INVESTOR ALERT! A wonderful investment opportunity in the heart of North Philadelphia! Make immediate income from this 3 unit triplex! This building has three 2 bedroom units -- all of which are currently occupied -- with the potential to make an annual gross income of $40k off all three units IMMEDIATELY! With the abundant development in the area, this building can be renovated for unlimited income potential, which makes this the perfect building for the first time or seasoned investor. Each unit is spacious and its location being close to Broad street adds to the urban convenience of living in North Philadelphia, with the variety of bus lines and the Broad Street line. Additionally, this home qualifies for up to 10K in grant money from Prosperity Home Mortgage's Pathways to Prosperity Program. Come see this home today!
6616 Leeds St is Located in the nice neighborhood of Overbrook, near City Ave. This Duplex is perfect for the savvy investor's rental portfolio or a 1st time homebuyer looking to add their favorite color paint and move in. This well maintained duplex features 2 separately metered, 1 large bedroom, 1 bath apartments, with a modern kitchen that includes refridgerater and cooking range. Unit 1 has access to a full basement for storage and small backyard. Entryway leads to a living room, modern kitchen, then bedroom and bathroom. Upstair's layout is similar: Living room, modern Kitchen, 1 Large bedroom, and a full bath. Unit 2 has a hanging/shelved wall closet with plenty of space to organize your clothes and shoes. New electrical panel gives the next owner years of peace of mind. There are oppurtunities for a significant increase in ROI by bringing monthly rent up to market value. Both units were rented under market due to longtime tenents. Minutes from 69th St Shopping district and transportation center. Less than 30mins to the airport. Schedule your showing today. It is buyer and buyer's agent's responsibility to verify square footage, zoning, use and occupancy.
Welcome to a grand historic townhome, situated in the heart of Rittenhouse Square. Originally built in 1750, with a Colonial Revival facade upgrade in the 1920s, this property exudes timeless elegance and charm. Previously a doctors office, and now a family residence with an additional apartment/in-law suite off Manning. While it may require some updating, the potential for transformation into a multi-family residence is limitless, as are the potential variations of live/work or live in part while the rest produces income. Featuring classic architectural details, including intricate moldings, original fireplaces, soaring ceilings and expansive windows that flood the home with natural light. The spacious floor plan features multiple living areas, offering flexibility for grand entertaining and/or comfortable family living. Your purchase here also includes a rare 2-car garage, providing convenient and secure parking. This is a unique opportunity to own a piece of Philadelphia's rich history, while creating your dream property in one of the city's most coveted neighborhoods!
Looking for a investment project. Come check out this duplex. Needs some tlc but can be a great property for your portfolio. Being sold as. Buyer is responsible for U&O and all lender repairs.
Exceptional Investment Opportunity in Strawberry Mansion, Philadelphia Discover a unique investment opportunity with this triplex located at N 33rd St in the heart of Strawberry Mansion. Ideal for savvy investors, this property offers substantial potential with a rehabilitation project awaiting. Positioned in a vibrant neighborhood known for its historic charm and strategic location, this triplex provides a prime chance for rental income or renovation into desirable residential units. The area is experiencing significant new construction, highlighting its growth and the potential for strong returns on investment. The property requires a complete gut renovation, presenting a perfect opportunity for investors looking to customize and maximize their returns. Whether you're adding to your rental portfolio or seeking a property where you can live in one unit and rent out the others to cover your mortgage, this triplex offers versatile options. Priced competitively to reflect its current condition and the promising future of Philadelphia's real estate market, this property is a prime candidate for investors interested in the city's ongoing revitalization. Donât miss out on the chance to be part of this dynamic areaâs growth. Contact us today to arrange a viewing and explore the possibilities at N 33rd St, Philadelphia. Please note, the buyer will be responsible for obtaining the U&O.
NEW CONSTRUCTION - Two Duplexes back-to-back on Germantown Ave and N. Randolph St. Located in one of the strongest and booming Multifamily Markets in 19122 with new construction going on all around. Each building has 2 units and are for sale for $620,000 each. Great opportunity for first time home buyer, Investor, or 1031 exchange. Live in one and rent the other out or receive rental income from both units. Or buy both duplexâs and have rental income from 4 apartments in one location. Each building has a lower-level apartment with 2 bedrooms and 3 Baths and a upper level apartment with 3 bedrooms, 3 full baths, and large roof deck with great views of the downtown skyline. Proforma rent is $2,200 for the upper unit and $2,000 for the lower or $50,400 per year for each duplex, $100,800/year from both duplexes. All apartments have contemporary styling, ample closets, and a washer/dryer in each apartment. They are in a great location for commuters, Close proximity to Temple University and the Septa Regional Rail to Center City. Construction is complete and ready for immediate delivery. 10-YEAR TAX ABATEMENT to Keep your operating cost LOW.
Brand new complete renovation, ready for an owner occupant or investor to take over. Planned to maximize efficiency and usable square feet and design with tenants in mind, making leasing a breeze and having happier tenants. 6651 Blakemore was renovated over the past 14 months from the new rubber roof to the concrete slab in the basement - every aspect of the building has been upgraded, repaired, replaced, installed and made better. This property features new plumbing (interior and exterior), electric, HVAC, flooring, kitchens, bathrooms, layouts, insulation, drywall, tile, etc, with the idea of reducing maintenance needs over the building lifetime and creating more energy efficient units for cheaper utility costs for tenants. Currently 3 of the 4 units are rented, with 1 unit left vacant for a savvy owner occupant, and will be rented instead if under contract with an investor. Each unit is rented for 1395/mo, with tenants paying for all utilities (water is billed at a flat rate per person), with a storage unit in the basement included in the rent. We're a 30 second walk to the Stenton train station (24 minutes to Center City), 3 minute drive to the closest grocery store, ample street parking on a quiet, architecturally intriguing street.
This completely renovated property offers a fantastic investment opportunity in the heart of the Logan section of Philadelphia. The duplex features two spacious unit. One 2 bedroom unit with a bonus room, and one 4 bedroom unit, each with modern amenities and high-quality finishes. The property has been renovated from top to bottom, including new electrical systems, new plumbing, new central HVAC systems, new windows, and new doors throughout both units. Both units have separate gas and electric meters, providing convenience and efficiency. First floor 2-bedroom 1 bathroom unit has access to a backyard and a bonus room with closet. This extra room can be used as an office, nursery, extra closet space, etc. Second floor unit has a master bedroom with a master bath, 3 more bedrooms and a beautiful hallway bath. Potential gross rental income $42k/year ($1500/month for 2 bedroom unit plus $2000/month for a 4 bedroom unit). Whether you're looking to expand your rental portfolio or find a place to call home while generating rental income, this duplex is a must-see!
Welcome to this 2-two bedroom University City Duplex property which could pay you whether you live there or not. This property allows you to generate income with creative options like renting rooms, full units or both. Outside you have a front yard and open porch that leads to the front door and shared hallway. An open floor plan on the first floor unit has living room, dining room and kitchen ready for both relaxing and entertaining. The updated three-piece bath and two bedrooms lead to a large backyard that is ready for gardening, outdoor activities or a quiet space. The first floor unit has a month-month tenant. The second floor unit offers a sunny, spacious living room/dining room combo along with a separate full kitchen, updated three-piece bath and two large bright bedrooms. The Property offers newer windows, newer baseboard heaters, updated water heaters, newer roof, new main sewage pipe and more. Property is just steps away from Cedar Park restaurants, venues and activities. Only 10 minutes from the Philadelphia International Airport, this incredible property offers easy access to local parks, public transportation, Center City, Delaware County, highways, school and shopping. Start or continue your investment journey in this rapidly developing area today.
Huge Mixed Use, Three Unit multifamily building available with huge income potential. The top floor and first level have been updated and will continue to generate cash flow under new ownership as it has for the current. The second floor needs work buts has the potential to generate twice as it currently rents for, the low rent in this unit is only due the it being a family member of the owner. The new build next door sets the pace for a much higher value after repairs so this building has untapped equity. With a motivated seller we say come see the place and make us an offer.
This fully occupied legal triplex in South Philadelphia.Location! Large triplex fully occupied. Great for an owner-occupant who rents out 2 units or an investor looking for an investment in the most desirable destination in Philly close to all shopping, sports complexes, and all the city has to offer. Property certification is attached. The 1st floor has 2 bedrooms, full bath, basement, year yard $1,250.00, 2nd floor 2 bedrooms, full bath, eat-in kitchen $1,150 & 3rd floor 2 bedrooms, full bath, eat-in kitchen $1,150. Total rent is $42,600 All separate utilities. All buyers must send proof of funds to schedule.
Private oasis in Lawncrest back on the market after buyer unable to obtain financing. You won't find another property like it. Two-story carriage house in the middle of the block with attached 3500-sf clear-span garage, fenced-in yard, two additional one-car garages, and off-street parking pad AND income-generating 3-bed, 1-bath end-of-row townhome on the street. Carriage house has large, fully functional full bath with walk-in shower and washer/dryer on first floor, plumbing & electrical roughed in for large kitchen/dining area, and is ready for your creativity to complete the live-work space of your dreams. Front property is rented by long-term tenants (current lease term thru 5/31/2025). One-car garages also have income-generating potential. Walking distance to library, community garden, community rec center & pool, and Fox Chase regional rail line. Note that this sale is for two properties on one deed; owner will not separate. Row home tax ID is 352292300, carriage house tax ID is 884347287. Listing agent is related to seller. Seller is licensed real estate agent.
This is a fully renovated, 5-unit investment property in the rapidly appreciating Kingsessing neighborhood, adjacent to Squirrel Hill/Cedar Park. The P&L is included in the Document tab of the MLS listing. This is a corner property, which means that all units get tons of sunlight from windows on multiple sides of each apartment. The building is conveniently located just a few blocks from the restaurants and shops on Baltimore Ave. and has a WalkScore of 83, so most errands can be accomplished easily on foot. The property is also only one block away from Kingsessing Park/Recreation Center and is surrounded by bus and trolley lines along with the Indego bike station and the 49th St. rail station just 2 blocks away at the corner of 49th St. and Chester Ave. All utilities have been separated already (electric meters, gas meters, water heaters, & boilers) and the huge basement with a separate side entrance increases the potential of the building by adding a 6th unit with the proper zoning/permits!
Welcome to 6308 Rising Sun Ave. Great business location for the enterprising mindset. Join the business corridor on Rising Sun Ave. If you are interested in starting your own business, then this will be a good start for you!!! You may be able to generate some new clients with the foot traffic in the area. The upstairs is 3 bedrooms, 1 bathroom spacious apartment with washer and dryer in the unit. Convenient Location. Close to public transportation, all types of businesses and schools, restaurants etc. Seller Assist Available!!! Make you appointment today!!!
Discover an outstanding investment opportunity in the vibrant Temple University neighborhood. Each unit is 4 br/4ba. Perfectly situated steps away from the university, this property offers an ideal blend of convenience, style, and income potential. Property Highlights: **Location:** A stone's throw from Temple University, this property places tenants in the heart of student life, with easy access to Temple University Fitness, Code Blue emergency phones, multiple public transportation stops, and the bustling Broad Street. **Unit Features:** massive bedrooms that comfortably fit a queen-size bed and desk, alongside large closets for ample storage. The hardwood floors add elegance and durability, while in-unit washers and dryers ensure tenant convenience. **Updated Kitchens:** Modern, updated kitchen in each unit make the space both functional and inviting, perfect for communal living and entertaining. **Private Outdoor Spaces:** Bottom unit boasts its own private outdoor area, allowing tenants to relax and enjoy the Philadelphia weather. **Parking:** The convenience of 1 private parking space per unit is a rare find in this bustling area, adding significant value for tenants. Act now to take advantage of this unique opportunity in the Temple University area!
Discover an outstanding investment opportunity in the vibrant Temple University neighborhood with this 2-unit building. Each unit is 4 bd/4ba with parking. Perfectly situated, steps away from the university, this property offers an ideal blend of convenience, style, and income potential. Property Highlights: **Location:** A stone's throw from Temple University, this property places tenants in the heart of student life, with easy access to Temple University Fitness, Code Blue emergency phones, multiple public transportation stops, and the bustling Broad Street. **Unit Features:** massive bedrooms that comfortably fit a queen-size bed and desk, alongside large closets for ample storage. The hardwood floors add elegance and durability, while in-unit washers and dryers ensure tenant convenience. **Updated Kitchens:** Modern, updated kitchen in each unit make the space both functional and inviting, perfect for communal living and entertaining. **Private Outdoor Spaces:** Bottom unit boasts its own private outdoor area, allowing tenants to relax and enjoy the Philadelphia weather. **Parking:** The convenience of 1 private parking space per unit is a rare find in this bustling area, adding significant value for tenants. Act now to take advantage of this unique opportunity in the Temple University area!
Amazing investment opportunity in the heart of University City. This is a 7 unit corner turn key rental building with two 4-bedroom/4bathroom units, two 2-bedroom/2bath units, one 1-bedroom/1 bath unit, one Studio apartment, and a 1600 sq. ft. first floor commercial space with basement area included. Each residential unit has en-suite bathrooms for every bedroom making this the perfect set up for college rentals. 7 Years Left Remaining on the Tax Abatement.
This duplex has been purchased, renovated, and stabilized by the current owners with plenty of upgrades including granite kitchen countertops in both units, stainless steel appliances (refrigerator, dishwasher, and stove) in both units, and a poured backyard concrete slab to create an inviting outdoor space and so much more. This duplex is zoned RM-1 residential multi-family and has an active renters license. There are separate gas and electric meters for each unit and tenants pay both their own gas and electric bills. The owner currently pays the water and there are rent rolls available. Unit 1 is occupied by a long term tenant paying $915 a month. It offers a cozy yet stylish 1-bedroom layout adorned with luxury vinyl plank flooring throughout. Upon entering you're greeted by a spacious living room opening to the kitchen. The updated kitchen features white cabinets, granite countertops, and stainless steel appliances. The generously-sized bedroom offers ample space and grants access to the fenced-in back patio. The bathroom features a convenient stall shower. Unit 2 is occupied by an excellent tenant paying $925 a month. Upon entering, you'll discover a 2-bedroom residence also featuring luxury vinyl flooring throughout. The primary bedroom showcases large windows and abundant closet space. The second bedroom offers generous dimensions and the updated kitchen also features granite countertops, white cabinets, and stainless steel appliances. The bathroom has a tiled tub/shower combo. Completing this investment opportunity is the unfinished basement, offering ample storage space or the potential to add laundry facilities, further enhancing the property's appeal and value.
Welcome to this charming multi-family property located at 1447 N Franklin St, Philadelphia, PA. This property is a well maintained, legal 3 family in the booming neighborhood of Northern Liberties. First floor: 1 bedroom apartmentSecond floor: 2 bedroom apartment Third floor: Studio apartment. Ideal for an investor who wants a great property in a neighborhood filled with new construction and growth, or someone who wants to live in 1 unit while collecting rent from the other 2 units. Great multi-family investment, as neighborhood continues to grow and expand. Easy to show.
Once in a lifetime opportunity to acquire three adjacent properties with RM1 zoning right in sought out Bella Vista neighborhood. Each building sits on approximately 17 X 70 lot size with commercial spaces on 1st Floor and 3 bedroom apartments above each. The commercial spaces are currently rented to food cart & food catering businesses. Current rents would most likely be deemed under market value, while there is already great potential in this scenario as is, the real value lies in removing current structures to be able to build brand new single family homes, condos or multi unit buildings by right due to the flexible RM1 zoning. Dynamite location with stone's throw to Broad & Washington Av, 10 min walk south to the charming Passyunk Av or same distance north to the heart of Center City Philadelphia. Don't miss out on this rare opportunity, inquire today !
Welcome to this charming 3-story multi-unit home, featuring three spacious residential units. Perfect for investors seeking rental income or potential owner-occupancy, this property offers versatility and convenience. It has two tenant-occupied units and a vacant 3rd-floor apartment, ready for immediate occupancy or rental. Situated just minutes away from supermarkets, parks, recreation centers, and major transportation options, including train, trolleys. And also in close proximity to all essential amenities and public transportation makes commuting a breeze. This property is being sold As-Is in its current condition, providing a unique opportunity for customization and improvement. The property requires some investment to reach it's full potential, but the end result will be highly rewarding. Buyer is responsible for obtaining the Use and Occupancy (U&O) certificate. This home is ideal for generating rental income or for those looking to live in one unit while renting out the others. Donât miss out on this investment opportunity!! Schedule a tour today.
Investment Property for Sale in Northern Liberties, **Prime Opportunity for Investors and Entrepreneurs!** Discover an exceptional investment property located in the vibrant Northern Liberties section of Philadelphia. This three-unit building offers two beautifully remodeled 1 bedroom residential spaces and one thriving commercial space, making it the perfect addition to your portfolio. **Property Highlights:** - **Two Remodeled Residential Units:** Modern finishes and updated amenities provide comfortable living spaces that are highly desirable for renters. Separate utilities and laundry hookups in each unit. - **Commercial Space with Long-Term Tenant:** Benefit from a stable income stream with a reliable long-term commercial tenant already in place. - **Impressive Annual Income:** Collect over $43,000 per year in rental income. Let the residential units cover your mortgage while you focus on your business. **Location Benefits:** - Situated in the heart of Northern Liberties, known for its trendy restaurants, boutiques, and cultural attractions. - Convenient access to public transportation and major highways, making it an ideal location for residents and businesses alike. Don't miss out on this lucrative opportunity! Invest in a property that promises both immediate returns and long-term growth.
Current use as a triplex, shell condition, squatters on the premises. Being sold as is where is. Make your offer now.
This fully rented duplex is an investor's dream! Unit 1 is rented for $1,200 a month and Unit 2 is rented for $1,750 a month, both until 6/30/2025. Unit 1 is located on the first floor and features 1 bedroom and 1 bathroom. It includes a fully-equipped kitchen, a spacious living area with a decorative fireplace with a mantel, and a flex room that would make a great home office or even a second bedroom. Access to the rear deck that overlooks a private fenced yard area is from this unit. Unit 2 spans the second and third floors and features 4 bedrooms and 2 full bathrooms. The kitchen is large and has an adjacent dining area. Schedule your showing today!
The median home value in Philadelphia, PA is $265,000. This is higher 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 $265,000. 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 has a population of 1,596,865. Philadelphia is less family-centric than the surrounding county with 21.3% 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 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 is 34.8 years.
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.