902 S 47th St, Philadelphia, PA 19143

ATTENTION INVESTORS & FLIPPERS! LICENSED QUADRUPLEX WITH HUGE UPSIDE nnThis Victorian property is a fully licensed quadruplex and also holds a Single Family with Rooming House license (10 bedrooms). With over 50 years of use as a college fraternity house, this property presents an exceptional value-add investment opportunity .nnThe owner has already started the conversion into four independent income-producing units:nnUNIT BREAKDOWN:nnUnit 1: 3 Bedrooms | 1 Full Bath | In-Unit LaundrynnUnit 2: 3 Bedrooms | 1 Full Bath | In-Unit LaundrynnUnit 3: 1 Bedroom | 1 Full Bath | In-Unit LaundrynnUnit 4: 1 Bedroom | 1 Full Bath | In-Unit LaundrynnAdditional features include separate utilities, basement storage, a spacious front porch, a large attic with expansion potential, and a high-ceiling basement-ideal for future value creation.nnMAJOR CAPITAL IMPROVEMENTS ALREADY COMPLETED:nnAll plumbing fully replacednnThree brand-new water heaters installednnElectrical work approximately 50% completednnThe property is being sold AS-IS, offering investors the opportunity to complete the renovation, increase rental income, and unlock strong returns . Conveniently located near restaurants, schools, cafes, churches, and entertainment, ensuring strong rental demand.nnDont miss this rare opportunity to acquire a licensed quadruplex with significant income potential.