Distressed 5-Unit Apartment
1705 W Erie Ave Philadelphia, PA 19140
For Sale
$200,000
Pending
Distressed five-unit multifamily building with multiple violations and a tenant move-out status largely complete.
Days on Market66
Property Features for 1705 W Erie Ave
General Information
- Standard status
- Pending
Listing Agency:
KW Empower
(267) 813-2985
Listed By:
Richard K Cassell · License #RS330536
(267) 813-2985
Source:
Exprealty
Added: May 21
Changed: Jul 23
Last Checked: Jul 24 at 2:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Empower
Investment Insights
Based on property information with market context.
This is a legally distressed five-unit multifamily apartment building with multiple reported violations. The property is being marketed as a distressed sale, with the outcome of any short-sale approval potentially dependent on the buyer’s offer.
According to the public remarks, all but one tenant has moved out, and the current scenario is most likely to involve a cash-for-keys arrangement. The seller is only accepting offers from direct buyers and is not accepting wholesales, assignments, or novations.
Because the property’s condition is tied to reported legal matters and remaining tenant status, prospective buyers should plan for approval steps and an orderly transition consistent with the stated move-out situation.
According to the public remarks, all but one tenant has moved out, and the current scenario is most likely to involve a cash-for-keys arrangement. The seller is only accepting offers from direct buyers and is not accepting wholesales, assignments, or novations.
Because the property’s condition is tied to reported legal matters and remaining tenant status, prospective buyers should plan for approval steps and an orderly transition consistent with the stated move-out situation.
Key Highlights
- Distressed five‑unit multifamily building with multiple violations
- Short sale approval may be required depending on the buyer’s offer
- All but 1 tenant has moved out; cash to keys is most likely
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Distressed five-unit multifamily building with multiple violations and a tenant move-out status largely complete.
Where is this apartment building located?
The property is located at 1705 W Erie Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Distressed five‑unit multifamily building with multiple violations; Short sale approval may be required depending on the buyer’s offer; All but 1 tenant has moved out; cash to keys is most likely
