and modern developments, each with its own character and charm. Imagine settling into a quaint residence with easy access to parks, local shops, and community amenities that make everyday living a joy.

The community spirit in Franklinville is palpable, with friendly neighbors and a welcoming atmosphere that encourages connection and engagement. Residents enjoy the convenience of nearby public transportation, allowing for easy commutes to downtown Philadelphia and beyond. With schools, recreational facilities, and dining options just a stone's throw away, Franklinville truly embodies the essence of community living.

Whether you're looking for a starter home or a place to downsize, Franklinville offers a range of properties that fit your budget and lifestyle. Discover the potential of homeownership in this thriving neighborhood, where affordability meets opportunity, and make Franklinville your new home today!

Newest Franklinville Homes under $250,000

3910 N Marshall St, Philadelphia
$185,000
This property qualifies for CRA financing with 3% down, no PMI, and an interest rate lower than FHA. HWA home warranty will be included in the sale of the property. The program is available for an owner-occupied principal residence, so the buyer must occupy the property as their primary residence. Flexible Duplex Investment Opportunity! This duplex offers multiple income-producing possibilities with a flexible layout, making it an ideal opportunity for both investors and owner-occupants. The property includes a rental license for two residential rental units. The second floor features a 2-bedroom, 1-full bath apartment that is currently tenant-occupied, and the tenant would like to remain after the sale, providing immediate rental income for the new owner. The first floor offers a 2-bedroom, 2-full bathroom unit with access to a full basement, which includes an additional full bathroom and additional common area, adding even more flexibility and functionality. Units A and B are currently leased through October 2nd, generating $1,200 and $1,300 per month. The property is all-electric, with no gas service, and includes a recently installed water meter (approximately two years old). A small backyard provides outdoor space for tenants or personal enjoyment. The property has a valid use permit for a duplex and active rental license. Additionally, KeyBank is offering a $5,000 lender credit, which may be combined with the Philly First $10,000 Grant. The lender credit may be applied toward closing costs, prepaid mortgage expenses, hazard or flood insurance, escrow deposits, real estate taxes, or per diem interest. The program is available for an owner-occupied principal residence, so the buyer must occupy the property as their primary residence. The property is being sold strictly AS-IS. The seller will not make any repairs or provide credits for repairs. Zoning compliance would be the buyer’s responsibility. A minimum of 24 hours' notice is required for all showings due to the occupied units. Conveniently located near Hunting Park, Marcus Foster Memorial Stadium, Mann Recreation Center, shopping, dining, and public transportation, this property offers easy access to everyday amenities and major commuter routes. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property presents an outstanding opportunity. Schedule your private showing today!

3910 N Marshall St, Philadelphia

Listing courtesy of LPT Realty, LLC. Contact:

3910 N Marshall St, Philadelphia
$185,000
4 Beds ⋅ 3 Baths
This property qualifies for CRA financing with 3% down, no PMI, and an interest rate lower than FHA. HWA home warranty will be included in the sale of the property. Flexible Duplex Investment Opportunity! This duplex offers multiple income-producing possibilities with a flexible layout, making it an ideal opportunity for both investors and owner-occupants. The property includes a rental license for two residential rental units. The second floor features a 2-bedroom, 1-full bath apartment that is currently tenant-occupied, and the tenant would like to remain after the sale, providing immediate rental income for the new owner. The first floor offers a 2-bedroom, 2-full bathroom unit with access to a full basement, which includes an additional full bathroom and additional common area, adding even more flexibility and functionality. Units A and B are currently leased through October 2nd, generating $1,400 and $1,300 per month. The property is all-electric, with no gas service, and includes a recently installed water meter (approximately two years old). A small backyard provides outdoor space for tenants or personal enjoyment. The property has a valid use permit for a duplex and active rental license. This property qualifies for CRA financing with 3% down, no PMI, and an interest rate lower than FHA for qualified buyers. Additionally, KeyBank is offering a $5,000 lender credit, which may be combined with the Philly First $10,000 Grant. The lender credit may be applied toward closing costs, prepaid mortgage expenses, hazard or flood insurance, escrow deposits, real estate taxes, or per diem interest. The property is being sold strictly AS-IS. The seller will not make any repairs or provide credits for repairs. Zoning compliance would be the buyer’s responsibility. A minimum of 24 hours' notice is required for all showings due to the occupied units. Key Bank is offering a 5K credit for this property which can be tied in with the Philly First 10K grant. The 5K credit can be applied toward closing costs or to prepay mortgage, flood/hazard insurance, escrow deposit, real estate taxes, or per diem interest. Conveniently located near Hunting Park, Marcus Foster Memorial Stadium, Mann Recreation Center, shopping, dining, and public transportation, this property offers easy access to everyday amenities and major commuter routes. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property presents an outstanding opportunity. Schedule your private showing today!

3910 N Marshall St, Philadelphia

Listing courtesy of LPT Realty, LLC. Contact:

Start Your Search