$300,000
 $1,610 est/mo Sourced by Back At You

1705 W Erie Ave,PHILADELPHIA, PA 19140

PHILADELPHIA, PA 19140

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Description

Investor's Dream: 5-Unit Property in Philadelphia - 1705 W Erie Ave, 19140 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.

Details

MLS#PAPH2468748
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive-bright
Year1929
Days On Site19
Listing Provided ByDel Val Realty & Property Management | Sincere Kamara

Features

SQ Feet2,759
Units4
ZoningRM1
Acreage0.04
Water FrontYes

Market Activity 19140

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Listings Checked: 3 minutes ago
StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19140
Area19140 (19140)
School DistrictTHE SCHOOL DISTRICT OF PHILADELP
Listing VS Median (in 19140)
Price:
$300,000
low | high
Med:
$121,250
100% of Average
SqFt:
2,759
low | high
Med:
1,119
100% of Average
$ / SqFt:
$109
low | high
Med:
$108
50.35071441122% of Average
On site:
19
low | high
Med:
97
19.587628865979% of Average
Sourced by Back At You
Listing Updated: April 10, 2025 at 3:00:29 PM PDT