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!
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!
***Real estate taxes are in the process of being reassessed*** Here's an opportunity to be an owner occupant with special no-money-down mortgage programs. Ask me for more info. Building consists of 4 units as follows: First floor - 2 BR, 1 BA with living room and kitchen. Second floor - Two large studio apartments, each with full bath and kitchen. Third floor - 2 BR, 1 BA with living room and kitchen. Unfinished basement has full bath and entrance from rear. Can possibly be converted to 5th unit with proper zoning approval. Very convenient location for Temple employees and students. Close to public transportation and located just half a block to the Broad Street line, Allegheny stop. Projected total rent approximately $3,000 per month with current leases which could be increased by new owner to be in line with current fair market rents. Owner is a PA licensed real estate agent.
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. This is truly a turn-key investment. There are three-2 bedrooms apartments. This home is a great opportunity for anyone looking for an investment 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.
student housing 3 units: unit basement: studio $745 occupied. Unit A: 3 bed 3 bath : bivel,1 st fl: 2 bed 2 bath and kitchen and yard,spiral stair leading to 2 bd fl bedroom with bath,for rent,$1650 UNit B : bilevel 4 bed 3 bath : 2 nd fl: kitchen/living room,1 bed 1 bath,3rd fl: 3 bed 2 bath,rear 2 bedrooms has jack and jill bath. for rent $2000. Basement: laundry . This property is 5 minutes walk to temple main campus.great student housing for years.
Italian market area, Investment property store front and two family dwelling. First floor used as an office. Travel agency. All separate utilities, Second floor large apartment one bedroom, modern bath and kitchen. Third floor one bedroom, modern bath and kitchen.
Check out this 4 unit building . 1- 2 bd unit 1- 1 bed unit and 2 studios. This is legally considered a 2 unit but can easily be converted legally to a 3 unit. Please note that all L&I violations have been taken care of. This is fully occupied and leases will be given upon request. Please reach out if you have any questions.
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**
DON'T MISS OUT! A staple in the community, Anna's Place has been serving the community for over 15 years! The owners are both retiring and are now passing to torch to someone who would possibly like to continue making breakfast for the neighborhood or of course you can start with your own fresh ideas. Situated in a bustling area with high foot traffic (and just few steps from Temple University Hospital) and surrounded by both residential and commercial establishments, this breakfast restaurant enjoys unparalleled visibility and accessibility. This property is being sold AS-IS. Seize this golden opportunity to own a beloved breakfast restaurant in a prime location. Act fast, as opportunities like this are highly sought-after. Highlights: ð¸ Established Reputation: A staple in the community, known for delicious breakfast platters. ð¸ Strategic Location: In the heart of a thriving business district and just footsteps from Temple University Hospital ð¸ Growth Potential: Opportunity to re-offer sit down dining which was extremely busy on weekends Top two floors: 2nd floor has been renovated as a 1-bedroom apartment. 3rd floor needs to be completely rehabbed. ***Showings must be between 7am - 5pm
This property is now back on the market! The exterior facade has been newly renovated. Look at this investment property in the heart of the East Falls neighborhood of Philadelphia, PA! This newly remodeled 4 apartment PLUS commercial space building is ready for a new owner. Seller says âLetâs make a dealâ on this gem situated on the busy corridor of Ridge Avenue. Tenants have started to move in and we expect the rest of the units to soon be leased out. This property is located across the street from Fairmount Parkâs walking/biking loop and within a 10-minute walk to Jefferson University. Having shops, restaurants, and public transportation a stoneâs throw away, makes this property an ideal location for renters! Please contact me for more details! Call or Text anytime!
Don't miss the opportunity to own this muti unit/incoming producing property. This is a Single Property with large rear yard. and front porch. Many of the units have been rehabbed are in nice condition. 6 Unit building. Owner is paying the water bill, tenants are paying their electric and gas. Seperate water heaters for each unit. Heat is electric baseboard and individually controlled. 3 -efficiencies 3 -1 bedroom units. 1 F-efficiency Renovated vacant rehabbed $900 1R- 1 bedroom $990 1B- Super/ Maint. Guy $500 - very large efficiency 2F efficiency $1150 2R-1 Bedroom $995 3rd Floor 1 Bedroom (renovated) $1150 vacant Taxes $3653 Water approximately $1650 Everyone is current. Showings require proof of funds prior to scheduling.
Step inside this lovely Brewerytown duplex at 2439 W Oxford St! This home features two (2) 3 bedroom, 2 bathroom units in one of Philly's most desirable neighborhoods with time left on the tax abatement, making it an unmissable investment opportunity to add to your rental portfolio! Both bi-level units are similarly spacious, offering bright natural light throughout the open layout. Their open floor plans open up to a living/dining room area that leads into a gorgeous kitchen that boasts stainless steel appliances, tile backsplash, granite countertops and tons of cabinetry for ample storage space. Each unit also has their own unique outdoor space so each occupant can make their own outdoor oasis in the middle of the city; unit one has a very large private backyard with plenty of room for entertaining or enjoying a quiet evening outside, while unit two has access to its own, spacious roofdeck! Brewerytown is known for its large array of accessible shops, restaurants, and entertainment options and is a quick ride on public transit away from more attractions in Center City. Schedule your showing today!
FANTASTIC OPPORTUNITY to own your own investment property. PRICE REDUCED !!! Lg Brownstone Triplex in the heart of FISHTOWN. 1st Fl. - lg living room with high ceiling & attractive hardwood floor, non-working fireplace, kitchen , 3 piece bathroom, 2 rms with beautiful hardwood floors & extra rear room leading to the basement & small yard. 2nd Fl - Living rm , kitchen, bathroom, 2 bedrooms 3rd Fl. - Living room with a beautiful hardwood floor, one (1) bedroom with attractive hardwood floor, 3 piece bathroom, kitchen. Basement - full length of of property with three (3) gas heaters, (3) hot water boilers. Property also has a fire alarm system. Currently the 2nd Floor Unit is rented for $1,225 per month.. The 1st & 3rd floor units are vacant. The property is in the heart of Fishtown with an abundance of new development, convenient to shopping & transportation, the night life attractions in Fishtown, Northern Liberties, Delaware River Waterfront, Port Richmond & Center City Phila. Here is an opportunity for an investment or live in one unit and gain income from the other two units. Property is being sold in "AS IS" condition.
Now offering 917 N 15th Street, a tastefully designed newer construction triplex in booming Francisville! Completed in mid 2022, this property comes with a successful rental history and the remaining majority of the approved 10-Year Tax Abatement. Located in the heart of the Francisville neighborhood, in the midst of a complete renaissance, this triplex will continue to appreciate along with the neighborhood around it. It is feet from transformative projects under construction on Broad St and Girard Ave that will have major impacts on the surrounding area. The building is made up of three modern two-bedroom units, all completed with a variety of designer tile, flooring and cabinet finishes. Natural light floods this corner property from an abundance of windows throughout. Uniquely, each unit also has its own own private outdoor space. Perfectly situated steps away from the Broad St Line providing easy access to Center City, and just around the corner from the flourishing restaurant and retail scenes on Broad St and Fairmount Ave. Don't miss out on an opportunity to add this income producing property to your personal portfolio. Schedule an appointment today.
this newly refurbished Zoned 5 Unit apartment building on beautiful Passyunk Square The units consist of updated white cabinets durable linoleum floors white subway tile bathrooms. two units first floor, two units second floor, one unit on 3rd floor finished basement with utility room and separate laundry room. the property is visible to passyunk fountain and black and brew coffee house. Excellent walking location to restaurants, Bars and coffee houses . This five unit is priced to sell come and check it out!!!!
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**
Investors and Buyers Alert- incredible opportunity to purchase this fully occupied duplex near Temple University with plenty of room to increase rents. Unit 1 is on the ground floor and features 2 beds, and 1 bath. The kitchen is spacious and offers a gas range. This unit also has access to the basement for storage and laundry and a cozy backyard. Leased through July 31/2025 Unit 2 is bi-level and offers 3 beds and 1 1/2 baths. Leased through July 31, 2025. Schedule your showing today.
Discover the epitome of urban living at 1845-47 N 6th Street, Olde Kensington's Crown Jewel! This newly constructed 9-unit haven offers a mix of bi-level 2BR/2BA, single-floor 2BR/2BA, and 1BR/1BA units, nestled in the thriving 19122 zip code. Indulge your culinary passions in open-concept kitchens featuring stainless steel appliances, quartz countertops, and sleek cabinets. In-unit washer/dryer adds convenience, and with years left on tax abatement, this property ensures both modern elegance and is a strategic investment. Enjoy hardwood floors, abundant sunlight, and modern amenities in each unit. From surround sound to smart thermostats and security systems, luxury is woven into every detail. Whether you're a homeowner seeking low-maintenance living or an investor eyeing a golden opportunity, this property in the heart of Old Kensington is your answer. Step outside to explore trendy bars, restaurants, and shops. Proximity to hotspots like Human Robot, Billy Penn Studios, Sor Ynez, and more ensures every day brings new adventures. Don't miss out on this chance to make Olde Kensington's Crown Jewel your urban sanctuary. Elevate your lifestyle in a place where luxury meets convenience!
5 unit walkup centrally located on 47th St between Kinsessing Ave and Woodland Ave, easy access to all forms of public transportation the property needs some tender loving care and all reasonable offers will be reviewed. The owner has the adjacent land parcel listed for sale and can accomodate new construction single family or multifamily development.
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.