3514 W Allegheny Ave - Multi-Family FOR SALE


Philadelphia, PA 19132- Allegheny West | 
$515,000 USD
267-546-1732
3514 W Allegheny Ave, Philadelphia, PA for Sale
$515,000 USD
Multi-Family - FOR SALE
1/14
null | 6.65% Cap Rate

3514 W Allegheny Ave
Philadelphia, PA 19132
Allegheny West


OVERVIEW

MPN Realty, Inc. is proud to present the exclusive sale of 3514 W Allegheny Avenue, a newly redeveloped 2,025 SF triplex offering a unique opportunity for an owner-occupant or investor. This three-story multifamily building features three (3) residential units, including one (1) 2-bedroom/1-bath unit and two (2) 1-bedroom/1-bath units, along with an expansive backyard. Each unit is equipped with individual washer/dryer hookups. The property has received its Certificate of Occupancy and includes three (3) rental licenses. Delivered completely vacant, the building has never been occupied since its redevelopment, providing a rare opportunity for a buyer to select their own tenants or occupy one of the units while generating income from the remaining apartments. Situated just off Ridge Avenue, the property offers close proximity to Main Street Manayunk, easy access to Kelly Drive and I-76, and a Walk Score of 82. Its convenient location near Fairmount Park, Thomas Jefferson University, and the growing restaurant and retail scene of East Falls makes this an attractive multifamily opportunity.

FOR SALE DETAILS

PRICE

$515,000 USD

PRICE/SF

$254 USD /SF

# OF UNITS

3

PRICE/UNIT

$171,667

CAP RATE

6.65%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,320 SF

ZONING

RSA-5

APN/PARCEL ID

382021005

ASK ABOUT THIS PROPERTY

Alexandra CharenMPN RealtyMore Info
267-546-1732

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

Alexandra CharenMPN RealtyMore Info
267-546-1732

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