523 W VENANGO ST new to site

Philadelphia,PA 19140

$ 450000

- Bed

- Bath

2824 SqFt


Key Details

Property Type Townhouse

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,824 sqft

Price per Sqft $159

MLS Listing ID PAPH2496646

Style Back-to-Back

Year Built 1925

Annual Tax Amount $1,383

Tax Year 2024

Lot Size 2,066 Sqft

Property Sub-Type Twin/Semi-Detached

Property Description

Investor Alert! Prime Turnkey Multifamily Package in North Philadelphia – $9,300 Monthly Rental Income Two fully occupied buildings offered together for a rare income-producing opportunity in a rapidly growing area. Located at 521 & 523 W Venango Street, this investment package includes 11 total residential units + 2 garage spaces, with a current monthly rental income of $9,300 and potential upside. 521 W Venango features 6 residential units: five studio apartments and one 1-bedroom unit, all occupied and generating consistent cash flow. 523 W Venango includes 5 units: one 2-bedroom, one 1-bedroom, and one studio apartment, plus two garages—a three-car garage currently rented and a vacant one-car garage ready to lease or use for owner storage. All tenants are in place and paying rent, making this an ideal opportunity for investors seeking immediate income in a high-demand rental market. Conveniently located near major transit, Temple Health System, and local amenities. Don't miss this chance to own a stable, cash-flowing asset in North Philadelphia!

Location

State PA

County Philadelphia

Area 19140 (19140)

Zoning RSA5

Interior

Hot Water Natural Gas

Heating None

Cooling Wall Unit

Exterior

Water Access N

Building

Foundation Brick/Mortar

Sewer Public Septic

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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