530 W Godfrey Ave- East Oak Lane- Value Add (Licensed Inspection Report Included)

3 Beds / 3 Baths • 1,920 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 3
  • 1940
  • 1920
  • 2450
  • Detached Garage

Description

Investment opportunity in East Oak Lane / 19126 on a tree-lined Tudor block near Cheltenham Ave and neighborhood retail. A classic stone Tudor that’s vacant and ready for a full renovation.

Recent Comps:

  • 6624 N Smedley St – 1,893 sqft, sold for $285,000 on 3/18/25
  • 1712 W 65th Ave – 1,977 sqft, sold for $289,999 on 8/15/25
  • 624 W Godfrey Ave – 2,500 sqft, sold for $395,000 on 10/22/25

ARV: $305,000

Details:

  • Roof: slate/rubber sections with areas needing repair (ponding/cracked tiles).
  • Basement: moisture observed.
  • Plumbing: cracked main drain/sewer line.
  • Mechanicals: steam boiler (2016) with rust; GE water heater (2008) at end of life.
  • Electrical: 125-amp copper panel.

Inspection Report & Additional Photos

Click Here for Licensed Inspection report, additional photos, and video walkthrough:

Terms:

  • $10,000 EMD.
  • Buyer covers all transfer taxes and both sides of closing costs.
  • Close with our title company.
  • No financing contingency.
  • 0-day inspection.
  • Delivered vacant.

No lockbox—reach out to schedule a walkthrough.

Estimated Spread

  • ARV $305,000
  • Price $157,000
  • Spread $148,000

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