5716 Larchwood Ave, Philadelphia, PA 19143

Property Description

Great bones and strong potential make 5716 Larchwood Avenue an excellent opportunity for investors and value-add buyers. This four bedroom, one and a half bathroom Cobbs Creek rowhome offers a solid foundation for a renovation, with the flexibility to create a desirable resale property or long-term rental. The home features a traditional and functional layout with spacious living, dining, and kitchen areas on the main floor, along with a convenient half bath. Upstairs, you'll find four bedrooms and a full hall bathroom, offering a layout well-suited for both resale and rental purposes. The basement provides additional space for storage and potential finishing for future use. Outside, the property features a welcoming front porch and backyard space, providing opportunities to enhance curb appeal and create additional outdoor living space. The home is situated on a clean, quiet block where several nearby properties have already been renovated, providing a glimpse of the potential transformation possible. This property is conveniently located just minutes from Boys' Latin Charter School, Hospital of the University of Pennsylvania, Malcolm X Park, The Media-Elwyn and Market-Frankford Lines. With an estimated ARV of $275,000+ and rental potential of approximately $1,900 per month, 5716 Larchwood is well-positioned for a fix-and-flip, long-term rental, or owner-occupant looking to build equity in a growing Philadelphia neighborhood. Property is being sold in as-is condition.