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Welcome to this exceptional triplex located in the vibrant neighborhood of Olde Kensington! This fully renovated property, completed in 2016, boasts beautiful hardwood floors throughout and has been meticulously maintained. With a proven track record of success, it has experienced only one month of vacancy for one unit since renovations were completed, making it a fantastic investment opportunity. This triplex consists of three well-appointed units, all featuring spacious layouts designed for comfort and convenience: - **Apartment 1:** $2,145/month - A charming 2-bedroom, 1-bathroom unit with an inviting garden area, perfect for outdoor relaxation. - **Apartment 2:** $1,978/month - Another delightful 2-bedroom, 1-bathroom unit featuring a private deck, ideal for enjoying morning coffee or evening sunsets. - **Apartment 3:** $1,627/month - This cozy 2-bedroom, 1-bathroom unit also offers a deck, providing additional outdoor space for tenants. With gross annual rents totaling **$69,000**, this triplex presents a solid income stream. The building benefits from separate gas and electric meters as well as independent HVAC systems for each unit, allowing for enhanced tenant satisfaction and reduced operational costs. Situated on a quiet block amidst an impressive array of new construction developments, this property attracts amazing tenants who appreciate the charm of the neighborhood. The outdoor patios provide a wonderful space for tenants to unwind and enjoy the surrounding community. Don't miss your chance to own this remarkable triplex in a thriving area with strong rental demand. It requires no repairs or updates"”simply take over and start enjoying the benefits of this outstanding investment! For inquiries or to schedule a viewing, please contact us today!
Property Type(s):
Multi Family
| Last Updated | 3/11/2025 | Tract | OLDE KENSINGTON |
|---|---|---|---|
| Year Built | 1915 | Community | 19122 (19122) |
| County | PHILADELPHIA |
SCHOOLS
| School District | PHILADELPHIA CITY |
|---|
Additional Details
| AIR | Central Air, Gas |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | 19122 (19122) |
| HEAT | Hot Water, Natural Gas |
| LOT | 1307 sq ft |
| LOT DIMENSIONS | 18.00 x 75.00 |
| PARKING | On Street |
| POOL DESCRIPTION | None |
| SEWER | Septic Tank |
| STYLE | Other |
| SUBDIVISION | OLDE KENSINGTON |
| TAXES | 8905 |
| WATER | Public |
| ZONING | Rsa5 3 unit rental license |
Location
Listing provided by Tesla Realty Group, LLC
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Data last updated: 3/12/25 12:46 AM PDT
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