$244,000

Property Description

Located in the desirable Olney section of Northeast Philadelphia, this income-producing multifamily property is a fantastic addition to any investor's portfolio. The property currently generates strong rental income of approximately $900, $800, and $1,000 per month, offering immediate cash flow. This well-maintained building features: First Unit: 2 bedrooms Second Unit: 3 bedrooms Additional Studio Units Each unit is equipped with separate heat and electric meters, allowing tenants to pay their own utilities and helping maximize your net return. Conveniently situated near shopping, public transportation, schools, and major roadways, this property offers both strong rental demand and long-term appreciation potential.

Property Facts & Features

Property Type

Townhomes

Status

Active

Listed

Oct 4, 2026

Price per Sq Ft

$116/sqft

ZIP Code

19120

Location

Lat 40.02811 · Lng -75.13136