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 bedroomsSecond Unit: 3 bedroomsAdditional Studio UnitsEach 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.
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 bedroomsSecond Unit: 3 bedroomsAdditional Studio UnitsEach 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.
Neighborhood
Type
Total Baths
County
Philadelphia
Area
19120
Tax Amount
$2,904
Status
Active
Listing #
PAPH2605974
Built
1930
Lot Size
0.04
Listing Agent Id
1700006247476