Turnkey Section 8 Investment Opportunity | 62 N Farson Street, Philadelphia, PA 19139
Excellent opportunity to acquire a fully occupied, income-producing investment property in the heart of West Philadelphia. This 3-bedroom, 1.5-bathroom row home is currently rented through the Section 8 Housing Choice Voucher Program for $1,800 per month, providing dependable cash flow and strong rental demand.
The property features a functional layout with three spacious bedrooms, one full bathroom, a convenient half bath, and comfortable living areas designed to attract and retain long-term tenants. With an established tenant already in place, investors can benefit from immediate income generation and avoid the costs and uncertainty associated with vacancy and lease-up.
Strategically located in the Haddington neighborhood of West Philadelphia, the property offers convenient access to public transportation, major roadways, shopping, schools, and employment centers. Its proximity to Center City, University City, and numerous redevelopment projects throughout West Philadelphia continues to support strong rental demand and long-term investment potential.
Property Highlights:
• 3 Bedrooms, 1.5 Bathrooms
• Tenant Occupied
• Section 8 Rental Property
• Current Rent: $1,800 Per Month
• Annual Gross Income: $21,600
• Immediate Cash Flow
• Strong West Philadelphia Rental Market
• Convenient Access to SEPTA, Market Street, and Major Transportation Routes
• Ideal Turnkey Investment Opportunity
Whether you're adding to an established portfolio or seeking your first investment property, 62 N Farson Street offers stable income, reliable tenancy, and long-term appreciation potential in one of Philadelphia's most active rental markets.
Contact listing agent for lease information, financial details, and showing instructions.
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Listing Snapshot
Price
$155,000
Days On Site
94 Days
Bedrooms
3
Inside Area (SqFt)
1,248 sqft
Total Baths
2
Full Baths
1
Partial Baths
1
Lot Size
0.02 Acres
Year Built
1925
MLS® Number
PAPH2640522
Status
Active
Property Tax
$1,534
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
a month ago
Price changed to $155,000
a month ago
Listing updated with changes from the MLS®
3 months ago
Listing first seen on site
General Features
Acres
0.02
Foundation
Stone
Levels
Two
Parking
On Street
Property Sub Type
Townhouse
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1248
SqFt Total
1248
Style
Other
Water Source
Public
Zoning
RSA5
Interior Features
Appliances
Gas Water Heater
Basement
Partially Finished
Heating
Natural GasForced Air
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Exterior Features
Pool Features
None
Community Features
MLS Area
19139 (19139)
School District
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Premier Property Management & Realty LLC
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