2721 W Lehigh Ave,PHILADELPHIA, PA 19132
PHILADELPHIA, PA 19132
Description
Rare opportunity to own a legally zoned triplex with minimal work needed! This well-maintained multifamily property features three spacious one-bedroom units, offering flexibility for both owner-occupants and investors.Looking to house hack? Live in one unit while generating rental income from the other two. Looking to build your portfolio? Position all three units for strong cash flow through traditional rentals or housing programs such as Housing Choice Voucher (Section 8) or veteran housing programs, subject to program requirements and approvals. With its legal triplex zoning and solid condition, this property offers a strong foundation without the heavy renovation typically associated with multifamily investments. Financing possibilities may include FHA owner-occupied financing for qualified buyers or DSCR financing for investors, subject to lender requirements. Whether you're purchasing your **first multifamily property or adding another income-producing asset to your portfolio**, opportunities like this don't come around often. Three units. Multiple income streams. One property. Schedule your showing today.
Details
| MLS # | PAPH2668560 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1915 |
| Days On Site | 7 |
| Listing Provided By | Realty ONE Group Focus | Anthony A Lee |
Features
| SQ Feet | 1,788 |
|---|---|
| Basement | Y |
| Units | 3 |
| Zoning | RSA5 |
| Acreage | 0.03 |
Interior
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Electric |
Exterior
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Concrete Perimeter |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 3985 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19132 |
| Area | 19132 (19132) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19132) | |
Price: $249,999 low | high Med: $109,900 sqft: 1,788 low | high Med: 1,120 $ / sqft: $140 low | high Med: $98 On site: 7 low | high Med: 306 | |
Market Activity 19132
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19132 |
| Area | 19132 (19132) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19132) | |
Price: $249,999 low | high Med: $109,900 sqft: 1,788 low | high Med: 1,120 $ / sqft: $140 low | high Med: $98 On site: 7 low | high Med: 306 | |
