Philadelphia PA Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 2023
- Baths:
- MLS#:
- PAPH2398494
ADDITIONAL INFORMATION
Welcome to this stunning new construction 3-unit property, offering modern design and premium finishes. The first unit is a spacious 3-bedroom, 3-bath, while the second and third units each feature 2 bedrooms and 2 baths. All units come with in-unit washers and dryers, ample closet space, and spacious bedrooms. Located just steps from local favorites like Human Robot Brewery, Cousin's Market, and Sutton's Restaurant. Enjoy easy access to top spots like Riverwards Produce, LMNO, Martha, and more. This triplex is an excellent investment opportunity with strong rental potential.
$1,550,000
2301 N 6TH Street Philadelphia, PA 19133
- Type:
- Townhouse
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 2023
- Baths:
- MLS#:
- PAPH2398488
ADDITIONAL INFORMATION
Discover modern living in these newly built apartments, featuring sleek, high-quality finishes and spacious layouts. This multi-family home has 6 bi-level with 2 bedrooms, and 2 bathrooms. Each unit offers generous bedrooms, ample closet space, and the convenience of in-unit washers and dryers. Located just a short walk from popular spots like Human Robot Brewery, Cousin's Market, and Sutton's Restaurant, with easy access to Fishtown and Northern Libertiesâonly a 7-minute drive away. Enjoy proximity to top-rated destinations such as Riverwards Produce, LMNO, Martha, Philadelphia Brewing Co., and more. This property generates over $10k in monthly income. Don't miss this exceptional investment opportunity!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 2023
- Baths:
- MLS#:
- PAPH2398630
ADDITIONAL INFORMATION
Investors, take note of this excellent opportunity at 2326 N 7th St, a tenant-occupied multifamily quadplex offering strong income potential in a growing Philadelphia neighborhood. This well-maintained property features four spacious, fully-occupied units, each designed with functionality and comfort in mind. With updated kitchens and bathrooms, the units are move-in ready, ensuring continued tenant satisfaction and retention. The building also boasts a low-maintenance exterior and an accessible layout, ideal for long-term profitability. Located in an area seeing steady development, this property is close to public transportation, local shops, and dining, making it a highly desirable rental location. Whether you're expanding your portfolio or seeking your next investment, 2326 N 7th St offers both immediate rental income and long-term growth potential.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1915
- Baths:
- MLS#:
- PAPH2398432
- Subdivision:
- Hartranft
ADDITIONAL INFORMATION
This is a great opportunity in Philadelphia, offering two beautifully updated units perfect for homeowners and investors alike. Unit 1 impresses right from the double-door entrance, leading into a bright, open-concept living and dining area with stunning hardwood floors. The modern kitchen features granite countertops, a glass tile backsplash, breakfast bar, and sleek appliances, making it perfect for casual meals or entertaining. The main-level bath includes a fully tiled shower/tub, and the primary bedroom has private access to a fenced backyard, ideal for outdoor relaxation. The lower level features two additional bedrooms, a full bath, and laundry access. Unit 2 spans the 2nd and 3rd floors, showcasing an airy living space that flows into a chefâs kitchen with subway tile backsplash, granite countertops, and espresso wood cabinets. The master suite boasts double closets, and two more bedrooms with ample storage complete this unit. A rooftop deck adds an outdoor escape with fantastic views. This property includes like-new systems, including HVAC, plumbing, and electrical, providing modern comfort and peace of mind. Location is everythingâthis property is just minutes from the expanding Temple University, with nearby shopping and mass transit options. Both a bus stop and commuter rail station are less than a mile away, making it easy to get around. Donât miss out!
- Type:
- Townhouse
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 2013
- Baths:
- MLS#:
- PAPH2396922
- Subdivision:
- Philadelphia (North)
ADDITIONAL INFORMATION
Great Investment Opportunity! 2013 built Triplex Building only two blocks away from Temple University. Separate gas and electric meters. First floor and the finished basement has 4 bedrooms, 2 full baths. 2nd floor has 2 bedrooms and one full bath. 3rd floor also has 2 bedroom and one full bath. . Separate gas & electricity meters. Washer & Dryer in each unit. Fenced yard. hardwood floor throghout the entire building. Easy to Show. Projected monthly gross income $4,700. Project ROI 10%.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- PAPH2392920
ADDITIONAL INFORMATION
Discover the ultimate investment opportunity at 2640 N Jessup St, a brand-new, 4-story duplex designed for savvy investors. This modern, all-brick property offers two luxurious bi-level units, each featuring premium finishes, open-concept kitchens with white cabinetry, stainless steel appliances, and elegant quartz countertops. Unit 1 boasts 3 spacious bedrooms, 2 beautifully designed bathrooms, and a private rear yard, perfect for outdoor entertaining, while Unit 2 offers 2 large bedrooms, 2.5 pristine bathrooms, and a stunning private roof deck with city views. Both units are equipped with in-unit laundry hookups, hardwood flooring throughout, and thoughtful design details that maximize both comfort and style. With a full 10-year tax abatement and located in a rapidly growing neighborhood, this turnkey duplex presents an excellent opportunity for both immediate cash flow and long-term appreciation. Ideal for investors looking to expand their portfolio or secure a property with high rental demand, 2640 N Jessup St is a must-see addition to your real estate assets.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1925
- Baths:
- MLS#:
- PAPH2381952
ADDITIONAL INFORMATION
Scattered site apartment building portfolio includes three - 5 unit apartment buildings for a total of 15 units. Currently they are all market rate apartments giving an investor the opportunity to add value by transitioning the units into the PHA program. 933 Dauphin St. (19133), 315 E. Price St. (19144), & 1612 N 54th St. (19131)
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1914
- Baths:
- MLS#:
- PAPH2386232
- Subdivision:
- None Available
ADDITIONAL INFORMATION
Package Deal: Acquire and develop 7 total units in booming West Kensington submarket! Purchase individually, or as a package for $390,000. Located just a 2 minute walk to the York-Dauphin Station on SEPTA's Market-Frankford Line, as well as multiple shops and dining along North Front Street. Located in a Qualified Opportunity Zone (QOZ). Both properties are currently in shell condition. 2320 N 2nd Street comes with approved plans for 3 residential units plus one ground floor commercial space. Plans include a small addition on the back going 3 stories + mezzanine. 2322 N 2nd Street comes with approved plans for 2 residential units plus one ground floor commercial space. Plans include a third story addition. Contact for plans and permits. Schedule your showing today!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1915
- Baths:
- MLS#:
- PAPH2385456
- Subdivision:
- Fairhill
ADDITIONAL INFORMATION
Welcome to this turnkey mixed-use building, offering exceptional cash flow and low overheadâideal for both homeowners and investors. Situated in the vibrant Fairhill section of Philadelphia, the ground floor features a versatile commercial space currently used as a church. Above, you'll find a beautifully renovated 4-bedroom, 2-bathroom home spanning two stories. This property is perfect for various investment strategies, whether you're considering a 1031 exchange, a cash sale, or commercial financing. Don't miss out on this golden opportunity to establish your presence in Philadelphia's thriving real estate market!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 1935
- Baths:
- MLS#:
- PAPH2382706
ADDITIONAL INFORMATION
Price Drop! This duplex has 1 bedroom downstairs and 2 bedrooms up stairs and this rental unit is located on W Allegheny, this location is close to public transportation witch gives access to downtown Philadelphia in minutes. In addition this rental property already has 2 outstanding tenants that pays rent on time. This rental property just needs a new owner that will walk into instant cash flow.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PAPH2377862
- Subdivision:
- North Central
ADDITIONAL INFORMATION
326 W Cambria offers a wealth of potential being directly in the line of gentrification and development. Just 2 blocks north of Lehigh Avenue where tons of new construction lies you will find this renovated LEGAL duplex. Unit two boosts a large bi-level 3 bedroom unit Currently rented under market but producing $1285.00 per month. Unit one is vacant but the projected rent is $1000-1100 per month. Current rental license is available to confirm zoning but its always recommended that the buyer should also conduct their own due diligence.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PAPH2349084
- Subdivision:
- Norris Square
ADDITIONAL INFORMATION
Opportunity Alert! This posh and modern duplex in Norris square is fully furnished, profitable and Airbnb ready! Step into this charming and Chic turn key money making duplex nestled in the heart of Philadelphiaâs booming Norris Square. Meticulously renovated and designed by a professional architect and interior designer, this property epitomizes modern comfort and style. Key Features: As you enter, you're greeted by a spacious, light-filled living area with soaring 9â ceilings and brand new LVP floors by Shaw, setting the tone for the elegance that awaits throughout. The entire property boasts a sophisticated aesthetic with all new interior and exterior doors, complemented by custom LED lighting that accentuates every corner. One of the highlights is the expansive bi-level roof deck, accessible from Unit 2, offering breathtaking skyline views of Philadelphia. Picture yourself hosting memorable gatherings under the stars, with LED accent lighting along the parapet creating a magical ambiance. The custom steel staircase adds a touch of industrial chic, leading seamlessly to the outdoor Sonos music system with integrated outdoor speakers, perfect for entertaining guests against the backdrop of the city lights. Inside, both kitchens feature sleek water-fall edge quartz countertops, matte black hardware, and Bosch dishwashers for added convenience. The electric GE ranges and Whirlpool slim microwaves vented to the exterior cater to culinary enthusiasts. Each unit includes a pantry closet and is equipped with its own high-end Whirlpool and Maytag washer/dryer stack, ensuring modern functionality at every turn. Technology enthusiasts will appreciate the propertyâs smart home features, including digital smart Wi-Fi locks with fingerprint sensors, a video doorbell and intercom system, and smart exterior lighting for enhanced security and convenience. CAT 6 ethernet wiring throughout ensures seamless connectivity, while heated electric bathroom floors in Unit 2 add a touch of luxury. For investors seeking immediate returns, this property is turnkey and Airbnb-ready, currently generating a gross income of $57,600 annually. Every detail, from the stylish furniture to the top-of-the-line home decor, has been carefully curated to create an inviting atmosphere that guests will love. The neighborhood of Norris Square offers the best of urban living with trendy cafes, eclectic restaurants, and green spaces just moments away. With a legal use variance for two-family occupancy, the duplex presents a rare opportunity for flexible living arrangements or continued investment success. This is an extraordinary opportunity to own a fully furnished, profitable property in one of Philadelphiaâs most opportune neighborhoods. Whether you envision it as your first investment, dream home, family estate builder or a savvy investment, schedule a showing today and experience the pinnacle of city living in Norris Square. Your urban oasis awaits!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 2020
- Baths:
- MLS#:
- PAPH2361916
ADDITIONAL INFORMATION
Calling All Investors or Owner/Occupants!! Welcome to 2519 N Hancock St, a beautiful new construction duplex built in the heart of booming West Kensington. If you are not familiar with this direct pocket of the City, please reach out as there is hyper development going on within a tight three block radius of this duplex. This turnkey duplex is waiting for you to add to your multi-family portfolio. Both units are rented. Two bi-level units located in one of the hottest growing areas of Philadelphia! New construction all up and down this block and surrounding blocks with a 49-unit warehouse conversion currently underway at the end of the block. Public transportation is a few blocks walk and the recently renovated Waterloo Park is around the corner. Call for details/financials and to schedule a tour of the building. Unit 1 is a spacious bilevel 2 bed 1.5 bath with rear patio. Unit 2 features 2 bed 1.5 bath bilevel unit with private roof deck. Both units include in-unit washer/dryers, open concept living/kitchen, stainless steel appliances and quartz countertops in both units. Comes with approximately 6-year remaining on the full tax abatement where you are 100% abated on the property assessment for the remaining years of the tax abatement. Contact us for more details and financials. Pictures are of an identical duplex built by the same developer.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- PAPH2360998
ADDITIONAL INFORMATION
Welcome to 1119 W Colona St, an exceptional investment opportunity close to downtown Philadelphia and 2 blocks from a major University campus and 611 with easy access to grocery, pharmacy, shopping and public transportation. The income producing property has been used for rental for years. Unit #1 is renovated in 2020, a 2bd/1ba with fully furnished basement for additional living space; Unit #2 is 2bd/1ba and is renovated in 2022 and maintained for short/mid term rentals. Currently both units are occupied, the lease in Unit #2 expires in July 2024 and Unit #1 is rented through December 2025. Showing by appointment only. Photos are for Unit #2 only. A true turnkey property that you can add into your portofolio. Seller is the listing agent. All financials are available upon request.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PAPH2340774
ADDITIONAL INFORMATION
Don't miss this opportunity to own an investment property. 2244 N 12th St is a duplex with 3 bedrooms a full bath and kitchen on the first floor, with laundry in the basement. The second and third floors make up another unit with 2 bedrooms, bath, kitchen and laundry on the second floor, and 2 bedrooms and a full bath on the third floor. This duplex is ideally situated at Temple University, making for excellent rental housing for students! It is surrounded by plenty of eateries and convenience stores.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PAPH2340766
ADDITIONAL INFORMATION
Don't miss this opportunity to own an investment property. 2238 N 12th St is a duplex with 5 bedrooms and 2 full baths. The first floor unit has 2 bedrooms, a full bath, and kitchen, with laundry in the basement. The second floor unit has 3 bedrooms, kitchen, full bath, and laundry. This duplex is ideally situated at Temple University, making for excellent rental housing for students! It is surrounded by plenty of eateries and convenience stores. Do not miss this opportunity. The seller had income of $1,000 for 1st floor, and $1200 for second floor! #2244 N 12th St is also for sale, and it has a third floor!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1915
- Baths:
- MLS#:
- PAPH2342212
- Subdivision:
- Philadelphia (North)
ADDITIONAL INFORMATION
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!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1915
- Baths:
- MLS#:
- PAPH2324928
- Subdivision:
- West Kensington
ADDITIONAL INFORMATION
Prime development opportunity in West Kensington. Several new construction projects completed and in progress within 2 blocks of 2601 N 6th St. This property spans an entire block. It includes an existing 4 unit apartment building, 4 storage units and a lot. Prime multi unit investment opportunity in an area bustling with new development. The entire block is included with this parcel. Rare available property in West Kensington. Rent Roll is as follows: Two 3 bedrooms - $900 per month each (2 are month to month, the other has 9 months remaining on a 1 year lease) ; One 2 bedroom-$800 per month (month to month); One 1 bedroom - $700 per month (month to month). All under market.
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 2022
- Baths:
- MLS#:
- PAPH2305946
- Subdivision:
- South Kensington
ADDITIONAL INFORMATION
Calling All Investors!! Welcome to 2327 N 3rd St, a beautiful new construction duplex. This turnkey duplex is waiting for you to add to your multi-family portfolio. 100% occupancy (offered at 7% cap rate) as both units are rented and have tenants who have renewed. Two Bi-Level Units located in one of the hottest growing areas of Philadelphia! Call for details/financials and to schedule a tour. Unit 1 is a spacious bilevel 2 bed 1.5 bath with private backyard space (rented at $1,700). Unit 2 features 2 bed 1.5 bath bilevel unit with private roof deck (rented at $1,900). Both units include in-unit washer/dryers, open concept living/kitchen, stainless steel appliances and quartz countertops in both units. Comes with 8 year full tax abatement. This duplex can be sold individually or as a package with other new construction duplexes in the area. Contact us for more details and financials. If you are not familiar with this direct pocket of the City, please reach out as there is hyper development going on within this area.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1915
- Baths:
- MLS#:
- PAPH2302432
- Subdivision:
- Temple University
ADDITIONAL INFORMATION
Welcome to this incredible investment opportunity in Temple! Zoned as a triplex, this property currently operates as a duplex, presenting an excellent opportunity for savvy investors. The first floor boasts a spacious layout with 2 bedrooms, 2 bathrooms, and a fully equipped kitchen. The second floor complements with 2 bedrooms, 1 bathroom, and a second kitchen. The third floor rounds out the accommodations with 3 bedrooms, 1 bathroom, but no kitchen, offering a unique setup for various living arrangements. Perfect for an owner-occupant looking to generate rental income or a seasoned investor seeking a valuable addition to their portfolio. Situated in a desirable area with convenient access to amenities, public transportation, and local attractions. Schedule a showing today and explore the potential this property has to offer! Property being sold as-is.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 2021
- Baths:
- MLS#:
- PAPH2290708
- Subdivision:
- West Kensington
ADDITIONAL INFORMATION
Welcome to your newer constructed home at 2537 N Howard St in the vibrant West Kensington Neighborhood! This duplex property offers two units, each featuring 3 bedrooms and 2 bathrooms. With a modern design and thoughtful construction, this home is perfect for comfortable and stylish living. Take advantage of the years left on the tax abatement, providing you with valuable savings. This is perfect for a homeowner looking to ease mortgage costs or an investor seeking a low-maintenance asset for their portfolio, this duplex offers an attractive opportunity. Discover the convenience of modern amenities in this newly built property. One unit comes with a private roof deck showcasing stunning city skyline views, while the other features a spacious backyard for outdoor enjoyment. Indulge in the local culinary scene with popular eateries like Thang Long Noodle Restaurant, Cafe Pho Ga, and Vientiane Bistro just a stone's throw away. For your everyday needs, you'll find Kensington Community Food Co-op and other grocery stores in close proximity. Commuting is a breeze with the MFL Frankford TC to 69th St TC at the Huntingdon Station just minutes away. Don't miss the opportunity to call this newly constructed duplex property your home, where modern design meets convenience and style!
- Type:
- Townhouse
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- PAPH2285638
- Subdivision:
- Brewerytown
ADDITIONAL INFORMATION
Property Addresses included in portfolio : 2725 Glenwood Ave MLS# PAPH2285644 2530 Ridge Ave MLS# PAPH2285656 1913 N 23rd MLS# PAPH2285666 1941 N 23rd MLS# PAPH2285670 1210 W Dauphin MLS# PAPH2285626 1212 W Dauphin MLS# PAPH2285638 Total Asking Price For Portfolio: $3,200,000 Scan for photos on the Virtual Offering Memorandum. Here is a remarkable investment opportunity in the heart of Philadelphia â a portfolio of six triplex multi-family buildings, offering a total of 18 units, 19 bathrooms, and 31 bedrooms. This is an exceptional chance for discerning investors seeking a strong return. All leases except for Glenwood units are through PHA making rent payments guaranteed. 2024 rents are poised to increase $1764 for 2 beds and $1476 for 1 beds. Advertised rents are for 2024 proforma, and current cap rate is 8%+ **Key Features:** - Turnkey Recently Renovated Portfolio: These properties have been meticulously renovated, ensuring they are in superb condition and ready for occupancy or rental. - Rent Program Tenants: Enjoy the reliability of guaranteed rent from the city, providing a stable income stream. - Under Market Rents: There exists an opportunity to maximize your returns by adjusting rental rates to align with the current market conditions. - Proximity to Philadelphia Schools: These properties are conveniently located near Philadelphia schools, making them appealing to potential tenants with families. **Location:** Strategically positioned in Philadelphia, a city renowned for its vibrant culture and robust real estate market. With easy access to schools and essential amenities, this location is poised for growth and offers excellent rental potential. This outstanding investment opportunity is exclusively represented by MY Philly Cassell, your trusted partner in Philadelphia real estate. If you are considering expanding your investment portfolio or entering the dynamic Philadelphia real estate market, this is an opportunity you should explore. Seize this remarkable chance to acquire this portfolio of multi-family buildings. Contact us today to obtain more details and take the first step toward securing a prosperous investment in the City of Brotherly Love.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- PAPH2285626
- Subdivision:
- Brewerytown
ADDITIONAL INFORMATION
Property Addresses included in portfolio : 2725 Glenwood Ave MLS# PAPH2285644 2530 Ridge Ave MLS# PAPH2285656 1913 N 23rd MLS# PAPH2285666 1941 N 23rd MLS# PAPH2285670 1210 W Dauphin MLS# PAPH2285626 1212 W Dauphin MLS# PAPH2285638 Total Asking Price For Portfolio: $3,200,000 Scan for photos on the Virtual Offering Memorandum. Here is a remarkable investment opportunity in the heart of Philadelphia â a portfolio of six triplex multi-family buildings, offering a total of 18 units, 19 bathrooms, and 31 bedrooms. This is an exceptional chance for discerning investors seeking a strong return. All leases except for Glenwood units are through PHA making rent payments guaranteed. 2024 rents are poised to increase $1764 for 2 beds and $1476 for 1 beds. Advertised rents are for 2024 proforma, and current cap rate is 8%+ **Key Features:** - Turnkey Recently Renovated Portfolio: These properties have been meticulously renovated, ensuring they are in superb condition and ready for occupancy or rental. - Rent Program Tenants: Enjoy the reliability of guaranteed rent from the city, providing a stable income stream. - Under Market Rents: There exists an opportunity to maximize your returns by adjusting rental rates to align with the current market conditions. - Proximity to Philadelphia Schools: These properties are conveniently located near Philadelphia schools, making them appealing to potential tenants with families. **Location:** Strategically positioned in Philadelphia, a city renowned for its vibrant culture and robust real estate market. With easy access to schools and essential amenities, this location is poised for growth and offers excellent rental potential. This outstanding investment opportunity is exclusively represented by MY Philly Cassell, your trusted partner in Philadelphia real estate. If you are considering expanding your investment portfolio or entering the dynamic Philadelphia real estate market, this is an opportunity you should explore. Seize this remarkable chance to acquire this portfolio of multi-family buildings. Contact us today to obtain more details and take the first step toward securing a prosperous investment in the City of Brotherly Love.
- Type:
- Townhouse
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1925
- Baths:
- MLS#:
- PAPH2289942
- Subdivision:
- West Kensington
ADDITIONAL INFORMATION
Introducing a unique real estate opportunity in the vibrant neighborhood of West Kensington, right at the intersection where the Market Frankford Line gracefully diverges from Front Street. This property offers a triplex layout with a remarkable proposition for owner-occupants who envision having their own commercial space below and enjoying rental income from the units above. 1st Floor Commercial Space - Vacant and Full of Potential: The first floor of this versatile triplex is a spacious, clean slate, awaiting your creative vision. This commercial space is currently vacant, presenting the perfect opportunity for an enterprising owner-occupant to establish their own office or retail venture. With its prominent location on a bustling street, you'll benefit from ample foot traffic and excellent street exposure on Front Street and Kensington Avenue, enhancing your business prospects. Upstairs: Two Distinct 2-Bedroom, 2-Bathroom Apartments: Ascend the stairs, and you'll find two well-appointed 2-bedroom, 2-bathroom apartments. These comfortable living spaces have been designed to cater to the modern tenant's needs, ensuring both convenience and style. One of these apartments is already rented, guaranteeing immediate rental income, while the other is currently listed and ready for a new tenant, ensuring a steady revenue stream. A Prime Location in West Kensington: Situated at the intersection of Front Street and Kensington Avenue, this property enjoys a prime location within West Kensington, a neighborhood known for its eclectic mix of culture and creativity. The bustling streets provide a dynamic backdrop for your commercial venture and offer unparalleled visibility to your potential customers. With easy access to public transportation, including the Market Frankford Line, commuting is a breeze, making it a sought-after spot for both residents and business owners. In summary, this triplex in West Kensington presents a unique opportunity for owner-occupants seeking a commercial space with rented units above. With a vacant first-floor space awaiting customization, two attractive apartments, and a prime location that guarantees street exposure, this property offers a blend of income potential and personal investment. Don't miss the chance to make this your next real estate venture in this thriving and evolving community.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1875
- Baths:
- MLS#:
- PAPH2245616
- Subdivision:
- Kensington
ADDITIONAL INFORMATION
This duplex is available as part of a portfolio or may be purchased individually. This could be a great option for a house hack. Move into one of the units and help cover your mortgage with the other. The portfolio available is comprised of 15 units over 4 locations. Two duplexes, a triplex, and an eight unit building with a single car garage. All properties are located in Philadelphia neighborhoods of Sharswood and Olde Kensington. Per website Best Places, the 19133 (Old Kensington) zip code has enjoyed 17.3% home appreciation in the last 10 years. It also has a robust market for renters making up 45.3% of the population. Home appreciation in the 19121 zip code (Sharswood) has been 19.8% over the last 10 years . Renters make up 49.8% of the population. All of these properties have undergone full gut renovations and were stripped down to the studs. Many of the layouts were reconfigured. Each property was then rebuilt with new electric, plumbing, hvac, roofing, windows, curb traps where necessary, appliances, kitchens, bathrooms, etc... Each property has a 10 year tax abatement secured. All properties will be sold "as-is, where-is with all faults and defects" Please take a look at the additionally available properties a duplex at 2118 W Master st Philadelphia PA 19121, a triplex at 2323 N 2nd st Philadelphia PA 19133, 8 units + Garage at 2626-2630 Ridge Ave Philadelphia PA 19121. Portfolio Price $3.35mm
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Philadelphia Real Estate
The median home value in Philadelphia, PA is $157,000. This is higher than the county median home value of $152,400. The national median home value is $219,700. The average price of homes sold in Philadelphia, PA is $157,000. Approximately 45.41% of Philadelphia homes are owned, compared to 41.56% rented, while 13.03% are vacant. Philadelphia real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Philadelphia real estate agent to arrange a tour today!
Philadelphia, Pennsylvania 19133 has a population of 1,569,657. Philadelphia 19133 is less family-centric than the surrounding county with 21.16% 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 19133 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 19133 is 34.1 years.
Philadelphia Weather
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.