1705 West Erie Avenue
1705 West Erie Avenue
$340,000
6
4
2,759
2,759
$123
Virtual Tour
Description
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,...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.
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,...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.
- Listed by Sincere Kamara • Del Val Realty & Property ManagementP: 6095334677 sincerekamara@gmail.com
Property Details for 1705 West Erie Avenue
Tax ID Number
881298920
OwnershipFee Simple
Structure TypeEnd of Row/Townhouse
StyleSide-by-Side
WaterfrontNo
GarageNo
MunicipalityPHILADELPHIA
Central AirNo
Location
LISTING UPDATED: 05/03/2024 02:23 PM
Property Details for 1705 West Erie Avenue
Status | Active |
---|---|
MLS # | PAPH2350680 |
Days on Market | 41 |
Taxes | $1,863 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1929 |
Lot Size | 0.04 AC / 1,566 SF |
County | Philadelphia County |
Location
Virtual Tour
Building Information for 1705 West Erie Avenue
Stories-Residences4Year Built1929Building Size-Lot Size0.04 AC / 1,566 SF
Payment Calculator
$2,011 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1705 West Erie Avenue
Property History for 1705 West Erie Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1705 West Erie Avenue
Taxable ValueLand$111,420Additions$259,980Total$371,400
Tax Record2023$5,199 ($433 / month)
Home Facts
Total Finished SqFt2,759 SqFtAbove Grade Finished SqFt2,759 SqFtStories3Lot Size1,566 SqFtStyleMulti-Family Res (5+ Units)Year Built1930ZoningRM1CountyPHILADELPHIAAPN88-1-2989-20
Schools near 1705 West Erie Avenue
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
MASTERY CS - CLEVELAND ELEMENT CharterK to 8 | ||
Dobbins Avt High School Public9 to 12 | ||
Kenderton Elementary School PublicK to 8 | ||
Randolph A. Philip Avt High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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