Philadelphia PA Multi Family for Sale

ADDITIONAL INFORMATION

Incredible business and investment opportunity in the rapidly growing East Kensington neighborhood! This CMX-2 mixed-use, 3-unit property boasts a commercial space on the ground floor, currently operating as a successful, family-run nail salon for the past 20 years. The first floor also features a half bath, a fully functioning kitchen with a built in gas stove/oven, washer/dryer, and access to a private, spacious yard with a lush garden filled with thriving plants, fruits, and vegetables. The second and third floors are currently used as one residential unit, offering a full kitchen, three bedrooms, and two full bathrooms – perfect for owner-occupancy or additional rental income. The basement provides finishable space with ample dry storage. Recent upgrades include a 4-year-old roof. Nestled in the up-and-coming Kensington area, this property is surrounded by thriving businesses and is just steps from the Market-Frankford train line, providing an easy commute to Center City. Enjoy the benefits of being close to Fishtown’s and Northern Liberties’ vibrant nightlife, shopping, and dining, as well as the Delaware River Waterfront and Port Richmond. Whether you’re an investor or looking for a live/work opportunity, this property offers incredible potential. Live in one unit while generating income from the others, or maximize its potential as a full investment property. Don’t miss your chance to own in a fast-developing area with endless possibilities! Property is being sold in "AS IS" condition.

ADDITIONAL INFORMATION

Discover a prime investment opportunity in the heart of East Kensington, where these two meticulously designed triplexes at 2554-56 Frankford Ave redefine urban living. With luxurious spaces and a secure future backed by 10-Year Tax Abatements through 2033, these residences promise both immediate returns and enduring growth. Nestled amidst the East Kensington renaissance, these triplexes stand at the epicenter of a thriving community. The area is undergoing transformative projects, ensuring continuous appreciation for your investment. Each building comprises two generous two-bedroom, one-bathroom units and one expansive three-bedroom, three-bathroom bi-level unit, offering ample living space tailored for modern lifestyles. Adorned with top-notch features, including modern tile, flooring, and cabinet finishes, complemented by energy-efficient LED lighting, these triplexes offer both functionality and elegance. Unit One boasts a private backyard, offering a tranquil oasis in the midst of the city. Unit Three features a private roof deck access, providing breathtaking views of the cityscape and the iconic Philadelphia skyline. Enjoy seamless access to Center City and beyond, thanks to the proximity to the Market-Frankford Line. Additionally, you'll find yourself steps away from the vibrant culinary scene, with flourishing restaurants, bars, and coffee shops lining Frankford Avenue. These income-producing properties are not just residences; they are assets that promise both immediate returns and long-term growth. Don't miss this chance to enhance your investment portfolio with properties that align with Philadelphia's promising future. The opportunity to own these triplexes won't last long. Schedule an appointment today to experience the charm and potential of these East Kensington gems.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

This stunning triplex, fully renovated in 2018, preserves much of the building's original character while offering modern conveniences throughout. Upon entering through the double foyer, you'll be greeted by an eye-catching penny round tile floor, featuring real pennies—a unique and artistic touch. Unit 1 is a bi-level apartment with an inviting living room and a spacious kitchen that opens to the rear yard. The lower level houses the bedroom, a full bathroom, and laundry facilities. Despite being below ground level, the bedroom receives an abundance of natural light, creating a bright and comfortable space. Unit 2 also spans two levels and features a finished basement. The main floor boasts exposed brick walls and a live-edge countertop in the kitchen, offering both style and space for entertaining. The kitchen leads to a large rear patio, perfect for outdoor gatherings. The lower level includes a full bathroom, laundry room, and a bonus room that can serve as a bedroom, den, or home office. The second-floor primary suite comes with its own private bathroom and a balcony for additional outdoor space. Unit 3 is another bi-level apartment with a spacious living area and kitchen on the first floor. The second floor features a sizable bedroom and bathroom. This unit also includes its own outdoor space for added privacy. Each unit in this triplex comes equipped with its own washer and dryer, adding convenience to the list of desirable features. This property offers a perfect blend of historic charm and modern comfort, with plenty of outdoor space for each unit.

ADDITIONAL INFORMATION

Prime development location. Build up to 7 residential units and a Commercial unit. Located in the heart of Fishtown near Columbia Avenue and Girard Avenue. Walkable to Market/Frankford EL train, grocery stores, restaurants, the Frankford Avenue business district and the Delaware Waterfront.

ADDITIONAL INFORMATION

Prime Builder/Contractor Opportunity in Desirable Philadelphia Location Unlock the potential of this versatile CMX-1 zoned property in one of Philadelphia’s most sought-after neighborhoods. This mixed-use gem offers endless possibilities for savvy investors and developers. Key Features: Zoning: CMX-1, allowing for a range of uses including commercial and residential. Expansion Potential: Explore the option to add a third story with a roof deck (pending city approval) to maximize space and enhance city views. First Floor: Previously a storefront, this space can be revitalized into a vibrant commercial unit or converted into a chic apartment, aligning with today’s trendy urban living. Second Floor: Currently framed and partially plumbed and wired, offering a blank canvas for customization and finishing to your specifications. Location: Corner property in a rapidly developing area with new multi-unit constructions. Close proximity to major highways and downtown Philadelphia ensures convenience and high visibility. With new construction all around and a location poised for continued growth, this property is perfect for those looking to make a significant impact in a thriving neighborhood. Seize this opportunity and bring your vision to life today!

ADDITIONAL INFORMATION

Excellent investment opportunity in great East Kensington Location. Renovated in 2016, this modern duplex offers 2, 2br units with outdoor space in each. Enter through the front door to access the first floor unit. The newer kitchen features stainless steel appliances, cabinets with ample storage space, tile backsplash & exposed brick accents. The unit also features a large dining space, with big windows and bright hardwood floors that flow throughout the apartment. Off the kitchen is a great outdoor space for relaxing or entertaining. The 2 well sized bedrooms each offer great closet space and contemporary lighting. The hallway bathroom features a spacious shower with stylized fixtures and crafted glass accents. This unit has access to the basement for additional storage and laundry. The second floor unit enters into a spacious living area. The kitchen offers stainless steel appliance, granite counters, ample cabinets and an exposed brick accent wall. The spacious rear bedroom has great closet space and en-suite full bathroom. The well appointed 2nd bedroom and 3 peice hall bath bathroom are located in the in the front of the apartment. The unit also offer a private outdoor roof deck space with center city views. Laundry for this unit is located is in the basement of the building. Property is fully occupied.

ADDITIONAL INFORMATION

Introducing York Street Flats: A rarely-offered quadplex (4-unit) multifamily opportunity in Fishtown with 10 Year Tax Abatement eligibility at CO. Located in one of Philadelphia's most sought-after neighborhoods, this property offers a unique chance to complete and own a modern, high-potential investment property below market value! 2214-16 East York Street is nestled in the heart of Fishtown, one of Philadelphia’s most dynamic and rapidly growing neighborhoods. Known for its artistic vibe and rich history, Fishtown combines a modern, urban lifestyle with a distinctive local charm. Popular spots like Frankford Hall, La Colombe Coffee Roasters, Riverwards Produce Market and Green Eggs Cafe are just around the corner. Delivered in winterized shell condition, this property is a blank canvas with immense potential for either residential rental income or a high-demand resale. The approved building plans and permits simplify the path to completion. Current floor plans call for three spacious 2-bedroom-2-bathroom units and one spacious 1-bedroom-1.5-bath unit. Each unit will be approximately 1,000+/- square feet, setting them apart from surrounding inventory. The top floor unit will feature a roof deck with unbeatable skyline views. Don’t miss out on this incredible opportunity to shape a premier multifamily property in one of Philadelphia’s hottest neighborhoods. Contact us today to schedule a viewing and start envisioning the potential!

ADDITIONAL INFORMATION

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!

ADDITIONAL INFORMATION

CASH COW - 125k/yr income, 75K per year Profit. Introducing an incredible investment opportunity: a newly renovated (2022) Triplex with a short-term rental business included. This turnkey property is perfect for savvy investors seeking excellent cash flow. No experience is necessary - the owner has a long-term and established management team in place (cleaners, contractors, property manager) and spends about 1 hour a month in the business. The owner is relocating, opening the door for you to take advantage of this amazing deal. Imagine the potential in today's competitive real estate market! This property has recently undergone significant upgrades to its main systems, ensuring low capital expenditures in the foreseeable future. With a new roof, central plumbing line, fortified foundation, a fire alarm system with an active certificate, and HVAC mini splits in each unit, you can rest assured that the property is in excellent condition. Additionally, each unit has been meticulously remodeled in 2022, featuring luxury finishes such as beautifully tiled bathrooms with semi-frameless showers. The kitchens are stunning, boasting white quartz countertops, new cabinets with brass accents, and stylish tile backsplashes complemented by stainless steel appliances. The units are also equipped with recessed lighting and durable luxury vinyl plank flooring throughout. Plus, it has a 10 YEAR TAX ABATEMENT starting in 2022! As an added bonus, the sale includes an impressive short-term rental business. Over the past 12 months, the property has maintained an outstanding 85.5% occupancy rate, with guests staying an average of 2.3 days and paying a daily rate of $99.80. Don't worry if you're new to the short-term rental industry—the current owner is willing to provide 30 days of guidance at no additional cost to ensure a seamless transition. Every unit in this property is beautifully decorated and fully furnished. The kitchens come fully stocked with pots, pans, plates, and silverware, while the bedrooms are supplied with linens and towels—everything you need to continue running the successful short-term rental operation. The entire property is monitored by a state-of-the-art Vivint security system, enabling remote property monitoring and convenient remote check-ins for guests. Additionally, there's a convenient supply shed at the back of the property containing washers, dryers, and cleaning supplies, facilitating efficient turnover between guests. The property has already secured bookings well in advance, and these future booking receivables are included in the sale. The owner currently resides in the first-floor unit but is flexible with showings. Serious buyers will have access to view the second and third-floor units. Don't miss out on this exceptional opportunity—it's truly one-of-a-kind and won't be available for long. Contact us now to secure your future in the thriving real estate market.

ADDITIONAL INFORMATION

FANTASTIC OPPORTUNITY to own your own investment property. PRICE REDUCED !!! Lg Brownstone Triplex in the heart of FISHTOWN. 1st Fl. - lg living room with high ceiling & attractive hardwood floor, non-working fireplace, kitchen , 3 piece bathroom, 2 rms with beautiful hardwood floors & extra rear room leading to the basement & small yard. 2nd Fl - Living rm , kitchen, bathroom, 2 bedrooms 3rd Fl. - Living room with a beautiful hardwood floor, one (1) bedroom with attractive hardwood floor, 3 piece bathroom, kitchen. Basement - full length of of property with three (3) gas heaters, (3) hot water boilers. Property also has a fire alarm system. Currently the 2nd Floor Unit is rented for $1,225 per month.. The 1st & 3rd floor units are vacant. The property is in the heart of Fishtown with an abundance of new development, convenient to shopping & transportation, the night life attractions in Fishtown, Northern Liberties, Delaware River Waterfront, Port Richmond & Center City Phila. Here is an opportunity for an investment or live in one unit and gain income from the other two units. Property is being sold in "AS IS" condition.