$ 275,000
-
$275,000
Price -
4
Bed -
3
Bath -
2,576
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing 55893 - 3301176
Legal Triplex | Income-Producing Investment | Temple University Area Excellent investment opportunity just blocks from Temple University! This legal triplex features three residential units plus a bonus storage unit, offering multiple income streams. Current/Recent Rents: 3rd Floor – 2 Bedroom: $1,165/month 2nd Floor – 1 Bedroom: $995/month (just vacated) 1st Floor – 1 Bedroom: $1,075/month (just vacated) Storage Unit: $300/month Recent Total Monthly Rent: $3,535 *Leases available upon request The property includes coin-operated laundry machines, an up-to-date fire alarm system, one year pest control plan, and has recently had the first and second floor apartments vacated, making them ready for a new owner to lease at current (higher) market rates. Please note that all three apartments were below market rent. But investors utilizing the Philadelphia Housing Authority (PHA) program may achieve substantially higher rents. Current PHA payment standards indicate potential rents of approximately: 2 Bedroom: $1,660/month Each 1 Bedroom: $1,390/month Potential residential rental income: Approximately $4,440/month, plus additional income from the storage unit and coin-operated laundry. The third-floor tenant is in good standing and currently on a month-to-month lease. *This is an AS-IS, Where-Is Sale. Buyer Pays All Transfer Taxes.* *Seller will consider Cash, HardMoney, and Conventional Loans. Inspections are for informational purposes only.*
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances: Built-In Microwave, Oven/Range - Electric, Refrigerator
- Air Cond: Window Unit(s)
- Heating: Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2576
- Below Ground Sq Ft: 0
- Basement: Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: RSA5
- Roof:
- Others: Excellent
- Sewer: Public Septic
Financial Details
- Tax Amount: $3,241
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1814 W Ontario St Philadelphia, PA 19140
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
