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Renovated Triplex in Philadelphia

320 N 62ND Street Philadelphia, PA 19139

320 N 62ND Street, Philadelphia, PA, 19139
$445,000
For Sale
$445,000

MULTI_FAMILY - Contemporary - PHILADELPHIA, PA

Property Size2,700 SF
Lot Size0.04 Acres
Price / SF$164.81
Days on Market79

Property Features for 320 N 62ND Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
Standard status
Active
Size
2,700 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Annual Amount
2395

Utilities

Heating system
Baseboard, Electric (Heating), Forced Air
Cooling system
Central Air

Building Details

Year built
1915
Number of units
3
Building materials
Masonry
Architectural style
Contemporary
Listing agency HomeSmart Realty Advisors
Listed by Gazi Ataseven · License #RM426020
Added: May 6 Updated: Jul 13 at 10:57AM Checked: Jul 23 at 6:06AM
MLS# PAPH2616122

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This income-generating triplex, fully renovated in 2023, is located in a rapidly developing Philadelphia neighborhood. The property features three well-designed units with strong rental potential and immediate cash flow. Unit 1 has 2 bedrooms and 1 bathroom and is currently rented for $1,325 per month. Unit 2 also has 2 bedrooms and 1 bathroom and is currently rented for $1,325 per month. Unit 3 is a studio unit and is currently in the renting process. The property offers modern finishes, updated systems, and low-maintenance ownership. The property has approximately 7 years remaining on an approved tax abatement, providing a stable investment opportunity with long-term savings and cash flow potential. The lot size is 0.0439 acres and the property size is 2700 square feet.

Key Highlights

  • Renovated 2023 income‑producing triplex with 3 units: two 2‑bedroom/1‑bath units plus one studio unit
  • Unit #1 and Unit #2 each are currently rented for $1,325/month; studio unit is in the renting process
  • Approximately 7 years remaining on an approved tax abatement

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Parking Lot & Garage Electrical Service Acupuncture Travel Agency HVAC Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Fully renovated triplex with strong rental potential and immediate cashflow.
Where is this triplex located?
The property is located at 320 N 62ND Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Renovated 2023 income‑producing triplex with 3 units: two 2‑bedroom/1‑bath units plus one studio unit; Unit #1 and Unit #2 each are currently rented for $1,325/month; studio unit is in the renting process; Approximately 7 years remaining on an approved tax abatement
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