Philadelphia PA Multi Family for Sale
- Type:
- Townhouse
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PAPH2322622
ADDITIONAL INFORMATION
Rare opportunity to acquire a commercial mixed-used currently operating as a nails salon that has been in business for 20 years. Upstairs is a 2 bedrooms, 1 bath room apartment ($750/month) with separate entrance on Aramingo Ave. There's a deck on the second floor for the tenant's enjoyment. New buyers can continue to run the salon, start their own business or rent out both units. Price includes the salon. Showings to be during normal business hours and sellers or listing agent will show/give access. 24 hours or more for notices, no exceptions.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PAPH2320188
ADDITIONAL INFORMATION
It is my distinguished honor to present to you Kensington Quarters, located in the Heart of Kensington, close to Fishtown, Norris Square, Olde Kensington, and other subsections of the Riverwards along the Delaware River. Situated at the intersecting sections between Kensington Ave, Lehigh Ave, & E. Allegheny Ave, this 5 unit building nestled in between public transportation infrastructure, medical institutions, new construction, and commercial mixed use corridors with a multitude of amenities. 4 of the 5 units are occupied and we are interviewing tenants for the 5th unit. The pro-forma and other financial analysis are available for review. The lease agreements are month-to-month and we project rental income could be increased. Unit 1 [1st Floor]: Studio: $600/month Unit 2 [1st Floor]: 1 Bed/1 Bath: $600/month Unit 3 [2nd Floor]: Studio: $750/month Unit 4 [2nd Floor]: 1 Bed/1 Bath: $700/month Unit 5 [3rd Floor]: 2 Bed/1 Bath: $950/month CAPITALIZATION RATE: Kensington Quarters has a capitalization rate of 9.86% with current rental income of $3,130 per month. The cap rate could increase to 9.36% if rental income was increased by $370/month to $3,600/month with minor increases on each rental unit. Cap rates could increase to 10.51% if you reduce the monthly gas operating expense by installing electric baseboards or allocate utility costs to the tenants. PACKAGE DEAL: This property is to be sold separately or together in a package deal with 626 E. Allegheny Ave., a duplex listed for $175,000. Together, there are 7 units in 2 buildings for sale. DEVELOPMENT: There are major development projects occurring nearby, including commercial mixed use corridor revitalization of Kensington Ave, which has commercial storefronts underneath the Blue Train line. There are also block developments of major projects that range from 15 unit development to 200 unit development nearby. Investors also acquire shells, factories, storage facilities, warehouses, and other industrial hubs that have laid vacant since the Industrial Revolution of Philadelphia and transform these buildings into multi-unit dwellings and apartment complexes. The combination of public transportation infrastructure meets commercial mixed use corridors allow for tenants to access amenities that makes this multi-unit building a highly desirable and easy to rent building. Projects such as the Hagert Block development, Kensington Courts, Allegheny Ave. commercial development, and other major projects will lead the way to a new Kensington. QUALIFIED OPPORTUNITY ZONE: This property is located within a Qualified Opportunity Zone, allowing investor capital gains tax advantages, which will exacerbate development and investments in these areas. Additional features include: - Easy Parking - Close to trolley, bus stops, the thoroughfares, L Blue Train - Multicultural cuisine & food establishment - Close proximity to Fishtown, Norris Square, Olde Kensington, Port Richmond, and other subsections of the Riverwards. Invest in the City of Brotherly Love & Sisterly Affection, from monstrous skyscrapers, to the stadiums, to the Delaware River, & surrounding landscape of the great City of Philadelphia. The property is close to trolley and bus stops, and less than 10 minutes from the Philadelphia International Airport. and close to multi-modal public transportation, 1-95 highway, and highways to New Jersey and other parts of the Tri-State Counties. We thank you for your consideration and we look forward to doing business with you. We will ensure a professional and respectful transaction for all parties and we wish you luck in the search for your new home in the City of Brotherly Love & Sisterly Affection.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1915
- Baths:
- MLS#:
- PAPH2313358
ADDITIONAL INFORMATION
This multi-unit property is strategically located in a CMX2 zoned area, offering versatile possibilities for commercial and residential use. Currently, the property features 4 units, two 1 bedroom units and two studio apartments. The studio is rented for $725 and the 1 bedroom is rented for $725 also . The other 2 units are vacant. With a potential income of $3,000 or more, this property is perfect for investors! Call me to book an appointment today. ** Sale is AS-IS**
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PAPH2308538
ADDITIONAL INFORMATION
Welcome to your next Investment Opportunity! This duplex located at 3555 Jasper St offers two 1-bedroom units, perfect for investors or owner-occupiers seeking rental income. Currently, one unit is rented at $800 a month & the other is rented for $750 , providing immediate cash flow. Don't miss out on this investment in a thriving neighborhood, priced at $149,980! ** Sale is AS-IS**
- Type:
- Townhouse
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PAPH2303372
ADDITIONAL INFORMATION
Welcome to your next Investment Opportunity! This rehabbed duplex located at 3557 Jasper St offers two 1-bedroom units, perfect for investors or owner-occupiers seeking rental income. Currently, one unit is rented at $800 a month, providing immediate cash flow. The second unit is vacant, presenting a fantastic opportunity to maximize rental potential at an estimated $800-$1000 month. Don't miss out on this investment in a thriving neighborhood. ** Sale is AS-IS**
- Type:
- Twin Home
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1935
- Baths:
- MLS#:
- PAPH2303136
ADDITIONAL INFORMATION
Commercial Store Front 4 total Units with 3 Residential Units & 1 Commercial Storefront, fully functional restaurant with all the equipment to operate, Turn Key with some TLC. Centrally located and steps away from the Somerset "L" Train Station. This Building has amazing potential for the right investor. Seller may consider Seller Financing with a large down payment, terms to be negotiated. Seller will consider Seller Financing with large down payment.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PAPH2300488
- Subdivision:
- Kensington
ADDITIONAL INFORMATION
Welcome to this duplex - both units are 1 bedroom / 1 bathroom with the potential rent of $915/month All occupied properties will be sold with tenants in place. Property is in good condition and are well maintained. The property has lead test, a rental license and is a good quality rental. All offers will be presented.. Buyer is responsible for u/o, and proof of funds required with all offers. All offers will be presented, and it must be a written offer. (a) This is a package deal, (b) that the list of all remaining properties being offered by the Seller can be made available with their corresponding list prices, and (c) that the Seller will only entertain offers where the Buyer is willing to purchase at least 3 parcels, however all offers will be carefully considered
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PAPH2300484
- Subdivision:
- Kensington
ADDITIONAL INFORMATION
Welcome to this duplex - both units are 1 bedroom / 1 bathroom with the potential rent of $915/month. All occupied properties will be sold with tenants in place. Property is in good condition and are well maintained. The property has lead test, a rental license and is a good quality rental. All offers will be presented.. Buyer is responsible for u/o, and proof of funds required with all offers. All offers will be presented, and it must be a written offer. (a) This is a package deal, (b) that the list of all remaining properties being offered by the Seller can be made available with their corresponding list prices, and (c) that the Seller will only entertain offers where the Buyer is willing to purchase at least 3 parcels, however all offers will be carefully considered
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PAPH2300462
- Subdivision:
- Kensington
ADDITIONAL INFORMATION
Welcome to this duplex - the first unit is a 3 bedroom 1 bathrooms and rent is $900 the second unit is a 1 bed 1 bathroom and rent is $475 both PHA. Property is in very good condition and are well maintained. The property has lead test, a rental license and is a good quality rental. All offers will be presented.. Buyer is responsible for u/o, and proof of funds required with all offers. All offers will be presented, and it must be a written offer.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- PAPH2263518
- Subdivision:
- Philadelphia
ADDITIONAL INFORMATION
Currently set up as a duplex. Each unit 1 Bdrm/1 Bath $850 per month. Zoning is RM1. Will need zoning for duplex. Exposed brick wall, contemporary iron railing, hardwood floors, etc. Total rent $1700 month. Will need some notice because of tenants. *Can be purchased with single family home next door at 1822 E Madison* (rented at $1100 month)
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- PAPH2256944
ADDITIONAL INFORMATION
**INVESTOR ALERT**Property is currently configured as a duplex, but is zoned RSA-5. Can be easily converted back to a single family or pursue revised zoning and keep the current layout. Easily shown, this property would make an excellent addition to your portfolio or an even better first investment. It is being sold in as-is condition with buyer responsible for U&O, Philadelphia Resale Certificate. It is requested/suggested buyer use MBA Abstract for title. All offers will be presented. $2,500 deposit due within 72 hours of a signed offer. Schedule your showing today!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PAPH2256952
ADDITIONAL INFORMATION
Kensington property for sale currently layed out as (2) 1 bed/1 bath units but is zoned RSA5. Property is in good condition and easily shown. All offers will be presented, property is sold in as is condition, buyer is responsible for Philadelphia Resale Certificate/U&O. Deposit of $2500 must be made within 3 days of signed agreement of sale. Buyer to use MBA Abstract for title. Seller makes no warranties or representations on zoning use.
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1915
- Baths:
- MLS#:
- PAPH2205844
ADDITIONAL INFORMATION
Great cash flowing property to add to rental portfolio. 1st floor tenant paying $1100 month; 2nd floor Front tenant paying $750 per month; 2nd floor Rear tenant paying $815; 3rd floor tenant is paying $825. Title report in and clean; legally zoned and up do L&I code. Tremendous growth in the area in the last few years with plans to expand exponentially. If you registered for PHA section 8, this one property could be generating $5,500 per month!!
© BRIGHT, All Rights Reserved - The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Xome Inc. participates, and is provided by BRIGHT through a licensing agreement. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.
Philadelphia Real Estate
The median home value in Philadelphia, PA is $205,900. This is lower than the county median home value of $223,800. The national median home value is $338,100. The average price of homes sold in Philadelphia, PA is $205,900. Approximately 47.02% of Philadelphia homes are owned, compared to 42.7% rented, while 10.28% 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 19134 has a population of 1,596,865. Philadelphia 19134 is less family-centric than the surrounding county with 20.04% of the households containing married families with children. The county average for households married with children is 21.3%.
The median household income in Philadelphia, Pennsylvania 19134 is $52,649. The median household income for the surrounding county is $52,649 compared to the national median of $69,021. The median age of people living in Philadelphia 19134 is 34.8 years.
Philadelphia Weather
The average high temperature in July is 87 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 47.2 inches per year, with 13.1 inches of snow per year.