2,759 SqFt
2,759 SqFt
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,759 sqft
Price per Sqft $108
MLS Listing ID PAPH2468748
Style Side-by-Side
Abv Grd Liv Area 2,759
Originating Board BRIGHT
Year Built 1929
Annual Tax Amount $1,863
Tax Year 2022
Lot Size 1,566 Sqft
Acres 0.04
Property Sub-Type End of Row/Townhouse
Property Description
Discover an exciting investment opportunity in the bustling real estate market of Philadelphia. Presenting 1705 W Erie Ave, a strategically located 5-unit property with tremendous potential. Priced at just $300,000, this property is a golden ticket for investors looking for steady income and future growth.
Key Features:
1. Diverse Rental Units: This property boasts a diverse rental portfolio, including two two-bedroom units, two comfortable one-bedroom units, and one efficient studio unit. Such diversity ensures a wide tenant base, increasing rental stability.
2. Current Occupancy: 4 out of the 5 units are currently rented.
3. Prime Location: Situated in the dynamic 19140 area, tenants enjoy easy access to essential amenities, public transportation, and the city's thriving cultural scene.
4. Income Potential: With both current and potential rental income, this property offers a solid return on investment and the ability to increase cash flow over time.
5. Affordable Entry: Priced attractively at $300,000, this property is a cost-effective way to enter or expand your real estate investment portfolio.
Seize this opportunity to add a fantastic income-generating property to your investment portfolio. Schedule a viewing today to explore 1705 W Erie Ave's potential further. Contact us for more information and to discuss how this property aligns with your investment goals.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning RM1
Interior
Hot Water Electric
Heating Baseboard - Electric, Baseboard - Hot Water
Cooling Window Unit(s)
Flooring Laminate Plank, Laminated, Carpet, Wood
Fireplace N
Heat Source Electric
Exterior
Utilities Available Natural Gas Available, Sewer Available, Water Available, Electric Available
Water Access N
Roof Type Asbestos Shingle,Flat
Accessibility None
Garage N
Building
Foundation Block, Concrete Perimeter, Stone
Sewer Public Sewer
Water Public
Architectural Style Side-by-Side
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881298920
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, Seller Financing
Listing Terms Cash, Conventional, Seller Financing
Financing Cash,Conventional,Seller Financing
Special Listing Condition Standard
Virtual Tour https://youtu.be/iVa7zjKc1_8
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