Investor Opportunity – 8 Unit Legally Zoned RM-1 Rooming House!!ONE SHOWING ON SUNDAY April 19th from 12-1pm. Ask your agent to accompany you or contact the listing agent to reserve your spot. Cash-flowing 8-unit rooming house with a pro forma gross income of $5,365/month (with all rooms occupied) and additional upside. Property features 3 full bathrooms (one per floor), large shared kitchen with upgraded cabinets, spacious dining room, and a clean, dry basement utility area with walls recently parged. Major systems updated including electric rewired in 2024 by a licensed electrician, HVAC serviced within the last 3 months, and one water heater replaced in Jan 2025 (serving 2nd & 3rd floors). All 3 bathrooms upgraded within the last 18 months and rear exterior brick recently pointed.Fire safety systems up to date with records, red box and extinguishers. Lead Cert and Rental License current.Currently 5 units occupied, 3 vacant, all month-to-month leases with single occupancy per room. Rents were increased Jan 2025 with additional room for increases Jan 2026.Value-add potential: Basement offers opportunity to add coin-operated laundry and/or tenant storage for additional income.Property is fully habitable, fully functional, and in great condition, making it a strong turnkey investment with future upside.
Investor Opportunity – 8 Unit Legally Zoned RM-1 Rooming House!!ONE SHOWING ON SUNDAY April 19th from 12-1pm. Ask your agent to accompany you or contact the listing agent to reserve your spot. Cash-flowing 8-unit rooming house with a pro forma gross income of $5,365/month (with all rooms occupied) and additional upside. Property features 3 full bathrooms (one per floor), large shared kitchen with upgraded cabinets, spacious dining room, and a clean, dry basement utility area with walls recently parged. Major systems updated including electric rewired in 2024 by a licensed electrician, HVAC serviced within the last 3 months, and one water heater replaced in Jan 2025 (serving 2nd & 3rd floors). All 3 bathrooms upgraded within the last 18 months and rear exterior brick recently pointed.Fire safety systems up to date with records, red box and extinguishers. Lead Cert and Rental License current.Currently 5 units occupied, 3 vacant, all month-to-month leases with single occupancy per room. Rents were increased Jan 2025 with additional room for increases Jan 2026.Value-add potential: Basement offers opportunity to add coin-operated laundry and/or tenant storage for additional income.Property is fully habitable, fully functional, and in great condition, making it a strong turnkey investment with future upside.
Neighborhood
Type
Total Baths
County
Philadelphia
Area
19140
Tax Amount
$3,653
Status
Active
Listing #
PAPH2595064
Built
1915
Lot Size
0.04
Listed on site
77 days
Listing Agent Id
802339408174