SQUARE FEET1,980
MLS#PAPH2605496
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONKENSINGTON
SCHOOLPHILADELPHIA CITY
Property Description
Turnkey investment opportunity at 422 E Allegheny Ave! This RM1-zoned triplex is priced at just $224,999 and offers immediate cash flow with additional upside, including potential space for a 4th unit. The property features three separately metered units: a first-floor 2-bedroom, 1-bath apartment currently rented month-to-month at $950, a second-floor 2-bedroom, 1-bath apartment that is vacant and ready for a new tenant or owner-occupant, and a third-floor 1-bedroom, 1-bath apartment rented month-to-month at $700. With two units already producing income and one available for lease at market rent, this property provides flexibility and strong earning potential. Separate utilities help keep expenses down, and the possibility to add another unit makes this a prime value-add opportunity. Conveniently located in an easy-commute area with a bus stop right on the corner, this property is ideal for tenants and owners alike. Whether you're a seasoned investor or just getting started, this property is ready to sell—schedule your showing and make your offer today!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Fuel Type: Natural Gas
Heating: Hot Water
Lot Size: 0.02 Acres
Taxes: $2,642
Year Built: 1930
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Exterior: Block
Lot Dimensions: 0.02 Acre(S)
Municipality: PHILADELPHIA
One Bedroom Units: 1
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Two Bedroom Units: 2
Units: 3
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: Homestarr Realty
Agency Phone: 2153555565
Shown By
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535
First AmericanEstimate Your Payment
Estimated Payment
$ 786.54 per month $500.75 Principal & Interest $220.17 Property Tax $65.62 Homeowner's Insurance
422 E Allegheny Avenue | MLS# PAPH2605496
This multi-family property located at 422 E Allegheny Avenue, Philadelphia, PA 19134 is currently listed for sale with an asking price of $224,999. E Allegheny Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.homesale.com today.