Philadelphia PA Real Estate & Homes for Sale

It is my distinguished honor to present to you Kensington Duplex, located in the Heart of Kensington, close to Fishtown, Norris Square, Olde Kensington, and other subsections of the Riverwards along the Delaware River. Situated at the intersecting sections between Kensington Ave, Lehigh Ave, & E. Allegheny Ave, this 2 unit building nestled in between public transportation infrastructure, medical institutions, new construction, and commercial mixed use corridors with a multitude of amenities. The pro-forma and other financial analysis are available for review. The lease agreements are month-to-month and we project rental income could be increased. Unit 1 [1st Floor]: 1 Bed/1 Baths: $700/monthUnit 2 [2nd Floor]: 2 Bed/1 Bath: $900/month CAPITALIZATION RATE: Kensington Duplex has a capitalization rate of 9.22% with current rental income of $1,600 per month. The cap rate could increase to 10.02% if rental income was increased by $100/month to $1,700/month with minor increases on each rental unit. Cap rates could increase to 11.62% if you reduce the monthly gas operating expense by installing electric baseboards or allocate utility costs to the tenants. PACKAGE DEAL: This property is to be sold separately or together in a package deal with 531 E. Indiana Ave, a 5 Unit Building listed for $350,000. Together, there are 7 units in 2 buildings for sale. DEVELOPMENT: There are major development projects occurring nearby, including commercial mixed use corridor revitalization of Kensington Ave, which has commercial storefronts underneath the Blue Train line. There are also block developments of major projects that range from 15 unit development to 200 unit development nearby. Investors also acquire shells, factories, storage facilities, warehouses, and other industrial hubs that have laid vacant since the Industrial Revolution of Philadelphia and transform these buildings into multi-unit dwellings and apartment complexes. The combination of public transportation infrastructure meets commercial mixed use corridors allow for tenants to access amenities that makes this multi-unit building a highly desirable and easy to rent building. Projects such as the Hagert Block development, Kensington Courts, Allegheny Ave. commercial development, and other major projects will lead the way to a new Kensington.QUALIFIED OPPORTUNITY ZONE: This property is located within a Qualified Opportunity Zone, allowing investor capital gains tax advantages, which will exacerbate development and investments in these areas. Additional features include: - Easy Parking- Close to trolley, bus stops, the thoroughfares, L Blue Train- Multicultural cuisine & food establishment- Close proximity to Fishtown, Norris Square, Olde Kensington, Port Richmond, and other subsections of the Riverwards.Invest in the City of Brotherly Love & Sisterly Affection, from monstrous skyscrapers, to the stadiums, to the Delaware River, & surrounding landscape of the great City of Philadelphia. The property is close to trolley and bus stops, and less than 10 minutes from the Philadelphia International Airport. and close to multi-modal public transportation, 1-95 highway, and highways to New Jersey and other parts of the Tri-State Counties. We thank you for your consideration and we look forward to doing business with you. We will ensure a professional and respectful transaction for all parties and we wish you luck in the search for your new home in the City of Brotherly Love & Sisterly Affection.

Fire damaged. Property is boarded up. Interior photos shown are photos from pre-fire. Mechanicals, electric, plumbing still in place. Property was recently renovated prior to the fire.

The building consists of shared living spaces. Enter into a renovated kitchen with lots of cabinet space for storage. The first fl has a private bedroom and bathroom with laminated floors. The second fl has two additional bedrooms with private bathrooms, laminate floors, and a good size closet. The basement is full perfect for your storage needs.

The building consists of shared living spaces. Enter into a renovated kitchen with lots of cabinet space for storage. The first fl has a private bedroom and bathroom with laminated floors. The second fl has two additional bedrooms with private bathrooms, laminate floors, and a good size closet. The basement is full perfect for your storage needs.

The building consists of shared living spaces. Enter into a renovated kitchen with lots of cabinet space for storage. The first fl has a private bedroom and bathroom with laminated floors. The second fl has two additional bedrooms with private bathrooms, laminate floors, and a good size closet. The basement is full perfect for your storage needs

The building consist of shared living spaces. Enter into a renovated kitchen with lots of cabinet space for storage. The first fl has a private bedroom and bathroom with laminated floors. The second fl has two additional bedrooms with private bathrooms, laminate floors, and a good size closet. The basement is full perfect for your storage needs.

The building consist of shared living spaces. Enter into a renovated kitchen with lots of cabinet space for storage. The first fl has a private bedroom and bathroom with laminated floors. The second fl has two additional bedrooms with private bathrooms, laminate floors, and a good size closet. The basement is full perfect for your storage needs.

The building consist of shared living spaces. Enter into a renovated kitchen with lots of cabinet space for storage. The first fl has a private bedroom and bathroom with laminated floors. The second fl has two additional bedrooms with private bathrooms, laminate floors, and a good size closet. The basement is full perfect for your storage needs.

The building consist of shared living spaces. Enter into a renovated kitchen with lots of cabinet space for storage. The first fl has a private bedroom and bathroom with laminated floors. The second fl has two additional bedrooms with private bathrooms, laminate floors, and a good size closet. The basement is full perfect for your storage needs.

The building consists of shared living spaces. Enter into a renovated kitchen with lots of cabinet space for storage. The first fl has a private bedroom and bathroom with laminated floors. The second fl has two additional bedrooms with private bathrooms, laminate floors, and a good size closet. The basement is full perfect for your storage needs.

The building consist of shared living spaces. Enter into a renovated kitchen with lots of cabinet space for storage. The first fl has a private bedroom and bathroom with laminated floors. The second fl has two additional bedrooms with private bathrooms, laminate floors, and a good size closet. The basement is full perfect for your storage needs.

The building consists of shared living spaces. Enter into a renovated kitchen with lots of cabinet space for storage. The first fl has a private bedroom and bathroom with laminated floors. The second fl has two additional bedrooms with private bathrooms, laminate floors, and a good size closet. The basement is full perfect for your storage needs.

The building consists of shared living spaces. Enter into a renovated kitchen with lots of cabinet space for storage. The first fl has a private bedroom and bathroom with laminated floors. The second fl has two additional bedrooms with private bathrooms, laminate floors, and a good size closet. The basement is full perfect for your storage needs.

The building consists of shared living spaces. Enter into a renovated kitchen with lots of cabinet space for storage. The first fl has a private bedroom and bathroom with laminated floors. The second fl has two additional bedrooms with private bathrooms, laminate floors, and a good size closet. The basement is full perfect for your storage needs.

The building consists of shared living spaces. Enter into a renovated kitchen with lots of cabinet space for storage. The first fl has a private bedroom and bathroom with laminated floors. The second fl has two additional bedrooms with private bathrooms, laminate floors, and a good size closet. The basement is full perfect for your storage needs.

The building consist of shared living spaces. Enter into a renovated kitchen with lots of cabinet space for storage. The first fl has a private bedroom and bathroom with laminated floors. The second fl has two additional bedrooms with private bathrooms, laminate floors, and a good size closet. The basement is full perfect for your storage needs.

The building consists of shared living spaces. Enter into a renovated kitchen with lots of cabinet space for storage. The first fl has a private bedroom and bathroom with laminated floors. The second fl has two additional bedrooms with private bathrooms, laminate floors, and a good size closet. The basement is full perfect for your storage needs.

The building consists of shared living spaces. Enter into a renovated kitchen with lots of cabinet space for storage. The first fl has a private bedroom and bathroom with laminated floors. The second fl has two additional bedrooms with private bathrooms, laminate floors, and a good size closet. The basement is full perfect for your storage needs.

Income producing single family row home in Harrowgate. This property is currently rented for $1100 a month and produces $13,200 annually. The house was last updated in 2021 featuring 3 bedrooms and 1 bathroom. Current tenant would like to stay in the house, always pays on time, and has a month to month lease. This home is well kept by owner/contractor, has forced natural gas heat and hot water heater. This owner is also selling 1839 Margaret Street 19124 MLS#: PAPH2324384, 3339 N. Lee Street 19134 MLS#: PAPH2324408, and 515 E. Cornwall Street, 19134 MLS# PAPH2324436. Please contact agent for all showings as the house is occupied.

The building consist of shared living spaces. Enter into a renovated kitchen with lots of cabinet space for storage. The first fl has a private bedroom and bathroom with laminated floors. The second fl has two additional bedrooms with private bathrooms, laminate floors, and a good size closet. The basement is full perfect for your storage needs.

The building consist of shared living spaces. Enter into a renovated kitchen with lots of cabinet space for storage. The first fl has a private bedroom and bathroom with laminated floors. The second fl has two additional bedrooms with private bathrooms, laminate floors, and a good size closet. The basement is full perfect for your storage needs.

Income producing single family row home in Toiga/Juniata. This property is currently rented for $1000 a month and produces $12,000 annually. The house was last updated in 2018 featuring 4 bedrooms and 1 bathroom, and large rear yard. Current tenant would like to stay in the house, always pays on time, and has a month to month lease. This home is well kept by owner/contractor, has forced natural gas heat and hot water heater. This owner is also selling 1839 Margaret Street 19124 MLS#: PAPH2324384, 2084 E. Pacific Street 19134 MLS# PAPH2324420, and 515 E. Cornwall Street, 19134 MLS# PAPH2324436. Please contact agent for all showings as the house is occupied.

The building consists of shared living spaces. Enter into a renovated kitchen with lots of cabinet space for storage. The first fl has a private bedroom and bathroom with laminated floors. The second fl has two additional bedrooms with private bathrooms, laminate floors, and a good size closet. The basement is full perfect for your storage needs.

The building consists of shared living spaces. Enter into a renovated kitchen with lots of cabinet space for storage. The first fl has a private bedroom and bathroom with laminated floors. The second fl has two additional bedrooms with private bathrooms, laminate floors, and a good size closet. The basement is full perfect for your storage needs.