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Prime Investment Opportunity! 7216 Gannet Place, a well located brick rowhome in Philadelphia's Penrose neighborhood. Built in 1965, this home offers approximately 1,360 square feet of living space with 3 bedrooms, 1 full bathroom, and a functional two-story layout. The property sits on an approximately 0.07-acre lot, providing additional outdoor space compared to many nearby homes. Conveniently located near major highways, Philadelphia International Airport, public transportation, shopping, parks, and Center City, this home offers easy access to everyday amenities and regional commuting routes. Complete Rehab Investor Special. Please note, buyer is responsible for all Transfer Tax, U&O, & As-is sale without warranty. Cash only. Please note that this property is subject to an Act 135 Conservatorship. The Act authorizes the use of the conservatorship process to combat blight with the ultimate goal of revitalizing the surrounding community. All sales are subject to Court approval. Buyer cannot purchase and “sit” on this property. The whole purpose of the conservatorship law is to correct blighted properties, the Buyer has to be prepared to promptly start repairs and improvements. More information about the Act 135 process and requirements can be provided. Showing agent & Buyer will need to sign Release & Hold Harmless Agreement prior to touring. Schedule your showings today!
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