Turnkey Triplex Investment
422 E ALLEGHENY Avenue Philadelphia, PA 19134
422 E ALLEGHENY Avenue, Philadelphia, PA, 19134
$224,999
For Sale
$224,999
MULTI_FAMILY - PHILADELPHIA, PA
Property Size1,980 SF
Lot Size0.02 Acres
Price / SF$113.64
Days on Market102
Property Features for 422 E ALLEGHENY Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,980 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2642
Utilities
- Heating system
- Hot Water(Heating)
Building Details
- Year built
- 1930
- Number of units
- 3
- Building materials
- Block
Listing Agency
Homestarr Realty
(215) 355-5565
850 Easton Road, Warminster, PA
Listed by
Aldo Torres
(267) 575-1325
Added: Apr 8 Checked: Jul 18 at 8:06 pm
MLS# PAPH2605496
Listing URL
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Investment Insights
Based on property information with market context.
This RM1-zoned triplex presents a turnkey investment opportunity. The property features three separately metered units. The first-floor apartment includes 2-bedrooms and 1-bath, and is currently rented month-to-month. The second-floor apartment includes 2-bedrooms and 1-bath, and is currently vacant. The third-floor apartment includes 1-bedroom and 1-bath, and is currently rented month-to-month. The property is located in an easy-commute area with a bus stop nearby. The property offers immediate cash flow with additional upside, including potential space for a 4th unit. Separate utilities help keep expenses down, and the possibility to add another unit makes this a prime value-add opportunity. The property is suitable for both seasoned investors and those just getting started.
Key Highlights
- Turnkey triplex investment property with immediate cash flow.
- Potential to add a 4th unit for increased income.
- Three separately metered units, reducing landlord expenses.
Property Analytics
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FAQs
What type of property is this?
Triplex - RM1-zoned triplex with immediate cash flow and upside potential.
Where is this triplex located?
The property is located at 422 E ALLEGHENY Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $224,999.
What are key features of this property?
This property features: Turnkey triplex investment property with immediate cash flow.; Potential to add a 4th unit for increased income.; Three separately metered units, reducing landlord expenses.