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About This Home
This 0-bedroom, 0-bathroom residential multi family at 422 E ALLEGHENY Avenue in PHILADELPHIA, PA is listed for $224,999 ($114 per sqft). Built in 1930, the home offers 1,980 sqft of living space on a 0.02 acres lot.
Turnkey investment opportunity at 422 E Allegheny Ave! This RM1-zoned triplex is priced at just $224,999 and offers immediate cash flow with additional upside, including potential space for a 4th unit. The property features three separately metered units: a first-floor 2-bedroom, 1-bath apartment currently rented month-to-month at $950, a second-fl
oor 2-bedroom, 1-bath apartment that is vacant and ready for a new tenant or owner-occupant, and a third-floor 1-bedroom, 1-bath apartment rented month-to-month at $700. With two units already producing income and one available for lease at market rent, this property provides flexibility and strong earning potential.
Separate utilities help keep expenses down, and the possibility to add another unit makes this a prime value-add opportunity. Conveniently located in an easy-commute area with a bus stop right on the corner, this property is ideal for tenants and owners alike. Whether you're a seasoned investor or just getting started, this property is ready to sell-schedule your showing and make your offer today!
Key Features
- Built in 1930
- 0.02 acre lot
Property Details
Monthly Cost Estimate
$1,203/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
422 E ALLEGHENY Avenue
PHILADELPHIA, PA 19134
KENSINGTON
Property Details
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 422 E ALLEGHENY Avenue is listed at $224,999 ($114/sqft). The estimated monthly payment is $975 based on 20% down at 6.5% interest.
Key features include: Built in 1930, 0.02 acre lot.
This property is listed by Aldo Torres and can be reached at 2675751325 or aldotorres@homestarrinc.com.