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1705 W Erie Avenue,  Philadelphia PA, 19140

(Active)
$340,000
|
4 beds, 2,759 sqft
|
MLS# PAPH2350680
Last Updated: 5/18/2024 9:19 AM
Description for 1705 W Erie Avenue Philadelphia, PA 19140
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.
Price
$340,000
PHILADELPHIA
4
2,759 (approx)
PAPH2350680
Active
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.
Listing Information
Property Type: Fourplex, Multi-Family, Other
4 5 0.04 Acres
2,759 (approx) 1929
Public
Public Sewer
Natural Gas Available
Neighborhood
School Information
District: THE SCHOOL DISTRICT OF PHILADELPHIA
Room Information
Interior Features
Electric Water Heater
Laminate, Carpet, Wood
Window Unit(s)
Electric Heating, Baseboard, Hot Water
Exterior / Lot Features
On Street
Shingle, Shingle - Asbestos
Driving Directions
Right on the corner lot
Financial Considerations
881298920
$1,863
Listing Price History

Philadelphia Real Estate

Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19140 has a population of 1,615,184.

The median household income in Philadelphia, Pennsylvania 19140 is $26,266. The median household income for the surrounding county is $50,724 compared to the national median of $66,222. The median age of people living in Philadelphia 19140 is 37 years.

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Courtesy: Del Val Realty & Property Management
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/18/2024 9:19 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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