Opportunity to purchase a real estate rental portfolio. Offering 9 units in the form of 3 triplexes, all in South Philadelphia on 11th Street. Total asking price is $2,595,000. Buildings have been owned for between 3 and 17 years with a 99% occupancy rate. All units are currently occupied. Although it is for three buildings, it is an all-or-nothing offer in which all three buildings must be purchased together. All three buildings are on 11th street in the Bella Vista area of South Philadelphia. Within the nine units are: Seven 2-bedroom apartments, Two 1-bedroom apartments. Building 1 is 811 South 11th street. It consists of three 2-bedrooms apartments. Each unit has 1 full bathroom, outdoor space, and central air. Two of the units have in-unit washer-dryers and the third uses a coin operated unit in the basement. There are also storage cages for each unit in the basement. All units are separately metered. All units are currently occupied at the following rents: $2,000 / $1700 / $1,750 for a total rent roll of $5,450. Building 2 is 819 South 11th Street. It consists of two 2-bedroom units and one 1-bedroom unit. Each unit has one full bathroom and in-unit washer-dryers. The ground floor unit has a small yard. All units are separately metered. All units are currently occupied at the following rents: $1,650 / $1,400 / $1,450 for a total rent roll of $4,500. Building 3 is 1182 South 11th Street. It consists of two 2-bedroom units, each with two full baths and one 1-bedroom unit with one full bath. Each unit has in-unit washer-dryers and central air. The third-floor unit has an outdoor deck. All units are separately metered. All units are currently occupied at the following rents: $2,000 / $2,000 / $1,605 for a total rent roll of $5,605.
Investment Opportunity: Triplex with Cash Flow! A rare chance awaits to acquire well maintained, income-generating asset at 836 Wynnewood Rd, Philadelphia. Ideal for savvy investors seeking immediate cash flow or homeowners considering owner occupancy. Conveniently situated near major public bus routes, ensuring easy access to transportation. Near Saint Joseph University Hawk Hill Campus and Lankenau Medical Center. This turn-key triplex comprises three units, each offering comfortable living spaces and amenities. With two 1-bedroom apartments and one 2-bedroom apartment, this property offers diverse rental options and income streams. Don't miss out on this exceptional investment opportunity. Whether you're an experienced investor or looking to embark on your real estate journey, contact us today for more information or to schedule a viewing. Video walkthrough available upon request.
Opportunity to purchase a small real estate rental portfolio. Offering 6 units in the form of 2 triplexes, both on the 800 block of South 11th Street in Bella Vista. Total asking price is $1,595,000. Buildings have been owned for 15+ years with a 99% occupancy rate. All units are currently occupied. Both buildings must be purchased together. Within the six units are: Five 2-bedroom apartments and One 1-bedroom apartment. Building 1 is 811 South 11th street. It consists of three 2-bedrooms apartments. Each unit has 1 full bathroom, outdoor space, and central air. Two of the units have in-unit washer-dryers and the third uses a coin operated unit in the basement. There are also storage cages for each unit in the basement. All units are separately metered. All units are currently occupied at the following rents: $2,000 / $1800 / $1,750 for a total rent roll of $5,550. Building 2 is 819 South 11th Street. It consists of two 2-bedroom units and one 1-bedroom unit. Each unit has one full bathroom and in-unit washer-dryers. The ground floor unit has a small yard. All units are separately metered. All units are currently occupied at the following rents: $1,650 / $1,400 / $1,450 for a total rent roll of $4,500. Buyer proof of funds required before a showing can be scheduled.
Gorgeous completely renovated multi-unit property for Sale! The Vernon is a custom FIVE (5) unit building located in very popular Fairmount on one of Philadelphia's most beautiful blocks! .hree (3) large very spacious two bedroom two bath units and two (2) one bedroom units. Outdoor space and roof top DECK! Top of the line finishes in every unit! Beautiful kitchens offer quartz counters, stainless appliances and breakfast bars. Gorgeous baths with walk in showers and custom Italian tile. Part of the Historic renovation includes mahogany windows, a detailed restoration of the facade, custom built wood window bays and interior trim work. Intercoms. Walk score 92. 4-5 years left on tax abatement!
Look at this fantastic investment opportunity! This is quadraplex with commercial space. Right now only 2 units occupied. and bringing $1800 a month. But it will bring $4100 for 4 units plus for commercial $2000, totaling $6100 a month. Close to LaSalle University, Einstein Hospital, parks, shopping, and transport. With steady, long-term tenants, this is a no-brainer investment. Don't snooze on this one- schedule a visit now and see the easy-living potential of this income-booster!
Turn Key Rental Property! Amazing Investment Opportunity in Philadelphia! Welcome to Philadelphia's vibrant North Philly real estate market. This duplex on North Broad Street offers investors a turnkey property with the potential for stable rental income and long-term appreciation with a lucrative cap rate of 7.4%. This duplex benefits from high visibility and easy access to transportation, shops, and amenities. Its convenient location appeals to tenants seeking urban living with proximity to downtown Philadelphia and surrounding areas. With two distinct units and separate utilities (electric, heat, cooking, hot water), investors can enjoy the advantage of dual income streams. 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 Broad Street. Schedule a viewing today to experience the potential of 7115 North Broad Street and take the next step toward growing your real estate portfolio.
Turn Key Rental Property! Amazing Investment Opportunity in Philadelphia! Welcome to a prime investment opportunity duplex in the heart of North Philadelphia. Situated on the bustling N Broad St, this property offers an ideal location for investors seeking high visibility. Philadelphia's strong rental market and growing population contribute to low vacancy rates, minimizing the risk of prolonged periods without tenants. Investors can enjoy peace of mind knowing their investment property is already producing a cap rate at an impressive 8.3%. With two separate units and separate utilities (electric, heat, cooking, hot water), 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, you'll benefit from consistent cash flow. Excellent rental income will provide a very competitive projected ROI! Please call for further information. Book your showing today!
Welcome to an exceptional investment opportunity at 1946 N 5th Street. This meticulously renovated multi-family duplex is perfect for an owner-occupant looking to house hack or an investor looking to add to their portfolio. The property features THREE sources for cash flow. There is a 1-bed/1-bath unit on the first floor, a 3-bed/2-bath unit on the second floor, and last but not least, the rear yard is leased for storage. The total combined rental income is $3,950 per month. Additionally, the basement is currently being used by the Landlord/Owner; continue to use it this way or possibly rent it out as storage to create additional income. The property benefits from the modern comforts of central air, all new stainless appliances, sleek design, and other modern amenities. Don't let this opportunity slip away; take advantage of this investment opportunity located in the South Kensington neighborhood. Whether you're an experienced investor or just entering the market, grasp this chance to acquire a profitable asset and schedule your showing today! Soon to be available 2055 N Franklin St is a similar duplex that can also be packaged with this property for a total of five (5) units. Both properties are certified lead free and have rental licenses in place for a truly turn key purchase.
Calling all investors and builders! Unleash your creativity and transform this prime multi-family property nestled in the heart of Philadelphia's thriving University City neighborhood, one of the city's fastest-growing zip codes. Boasting coveted RM1 zoning and situated within an Opportunity Zone, the potential here is limitless. This property is a shell. Experience the buzz of rental demand from esteemed institutions like Drexel University, the University of Pennsylvania, and a vibrant community of young professionals. With an impressive Walker Score of 84, a Bike Score of 91, and just a 15-minute commute to Downtown Philadelphia, this location epitomizes urban convenience. Seize this golden opportunity to capitalize on the city's dynamic growth and create something extraordinary. Don't miss out on this chance to be part of Philadelphia's exciting future. All offers will be presented. Buyer will be responsible for all transfer taxes and U&O fees.
Welcome to an exceptional investment opportunity in close proximity to Temple University campus! This four-story commercial/multi-family property presents an ideal prospect for investors, particularly those interested in student housing. Situated on an 18 x 80 lot, this property boasts a versatile layout designed to maximize its earning potential. The first floor features a spacious commercial space with flexible usage options, making it suitable for offices, retail stores, non-profit organizations, and more. This prime location ensures high visibility and foot traffic, enhancing the appeal for various business ventures. ****This property can be a package purchase with 1704 Cecil B. Moore, the attached building for $1,400,000 for further investment opportunity.**** Above the commercial space are three units, each comprising five bedrooms and three full bathrooms. With ample living space and modern amenities, these units are perfectly tailored to meet the housing needs of Temple University students. Whether utilized as long-term rentals or short-term accommodations, these units offer lucrative income potential. Furthermore, the property benefits from a remaining tax abatement, providing valuable savings for the discerning investor. This advantageous financial incentive adds to the appeal of this investment opportunity, allowing for increased profitability over time. Don't miss out on the chance to capitalize on this prime investment near Temple University. Whether you're a seasoned investor or new to the market, seize this opportunity to secure a profitable asset in one of Philadelphia's most sought-after locations. Schedule a viewing today and take the first step towards realizing your investment goals!
Turnkey Temple University rental leased until Summer 2025! Property has been well cared for with one owner since 2002, while never having any vacancy. Great location â half block off Broad Street in the heart of the Off-Campus housing zone. Bedrooms are good sizes, bathrooms are tiled, hardwood floors in common areas and carpeted bedrooms. Large rear yard and basement. Unit 1 is two bedrooms and one bathroom. Unit 2 is a bi-level with three bedrooms and two bathrooms. Laundry provided to both apartments in basement. Each apartment has its own HVAC system. House structure would allow for expansion if desired by new owner. Rental income is $2,500 per month. Property can be provided with an apartment vacant for an Owner Occupant.
Here is your golden opportunity to own an unbelievable piece of Real Estate. Introducing 1601-03 S 2nd Street. Double wide corner building built like a Castle â 32 x 63 ft. with over 5500 sq. ft of pure living space. Zoned RM1 â Residential Multi Family. Architecturally pleasing exterior with a beautiful brick façade and gorgeous woodwork. 4 separate entrances, massive amounts of space, windows galore, deck and private garage. This beautiful brick building is a first floor business with a huge 5 bedroom, 2.5 bath residence above and meticulous maintained by the current owner for many years. The possibilities are endless. Bring your imagination. 1st Level: The First Floor Business - Approximately 1300 sq. ft. (not counting the garage). Enter into a sizable foyer area leading to incredible open space with high ceilings, windows surround, a private office plus 2 extra bonus rooms. 2nd Level: The Main Residence - Approximately 1800 sq. ft. (not counting the deck). Take one of 2 staircases to this level. WOW â Unbelievable space. Double wide living room with windows surround, high ceilings, gorgeous gas fireplace with beautiful woodwork, built in bookshelves and a walk-in closet. Stunning and wide French doors open into an expansive dining room with hardwood floors, custom wainscoting and a wall of windows. Huge eat in kitchen with wrap around windows, tons of cabinets and countertops, terracotta backsplash and stainless-steel appliances. Just off the kitchen area is a spacious hallway with gorgeous original inlaid hardwood floors that lead you to 3 more separate bonus rooms â Take your pick for these rooms: Den/sitting room/work form home office/yoga room, etc. There is also a walk-in cedar closet, powder room, laundry room and sizable deck on this level. 3rd Level: Approximately 1300 sq. ft. Oversized primary bedroom flanked by walls of windows with gorgeous Center City views, huge walk-in closet, expansive full tile bath with stall shower and tub plus 4 more light filled and sizable bedrooms â all with great closet space and another full bath. There is also a flat roof above this level with unbelievable roof deck potential. Lower Level: Approximately 1300 Sq. Ft. This level is a continuation of the first floor business with 4 more separate rooms, an expensive family room, quiet room, lounge and bonus room. There is also another full eat in kitchen, 2 utility rooms and 2 powder rooms on this level. This entire level has unbelievable flexible space with high ceilings. This is a once in a lifetime and very rare opportunity to own a really special building with MANY POSSIBILITIES. You truly have to see it to believe it. Schedule your appointment today!
very big corner grocery store zoned c2 with 2 apartments upstairs and one car garage parking at the corner.1 fl fl: grocery store,(lunch sandwichs,beverage,all kinds of stuff),very good income,one car garage is used as storage,half bath,tenants just resigned 5 year new lease with $1800 and 5% increase till 1/31/2029,triple net lease.;2nd fl : total renovated : 2 bedrooms,kitchen ,new central air/heat and laundry.for rent $1300/month each.separate electricity for all 3 units. rent total $4400/month. 2 nd fl lease 5/31/2025 $1300 3 rd fl: vacant sale only for building not business.
BACK ON THE MARKET!!! Welcome to this exceptional INVESTMENT OPPORTUNITY! Perfect fit for investors looking to enhance their portfolio with ease. Located in a desirable location, this property promises steady returns and long-term appreciation. With its lucrative potential and minimal required work, this investment gem is being sold in "as is" condition, allowing you to capitalize on its profitability right away. PROPERTY DETAILS : 1ST DOOR : TWO 1 BEDROOM 1 BATH UNITS 2ND DOOR: TWO 1 BEDROOM 1 BATH UNITS Bring your highest and best offers to secure this remarkable investment opportunity. Act now to expand your portfolio while maximizing your profits. This property's move-in ready status sets the stage for your financial success. Don't miss out on the chance to leverage its potential and enjoy the rewards it offers.
LEGAL TRIPLEX! Rarely offered opportunity to own a multifamily in booming Germantown: Welcome to 521 Brinton, conveniently located one block south of Mt. Airy, minutes from public transportation and Cliveden Park. Each unit has its own utilities, and the property features a generous side and backyard. The property is permitted for use as a three-family dwelling and currently has active rental licenses with the City of Philadelphia for three residential units. The first-floor has a comfortable living room and a large eat-in kitchen, along with two bedrooms. The second and third-floor were renovated in recent years, but the next owner can be sure to capitalize on the skyrocketing rents in the are with some improvements. The third floor is rented at $1,000 a month, providing instant income for an owner occupant or investor. For those seeking additional investment options, the conjoined property at 523 can be sold in a package deal, making this a wonderful opportunity for those interested a longer term land hold for development, or for those looking for a rare chance to own a 6-plex. Listed MLS# PAPH2369706 PLEASE NOTE - THE PROPERTY NEEDS WORK AND THIS IS AN AS-IS SALE.
HUGE PRICE REDUCTION!!Attention Investors! A Lucrative Opportunity Awaits in the Elmwood Park Area at ð2656 Shields St, Calling for Its Next Landlord! This multi-family property ð¡promises excellent cash flow potential with its 2 units. Upon entering, you'll immediately notice the well-maintained floors complemented bythe good condition of the walls. Each unit boasts a kitchen adorned with lovely Formica countertops. Unit 1 comprises 1 bedrooms ðï¸ and 1 bathroomð on the first floor, and Unit 2 also features 2 bedroomsðï¸ and 1 bathroomð. With its strategic layout, this property holds tremendous potential, especially with the current upward trend in rental rates, enabling the new owner to generate substantial monthly passive incomeð°. Moreover, its location offers easy access to public transportation, shopping, and dining options, making it a great investment opportunity. Don't let this chance slip away! As a seasoned real estate professional, I stand ready to guide you through the exciting journey of exploring this investment further.
Welcome to 2745 Germantown Avenue, a fantastic commercial mixed-use property located in a bustling business corridor. This fully occupied building offers a unique opportunity for savvy investors. The main level and fully finished basement are currently being used as a daycare, with separate gas and central air. The second floor houses two ensuite apartments, each with a full bathroom and a shared kitchen. On the third floor, there's a cozy 1 bedroom, 1 bathroom apartment with its own kitchen. Generating a solid $3350 in monthly rental income, this property has seen recent updates such as new flooring, bathrooms, and kitchens, adding to its functionality. Don't miss out on this amazing investment opportunity at 2745 Germantown Avenue. Schedule a showing today!
THS IS A THREE STORY DU-PLEX THAT HAS PERMIT FOR TRI-PLEX WAITING FOR TLC. IT IS OFFERED FOR SALE WITH TWO OTHER PROPERTIES / 2147 N 22ND , ZONED AS A ROOMING HOUSE. 9 OCCUPANTS, 7UNITS ($155,000) ALL ARE OFFERED AS PACKAGE PRICE OF $450,000. ALL SOLD AS-IS / ZONING DOC'S TITLE COMPLETED / AVAILABLE 1909 W NORRIS ST $129,000
Introducing your newly renovated duplex nestled in the heart of vibrant West Philadelphia! This property has undergone a complete transformation, boasting contemporary upgrades and refreshed amenities throughout. The ground floor unit features a cozy bedroom, a modern bathroom, and exclusive access to a private yard. Upstairs, the second unit offers two bedrooms and a sleek bathroom. With convenient stacked laundry in each unit, you'll experience the ultimate blend of urban living and home comforts. Positioned within a mere 10-minute drive of Philadelphia's top-rated Penn Presbyterian trauma center, this property offers both convenience and accessibility. This home qualifies for neighbor first, only 3% down, no PMI and 1% under the current interest rate.
Fantastic opportunity to own a turnkey duplex in the Temple University neighborhood. This property is only 15 years old and has been recently updated by its current owner. A total of 8 bedrooms and 4 bathrooms truly maximizes the space and rental potential in this investment. Unit 1 is on first floor and basement and features 3 bedrooms and 2 full bathrooms. The first floor has hardwood throughout the living space and dining area into the kitchen. The kitchen features ample cabinets, range, dishwasher, microwave and refrigerator. Past the kitchen are two nice sized bedrooms and a full bathroom. Out back there is a large, fenced in, patio. Downstairs there is a bonus living space along with a 3rd bedroom and additional full bathroom. Unit 2 occupies the 2nd and third floor. This massive space features 5 bedrooms and 2 full bathrooms. You'll immediately noticed the refinished floors throughout the kitchen and large living area. There are two bedrooms and a recently updated full bathroom on this floor. Upstairs there are three additional bedrooms and another renovated full bathroom. Previous tenants have used the largest bedroom as an additional living room or flex space. 1734 N Gratz is located only a short walk away from Temple University and a quick subway ride into Center City. Schedule your tour today! Unit 1 (Downstairs) - is currently leased for $1100 Unit 2 (Upstairs) - is currently leased for $1845
Attention home buyers or investors !! Don't miss this Duplex in Southwest Philly! Great condition and move in ready. Live in one 1 bedroom unit and rent the other 1 bedroom unit to help pay the mortgage! Or rent both units for cash flow! Both units had updated wood flooring throughout the house, modern kitchen with granite countertop on each unit.1st floor had living room, 1 bedroom, kitchen area, access to the outdoor space. The basement can be extra storage space and full bathroom. 2nd floor features spacious living room, outdoor patio and full tiled bathroom. Separated utilities meter for gas and electric. Schedule your showing Today.
Rare opportunity to own a corner bar in the heart of Port Richmond with liquor license. Neighborhood staple Mick's is available and ready for a new owner. First floor fully functioning bar with 6 tap lines, a new POS system, and a large cooler. There are also two entrances and two half bathrooms. The full basement houses all bar equipment, walk in freezer, ice machine, and utilities. A separate entrance on Belgrade street provides access to the bi-level and recently renovated apartment above. The apartment is a spacious bi-level 3 bedroom, 1.5 bath that was updated with a brand new full bath, fresh paint throughout, new carpet in all bedrooms, and much more! Great space with incredible potential for an income-producing rental property.
RARE, IMMACULATELY kept 5 unit property in the TU/ North Central Philly area! Renovated in 2015! Property situated on a quiet block with plenty of available off street parking. 2024 Projected Financials: Gross Income: $51,000/yr. Each unit can rent for an average of $850/unit. It is a legal 5 unit building. Showings on weekends only. Agent must accompany.
SEVEN (7) APARTMENTS, (7) BATHROOMS, (2) BRICK TOWNHOUSES, Multifamily ideally situated in the Spring Garden - Art Museum - Fairmount Section of Philadelphia, steps to Roberto Clemente Park East/West River Drives and the Parkway with several of the neighborhood's premier restaurants, museums the parkway, public transportation, ideal for walkers, bicyclists, and immediate to the scenic river drive walking trails. TOTAL ABOVE GRADE SF 557-559 - 4,149 SF estimate; other data regarding lot size and property specifics should be searched independently by specific addresses. Properties are affording tremendous curb appeal in a neighborhood surrounded by new development properties. This neighborhood which is blocks from Temple University, Community College of Philadelphia, steps to the Broad Street line, and quickly accessible to many alternative transportation lines for easy travel throughout the city. All agent showings through MLS showtime only. Current Vacant Apartments may be viewed on Zillow. âTax identification numbers for 557 & 559 N 16th Street 084113500, 084113400, Real Estate Tax 557-$7879.00 - Real Estate Tax - 559: $Â9580.00; Total Above Grade SF 557-559 - 4,149 SF estimate; other data regarding lot size and property specifics should be searched independently by specific addresses. Rent Approximations - Below Market : 557 #1 - $1,000 Manager; #2 - $1,375; #3 - 557 - $ 950; 559 #1 - $1,575; 559 2F - $950; 559 2R - $950; 3F 559 - $1,375. (5) One Bedroom Apts with patio or deck, (2) Studio Apts Showing Appointments Only With Prior Accepted Offer. These two (2) townhouse properties are being sold in combination as a seven (7) unit apartment building and are to be considered as a commercial sale. Seller must approve and accept Buyer's Signed Agreement of Sale , maximum (5) days "inspection period" in (AOS) and Buyer's (BFI) must be acceptable to Seller before any showings will be scheduled. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisers. You and your advisers should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
Unique and rare offering of this iconic property and business that was established in 1957. The business ( just recently closed because of retirement) and building are being offered together! The building is 1536 +/- SF and is the perfect opportunity for any deli / grocery store looking for a unique opportunity with a steady income stream. The property is located near South Broad Street, Sports Stadiums and easy access to New Jersey. 1st floor and lower level is 1,500 +/- SF which includes 750 +/- store and 750+/- lower level / storage space and a bathroom. This location also holds a large two-bedroom, one bath residential unit on the 2nd floor. Family member / Tenant is on a month-to-month basis. The landlord pays water and tenant pays electric and gas. The propertyâs corner location allows for tons of exposure to both walking and vehicular traffic with a load zone area that includes an advertising sign and outdoor menu cabinet! Located on the corner of Warnock and Shunk, the property is zoned CMX1. This property could be yours to live and work in, or work and lease out the residential unit. Lou and Son have been a staple in the South Philadelphia community for nearly seven decades with a spectacular reputation of honesty, quality sandwiches & long-time repeat clientele!
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.