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1540 W Tioga Street

Philadelphia, PA 19140

– beds
– baths
2,048 sqft
1,232 sqft lot
$205 per sqft
1940 build

Amazing investment opportunity. This modern, fully occupied 3-unit multi-family property, primarily built new in 2021, is situated in the highly sought-after neighborhood of Philadelphia just steps from Temple University Hospital. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases, as well as owner user capability utilizing the income from the additional units to offset expenses. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors, and includes approximately seven years remaining on a tax abatement. The unit mix includes one (1) studio unit, one (1) 2-bedroom, 1-bathroom unit and one (1) 3-bedroom, 2-bathroom unit. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. Nine property portfolio, can be purchased individually or as a full / partial portfolio (2243 N. Broad St., 2207 N. Broad St., 1730 Ridge Ave., 1230 N Marshall St., 1520 N. 7th St., 1805 N. 6th St., 1917 N. 7th St., 2010 N. 8th St., 1540 W. Tioga St.).

Listing courtesy of BRIGHT / KW Empower

Last checked: Checking… • Last updated Jan 6, 2025 •

MLS# PAPH2432732 —

The Building

Year Built:

1940
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Masonry
Building Units Total:

3
Structure Type:

Interior Row/Townhouse
Architectural Style:

Other
Accessibility Features:

None
Foundation Details:

Concrete Perimeter
Basement:

Yes
Basement Type:

Fully Finished
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

2048

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

2048
Living Area SqFt:

2,048 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Settlement

Location

Directions:

North on Broad Street to left on Ontario to right on North 16th, to right on Tioga Street
Latitude:

40.00639700
Longitude:

-75.15504500

The Property

Property Type:

Multi-Family
Property Subtype:

Triplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.03
Lot Size Source:

Assessor
Lot Size Dimensions:

16.00 x 77.00
Lot Dimensions Source:

Assessor
Lot SqFt:

1,232 Sqft
Zoning:

RSA5
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

Q50
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

112084000
Tax Year:

2024
Tax Lot:

47
Tax Annual Amount:

$945
Tax Assessed Value:

$67,524
Year Assessed:

2024
School Tax:

529.0
City/Town Tax:

415.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air, Heat Pump(s)
Heating Fuel:

Electric

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Electric
Water Source:

Public

Schools

School District Name:

The School District Of Philadelphia
School District Source:

Listing Agent

The Community

Subdivision Name:

Nicetown Tioga
Pool:

No Pool

Parking

Garage:

No
Type of Parking:

None

Extra Units

Other Units:

Unit 1,Unit 2,Unit 3
Vacation Rental:

No
Single Room Units:

1
Two Bedroom Units:

1
Three Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/6/25 Jan 6, 2025	Listed / Active	BRIGHT	$420,000

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This multifamily located in Upper North Philadelphia, Philadelphia, PA 19140 is currently for sale for $420,000. 1540 W Tioga Street is a 2,048 square foot multifamily with – beds and – baths. 1540 W Tioga Street is in the Upper North Philadelphia neighborhood of Philadelphia and has a WalkScore® of 81, making it very walkable. This multifamily is in the attendance area of Mastery Charter School At Gratz.

Listing Courtesy of: BRIGHT and KW Empower.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.