$375,000

For sale

320 N••••• 62nd St (Sign up for 50 free credits to unlock)Philadelphia, PA 19139

4Beds
3Baths
2,700Sq Ft Living
1,911Sq Ft Lot
1915Year Built

Property Description

STABLE INVESTMENT OPPORTUNITY!!! WELCOME TO THIS TOP-NOTCH FINISHED FULLY RENOVATED 2023 INCOME-GENERATING TRIPLEX LOCATED IN ONE OF PHILADELPHIA'S RAPIDLY DEVELOPING NEIGHBORHOODS! THIS AMAZING PROPERTY FEATURES 3 WELL-DESIGNED UNITS WITH STRONG RENTAL POTENTIAL AND IMMEDIATE CASH FLOW. UNIT BREAKDOWN: - UNIT #1 - 2 BEDROOMS, 1 BATHROOM - CURRENTLY RENTED FOR $1,325/MONTH - UNIT #2 - 2 BEDROOMS, 1 BATHROOM WAITING APPLICATION - UNIT #3 - STUDIO UNIT - WAITING APPLICATION THE PROPERTY WAS COMPLETELY UPDATED IN 2023 AND OFFERS MODERN FINISHES, UPDATED SYSTEMS, AND LOW-MAINTENANCE OWNERSHIP. ADDITIONALLY, THE PROPERTY HAS APPROXIMATELY 7 YEARS REMAINING ON AN APPROVED TAX ABATEMENT, PROVIDING A STRONG AND STABLE INVESTMENT OPPORTUNITY WITH LONG-TERM SAVINGS AND CASH FLOW POTENTIAL. PERFECT FOR INVESTORS LOOKING TO ADD A TURNKEY, INCOME-PRODUCING PROPERTY TO THEIR PORTFOLIO!

Property Facts & Features

Property Type
Multi Family
Status
Active
Listed
May 1, 2026
Price per Sq Ft
$139/sqft
ZIP Code
19139
Parking
On Street
Heating
90% Forced Air, Baseboard Electric
Cooling
Central A/C
Construction
Masonry
Style
Contemporary
Property Tax (2026)
$2,395/yr
Assessed Value
$171,100
Last Sold
$75,000 · Feb 18, 2021
Neighborhood
Haddington
County
Philadelphia
School District
The School District of Philadelphia

Estimated Value

$395,000Range $320,000 to $470,100

Automated estimate. Not an appraisal.

Features & Amenities

Land Info

  • Lot Size Acres: 0.0438705
  • Lot Size Square Feet: 1911

Multi-Unit Info

  • Number of Units: 3
  • Number of 1 Bedroom Units: 0
  • Number of 2 Bedroom Units: 2
  • Number of 3 Bedroom Units: 0

Garage and Parking

  • Parking Features: On Street

School Information

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Heating and Cooling

  • Cooling Features: Central A/C
  • Heating Features: 90% Forced Air, Baseboard - Electric
  • Heating: Yes

Other Property Info

  • Annual Tax Amount: 2395
  • Source Listing Status: Active
  • County: PHILADELPHIA
  • Disclaimer: Standard
  • Ownership: Fee Simple
  • Postal Code Plus 4: 1108
  • Township: PHILADELPHIA
  • Property Subtype: Triplex

Building and Construction

  • Total Square Feet Living: 2700
  • Year Built: 1915
  • Above Grade Finished Area: 2700
  • BelowGradeFinishedArea: 0
  • Construction Materials: Masonry
  • Property Age: 111
  • Total Area Sqft: 2700
  • Architectural Style: Contemporary

Location

Lat 39.96760 · Lng -75.24388