3402 Tampa Street

PHILADELPHIA, PA 19134

  • 2 Bed(s)
  • 1.0 Bath(s)
  • 0 Sqft
  • 612
    Sqft(Lot)
$89,900

Description

Portfolio sale!!

this is a portfolio sale featuring two tenant-occupied properties being sold as-is for $180,000. both tenants are on month-to-month leases, giving the buyer flexibility to either keep the tenants for steady rental income or deliver the properties vacant at settlement. this package includes 3402 tampa st (2-bed, 1-bath, 728 sqft) and 257 e elkhart st (3-bed, 1-bath, 924 sqft). together, they generate $18,600 annually, with tenants covering all utilities. "3402 tampa st": $8,400/year, "257 e elkhart st": $10,200/year. both tenants have a reliable payment history, offering immediate cash flow with room for rent adjustments to align with market rates.

situated in the kensington-port richmond area, these properties benefit from their proximity to grocery stores, public transportation, and major highways such as i-95 and aramingo ave. the surrounding neighborhood is gaining momentum, driven by development and growth spilling over from popular areas like fishtown and northern liberties. this creates strong demand for rentals, ensuring a stable tenant pool and future appreciation potential. the homes are located within walking distance of restaurants, markets, and local shops, adding to the area’s appeal.

both properties are currently rented below market value, offering an excellent value-add opportunity for investors. options include raising rents, repositioning the properties, or enrolling in section 8 housing programs. this package provides long-term cash flow with minimal upfront effort and offers a pathway to higher returns through strategic updates. whether you’re looking to hold and rent or add value through improvements, this portfolio is a solid investment in a promising philadelphia neighborhood.

  • Property Type

    Residential

  • Subdivision

    Kensington

  • County

    PHILADELPHIA

  • Style

    Traditional

  • AD ID

    48037598

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Property Details

  • Bedroom Information

    • Total Bedrooms : 2
    • Total Bedroom (Upper): 2
    • Bedroom Upper Level 1: 2

    Bathroom Information

    • Total Baths: 1
    • Full Baths: 1

    Laundry Source

    • Laundry Type : None

    Water/Sewer

    • Water Source : Public

    Interior Features

    • Carpet,Ceiling Fan(s),Dining Area,Kitchen - Eat-In,Bathroom - Tub Shower,Wood Floors
    • Roof : Unknown
    • Basement Description: Unfinished,Full
    • Property Appliances: Water Heater,Stove,Refrigerator

    Roofing Information

    • Unknown

    Heating & Cooling

    • Cooling: Window Unit(s)
    • Heating: Baseboard - Electric
    • Cooling Fuel: Electric
    • Heating Fuel: Electric

  • Building Information

    • Year Built: 1920
    • Structure: Interior Row/Townhouse
    • Major Appliances: Water Heater,Stove,Refrigerator
    • New Construction: No
    • Built: 1920
    • Construction Material: Masonry
    • Roof: Unknown
    • Foundation/Basement: Brick/Mortar
    • Architecture: Traditional
    • Pool/Private: No Pool
    • Roof Type: Unknown

    Exterior Features

    • Utilities: Electric Available,Natural Gas Available,Water Available

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer,Public Septic

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 612
    • Dimensions: 14.00 x 43.00
    • Lot Size (Acres): 0.01
    • Architectural Style: Traditional
    • Main Square Feet: 612

    Property Information

    • SQ ft: 728
    • SQ ft (Living Area): 728
    • Total Lot SQ ft: 612
    • Subdivision: KENSINGTON
    • Financing: Cash,Conventional
    • Appx. Lot Dimensions: 14.00 x 43.00
    • Total Acreage: 0.01
    • New Construction: No
    • Type: Traditional

  • Listing Information

    • Possession: 31-60 Days CD,0-30 Days CD
    • Days Of Market: 1

    Lease Information

    • Lease Considered: No

  • Tax Information

    • Annual Tax: $692
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • 31-60 Days CD,0-30 Days CD

    Assessment Information

    • Taxes Assessment Amount: $49,500

  • Parking Information

    • Parking Type: On Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional
    • Roof: Unknown

    Homeowners Association Information

    • Direction: GPS

  • School Information

    • School District: THE SCHOOL DISTRICT OF PHILADELPHIA

    Utility Information

    • Electric Available,Natural Gas Available,Water Available
    • Water Source: Public
    • Sewer: Public Sewer,Public Septic
    • Cooling Fuel: Electric
    • Heating Fuel: Electric
    • Hot Water: Natural Gas

    Location Information

    • Direction: GPS
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BuyOwner last updated this listing 01/15/2025 @ 08:36

  • MLS: PAPH2428312
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Home, with 2 bedrooms which is for sale, it has 0 sqft, 612 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of PHILADELPHIA , in zip code 19134, this PHILADELPHIA County Home , it is in the KENSINGTON Subdivision, are nearby neighborhoods.