About 1705 W Erie Ave
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: 3 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.
Features of 1705 W Erie Ave
| MLS® # | PAPH2350680 |
|---|---|
| Price | $340,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,759 |
| Acres | 0.04 |
| Year Built | 1929 |
| Type | Multi-Family |
| Sub-Type | Quad, End of Row/Townhouse |
| Style | Side-by-Side |
| Status | Active |
Community Information
| Address | 1705 W Erie Ave |
|---|---|
| Area | 19140 |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Zip Code | 19140 |
| Senior Community | N |
Amenities
| Utilities | Natural Gas Available, Sewer Available, Water Available, Electric Available |
|---|---|
| Parking Type | On Street |
| Is Waterfront | No |
| Pool Type | No Pool |
Interior
| Heating | Baseboard - Electric, Baseboard - Hot Water |
|---|---|
| Cooling | Window Unit(s) |
| Fireplace | No |
| Has Basement | No |
| Central Air | N |
Exterior
| Style | Side-by-Side |
|---|---|
| Roof | Asbestos Shingle, Flat |
| New Construction | N |
| Foundation | Block, Concrete Perimeter, Stone |
School Information
| District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
Additional Information
| Date Listed | May 3rd, 2024 |
|---|---|
| Days on Market | 130 |
| Zoning | RM1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Del Val Realty & Property Management |
|---|---|
| Contact Info | (484) 328-3282 |