Located in the desirable Olney section of Northeast Philadelphia, this income-producing multifamily property is a fantastic addition to any investor’s portfolio. The property currently generates strong rental income of approximately $900, $800, and $1,000 per month, offering immediate cash flow.
This well-maintained building features:
First Unit: 2 bedrooms
Second Unit: 3 bedrooms
Additional Studio Units
Each unit is equipped with separate heat and electric meters, allowing tenants to pay their own utilities and helping maximize your net return.
Conveniently situated near shopping, public transportation, schools, and major roadways, this property offers both strong rental demand and long-term appreciation potential.
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Listing Snapshot
Price
$244,000
Days On Site
18 Days
Bedrooms
4
Inside Area (SqFt)
2,112 sqft
Total Baths
3
Full Baths
3
Partial Baths
N/A
Lot Size
0.04 Acres
Year Built
1930
MLS Number
PAPH2677696
Status
Active
Property Tax
$2,904
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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