SoPhilly Spotlight: Expensive On A Cemetery edition
Three cool things about this week’s SoPhilly Spotlight: it’s big, it’s next door to a cemetery and it has access to a large, shared grassy area between a bunch of houses. But, wow, is it ever expensive for needing major renovations.
Coming in at a whopping $569,900, this double-wide rowhouse at 1108-10 Federal St. has 4 bedrooms, 2.5 baths and about 2,200 square feet. But it’s … a bit dated.
From the listing, by Spectrum Realty:
Double lot super large, four bedrooms two and half bathrooms hammered railing marble staircase large living room large eat in kitchen
powder room on first floor entrance to rear yard with side entrance
four bedrooms with ample closets master tile bathroom large hall way tile bath rear deck patio off second floor full double basement, modern kitchen with plenty of storage in basement walking distance to center city, passyunk square, super markets, shopping, restaurants etc….Central air…
We don’t know where they get off saying that kitchen is modern.
The house has a lot of assets, but you can get a brand new house that size. The buyers of this place would need to have some pretty specific tastes. What do you think about the $569,900 price tag?
Unique opportunity but absurdly priced. There’s almost nothing inside that doesn’t need to be gutted & updated. I’d say 400k max and that’s probably too much.
Agree that is a very high price. But I wonder, basically you’re getting two homes, if you think of it that way, not too bad. Again, it’s all about the location. You may have to gut it, but it will be in the right area.
btw, it looks like last weeks (11xx Tasker St?) may have sold, sign is down.
You have to gut the house and build on the lot, to me it’s only worth 350,000 and you would have to be someone with some vision.
What does the listing agent have against punctuation and capitalization?
FYI ……I am one of the neighbors and that yard / lot is private property, not shared.If the seller is advertising this space as shared he is misrepresenting the property.