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.
Property Type
Multi-FamilyCounty
PHILADELPHIAStyle
Side-by-SideAD ID
49291610
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Roof : Asbestos Shingle,Flat
Roofing Information
- Asbestos Shingle,Flat
Heating & Cooling
- Cooling: Window Unit(s)
- Heating: Baseboard - Electric,Baseboard - Hot Water
- Cooling Fuel: Electric
- Heating Fuel: Electric
-
Exterior Features
Building Information
- Year Built: 1929
- Structure: End of Row/Townhouse
- New Construction: No
- Total Units: 4
- Built: 1929
- Construction Material: Masonry
- Roof: Asbestos Shingle,Flat
- Foundation/Basement: Block,Concrete Perimeter,Stone
- Architecture: Side-by-Side
- Pool/Private: No Pool
- Roof Type: Asbestos Shingle,Flat
Exterior Features
- Utilities: Natural Gas Available,Sewer Available,Water Available,Electric Available
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 1,566
- Lot Size (Acres): 0.04
- Architectural Style: Side-by-Side
- Main Square Feet: 1,566
Property Information
- SQ ft: 2,759
- SQ ft (Living Area): 2,759
- Total Lot SQ ft: 1,566
- Financing: Cash,Conventional,Seller Financing
- Total Acreage: 0.04
- New Construction: No
- Type: Side-by-Side
-
Listing Information
Listing Information
- Possession: Negotiable,0-30 Days CD,Immediate
- Days Of Market: 2
-
Taxes / Assessments
Tax Information
- Annual Tax: $1,863
- Tax Year: 2022
- Total Taxes Payment Frequency: Annually
Possession
- Negotiable,0-30 Days CD,Immediate
Assessment Information
- Taxes Assessment Amount: $133,100
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Multi-Unit Information
- Acceptable Financing: Cash,Conventional,Seller Financing
- Roof: Asbestos Shingle,Flat
Homeowners Association Information
- Direction: Right on the corner lot
-
School, Utilities & Location Details
School Information
- School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Utility Information
- Natural Gas Available,Sewer Available,Water Available,Electric Available
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Electric
- Hot Water: Electric
Location Information
- Direction: Right on the corner lot
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BuyOwner last updated this listing 04/18/2025 @ 21:11
- MLS: PAPH2468748
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 1,566 sized lot, and 0 parking. are nearby neighborhoods.