2502 W Sterner St
Philadelphia, PA 19132
2
Bedrooms
1
Bathrooms
860
Sq Ft
1915
Year Built
About This Property
MOTIVATED SELLER! Welcome to 2502 W Sterner Street an affordable opportunity to purchase a home with access to an adjoining lot in Strawberry Mansion. The home may be purchased separately for $98,900, or the buyer may purchase it together with the adjoining lot at 2500 W Sterner Street, listed separately for $29,900 (MLS PAPH2619688), at a discounted package price. The property offers a two-bedroom layout with updates that include a newly remodeled kitchen and an updated bathroom. With personal finishing touches, this home could become a comfortable primary residence or a strong rental asset. Whether you are a first-time buyer or an investor searching for your next value-add project, this property offers affordability and excellent potential. CRUNCH THE NUMBERS!!! (Mortgage payment is less than 1k per month for qualified buyers. And, many lenders have location based programs only requiring $1700 down payment. Ask you lender for more information. ) Purchasing the adjoining lot creates even more possibilities. In a dense urban neighborhood where additional land can be difficult to find, the lot may provide options for off-street parking, private outdoor living space, storage, expansion, or future development. Buyers should independently verify zoning, permitted uses, and any required municipal approvals. Conveniently located near neighborhood shopping, public transportation, and major thoroughfares, the property provides easy access to Center City and surrounding areas. The seller will consider seller financing for a qualified buyer with mutually acceptable terms. Schedule your showing today and explore the flexibility and potential offered by this unique opportunity!
Property Details
Property Type
Townhouse
Year Built
1915
HOA
None
Listed Price
$98,900
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Free account - No credit card required
Frequently Asked Questions About Owner Financing in Philadelphia
What is owner financing for 2502 W Sterner St?
Owner financing means the seller of 2502 W Sterner St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Philadelphia, PA is available with owner financing terms.
Do I need good credit for owner financing?
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
How much is the down payment for this Philadelphia home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Philadelphia property.