1224 S 17th St

Newbold, Philadelphie, PA 19146

Welcome to 1224 South 17th Street. This rarely offered gem in Point Breeze is the perfect place to make your next home and has everything you will ever need. The home has 3 Bedrooms, 2.5 Baths, a deck and a large fenced in backyard. Enter the home to a large living room with hardwood floors and ceiling fan. The home gets tons of natural light throughout. Past the living room is a large dining room area and renovated kitchen. The kitchen features granite countertops, a large island, tile flooring, recessed lighting and stainless steel appliances. The second level has 2 large bedrooms with tons of closet space and a full bathroom. The third floor has the primary bedroom and a full bathroom. There is also a laundry area on the third floor and a deck with great views. The backyard is fenced in with tons of grass and a concrete patio for a table and area to grille. The home has central air! This home is very accessible to public transportation and is conveniently located minutes from the Ellsworth/Federal stop on the Broad Street Line, and SEPTA bus Routes 2 and 17. A 15-20 minute walk takes you right into center city. Tons of shopping, restaurants and other staples such as: American Sardine Bar, Dock Street, Target, Sprouts, Starbucks, On Point Bistro and East Passyunk hotspots like: City Fitness, La Scala's Birra, and Urban Jungle. This home has a Philadelphia Redevelopment Authority (PRA) mortgage (attached) on the property that will expire on September 6, 2032. What does this mean? It means that the buyer must live in the property until that date. It cannot be rented out until then. It also means that the new homebuyer(s) will need to be approved as income eligible to purchase the property. The annual household income cannot exceed 80% of the Area Median Income. Chart will be included in the agent documents. The maximum price this home can be sold at is $330,000 also which means you are buying it much lower that similar homes in this area. In just 8 years of living here the amount you will be able to resell this for will be off the charts so not only is this a great home, its an amazing investment! The owners loved living here and you will too. Schedule a showing today!