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.
Welcome to an exceptional investment opportunity nestled in the heart of Strawberry Mansion. This duplex boasts two units, offering versatility and potential for lucrative returns. The first unit features 3 bedrooms and 1 bath, while the second unit comprises 2 bedrooms and 1 bath. Situated on a corner lot, this property is ripe for a full rehab, presenting investors with a canvas to create something truly special. Located just off Fairmount Park, this property enjoys a coveted location in Strawberry Mansion. Surrounded by new constructions and recently rehabilitated properties, the neighborhood is witnessing a surge in development, making it an ideal time to invest. With two new constructions set to rise on the block, the potential for growth and appreciation is evident. This property presents an incredible opportunity for investors looking to expand their portfolio. Whether you're a seasoned investor or just starting, this turnkey investment offers immense potential. With a reliable tenant already in place, you can start generating income from day one. The demand for rental properties in this area coupled with the strategic location makes this investment a lucrative choice. Unlock the potential of this well-appointed home in Strawberry Mansion. With a strategic location, favorable market conditions, and a solid rental history, this property promises excellent returns on investment. Whether you're looking for a passive income stream or aiming to grow your real estate portfolio, this property offers a compelling opportunity. Seize the chance to capitalize on this investment gem in Strawberry Mansion. Act now to secure this property and embark on a journey towards financial success. Reach out today to schedule a viewing and take the first step towards realizing your investment goals.
Investment Opportunity in Parkside section of West Philadelphia. 4035 W. Girard is a massive 5,310 Sq. Ft not including the basement. The lot is 1,710 Sq.Ft. 4033 W. Girard (Lot Sz 1,800 Sq. Ft.) & 4037 W. Girard ( Lot Sz 1,710 Sq.Ft.) available at $300,000.00 each; creating endless opportunities with over 5,200 Sq. Ft. of lot size. Just steps to the thriving Mantua and Brewerytown sections of the city & a short 2 miles to Drexel University, University of Pennsylvania, and the Penn health system. Many forms of transportation within 3-5 minutes. Ease of access to Center City and Anywhere on the Mainline. Get to the heart of University City in less than a 10 min drive and just 15 Min to PHL International Airport. In addition to a great location, residents enjoy local Attractions including Kelley Drive, Please Touch Museum, Mann Music Center, Dell Music Center, Philadelphia Zoo, Fairmount Parks, Shofuso Japanese House & Garden, Horticultural Center, Belmont Mansion, Art Museum, Multiple parks/trails, shopping centers and great restaurants.
Great investment opportunity located in the area of Drexel University University of Penn. and Presbyterian Hospital zoned as a Duplex but have three good one bed room units 1st floor unit living room one bed room EIK 3pc bath room with shower access to fence in rear yard and basement 2nd unit one bed room EIK living room and three piece bath room w/shower updated and vacant unit three one bed room EIK three piece bath room w/sower tenant occupied of 40 year. full cement basement with utilities , laundry hook up and plenty storage property is also close to public transportation, shopping, and plenty of restaurants Tenants pay for heat
A fantastic and rare opportunity in the Heart of South Philly! Commercial mixed-use property. You get two buildings in one! The building runs from W. Passyunk to McKean. Sts. On the 1431 W Passyunk St side, you get a commercial space that is currently a restaurant on the first floor with an apartment above. Then, go around the corner and you get three apartments on the 1430 McKean St side. All great tenants and would like to stay. All meters are separated except water. Busy commercial corridor with lots of bustling activities and businesses! Super convenient location, close to public transportation buses and trains, lots of restaurants, shops, cafes, etc. Both buildings are fully occupied so you can continue to collect rent! Nothing to do but collect passive income. Don't miss this wonderful opportunity!
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.
Welcome to this exceptional property offering a prime opportunity for savvy investors and developers. This well-located property boasts fully approved zoning permits for a triplex, making it an ideal canvas for maximizing its potential. Additionally, included with the - fully framed - property are comprehensive construction documents, covering all aspects including Mechanical, Electrical, and Plumbing (MEP), streamlining the development process and ensuring a smooth transition from concept to completion. Whether you're looking to capitalize on the burgeoning rental market or seeking a seamless development project, this property presents an unparalleled opportunity to realize your vision.
Exceptional investment opportunity awaits with this stunning duplex featuring state-of-the-art Bi-Level Loft Apartments. This meticulously maintained property boasts separate metering, gleaming hardwood floors, soaring high vaulted ceilings, and central air conditioning throughout both units. Each unit presents a remarkable modern kitchen equipped with top-of-the-line stainless steel appliances, including a dishwasher. The spacious layout includes a large breakfast bar offering additional seating, complemented by a charming traditional dining area. A convenient half bath and washer/dryer on the main level lead to a staircase ascending to the second level, where you'll discover an opulent open bedroom loft with a primary bath and generously sized closets. Conveniently located just minutes away from Frankford Avenue in Fishtown, The Piazza in Northern Liberties, public transit, and all the amenities that Center City has to offer, this duplex is an ideal investment opportunity not to be missed.
This three story building in the up and coming South Graduate area was totally redone in 2010. The 1st floor is a commercial unit that is currently vacant with access to side entry garage. The two apartments upstairs are both 2 bedroom, 1 bath with hardwood floors, ceramic tile bath, and kitchens with granite counters. Both units have decks with great views of the city. Each residential unit is currently occupied.
Two family home in rapidly appreciating Strawberry Mansion area. This duplex features 1 bedroom apartment on the first floor and a 2 bedroom apartment on the second floor. Currently all utilities are paid by the landlord. The current rental license for this building is for one unit only and buyer would be responsible to legalize use as a two family dwelling.
Nestled in the vibrant Brewerytown district of Philadelphia, this exceptional real estate opportunity beckons both owner-occupants and savvy investors alike. The first floor unveils a cozy one-bedroom, one-bathroom sanctuaries, complete with access to expansive, full unfinished basements. The architectural narrative ascends on the second and third floors, where spacious three-bedroom units with one and a half bathrooms offer ample room for living and leisure, designed to cater to the contemporary urbaniteâs lifestyle. Each unit boasts individual laundry hookups, ensuring convenience is never compromised. The commitment to comfort extends to each homeâs climate control, featuring independent forced air heating systems and central air conditioning, guaranteeing year-round contentment. The exterior is crowned with a new roof, a testament to the thoughtful upkeep and attention to durability. The basement has been partially waterproofed, ensuring a solid foundation that sets the stage for peace of mind and future possibilities. A tour inside reveals engineered plank flooring sweeping across every unit, a modern backdrop to your daily living. The heart of the home, the kitchen, has been thoughtfully renovated to marry function and style â white cabinetry, granite countertops, and undermount sinks set against a suite of stainless steel appliances, including dishwashers and microwaves. Each space is further enhanced with ceiling fans in select rooms, while the bathrooms dazzle with lavish updates, creating sanctuaries of relaxation. Located in a neighborhood known for its dynamic energy and community spirit, this property stands as a turnkey solution for those looking to dive into Brewerytownâs lifestyle or to capitalize on Philadelphiaâs thriving rental market. Offering a world of opportunities, these homes are not just a place to live but an invitation to join a vibrant community and invest in your future.
Nestled in the vibrant Brewerytown district of Philadelphia, this exceptional real estate opportunity beckons both owner-occupants and savvy investors alike. The first floor unveils a cozy one-bedroom, one-bathroom sanctuaries, complete with access to expansive, full unfinished basements. The architectural narrative ascends on the second and third floors, where spacious three-bedroom units with one and a half bathrooms offer ample room for living and leisure, designed to cater to the contemporary urbaniteâs lifestyle. Each unit boasts individual laundry hookups, ensuring convenience is never compromised. The commitment to comfort extends to each homeâs climate control, featuring independent forced air heating systems and central air conditioning, guaranteeing year-round contentment. The exterior is crowned with a new roof, a testament to the thoughtful upkeep and attention to durability. The basement has been partially waterproofed, ensuring a solid foundation that sets the stage for peace of mind and future possibilities. A tour inside reveals engineered plank flooring sweeping across every unit, a modern backdrop to your daily living. The heart of the home, the kitchen, has been thoughtfully renovated to marry function and style â white cabinetry, granite countertops, and undermount sinks set against a suite of stainless steel appliances, including dishwashers and microwaves. Each space is further enhanced with ceiling fans in select rooms, while the bathrooms dazzle with lavish updates, creating sanctuaries of relaxation. Located in a neighborhood known for its dynamic energy and community spirit, this property stands as a turnkey solution for those looking to dive into Brewerytownâs lifestyle or to capitalize on Philadelphiaâs thriving rental market. Offering a world of opportunities, these homes are not just a place to live but an invitation to join a vibrant community and invest in your future.
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.
Welcome to this beautifully renovated triplex! This stunning property comes fully equipped with an array of luxurious inclusions that will elevate you and your tenants living experience. As you step into each apartment, you'll be greeted by a sleek and modern design with stainless steel appliances, exposed brick, functional layouts, light fixtures, washer / dryer in each unit and a private roof deck for the 3rd floor apartment. Each unit is currently occupied. Unit 1: 1 Bedroom 1 Bath 1st Floor Flat. Unit 2: 2 Bedroom 2 Bath 2nd Floor Flat. Unit 3: 2 Bedroom 2 Bath Bi-Level w/ Private Roof Deck. This triplex is located conveniently off of 33rd Street with ample on-street parking. It is across the street from Fairmount Park and in close proximity to Center City, The Art Museum, Philadelphia Zoo and Kelly Drive. Schedule a showing directly with the listing agent today!
Great Opportunity Alert!! All three properties are for sale and are ready for your extra TLC. Come take a look! First Floor is a open commercial space with a finished basement, ready to be converted into the business of your dreams. The second floor has a 1 bedroom apartment, as well as the third floor. Both are currently unoccupied. These properties are in need of work and is strictly being sold AS IS. Inspections are for informational purposes. Seller and motivated and negotiable. Come and take a look!
Investor Alart! This is the package for 530/532/534 N preston st located at University City. Each building has 15 students efficiency. Every efficiency has own Kitchen and bathroom. Laundry area located in the hallway of each level. Zoning is CMX-2. 85% occupied. 10 years tax abatment approved. 6 mins drive to Upenn and 5 mins drive to Drexel University. Welcome to show to your clientã
Don't Look Further â EQUITY DREAM! Young families or savvy investors, seize this unprecedented opportunity to instantly gain $20k in equity! This exceptional duplex, located in the highly desirable Frankford section of Philadelphia, features a spacious 4-bedroom, 1-bath unit and a cozy 2-bedroom, 1-bath unit, complete with a full basement and side yard. Conveniently situated near a public transport hub yet tucked away off the beaten path, this property offers the perfect blend of accessibility and tranquility. The current owners are retiring and liquidating their portfolio, presenting you with an incredible chance to own in an area that has caught the city's attention. Act now to secure this prime investment and make your equity dreams a reality! The city is noticing Frankford â and so should you!
Don't miss this beautiful, COMPLETELY RENOVATED duplex in West Philadelphia. This corner property features two, 2 bedroom, 1 full bath units with open living areas, high ceilings and new hardwood floors that flow throughout. Each unit has been outfitted with a brand-new kitchen with white shaker cabinets, granite countertops, subway tile backsplash, stainless steel appliances, and counter seating. New bathrooms with beautiful tile floors and tub/shower. Both units have their own laundry hook ups. 1st floor unit has access to a fenced-in backyard. There is a large basement with a separate entrance perfect for storage or additional bonus income. Located close to parks, shops and public transportation.
University city property . This property has 3 legal units. Two residential and one office on the first floor. There is a roof deck for the 3rd floor tenant., and a back yard for the first floor tenant . It's a great opportunity to purchase as an investment property or stay in one of the 3 units . It was completely renovated a few years ago. Easy to show.
Welcome to 4542 Wayne Ave., located in Wayne Junction area of Philadelphia. This triplex is ideally located near the universities and close to public transportation. All units are fully rented and ALL tenants pay their rent on time! This is truly a turn-key investment. There are three-2 bedrooms apartments. This home is a great opportunity for anyone looking for an income generating property in the heart of Philadelphia. It's close to everything you could need, and it's sure to be a great investment.
Welcome to 23 N Paxton Street, located in West Philadelphia. This triplex is ideally located near the universities and close to public transportation. All units are fully rented and ALL tenants pay their rent on time! This is truly a turn-key investment. There are two-2 bedrooms apartments, and one- 1 bedroom. This home is a great opportunity for anyone looking for an income generating property in the heart of Philadelphia. It's close to everything you could need, and it's sure to be a great investment.
Amazing opportunity to purchase this legal duplex that hosts two- 2 bedroom units and is in rent ready condition. First floor tenant has been there for 14 years and pays $565/month, they would like to stay if possible but lease ends March 2025. The upstairs was rented for $800. This home is in good condition. with separate heater and hot water meters. Property is sold as is, seller will provide city cert for duplex.
Back on the market due to Buyer's Financing falling through. Appraised for 355k. One manâs loss is another manâs gain, so donât miss out on this lovely three-story duplex just blocks from Temple University!! Motivated Sellers. Less than 1 mile to public transportation & walking distance to campus! Perfectly fit for a savvy investor or homebuyer. Really great opportunity for positive rental income!! Unit A is located on the first floor and consists of 1 BR and 1 BTH. The living room leads to a fenced-in backyard. Unit B is located on both the second and third floors and consists of 4 BRs and 2 BTHs. The stairs lead to a pretty roomy living room and dining area, modern kitchen with granite countertops and stainless steel appliances. Thereâs also a good-sized bedroom and one bath on the first level. Letâs not forget the upper level of this unit, which has three more bedrooms and a hall bath. Thereâs also Central Air in this unit! The utilities are all separated except water. Newer 100 Amp Electric Panels (200 AMP Main). A separate entrance leads to an unfinished basement with washers and dryers for each unit. Both units can rent for upwards of 3k monthly, collectively. Simply put, itâs an opportunity you don't want to miss!!
**Location, location, location! This is a rare opportunity to own a unique space very close to the Legendary Italian Market on the nicest street in South Philadelphia. Large quadruplex with over 6,600 sq ft plus outdoor space . Currently being utilized as 4 apartments, ground level is a large studio currently being used for storage by the owner, second floor is a huge open loft space which use to be a ballroom, make your way up the gorgeous woodwork along the hallways up the the third floor which has a nice studio and bonus room across the hall, lastly is a nice sized one bedroom with exposed brick. Separate utilities and excellent rental income potential. Current rents are under market value and owner occupies the ground level of the space for personal use. The possibilities are endless with this unique property. Beautiful hardwood floors through, gorgeous woodwork in stairways, high ceilings throughout the units. The three rental units that are occupied are nicely renovated.**. Seller is selling this property with the attached property 721 Carpenter St. for a total of $2 million.
Location, location, location! This is a rare opportunity to own a unique space very close to the Legendary Italian Market on the nicest street in South Philadelphia. Large triplex with outdoor space and hardwood floors throughout. . Currently being utilized as 3 apartments- on the ground level is a 2 bedroom apartment, second floor is another spacious 2 bedroom with access to second floor deck, on the third floor is a huge one bedroom apartment with 15ft + ceilings, exposed wood beams and oversized windows currently being used as an art studio by the owner. Separate utilities and potential for excellent rental income . Current rents are under market value and owner occupies majority of the space for personal use. The possibilities are endless with this unique property. Beautiful hardwood floors through, high ceilings throughout the units. Seller is selling this property with the attached property 723-725 Carpenter St. for a total of $2 million.
The median home value in Philadelphia, PA is $274,950. 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 $274,950. 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 has a population of 1,569,657. Philadelphia is less family-centric than the surrounding county with 21.17% 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 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 is 34.1 years.
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.