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: 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.
Property Type :
Multi-Family
County :
PHILADELPHIA
Style :
Multi-Family
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ByOwner last updated this listing 05/18/2024 @ 07:24
MLS: PAPH2350680
LISTED BY: Sincere Kamara , Del Val Realty & Property Management
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
