1705 West Erie Avenue
1705 West Erie Avenue
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Description
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
Location
Property Details for 1705 West Erie Avenue
| Status | Active |
|---|---|
| MLS # | PAPH2350680 |
| Days on Market | 16 |
| 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
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Building Information for 1705 West Erie Avenue
Payment Calculator
$2,011 per month
30 year fixed, 7.25% Interest
$1,856
$155
$0
Property Information for 1705 West Erie Avenue
- School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
- School District County ID: 300200397108
- SchoolDistrictSource: Listing Agent
- County: PHILADELPHIA
- MLS Area: 19140 (19140)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Association Recreation Fee Y/N: No
- Tax Year: 2022
- Tax Assessed Value: $133,100
- Year Assessed: 2022
- County Tax: $0
- Improvement Assessed Value: $93,170
- City Town Tax: $840
- Land Assessed Value: $39,930
- Clean Green Assessed: No
- Land Use Code: CA0
- Historic: No
- Zoning: RM1
- Tax Lot: 96
- School Tax: $1,022
- Automatically Update Tax Values Y/N: No
- Single Room Units Count: 1
- One Bedroom Units Count: 2
- Two Bedroom Units Count: 2
- Three Bedroom Units Count: 0
- Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
- Units Leased Count: 2
- Number Of Units Month To Month: 1
- Type: Unit 4
- Unit Type Occupied YN: No
- Beds Total: 2
- Type: Unit 1
- Unit Type Occupied YN: No
- Beds Total: 0
- Half Baths Count: 0
- Full Baths Count: 1
- Total Rooms: 1
- Type: Unit 5
- Beds Total: 2
- Full Baths Count: 1
- Type: Unit 3
- Unit Type Occupied YN: No
- Beds Total: 1
- Full Baths Count: 1
- Type: Unit 2
- Beds Total: 1
- Full Baths Count: 1
- Building Units Total: 4
- Total Finished SQFT: 2,759.00
- Total Finished SQFT Source: Estimated
- Total SQFT: 2,759.00
- Total SQFT Source: Estimated
- Construction Materials: Masonry
- Roof: Asbestos Shingle, Flat
- Flooring Type: Laminate Plank, Laminated, Carpet, Wood
- Foundation Details: Block, Concrete Perimeter, Stone
- Lot Size Source: Estimated
- Parcel ID: 953550
- Type Of Parking: On Street
- Fireplace: No
- Accessibility Features: None
- Virtual Tour URL Unbranded: https://youtu.be/iVa7zjKc1_8
- Spa: No
- Pool: No Pool
- Other Structures: Above Grade
- Utilities: Natural Gas Available, Sewer Available, Water Available, Electric Available
- Heating: Yes
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric, Baseboard - Hot Water
- Heating Fuel: Electric
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: Bucks County Association of REALTORS
Property History for 1705 West Erie Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| 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
Schools near 1705 West Erie Avenue
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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Listing Courtesy of Del Val Realty & Property Management
Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.