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1705 W Erie Avenue

PHILADELPHIA, PA 19140
  • $340,000
  • STATUS: Active
  • ON SITE: 48 Days
  • ID#: PAPH2350680
UPDATED: 81 min ago
$340,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,759
    SQFT
  • $123
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1929
County:

School Ratings & Info

Description

Investor's Dream: 5-Unit Property in Philadelphia - 1705 W Erie Ave, 19140Discover 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 $340,000, 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: 2 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 $340,000, 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.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Broc Schmelyun Team | RE/MAX. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-06-21T08:55:38.417.
www.soldbybroc.com/homes/150185900
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1705 W Erie Avenue PHILADELPHIA, PA 19140

  • Price: $340,000
  • Status: Active
  • On Site: 48 Days
  • Updated: 81 min ago
  • ID#: PAPH2350680
0
Beds
0
Baths
0
½ Baths
0.04
Acres
2,759
SQFT
$123
$/SQFT
1929
Built
Neighborhood:
19140 (19140)
County:
Philadelphia
Area:
19140 (19140)
School District:
The School District Of Philadelphia
Property Description
Investor's Dream: 5-Unit Property in Philadelphia - 1705 W Erie Ave, 19140Discover 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 $340,000, 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: 2 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 $340,000, 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.
Exterior Features

Architectural Style Side-by-Side Construction Materials Masonry Garage YN No Parking Types On Street Pool No Pool Roof Asbestos ShingleFlat Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2759 Cooling Window Unit(s) Fireplace YN No Flooring Laminate PlankLaminatedCarpetWood Heating Baseboard - ElectricBaseboard - Hot Water Heating YN Yes Rooms Total 5 Single Room Units 1 Spa YN No Three Bedroom Units 0 Two Bedroom Units 2

Property Features

Acceptable Financing CashConventionalSeller Financing Accessibility Features None Central Air YN No Cooling Fuel Electric Foundation Details BlockConcrete PerimeterStone Heating Fuel Electric Historic YN No Hot Water Electric Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 4 Original MLSNumber 803043092588 Ownership Interest Fee Simple Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type End of Row/Townhouse Tax Annual Amount 1863.00 Tax Lot 96 Utilities Natural Gas AvailableSewer AvailableWater AvailableElectric Available Vacation Rental YN No Water Source Public Zoning RM1

Listing courtesy of Del Val Realty & Property Management: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Broc Schmelyun Team | RE/MAX. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-06-21T08:55:38.417.
 
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Hanover PA, 17331