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.
PAPH2350680
Fourplex, Multi-Family, Other
4
PHILADELPHIA
1929
0.04
Acres
Public
Public Sewer
2,759
Sq. Ft.
5
Natural Gas Available
School Information
THE SCHOOL DISTRICT OF PHILADELPHIA
Interior Features
- Appliances
- Electric Water Heater
- Flooring
- Laminate, Carpet, Wood
- Cooling
- Window Unit(s)
- Heating
- Electric Heating. Baseboard, Hot Water.
Exterior / Lot Features
- Parking
- On Street.
- Roof
- Shingle, Shingle - Asbestos
Financial Considerations
881298920
$1,863
Loading...