$ 379,000
-
$379,000
Price -
6
Bed -
3
Bath -
1,929
SqFt
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About the Listing KELWLMML - 3263427
FULL 2025 GUT RENOVATION Rare 6-Bedroom, 3-Bath home delivering immediate income and zero rehab risk. This tenant occupied property combines new build quality with day one cash flow: tenant lease in place at $2,639/month, tenant pays all utilities and will yield $1000 in monthly cash flow! Every system and finish is brand new including electrical, plumbing, HVAC, roof, windows, flooring, and fixtures. The layout flows across three levels with spacious bedrooms, modern bathrooms, quartz counters and stainless steel appliances. The exterior has been completely refreshed with new paint, fencing, and a private rear patio for low-maintenance outdoor space. Located minutes from Temple University, major transit lines, and North Broad redevelopment corridors, this property offers stability and appreciation potential. Ideal for turnkey investors, house-hackers, or 1031 buyers seeking predictable yield and modern construction. At the current rent, this asset performs above local multifamily averages, a rare 6-bedroom renovated product under $400K with an 8%+ gross cap rate. Schedule your appointment today.
Listing Highlights for 1628 W Lehigh Ave
Status
Active
Days on Site
0
Property Type
Residential
MLS ®
PAPH2555402
Year Built
1915
Total Square Footage
1,929
Lot/Acreage
0.02
County
Philadelphia
Neighborhood
Allegheny West
Area
19132 (19132)
School District
Philadelphia City
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1929
- Below Ground Sq Ft: 0
- Basement: Fully Finished
- Other: Main Floor Bedrooms: 6
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 15.00 x 70.00
- Zoning: RSA5
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $957
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Listing Location
Questions About..
1628 W Lehigh Ave Philadelphia, PA 19132
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