3418 North 19Th Street Philadelphia, PA 19140

$115,000
6
Beds
3
Baths
0.09
Acres
3,261
SQFT
35
$/SQFT
$115,000
6
Beds
3
Baths
3,261   sf
$35 / sf
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Investment Opportunity in North Philadelphia – Triplex with Tremendous Potential! ARV'S $260,000-$349,000Unlock the potential of this 3-story, semi-detached triplex in the heart of North Philadelphia. With three spacious residential units totaling over 3,261 square feet of above-ground living space, this property offers a rare chance to secure a versatile investment at an affordable entry point. Built in 1925, this masonry exterior property combines historic charm with the flexibility to create modern, high-demand rental units.Each of the three units boasts a functional layout ideal for a variety of tenants, whether you're catering to families, students, or professionals seeking proximity to the vibrant offerings of North Philadelphia. The building's three stories allow for separation of spaces and privacy, increasing its appeal as a multi-unit rental. Potential Cap Rate:Investors could achieve a cap rate in the 8%–12% range based on current market conditions, rental demand, and leveraging housing incentives. Major Rehab Needed.Property is Secured. Must bring Drill to access property. 24hr notice.

Investment Opportunity in North Philadelphia – Triplex with Tremendous Potential! ARV'S $260,000-$349,000Unlock the potential of this 3-story, semi-detached triplex in the heart of North Philadelphia. With three spacious residential units totaling over 3,261 square feet of above-ground living space, this property offers a rare chance to secure a versatile investment at an affordable entry point. Built in 1925, this masonry exterior property combines historic charm with the flexibility to create modern, high-demand rental units.Each of the three units boasts a functional layout ideal for a variety of tenants, whether you're catering to families, students, or professionals seeking proximity to the vibrant offerings of North Philadelphia. The building's three stories allow for separation of spaces and privacy, increasing its appeal as a multi-unit rental. Potential Cap Rate:Investors could achieve a cap rate in the 8%–12% range based on current market conditions, rental demand, and leveraging housing incentives. Major Rehab Needed.Property is Secured. Must bring Drill to access property. 24hr notice.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Philadelphia
  • Area
    19140
  • Tax Amount
    $6,885
  • Status
    Upcoming
  • Listing #
    PAPH2423396
  • Built
    1925
  • Lot Size
    0.09
  • Listed on site
    3 hours
  • Listing Agent Id
    1700002572446

Listed by:
Trinity Property Advisors

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
  • Basement

Interior Features

  • Main Floor Bedroom

Financing

  • Cash
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