1439 W Venango St - Apartments FOR SALE


Philadelphia, PA 19140- Tioga-Nicetown
$449,000 USD
215-987-7633
1439 W Venango St, Philadelphia, PA for Sale
$449,000 USD
Apartments - FOR SALE
1/11
null | 10.02% Cap Rate

1439 W Venango St
Philadelphia, PA 19140
Tioga-Nicetown


HIGHLIGHTS

  • Close to all major transportation
  • Temple Medical School

OVERVIEW

Tremendous Investment Opportunity next to Temple Health! Fully occupied duplex with two bi-level 4-bedroom units! The total rent is $4,111 across both units and it’s 84% subsidized ($3,436 direct-deposited by the government on the 1st of each month)! FULL 10-YR TAX ABATEMENT. The Property can be delivered FULLY-OCCUPIED, VACANT, or with 1 occupied unit for easy House Hackinng. The location is ideal: 1-2 blocks from major employers (Temple University Hospital, Shriner’s Children’s Hospital), graduate schools (Temple Medical and Dental School), public transportation (Broad Street Line subway), and the upcoming Beury Hotel & Residences (138-room Courtyard Marriott hotel, 113-unit ground-up apartment building). Each bi-level unit has washer-dryer, quartz countertops, central HVAC, and electric appliances. Bottom units has a private backyard and full basement for storage. Electric is separately-metered for each unit (no gas). Project was fully remodeled in Q3 2023.

FOR SALE DETAILS

PRICE

$449,000 USD

PRICE/SF

$158 USD /SF

# OF UNITS

2

PRICE/UNIT

$224,500

CAP RATE

10.02%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,517 SF

ZONING

R

APN/PARCEL ID

131001400

ASK ABOUT THIS PROPERTY

Luis LucianoKeller Williams EmpowerMore Info
215-987-7633

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Luis LucianoKeller Williams EmpowerMore Info
215-987-7633

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.