Located in North Philadelphia, 1318 W. Allegheny Ave. presents an outstanding investment opportunity with this triplex offering approximately 3,100 square feet of living space. A common entrance provides access to the three residential units, making the property an excellent option for investors seeking strong income potential or an owner-occupant looking to offset their mortgage with rental income. A covered front porch adds to the property's curb appeal, while the spacious layout provides flexibility for a variety of investment strategies. Conveniently situated near Temple University Hospital, SEPTA bus routes, the Broad Street Line, neighborhood shopping, and major commuter routes, the property offers excellent accessibility for tenants. With continued investment and redevelopment throughout the surrounding area, this property presents an excellent opportunity to add to your investment portfolio in a well-connected Philadelphia neighborhood.
| MLS # | PAPH2655772 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract-bright |
| Year | 1930 |
| Days On Site | 80 |
| Listing Provided By | Genstone Realty | Christopher B Nelson |
| SQ Feet | 3,123 |
|---|---|
| Basement | Y |
| Units | 3 |
| Zoning | RM1 |
| Acreage | 0.04 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Stone |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 2452 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19132 |
| Area | 19101 (19101) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19132) | |
Price: $159,900 low | high Med: $109,900 sqft: 3,123 low | high Med: 1,024 $ / sqft: $51 low | high Med: $107 On site: 80 low | high Med: 102 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19132 |
| Area | 19101 (19101) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19132) | |
Price: $159,900 low | high Med: $109,900 sqft: 3,123 low | high Med: 1,024 $ / sqft: $51 low | high Med: $107 On site: 80 low | high Med: 102 | |