Located in the highly sought-after 19125 zip code of Fishtown, Philadelphia, this 3-unit residential property offers a prime investment opportunity. Currently cash-flowing with significant upside potential, it is perfectly positioned to attract graduate students and young professional renters due to the area's dramatic year-over-year rent increases and high demand. The building is comprised of (2) two-bed, two-bath units and (1) three-bed, two-bath bi-level unit. All units are currently rented and are on yearly leases. Unit one pays $1,950/month, unit two pays $1,300/month, and unit three pays $1,450/month. The tenants pay for all utilities, and each unit has its own separate meters and hot water heater. Additionally, each unit has its own washer and dryer. The property, built in 2013, features modern finishes with beautiful kitchens, gorgeous tiled bathrooms, and hardwood floors throughout. Each kitchen comes equipped with a built-in microwave, range, refrigerator, and a dishwasher for convenience. Buyer needs to do their own due diligence to verify the zoning. This property is a great opportunity for an investor looking to add to their rental portfolio in a neighborhood with extremely high demand and great potential for appreciation. Alternatively, this purchase could be used by someone looking to live in one unit and rent the others out to cover the mortgage and reduce living expenses. With a Walk Score of 92, daily errands can easily be completed without a car. The property has a Transit Score of 68, indicating good access to public transportation, and a Biking Score of 84, reflecting excellent biking infrastructure. Nearby dining options include Four Son's Pizza, Martha, Zig Zag BBQ, Thin & Crispy, and more. Educational institutions in the vicinity are Horatio B. Hackett School, Kensington High School, Kensington Culinary Arts, and Henry A. Brown School. For groceries, residents can shop at Quick Stop 1, Charles Jacquin Et Cie, Dans Fresh Meats, and Fine Fare Supermarket, among others. The property is located close to the York-Dauphin Station for the Market-Frankford Line stop, making commuting to center city a breeze. Nearby parks include Aramingo Square, Richmond Playground, and Palmer Park. This property is located in the heart of Fishtown, known for its vibrant community, diverse amenities, and proximity to downtown Philadelphia. The area is easily accessible, with attractions such as restaurants, cafes, entertainment venues, and public transportation nearby. Additional features include 3D tours in the media section for a detailed view of the property, and showings require a 24-hour notice. This property offers a unique opportunity to capitalize on Fishtown's expanding rental market, with the potential for substantial returns through higher rental income and property value appreciation. Call to schedule your visit today!
Prime investment opportunity at 417 W Queen Lane! This recently renovated property features seven individual units and sits on a massive 25âx230â lot lot, generating approximately $68,000 annually with $12,000 in operating expenses, yielding a stabilized 8.75% cap rate with an opportunity to expand the current building. The property boasts long-term tenants, electric heating and cooling in each unit, and a shared coin laundry in the basement. With landlord-covered electric and water, there's significant potential for value-add and rent increases. Ideal for investors looking to capitalize on a well-maintained, income-generating asset. Located centrally to all Philadelphia has to offer with several train and bus stops within a quick walk and also a short distance to the renowned Wissahickon Park System. Can be sold with 415, 419 & 419r W Queen lane as a Shovel Ready 9 Unit SFH Development Project with permits, drawings, renderings and financials are available upon request!
Presenting a newly-renovated Mixed-Use building right near the Temple University campus! It consists of one 700 square foot commercial space, one 2-bedroom apartment, and one 1-bedroom apartment. All three units are vacant and ready to be leased! This is a great investment opportunity close to the Temple University campus with easy access to transit via the Temple University Regional Rail Station, the 47 Bus to Center City, and the 3 Bus to Fishtown.
Well maintained triplex located in the Fairmount section of Philadelphia. Two - 1 bedroom units and One - 2 bedroom unit. These units are occupied and have been enjoyed by some tenants for many years. The first floor, one bedroom unit has a rear exit to a private backyard. The second floor, two bedroom unit has a Trex deck in the rear. The third floor, one bedroom unit completes this multi-family dwelling. The building has beautiful architectural details that have restored and updated as needed. All of the units are also updated. All utilities are separate. The basement is clean and has laundry facilities for the tenants as well as plenty of room for storage.
This is a fantastic 5 Unit, fully occupied apartment building located in one of the hottest neighborhoods of Philadelphia, next to Fishtown, minutes from Center City, Northern Liberties, and University City. It consists of (1) 2Br unit, (2) 1Br units, and (2) efficiencies. Rents are under market so there is definitely upward potential. All utilities are separate. Rental licenses maintained yearly as required by the City of Philadelphia. Two of the units have separate entrances. Update 4/3/24 - Four (4) brand new furnaces were just installed.
This commercial building has endless possibilities, with two apartments and a commercial space. Stepping inside, one is greeted by the echoes of craftsmanship and tradition that have permeated its walls for years. Once the bustling hub of the tailor shop, it offers versatile commercial space, perfect for a variety of businesses, such as an office, or specialty shop. To the rear of the first floor is a studio apartment, and steps that lead to the second floor apartment. The second floor is currently occupied by a long term tenant . This corner property enjoys the added advantage of a private yard. There is a curb cut, and potential to convert it into a parking spot with the city's approval. For added convenience, the basement can be accessed from outside, offering additional storage space, or for further expansion. Here you will find two gas meters, an updated electric panel, wired in smoke detectors, new heater, & a hot water tank. Some of the plumbing has been updated. The property is in need of a major renovation.
Duplex located in Oxford Circle Area of Philadelphia! Unit #1 is a two story 3-bedroom, 2 Full Bath apartment w/ kitchen and a separate kitchenette. This unit includes the first floor and the finished walk out lower level , with parking in the rear. Unit #2, on the second floor, is a 2-bedroom apartment with street parking in the front. A refrigerator is included in both apartments along with a washer/dryer. Lead-Based Paint Testing is posted. The outside front and rear have new cement. There are new drain pipes in front and rear, new shingles on the front, new roof with tar paper. Re-cemented the chimney and replaced the bricks, also added new flashing all around the roof. The 1st floor apartment is currently rented for $1300 per month. Landlord lives in second floor apartment. The 2nd floor should rent for $1000/mo.. Electric is separate.
Triplex for sale, Newly Construction apartment Unit built next door. Perfect for owner occupant, 1st floor 2 bedroom unit with basement access currently month to month $1150. One 1 bedroom unit on 2nd fl Vacant. 3rd fl 2 bedroom unit vacant. Seller Will provide 1year home warranty.
***Back on the Market due to Buyer's inability to secure proper funding! Their loss is your gain as this is a rare money-making property with a HOTEL LICENSE!!*** Seize this rare opportunity to own a legally designated triplex with two highly-rated, turnkey short-term rental units, complete with a transferable HOTEL license, in the highly sought-after neighborhood of Wynnefield, Philadelphia. This property not only offers a lucrative short-term rental business but also comes with a valid hotel variance for six rooms and a short-term rental licenseâboth extremely difficult and costly to acquire. INCLUDES ALL ITEMS IN THE 2nd and 3rd Floor Units!! Located just minutes from the Main Line, City Ave and conveniently near sports venues, concert halls, and St. Joseph's University, this property guarantees a steady stream of guests. The two upper units are freshly remodeled and fully furnished, exuding a cool city vibe that immediately puts guests in vacation mode upon entry. The sale includes everything from the top two short-term rental units, such as beds, sheets, appliances, furniture, kitchenware, and more, making it a true turnkey operation. The first-floor unit is occupied by a long-term tenant, ensuring stable rental income. The property boasts excellent reviews on multiple platforms like VRBO, Travelocity, Booking and Expedia, reflecting its strong reputation. Stunning interior features include exposed brick walls, custom cabinets, and high wood beam ceilings, all designed with an urban loft aesthetic. This investment is perfect for investors seeking an excellent addition to their portfolio, offering immediate income and growth potential. It's also ideal for owner-occupants, particularly first-time buyers looking to house-hack or enter the short-term rental market. Remote investors will find it a great opportunity to invest in Philadelphia and build passive income from a distance. This trendy home is the perfect retreat for guests, providing a relaxing environment after a day of work or exploration in the vibrant city of Philadelphia. Don't miss out on this exceptional investment opportunity. Schedule a showing today and take the first step towards owning a high-performing, income-generating property.
This duplex is ready for its next owner to capitalize on its rental potential. Each unit features two spacious bedrooms, a modern bathroom, central AC, and the convenience of in-unit laundry hookups. The first-floor unit also boasts access to a private yard and basement, adding extra value and appeal. With separate meters for utilities, new central air, new windows, new water heaters, new electric systems, and new plumbing, this property is move-in ready for tenants. Don't miss out on this fantastic investment opportunity! Schedule an appointment to view this property today.
Turn Key Rental Property! Amazing Investment Opportunity in Philadelphia! Welcome to an exceptional investment opportunity in Philadelphia's vibrant North Philly real estate market. This duplex on North Marvine Street offers investors a turnkey property with the potential for stable rental income and long-term appreciation. The property features two one-bedroom and one-bathroom units and is currently occupied by good-standing tenants (monthly rent excluding utilities of $900 on the 1st-floor unit and $1,150 on the 2nd-floor unit). With two separate units and separate utilities (electric, heat, cooking, hot water, gas), this property provides the advantage of dual income streams, maximizing your investment returns. Also, tenants pay for water as well as lawn care and snow removal. Whether you choose to rent out both units or occupy one while leasing the other, this duplex offers flexibility and the potential for consistent cash flow to support your investment goals. Don't miss out on this rare opportunity to own a duplex on North Marvine Street. Schedule a showing today to experience the potential of 4730 N Marvine Street and take the next step toward growing your real estate portfolio.
Impressive 4-unit building on a signature corner in the rapidly redeveloping Cecil B. Moore Avenue corridor! There are four units in the building. Unit 2B is currently vacant and available for owner occupancy. This is the biggest unit and features 2 bedrooms and 2 baths. This is the unit used for listing photography. Unit 1/A is a 1 bedroom, 1 bath unit. Currently rented at $1,200 ($1,150 rent + $50 water fee) and is leased until 5/1/2025. Unit 3/C is a 1 bedroom, 1 bath unit. Currently rented at $1,375 ($1,325 rent + $50 water fee) and leased until 10/1/2024. Unit 4/D is a 2 bedroom and 2 bath unit and consists of the entire 3rd floor. Currently rented for $1,500 ($1,450 rent + $50 water fee) and leased until 5/1/24. Convenient to SEPTA, Ridge Avenue, Temple University, and Center City Philadelphia.
Large, newly renovated 3 story duplex in an amazing location is now available. The first unit consists of one bedroom, one bath, living room, kitchen, backyard, and basement. The 2nd unit is a bi-level unit, on the second floor is your kitchen, bathroom, and 2 bedrooms. Heading upstairs to the 3rd floor is another 2 bedrooms and an laundry area.
Looking for a duplex with a garage in Port Richmond? Well this is a great opportunity to own this well maintained turnkey investment property in Port Richmond! This duplex offers two spacious 2 bedrooms 1 bathroom units and attached garage! When you first enter the building you will notice a shared entryway which leads you directly to the first floor unit, basement and the second floor unit. The first-floor unit opens up to a large kitchen and living area with hardwood floors throughout. The fully equipped kitchen boasts unique tile work, stainless steel appliances, granite countertops and soft close shaker cabinets. Each bedroom is on opposite ends of the first floor and both have plenty of closet space. The bathroom has high ceilings and walk in shower with stone tile floors. The washer/dryer is located in the lower level by the basement entry way ideally for the first floor unit usage. The second-floor unit also offer similarities from the first floor unit. Living area and kitchen are all tied in with access to the spacious private deck. The bedrooms are bright and also have very high ceilings. Stacked washer/dryer are located directly outside of the second floor entryway. The basement can be easily access by both units as well so it can be assigned to either unit. The garage is currently use for storage. A garage door will need to be installed for it to be a full functioning garage. The entire property is electric. There is an existing gas line but not active. Also we want to mention the exterior of the property is industrial stucco call Dryvit. This is a great property for a first time investor who is looking to house hack. Set up a showing today. One of a kind opportunity to own your really special slice of Port Richmond. Property is sold as is.
This is a pristine and empty multi-family investment property located in Lawndale. It is move in ready. A great investment property that has generated significant rental income. Or would be ideal for an owner to live in one unit and rent the other. The property has plenty of windows for natural lighting and a beautiful back yard. The first unit is a spacious one-bedroom, one bath with access to the fully finished basement including a full bath (a second bedroom) or entertaining area. The living room and bedroom are both bright and airy, with closet space. The kitchen is clean and spacious with room for a dinette set. The second-floor unit is a one-bedroom with ample living space. The living room is warm and inviting with a clean and efficient kitchen area. This property offers a variety of conveniences being in a prime location. It is close to schools, main thoroughfares, public transportation, parks, hospitals, and shopping. The property is being sold in as in condition.
Duplex available in West Philadelphia. This property offers an excellent opportunity for a owner occupant or a savvy investor. With a bit of renovation, this spacious duplex in West Philadelphia can be transformed into a valuable asset. Conveniently located near public transportation, it promises both accessibility and potential for high returns. Property being sold in As-is condition.
An extensively renovated commercial property is offered.Ideally located on Pine Street within the heart of Washington Square West's Antique Row and overlooking the verdant Kahn Park. The recently renovated property is steps from Seger Park, Good Karma Cafe, Whole Foods, Acme, Bleu Sushi, Tria Cafe, Varga, Mixto, Platoon Fitness and SEPTA bus routes. The first floor commercial space contains 2500 Sqft of lease-able area. Currently built-out for an art gallery, minor improvements could accommodate a wide array of business models.On the upper 2 floors, 4 renovated one-bedroom, one-bathroom apartments are found. Newer systems ( 2022), separately metered units/CA. 1 rear off street parking space readily repurposed into an entertainment area.
Prime TU location Investment alert! This newer construction multifamily is in a prime TU location features oak hardwood floors, a spacious kitchen with granite countertops, high-end cabinets and newer appliances, two tiled bathrooms and four spacious bedrooms. The first-floor unit has access to a partially finished basement and rear patio. Second-floor unit has an oversized family room with Juliet balconies. Each unit has its own utility room with washer and dryer and is equipped with a sprinkler system. First floor is tenant occupied with monthly rent of $2200; second unit is currently vacant. The pre-construction multi-unit duplex was built in 2011. It is well constructed, laid out and located. This is truly a turnkey investment with closed to 9% return cap rate.
Welcome to 128 Lombard St, a fantastic turnkey duplex for sale in the vibrant Headhouse Square neighborhood near South St. This property features one commercial unit and one residential unit, making it a great investment opportunity. With the Penns Landing improvements just a block away, this location benefits from increased foot traffic and easy access to the area's amenities. The commercial unit offers prime visibility and is perfect for a variety of businesses. The upstairs residential unit is a spacious 2-bedroom, 2-bathroom apartment, ideal for tenants seeking modern living in a bustling area. Enjoy proximity to nice restaurants, multiple grocery stores, and all the excitement South St has to offer. Donât miss out on this exceptional investment opportunity!
FOR SALE (optional owner financing) Prime Mixed-Use Property in South Philly â Commercial & Residential Space with Optional Liquor License. Take advantage of this rare opportunity to own a MIXED -USE PROPERTY in the heart of South Philadelphia! Perfect for investors, business owners, or those seeking a live-work setup. Key Features: Prime Location: Located near the sports complex, casinos, shops, and public transportation, this property is in a high-traffic area with great visibility. Commercial Space: Currently a stylish and popular neighborhood tavern with indoor and outdoor seating space. Perfect for a variety of business types â bar, café,, lounge, social club and more. Liquor license optional. Residential Space: Includes two spacious 1-bedroom apartments with private entrances next to the commercial space, offering immediate rental income or a convenient on-site residence. Flexibility & Income Potential: The upstairs bonus room can be used for private events or converted into another apartment, adding even more value to the property. Great Investment Opportunity: Whether you're looking to open a business, generate rental income, or both, this property offers flexibility and excellent potential in a prime urban location. OWNER ALSO WILLING TO LEASE! Schedule a tour today and see the potential for yourself!
INVESTORS SPECIAL - Attention all investors and developers! This exceptional property is a rare findâa 3-story building with immense potential, ready to be transformed into a lucrative triplex. Whether you're looking to add to your portfolio or embark on a new project, this property is a blank canvas waiting for your vision. Zoned for residential apartments. With everything removed to the beams, you have a solid foundation to work from. This makes it easier to plan and execute your renovations, knowing the core structure is sound.
Welcome to Overbrook!!! This triplex is the perfect home or investment opportunity for anyone wanting to live in this beautiful area. Property contains (2) 2 bedroom units, and (1) 1 bedroom unit. One of the 2 bedroom units is a bi-level. This property is properly zoned and separated as a true triplex. Some of the original character of the home has been maintained. The exterior boasts a detached garage and a driveway that can hold 3+cars. There is also plenty of off-street parking. Property is close to public transportation. Live in one and rent 2 or rent all 3!!! This property is a gem and is waiting for its new owner!! **Potential rental income is great. 1 bedroom $1100/mo 2 bedroom $1400/mo.
This commercial triplex features two two-bedroom, one-bath units. It is located between the Bella Vista and Queen Village neighborhoods of Philadelphia. Perfect for investors or owner-investors! The first-floor commercial space offers a large open floor plan, a half bath, and a private yard, making it an excellent option for a professional office. The 2nd and 3rd floors feature two large, two-bedroom apartments with full bathrooms, ample closet space, large eat-in kitchens, and plenty of natural light. The property is just minutes from the 9th Street Italian Market, the Broad Street Line subway, and the restaurants and shops in Passyunk Square. Schedule your showing today! *** PLEASE NOTE: 805 S 8th St. and the vacant lot next to it at 803 S 8th St. (Land - MLS# PAPH2355892) MUST BE SOLD TOGETHER."
Welcome to 2219 N 16th Street, a spacious duplex in the Temple area. This duplex features large bedrooms, tons of windows allowing for natural light, and ample cabinetry for storage. In close proximity to Temple University, this property is in a perfect location for students! Schedule your showing today.
BIG PRICE REDUCTION!!!!! Huge corner duplex close to Fairmount Park. Rare 3 bedroom unit on 2nd floor. Public transportation is plentiful in this neighborhood. Convenient shopping close by and plenty of take out dining. Large 2 bedroom unit on the 1st floor and a spacious 3 bedroom unit on the 2nd floor. Separate entrances. Exterior emergency fire escape leading from the second floor. Tall ceilings and beautiful natural lighting throughout this property. Utilities are separated and hot water heaters are in very good condition. This property is located within walking distance to the Mann Music Center, Please Touch Museum, Lowes, Shoprite and more. It also comes with a one year home warranty. Come make this property your home. All offers will be presented.
Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania has a population of 1,569,657. Philadelphia is less family-centric than the surrounding county with 21.17% of the households containing married families with children. The county average for households married with children is 21.17%.
The median household income in Philadelphia, Pennsylvania is $40,649. The median household income for the surrounding county is $40,649 compared to the national median of $57,652. The median age of people living in Philadelphia is 34.1 years.
The average high temperature in July is 87.5 degrees, with an average low temperature in January of 26.6 degrees. The average rainfall is approximately 46.8 inches per year, with 14.2 inches of snow per year.
