1705 W Erie Avenue, Philadelphia, PA 19140 | MLS PAPH2288582 | Listing Information | Berkshire Hathaway HomeServices Fox & Roach, REALTORS | Berkshire Hathaway HomeServices Fox & Roach, REALTORS
Off Market
$340,000  

1705 W Erie Avenue
Philadelphia, PA 19140

Business Opportunities
Commercial
2,759
Sq. Ft.
0.04
Acres Lot
Courtesy: Del Val Realty & Property Management
Unlock the potential of your investment portfolio with 1705 W Erie Ave, an exceptional 5-unit property listed at $425,000. Strategically located in the heart of Philadelphia, this property offers the perfect canvas for investors seeking value and the opportunity to capitalize on sweat equity.Key Features:Versatile Unit Mix: Comprising two spacious two-bedroom units, two comfortable one-bedroom units, and one efficient studio unit, this property appeals to a broad tenant demographic, ensuring a steady stream of potential renters.Vacant Units: All units are currently vacant, providing investors with a blank slate to implement upgrades, renovations, and value-added improvements, maximizing rental potential and overall property value.Sweat Equity Potential: The property is ripe for sweat equity, allowing investors to enhance the property's appeal and value through strategic renovations and upgrades. This presents an excellent opportunity to increase rental income and property appreciation.Strategic Location: Situated in the dynamic 19140 area, the property benefits from proximity to essential amenities, public transportation, and local attractions, making it an attractive option for prospective tenants.Affordable Entry Point: Priced at $425,000, this property offers an affordable entry point for investors looking to enter or expand their real estate portfolio in the thriving Philadelphia market.
PAPH2288582
Business Opportunities, Other
PHILADELPHIA
1929
0.04 Acres
Public
Public Sewer
2,759 Sq. Ft.
5 Total
Interior Features
Appliances
Electric Water Heater
Flooring
Laminate, Carpet, Wood
Cooling
Window Unit(s)
Heating
Electric Heating. Baseboard.
Exterior / Lot Features
Parking
On Street.
Roof
Shingle, Shingle - Asbestos
Financial Considerations
881298920
$1,863
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.
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