Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional triplex offers immediate cash flow and strong long-term upside.
The property is currently generating $51,300 in annual gross rental income, with meaningful upside on Unit 1 upon lease turnover — this income-producing asset is an outstanding opportunity for investors seeking a stable base of cash flow plus a clear path to increased returns.
Completely gutted and renovated in 2015, the property benefits from modern infrastructure and finishes. The 1:1 bedroom-to-bathroom ratio aligns with current student housing demand trends, helping to ensure future rentability and maintain competitive occupancy levels.
Unit 1: 5 Bed / 5.5 Bath — Currently rented at $1,350/month (historically rented at $2,600/month — significant upside potential upon lease renewal)
Unit 2: 3 Bed / 3 Bath — Rented at $1,350/month
Unit 3: 3 Bed / 3 Bath — Rented at $1,575/month
This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2665118, PAPH2665128, PAPH2665158, PAPH2665168, PAPH2665172, PAPH2665174, PAPH2665178, PAPH2665182, PAPH2665180, PAPH2665184, PAPH2665188, PAPH2665192, PAPH2665196, PAPH2665198 and PAPH2665206
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Listing Snapshot
Price
$556,000
Days On Site
34 Days
Bedrooms
6
Inside Area (SqFt)
4,128 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.04 Acres
Year Built
2015
MLS® Number
PAPH2665128
Status
Active
Property Tax
$7,550
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
2 weeks ago
Listing updated with changes from the MLS®
a month ago
Listing first seen on site
General Features
Acres
0.04
Foundation
Brick/Mortar
Parking
On Street
Property Condition
New Construction
Property Sub Type
Triplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
4128
SqFt Total
4128
Style
Traditional
Water Source
Public
Zoning
RM1
Interior Features
Cooling
Central AirElectric
Heating
ElectricHeat Pump
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Exterior Features
Pool Features
None
Community Features
MLS Area
19121 (19121)
School District
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of BHHS Fox & Roach-Center City Walnut