521-523 W VENANGO ST new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19140
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,066 sqft
Price per Sqft $423
MLS Listing ID PAPH2521602
Year Built 1925
Annual Tax Amount $1,383
Tax Year 2024
Lot Size 2,066 Sqft
Acres 0.05
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Investor Alert! Prime Turnkey Multifamily Package in North Philadelphia – $9,300 Monthly Rental Income Two fully occupied buildings offered together for a rare income-producing opportunity in a rapidly growing area. Located at 521 & 523 W Venango Street, this investment package includes 11 total residential units + 2 garage spaces, with a current monthly rental income of $9,300 and potential upside. 521 W Venango features 6 residential units: five studio apartments and one 1-bedroom unit, all occupied and generating consistent cash flow. 523 W Venango includes 5 units: one 2-bedroom, one 1-bedroom, and one studio apartment, plus two garages—a three-car garage currently rented and a vacant one-car garage ready to lease or use for owner storage. All tenants are in place and paying rent, making this an ideal opportunity for investors seeking immediate income in a high-demand rental market. Conveniently located near major transit, Temple Health System, and local amenities. Don't miss this chance to own a stable, cash-flowing asset in North Philadelphia!
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating None
Cooling Wall Unit
Heat Source None
Exterior
Garage Spaces 4.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 4
Garage N
Building
Lot Description Corner
Foundation Brick/Mortar
Sewer Public Septic
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871566660
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard