Don’t Miss This Opportunity in Northeast Philadelphia!This property isn’t just a triplex—it’s effectively a quadruplex offering strong rental income potential!Located just off Rhawn Street, the main building features three fully rented units on a month-to-month basis with long-term tenantsTop Floor: Efficiency unitSecond Floor: 2-bedroom unitMain Floor: 3-bedroom unitThere’s also a basement for additional storage, ideal for tenants or the owner.In the rear, you’ll find a large detached gated garage with a decent sized lot, accessible via the alleyway. It’s currently rented out as a storage unit and includes a half bath—offering even more income potential.If you’re looking for a solid investment in NE Philadelphia, this could be the opportunity you’ve been waiting for! Schedule your showing today.Property Breakdown – $5,1500/Month Total Rent Roll• Top Floor: Efficiency one-bedroom unit currently rented for $1,050/month on a month-to-month lease.• Second Floor: Two-bedroom unit generating $1,300/month, also on a month-to-month lease.• Ground Floor: Three-bedroom unit rented at $1,400/month with no long-term lease in place.• Rear Unit: Currently used as a storage space (still zoned residential) bringing in $1,400/month.Total Monthly Income: $5,100All units have separate gas lines and utilities, which simplifies management and tenant billing, water bill paid by owner.For questions, to request full rent roll details or to schedule a showing, feel free to reach out anytime.
Listed by:
Opus Elite Real Estate
Source:
BRIGHT MLS
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| Nov 20, 2025 | 15 days ago | Price decreased50,000 (9%) | $500,000 |
| Nov 8, 2025 | 27 days ago | Price decreased25,000 (4%) | $550,000 |
| Oct 23, 2025 | 1 mo ago | Price decreased25,000 (4%) | $575,000 |
| Sep 15, 2025 | 3 mos ago | Price decreased25,000 (4%) | $600,000 |
| Sep 8, 2025 | 3 mos ago | Price decreased14,000 (2%) | $625,000 |
| Aug 23, 2025 | 3 mos ago | Price decreased11,000 (2%) | $639,000 |
| Aug 12, 2025 | 4 mos ago | Price decreased25,000 (4%) | $650,000 |
| Jul 30, 2025 | 4 mos ago | Price decreased25,000 (4%) | $675,000 |
| Jul 19, 2025 | 5 mos ago | New on market | $700,000 |