REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Mike Coleman • Keller Williams Realty Devon-Wayne
$ 299,900
Est. payment | /mo
1,307 Sqft Lot
$ 299,900
Est. payment | /mo
1,307 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2632744
Year Built 1915
Annual Tax Amount $5,581
Tax Year 2026
Lot Size 1,307 Sqft
Acres 0.03
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2026, this exceptional triplex offers immediate cash flow.
Currently generating $2,950 per month ($35,400 gross annual income), this income-producing property is an outstanding opportunity for investors seeking stable returns and long-term growth. The building consists of three residential units currently rented at:
Unit 1: $1,050/month - First floor and basement 3 bed 3 bath
Unit 2: $950/month - Second floor 2 bed 1 bath
Unit 3: $950/month - 3rd floor 2 bed 1 bath
Building just experienced a 7% increase in rental income from the 25/26 to the 26/27 leasing cycle.
Located just minutes from Temple University, public transportation, restaurants, and neighborhood amenities, this property sits in a high-demand rental market with a proven history of strong occupancy. For investors seeking dependable income, this asset checks all the boxes.
Offering an 8%+ cap rate, this is the type of opportunity savvy investors search for but rarely find. With stable income already in place, strong rental demand, and attractive returns from day one, this property delivers the combination of cash flow and value that is becoming increasingly difficult to find in today's market.
This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578 and PAPH2631596
Currently generating $2,950 per month ($35,400 gross annual income), this income-producing property is an outstanding opportunity for investors seeking stable returns and long-term growth. The building consists of three residential units currently rented at:
Unit 1: $1,050/month - First floor and basement 3 bed 3 bath
Unit 2: $950/month - Second floor 2 bed 1 bath
Unit 3: $950/month - 3rd floor 2 bed 1 bath
Building just experienced a 7% increase in rental income from the 25/26 to the 26/27 leasing cycle.
Located just minutes from Temple University, public transportation, restaurants, and neighborhood amenities, this property sits in a high-demand rental market with a proven history of strong occupancy. For investors seeking dependable income, this asset checks all the boxes.
Offering an 8%+ cap rate, this is the type of opportunity savvy investors search for but rarely find. With stable income already in place, strong rental demand, and attractive returns from day one, this property delivers the combination of cash flow and value that is becoming increasingly difficult to find in today's market.
This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578 and PAPH2631596
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water 60+ Gallon Tank
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Septic
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 321148305
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "