Bought with Latasha Beckton • HomeSmart Realty Advisors
$90,000
$95,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2 Baths
1,958 SqFt
SOLD DATE : 10/09/2026
Key Details
Sold Price $90,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,958 sqft
Price per Sqft $45
Subdivision Nicetown-Tioga
MLS Listing ID PAPH2622048
Sold Date 10/09/26
Style Traditional
Bedrooms 5
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 1,958
Year Built 1930
Annual Tax Amount $2,082
Tax Year 2025
Lot Size 1,276 Sqft
Acres 0.03
Lot Dimensions 16.00 x 82.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
1948 Rowan St presents a prime value-add opportunity in Philadelphia for investors, developers, or savvy end users seeking a multifamily redevelopment project. The property is a legal shell currently zoned RM-1 multifamily, offering potential for future residential redevelopment in an area experiencing continued investment and neighborhood growth. The property is being sold in as-is condition and will require a full renovation, making it well-suited for buyers looking to create long-term value through redevelopment or repositioning. Conveniently located near public transportation, major roadways, shopping, and neighborhood amenities, the property benefits from strong accessibility and increasing demand throughout the surrounding area. Buyer is solely responsible for conducting their own due diligence regarding zoning, permitted uses, licensing, occupancy requirements, and redevelopment potential. Buyers are strongly advised to consult with their attorney, architect, and licensed professionals to independently verify all zoning and development information prior to purchase.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Story 2
Foundation Stone
Above Ground Finished SqFt 1958
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Senior Community No
Tax ID 131356200
Ownership Fee Simple
SqFt Source 1958
Special Listing Condition Standard
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