Defaulted 3 Story Single Family/Office Mix Use Property
Located in Tacony Area of Philadelphia
25 Minutes to Downtown Philadelphia

PROPERTY DETAILS
3 Bedrooms and 2 Bathroom 2772 SF on 3349 SF Lot - Built 1950
Property is a unique & rarely offered corner row duplex, in excellent condition which contains two operating businesses, and a rented out two car garage. All rentals are longtime tenants on a month-to-month basis. The large basement to the property
is good for increased storage, all the mechanics are newer and the separated businesses are currently a barber shop, and a graphic arts studio. Property also contains new fire system. The options and opportunities are endless.

NOTE DETAILS
Original Loan Amount $190,000
Current Interest Rate 12.75%
Foreclosure Process Started
Loan Payments 578 Days Late
Loan Matures November 2032
Appraised Value $379,000
Over $200,000 in equity