Philadelphia PA Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PAPH2420086
ADDITIONAL INFORMATION
Welcome to this beautifully rehabbed property. The first corner has a unit for commercial which could be utilized for many different purposes. The first floor rear has an efficiency unit which has a modern kitchen with quartz countertops and a beautiful ceramic tile bathroom. The second floor boasts a two bedroom apartment that has an open floor concept.
- Type:
- Twin Home
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PAPH2418172
ADDITIONAL INFORMATION
Now is the opportunity for investors to explore 6332 Elmwood Avenue, a three-story multi-family property ready to be your next project. Soaring past 3,000sqft ++ this property has a main level living space (ready to be converted into a separate unit) as well as two upper level floors of (4) two bedroom, 1 bathroom units for a total of possibly five units (each with their own electrical panel). The main level is framed out and rather spacious, extending the whole length of the property. The (4) upstairs units need your finishing renovations but are framed out and separated, just awaiting your vision and finish. Projected monthly rental income for the (4) two bedroom units alone is $3,800 (estimated $950 a month for each upper level unit). Design the main level area to maximize your rental income, maximizing your portfolio! Consider adding seeing 6332 Elmwood Avenue to your list of investment properties today!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1915
- Baths:
- MLS#:
- PAPH2408484
ADDITIONAL INFORMATION
Welcome to 6428 Woodland Avenue - a legal, renovated triplex in Southwest Philadelphia offering a prime opportunity for passive, hassle-free income for a house hacker or investor. Each unit has separate heat, hot water, and utilities, making management easier for the owner. The property has been renovated to ensure minimal maintenance needs, ideal for a low-maintenance investment. The seller offers a list of trusted maintenance contacts, including plumbers, HVAC technicians, and landscapers, ensuring smooth property management. Donât miss out on this hassle-free investment property, ideal for building wealth through real estate. Step into passive ownership and watch your investment grow!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PAPH2399006
ADDITIONAL INFORMATION
Welcome to 6803 Woodland Avenue - a legal, renovated triplex in Southwest Philadelphia offering a prime opportunity for passive, hassle-free income. Currently occupied by reliable Section 8 tenants, this property provides stability, guaranteed income, and minimal management effortsâmaking it the ideal investment. Section 8 allows for rent increases every two years. Two units are due for an increase in November 2024, boosting future cash flow. Tenants pay rent through Buildium, an online property management platform, ensuring consistent, automated payments. The seller provides a list of trusted local maintenance professionals (plumbers, HVAC techs, landscapers, etc.) to ensure smooth ongoing management. The seller is committed to a seamless transition, offering tenant payment history and proof of current Section 8 payments for due diligence. With reliable tenants in place, stable Section 8 income, and recent upgrades, this property offers the perfect opportunity to step into the role of a passive investor. Donât miss out on this solid investment in a growing market!
- Type:
- Twin Home
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1915
- Baths:
- MLS#:
- PAPH2398988
ADDITIONAL INFORMATION
Welcome to 6616 Woodland Avenue - an excellent opportunity for investors or house hackers to acquire a renovated triplex in Southwest Philadelphia. Located in a rapidly developing business district along Woodland Avenue, this property presents long-term value and hassle-free passive income. Each unit has separate heat, hot water, and utilities, making management easier for the owner. The property has been renovated to ensure minimal maintenance needs, ideal for a low-maintenance investment. The seller offers a list of trusted maintenance contacts, including plumbers, HVAC technicians, and landscapers, ensuring smooth property management. Donât miss out on this hassle-free investment property, ideal for building wealth through real estate. Step into passive ownership and watch your investment grow!
- Type:
- Townhouse
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PAPH2390612
- Subdivision:
- Elmwood Park
ADDITIONAL INFORMATION
Come see this mixed-use property in the Elmwood Park Area of Philadelphia. The 1st floor is commercial and currently occupied by a Day Care. 2024 Rent is $900/mo. The 2nd floor, a 2-bedroom 1-bath apartment is rented at $1050/month. Gas/Electric are separate. Water is split between the 2 tenants and the owner. Trash will also be split between the 2 tenants and the owner.. The 1st floor offers hardwood floors, a small kitchenette and an updated bathroom. The 2nd floor apartment has new paint and a new kitchen floor. The property is located on the corner of Dewey and Buist, so great visibility for the 1st floor commercial tenant! Donât miss out on this one!
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PAPH2387696
ADDITIONAL INFORMATION
This is an excellent opportunity to own a large corner rent-ready property with a commercial space on the first floor and spacious 2-bedroom, 1 bathroom on the second floor. Live upstairs and let the first floor pay the mortgage or run your business downstairs and work from home. Just refreshed and ready for your customizations. Conveniently located on bustling Elmwood Avenue near SEPTA, Amazon offices, restaurants and a few minutes to Center City. Offered âAs Isâ.
- Type:
- Townhouse
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1915
- Baths:
- MLS#:
- PAPH2386860
- Subdivision:
- Paschall
ADDITIONAL INFORMATION
Live-In Investment Opportunity with Incredible Earning Potential Unlock the potential of real estate investment with this stunning, modern duplex in the 19142 Philadelphia area. This versatile property is ideal for live-in investors or seasoned landlords ready to expand their portfolio. With one unit currently rented to a reliable tenant, youâll benefit from immediate income on day one! Property Features: Unit 1 (Two Floors): 3 Bedrooms, 1.5 Baths Unit 2 (One Floor): 3 Bedrooms, 1 Bath Renovations with Modern Amenities: all-new appliances (washer, dryer, refrigerator, stove), high-end laminate floors, modern doors, hardware, and fixtures. Upgraded kitchens with tall cabinets, quartz countertops, and workstation sinks with LED-lit faucets. New bathrooms boast tiled finishes, touchless smart toilets with built-in bidets, LED-lit mirror medicine cabinets with defog and sockets, plus multi-functional shower panels with display screens. Investment Highlights: Projected Rent Income: $3,500/month or $42,000/year Mortgage Savings for Live-In Investor: With an estimated mortgage of $2,000 per month, a live-in investor could offset around $1,700 monthly by renting one unit. Alternatively, rent out both units and enjoy a potential monthly profit of $1,500! Tax Benefits: With an LLC structure, landlord investors could benefit from significant tax advantages, such as write-offs for repairs, depreciation, and mortgage interest. Potential ROI in 2 Years: With rental income and rising property values in Philadelphia, this property is a sound investment that could deliver returns in as little as two yearsâor sooner with the right mortgage plan. Why This Location? New Developments Nearby: The neighborhood is growing, with developments like a new Amazon Hub just blocks away and a condominium project in progress, adding value and appeal to the area. Family-Friendly and Convenient: A charter school within walking distance and a nearby church make this a prime rental area for families. Close to Major Transportation: Only 10 minutes from Philadelphia International Airport, with public transportation just a block away for convenient city access. Key Benefits for Buyers: Live-In Investor Option: Live in one unit and let the rent from the other offset your mortgage while you build equity over time. Immediate Income Stream: The property has a reliable, long-term tenant currently paying competitive rent, creating an instant cash flow. High-Growth Area: Philadelphia home prices have been steadily increasing, making this property an excellent wealth-building asset with substantial appreciation potential. Perfect for New Investors! This low-risk, high-reward property is perfect for first-time investors who want to kickstart their portfolio with minimal hassle and a clear path to financial growth. Secure this duplex today to start building wealth in one of Philadelphiaâs most promising neighborhoods. THE NUMBERS SPEAK FOR THEMSELVES!! Monthly Income and Expenses: Rental Income: $3,500 per month Mortgage (PITI - Principal, Interest, Taxes, Insurance): $2,000 per month Net Income: $3,500 - $2,000 = $1,500 per month Annual Cash Flow: Monthly Net Income: $1,500 Annual Net Income: $1,500 x 12 = $18,000 Initial Investment: Down Payment: $65,000 (on a sales price of $325,000) ROI Calculation: ROI=(Annual Net Income/Initial Investment)Ã100 Now letâs plug in the numbers: ROI=(18,000 / 65,000)Ã100 The ROI on this property is approximately 27.69% based on the annual net income and initial investment. This is a strong return, especially for a rental property. -8%â12% ROI: Typically considered good for rental properties, especially in stable markets. This range usually accounts for average rental property returns after expenses. -15%â20%+ ROI: Considered excellent for rental properties. Achieving this range often involves buying undervalued properties, making improvements, or investing in high-demand rental markets. Book your showing!
- Type:
- Townhouse
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- PAPH2386712
ADDITIONAL INFORMATION
Fully Renovated Duplex in the rapidly developing 19142 zip code. Unit #1: 2bed 1 bath(Occupied w/ lease thru 2025). Unit #2: 2bed 1 bath(Occupied w/ lease thru 2026). Recent gross annual income of $29,400.. proforma available upon request. Package deal available with: 4205 W Girard MLS# PAPH2386686, 5028 Griscom MLS# PAPH2386690, 2002 E Orleans MLS# PAPH2385934
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PAPH2386500
ADDITIONAL INFORMATION
Offering a 1% interest rate buy down for the first year at ZERO cost to the homebuyer when using the homeownerâs preferred lender! Welcome to 2136 S 64th St, a turn-key cash-flowing duplex located in the heart of Philadelphia. This versatile property presents an excellent opportunity for both investors and owner-occupants alike. This property is a perfect addition to your investment portfolio. With both units updated and meticulously maintained, you can rent out both for steady cash flow. Each unit features an open floor plan, providing a spacious and comfortable living environment for tenants. Additionally, both units come equipped with their own washer and dryer, adding convenience and appeal for potential renters. For those looking to maximize their investment while minimizing living expenses, consider house hacking. Live in one unit and rent out the other. This strategy allows you to offset your mortgage payments while enjoying the benefits of homeownership. The open floor plans and modern updates make this a comfortable and stylish place to call home. Situated in a prime location, 2136 S 64th St offers easy access to major transportation routes, making commuting a breeze. Whether you're heading downtown, to the suburbs, or anywhere in between, this propertyâs location provides unparalleled convenience. Don't miss out on this fantastic opportunity to own a cash-flowing duplex in Philadelphia. Whether youâre looking to invest or make this your home, 2136 S 64th St offers flexibility, modern amenities, and a prime location. Contact us today to schedule a showing!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PAPH2367376
- Subdivision:
- Elmwood Park
ADDITIONAL INFORMATION
Fantastic opportunity to own a duplex on a quiet Southwest Philly block with 1 bed & 1 bath in each unit. Great addition to your rental portfolio or live in one unit and subsidize your mortgage by renting out the other unit. Current tenants are month to month and happy to stay. Porch front with 1-car driveway in rear. Good condition and well-maintained with the opportunity to increase rents with minimal aesthetic upgrades. 1st floor gets $1,000/month & 2nd floor gets $900/month. Great cap rate at about 8%. Convenient location close to 76, airport and Amazon distribution center which offers a fantastic renter pool. Will not last, schedule your showing today!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.02 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- PAPH2362114
ADDITIONAL INFORMATION
LOCATION LOCATION LOCATION!!!!! Introducing an exciting investment opportunity just minutes from the airport! This commercial property, located at 2205-07 Island Ave, offers a spacious and well-appointed space for businesses looking to thrive in this vibrant community or investors looking to add a profit generating property to their portfolio. This property is located perfectly at the corner of Cobbs Creek Parkway and Woodland Ave. With its strategic location, this property benefits from high visibility and easy accessibility, ensuring maximum exposure to both foot, public transportation and vehicular traffic. Both the 11 Trolly and 68 Bus route stops in front of the property. It's a 3 minute drive to the Airport and major highways(I76 and I95). Footsteps from Delaware County (literally right across the street from Delaware County). The property features a versatile layout suitable for a wide range of ventures, including retail shops, restaurants, offices, or service providers. The property has two separate entrances and basements offering itâs new owners the capability of dividing and leasing it out as two separate spaces, keeping it as one space or leasing one side and operating their own business on the other. Whether you're a seasoned investor looking to expand your portfolio or an entrepreneur ready to launch your dream venture, this commercial property presents an exceptional opportunity for growth and success. Don't miss out â seize the chance to be part of this thriving community. Contact us today to schedule a viewing and take the first step towards realizing your business goals.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PAPH2352770
ADDITIONAL INFORMATION
This duplex is primed and ready to go. Both units are well appointed with modern kitchen and bathrooms. The units have been maintained and are in excellent condition. Both units have forced air HVAC systems, newer windows, floors and paint. Its rare to find a property in such condition with steady rent in place. All utilities are separate. This property is great for an owner occupant or investor alike.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- PAPH2336086
- Subdivision:
- Elmwood Park
ADDITIONAL INFORMATION
NEW 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.
- Type:
- Townhouse
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1935
- Baths:
- MLS#:
- PAPH2300582
ADDITIONAL INFORMATION
The property is fully occupied. Please confirm the showing with the selling agent. 48 HR Notice is required. The only showing window will be 12/15/23 from 2 PM - 4 PM **Investment Opportunity: Prime Mixed-Use Property with Stable Tenancy** Discover a lucrative investment opportunity with this strategically positioned property that combines the best of residential and commercial real estate. This asset boasts two potential residential units and a thriving commercial space, all of which are currently tenant-occupied, ensuring a steady and reliable income stream. 1. **Residential Units:** - The main house is being used as one unit even though the basement may be converted into its own unit. - Both units are currently occupied by reliable tenants, providing immediate cash flow. - Relatively well-maintained interiors and modern amenities enhance the overall appeal of the living spaces. - The residential component ensures a stable rental income with the potential for future appreciation. 2. **Commercial Unit:** - The property includes a versatile commercial unit, catering to a wide range of businesses. - High visibility and foot traffic in the area make this commercial unit an attractive prospect for potential lessees. - Currently occupied by a cell phone store. 3. **Location:** - Strategically located in a high-demand area, the property benefits from a growing community and increasing property values. - Proximity to key amenities, public transportation, and commercial hubs adds to the property's appeal. - Brand new amazon fullfilment facility directly across the street which should provide financial growth for the community. 4. **Financial Stability:** - With all units currently leased, investors can enjoy immediate returns on their investment. - The mix of residential and commercial tenants diversifies the income stream, reducing risk and enhancing stability. 5. **Potential for Value Enhancement:** - The property offers potential for value enhancement through strategic renovations or improvements, further increasing rental income and property value. Similar properties fully renovated have sold for over 350k. **Investment Highlights:** - Strong and diverse rental income from both residential and commercial tenants. - Immediate cash flow. - Opportunity for future appreciation in a high-demand location. - Well-maintained and attractive property with potential for value enhancement. Don't miss out on this exceptional investment opportunity that combines the reliability of residential leasing with the potential for lucrative commercial returns. Contact us today to secure your stake in this prime real estate venture.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PAPH2258990
ADDITIONAL INFORMATION
OPPORTUNITY! (Sold As Is) 3 bedroom, 2 full bath or duplex (2 bedrooms on first floor and 1 bedroom on second floor) in good condition. Currently rented for $1,584 per month (two tenants), it is well below market and must be adjusted. According to Rentometer, rents can be increased to $2,581 per month to be at least in line with market averages. Expenses in 2022 was $4,690. Well maintained and managed professionally by Del Val Property Management. Priced to sell.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1915
- Baths:
- MLS#:
- PAPH2259746
ADDITIONAL INFORMATION
Large Corner Building, setup as Large Front Store/Office Basement 2 bedroom, Living room, kitchen and bath Apt, 1st Fl 2 bedroom, Living room, kitchen and bath Apt, 2nd Fl 2 bedroom, Living room, kitchen and bath Apt, 3rd Fl 2 bedroom, Living room, kitchen and bath Apt. Large 4th floor attic. Buyer responsible for Zoning and L&I
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1970
- Baths:
- MLS#:
- PAPH2108616
ADDITIONAL INFORMATION
Perfect for owner occupant or first time investor. Live in one unit and have your tenants pay your mortgage! Triplex 2 units occupied bottom floor pays 900/month 2 bed 1 bath Top floor studio apartment paying 600 month Middle floor vacant studio apartment Perfect for an owner occupant looking to take 203k loan, or FHA for an investor looking to occupy the unit while renting the others Property rehabbed in 2018.
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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 19142 has a population of 1,596,865. Philadelphia 19142 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 19142 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 19142 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.