$375,000
320 N••••• 62nd St (Sign up for 50 free credits to unlock)Philadelphia, PA 19139
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
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