$340,000
Active
19 Days Online
0 Beds0 Baths2,759 SQFT
Active

1705 W Erie Avenue Philadelphia, PA 19140

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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 $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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyPhiladelphia
  • Taxes$1,863
  • HOA/Condo/Coop Fees$0
  • Days on Site19 Days
  • MLS StatusActive
  • MLS ID NumberPAPH2350680
  • Home Size Source Estimated
  • Year Built1929
  • Lot Size0.04 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Side-by- Side
  • Parking On Street
  • Sewer Public Sewer
  • Acreage 0.04
  • Water Public
  • Property Sub Type Quadruplex
  • Attached Garage No
  • Utilities Natural Gas AvailableSewer AvailableWater Available
  • Foundation BlockConcrete PerimeterStone
  • Zoning RM1

Interior Features

  • Cooling Window Unit(s)Electric
  • Heating Baseboard - ElectricBaseboard - Hot WaterElectric
  • Flooring Laminate PlankLaminatedCarpetWood
  • Fireplace No

Exterior Features

  • Roof Asbestos ShingleFlat
  • Spa No
  • Waterfront Property No

Community Features

  • MLS Area 19140 (19140)

Schools

School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$1,813
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