1705 W Erie Avenue
Philadelphia, PA 19140
- – beds
- – baths
- 2,759 sqft
- 1,566 sqft lot
- $108 per sqft
- 1929 build
Investor's Dream: 5-Unit Property in Philadelphia - 1705 W Erie Ave, 19140 Discover an exciting investment opportunity in the bustling real estate market of Philadelphia. Presenting 1705 W Erie Ave, a strategically located 5-unit property with tremendous potential. Priced at just $300,000, this property is a golden ticket for investors looking for steady income and future growth. Key Features: 1. Diverse Rental Units: This property boasts a diverse rental portfolio, including two two-bedroom units, two comfortable one-bedroom units, and one efficient studio unit. Such diversity ensures a wide tenant base, increasing rental stability. 2. Current Occupancy: 4 out of the 5 units are currently rented. 3. Prime Location: Situated in the dynamic 19140 area, tenants enjoy easy access to essential amenities, public transportation, and the city's thriving cultural scene. 4. Income Potential: With both current and potential rental income, this property offers a solid return on investment and the ability to increase cash flow over time. 5. Affordable Entry: Priced attractively at $300,000, this property is a cost-effective way to enter or expand your real estate investment portfolio. Seize this opportunity to add a fantastic income-generating property to your investment portfolio. Schedule a viewing today to explore 1705 W Erie Ave's potential further. Contact us for more information and to discuss how this property aligns with your investment goals.
Last checked:
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Last updated Apr 10, 2025
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MLS# PAPH2468748 —
The Building
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Year Built:1929
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Year Built Source:Estimated
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Roof:Asbestos Shingle, Flat
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New Construction:No
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Construction Materials:Masonry
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Building Units Total:4
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Structure Type:End of Row/Townhouse
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Historic:No
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Architectural Style:Side-by-Side
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Accessibility Features:None
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Foundation Details:Block, Concrete Perimeter, Stone
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Total SqFt Source:Estimated
Interior
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Room Count:5
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Flooring Type:Laminate Plank, Laminated, Carpet, Wood
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2759
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Living Area SqFt:2,759 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, Seller Financing
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Possession:Negotiable, 0-30 Days CD, Immediate
Location
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Directions:Right on the corner lot
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Latitude:40.01019669
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Longitude:-75.15618896
The Property
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Property Type:Multi-Family
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Property Subtype:Quadruplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.04
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Lot Size Source:Estimated
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Lot SqFt:1,566 Sqft
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Zoning:RM1
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Other Structures:Above Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:CA0
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (609) 533-4677
- Office phone:
- (484) 328-3282
Taxes
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Tax ID Number:881298920
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Tax Year:2022
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Tax Lot:96
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Tax Annual Amount:$1,863
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Tax Assessed Value:$133,100
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Year Assessed:2022
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School Tax:1022.0
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City/Town Tax:840.00
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Total Taxes Payment Frequency:Annually
The Listing
Heating & Cooling
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Cooling Type:Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Baseboard - Electric, Baseboard - Hot Water
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Heating Fuel:Electric
Utilities
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Utilities:Natural Gas Available, Sewer Available, Water Available, Electric Available
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Other Units:Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
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Vacation Rental:No
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Single Room Units:1
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One Bedroom Units:1
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Two Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/10/25
Apr 10, 2025
|
Listed / Active | BRIGHT | $300,000 |